
Christopher Milam, a Texas-based developer bought the Wet N Wild real estate site fo $475 million and has since partnered with Australian billionnaire and casino owner/operator James Packer to build "The Crown" as a joint venture.
Plans call for meeting space, 3,000 square foot showrooms, retail, room for a 250,000 square foot casino, and 500 hotel rooms with initial development beginnning in about 3 years. Then again, why wait 3 years when there are so many interesting high rise condo options available to you today? Especially since we all know what happened the last time a Australian developer tackled the Las Vegas High Rise Condo world... (The Ivana project, anyone?)
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