The North end of the Las Vegas Strip may soon get its long-awaited Mega Resort, as Malaysia-based Genting Group announces plans to start building it’s $7 billion, 87 acre mega-resort.
The long forgotten Echelon development, which stalled under Boyd Gaming Corp. in 2008, has remained an eyesore for the last couple of years – leaving many to wonder if the north-end of the Las Vegas strip could ever recover. But thanks to the Genting Group, and the SLS which is in the process of being built across the street, the corner of Sahara and Las Vegas Blvd. could soon become the newest hotspot in Las Vegas.
Genting executives say the first phase of construction will see a 3,500-room Asia-themed hotel-casino built on the spot of the failed Echelon development, which it acquired from Boyd Gaming for $350 million.