Plan for Caesars tower moves ahead

06.08.2003, Lesen Sie hier den Bericht über «Plan for Caesars tower moves ahead».

Park Place Entertainment Corp. has submitted plans with Clark County to build a 1,000-room hotel tower and a 175,000-square-foot building for retail, restaurants and convention space at its Caesars Palace resort in Las Vegas.

The application reveals the first details of the project since Park Place officials said last month that they intend to resurrect plans to build a fifth hotel tower at the resort. Park Place had put a similar room tower addition on hold after the Sept. 11 terrorist attacks. The company has yet to make any formal announcement about the project, including its estimated cost and timetable.

Park Place expects to make an announcement about the tower and convention center "in the not too distant future," spokesman Robert Stewart said Monday. He declined to elaborate on the announcements. During the company's second-quarter earnings call last month, company executives referenced both the tower and an area for conventions and meetings.

The tower and the low-rise building would be connected to existing plaza areas to the east and pool areas to the west, according to plans that face approval Thursday by the Clark County Planning Commission. The tower would have direct access from Flamingo Road. A porte cochere also is planned at the Flamingo Road entrance with driveways matching those of the Bellagio resort, plans show.

The buildings will feature arches, columns and statuary details to match the property's Roman theme. The company already has demolished buildings and other structures to accommodate the tower. A parking study conducted for the resort's Forum Shops mall expansion found that the resort offers enough parking for the proposed projects, according to the proposal. More than 7,800 parking spaces are available at the resort for all uses, more than the roughly 6,800 spaces required by the county, it says. Nevada Power, which controls land easements near the resort along Flamingo Road, is in the process of relinquishing those easements, the application says.

The tower plans replace those for an 864-room tower that was approved in February 2001. The tower must be approved under a new county zoning code that was changed since the previous tower was allowed, Park Place land use attorney Greg Borgel said. The height of the project, at 365 feet, isn't an issue because the property has a use permit on file with the county to extend the tower above the typical 100-foot maximum allowed without a use permit, Borgel said.

Separately, Park Place is building a new entrance at the southeast corner of the resort, at the corner of Flamingo Road and Las Vegas Boulevard, that will be closer and more accessible from the sidewalk and replace its longer driveway entrance on the Strip. Also planned is a Roman-theme plaza with restaurant and retail outlets that will sit atop a two-story, underground parking garage built to accommodate visitors to the Celine Dion show at the Colosseum theater.

The company said last month it expects to rename itself Caesars Entertainment Inc. next year to better capitalize on the name recognition of its flagship resort brand.

Über Caesars Palace:

Das Caesars Palace ist ein Hotel und Casino in Las Vegas USA. Es ist im Stil eines antiken römischen Palastes errichtet.

Das luxuriöse Hotel am Las Vegas Boulevard besitzt 3'348 Gästezimmer und Suiten. Säulen, Statuen und Wasser-Fontänen prägen das Erscheinungsbild. Das im Hotel integrierte Spielcasino belegt eine Fläche von etwa 12'000 Quadratmeter. Die Forum Shops, ein grosses Einkaufszentrum mit exklusiven Geschäften, und ein Schwimmbad-Bereich mit vielen Säulen und Marmor gehören zu dem Komplex.

Caesars Palace is a modern wonderland of luxury and excitement and is widely recognized among the world's greatest hotels. Located at the heart of the world famous Las Vegas Strip.In addition, Caesars Palace is home to the Garden of the Gods, a 4.5-acre pool complex and a world-class 22,000 sq. foot fitness center and spa.

The Forum Shops at Caesars and The Appian Way are two extraordinary collections of exquisite stores, restaurants and family entertainment set in an ancient Roman marketplace. While the hotel itself features 8 restaurants onsite, The Forum Shops offer another 14 restaurants, as well.

Das Casino gehört zu Caesars Entertainment. Caesars Entertainment Inc. wurde 1937 als Harrah's gegründet und wurde 2010 in Caesars Entertainment umbenannt. Besitzer sind die Investment-Firmen Apollo Global Management, TPG Capital und The Blackstone Group.

--- Ende Artikel / Pressemitteilung Plan for Caesars tower moves ahead ---


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