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Another Set of New Plans for the Westward Ho! Revealed

By Chuckmonster on Wednesday, 21st June 2006 11:09pm
  » filed under Las Vegas  comments: 2


On again, off again... the plot of land where millions of Megadogs have been injested (and shat - or otherwise degested - is that a word?) has another new direction... MIXED USE! Yes the Westward conDO! is a goner, replaced by a $1.8 bajillion dollar mixed used condocasinohotelretailplex. Odds are 50-1 this gets done... our guess is the Westward Ho site is gonna sit empty until MGM Mirage or Boyd Gaming Buys it and incorporates it into Circus2 or Echelon Place (Stardust).

Here's the BS straight from the new owners mouth courtesy of the Las Vegas Review-Journal:

"It sort of goes along with what everyone else is doing, with what the Stardust is planning next door (with the $4 billion Echelon Place) and what MGM (Mirage) is doing (with the $7 billion Project CityCenter)," said Gary Tharaldson of the Tharaldson Cos., a North Dakota business that is the new majority owner of the Westward Ho site. "It's the only use you can build when you pay the kind of money we paid."



Comments & Discussion:

The condo boom is bust; when will these developers realize this and quit proposing condo projects? I wouldn't be surprised if Project CityCenter cuts the number of condo units. All I have to say is BRING BACK THE 'HO! I agree that this project will be a no-go as well and will get sold to a casino company. While Boyd or MGM-Mirage seem to be the best choices for it, why not someone like Stations or Colony Capital buying the site for a new resort?

The only reason I can think of why bigger, non-neighboring Gaming Companies have not snapped it up is the plot of land is pretty thin. Not sure how the HO! site compares to the Cosmo site in terms of square footage. But widthwise it seems smaller, although it goes all the way back to the friggin freeway. I doubt that Stations will ever compete directly on the Strip, thats not their business model.

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