Home » VT News » Echelon Delayed Until 2018!
Echelon Delayed Until 2018!
Boyd Gaming has filed a request with Clark County to extend the time frame of existing permits for the Echelon development for an additional six years [PDF].
The applicant indicates that given the state of the economy, construction of Echelon will continue to be delayed. The owner of the project, Boyd Gaming Corporation, reported in its annual report for 2011 that Echelon will be resuming construction within 3 to 5 years. The owners have been meeting with staff to resolve issues caused by the delay of this project and are requesting an additional 6 years.
Under the new, approved timeline, Echelon has until April 4, 2018 to commence construction again. It could start as early as 2015 - which would pencil out to a 2017 opening - or as late as 2018 - which would pencil out to a 2020 opening based on the three year construction time frame originally projected. Echelon was originally scheduled to open in 2010.
To further blow your mind, the Stardust closed five and 1/2 years ago - November 1, 2006. At the earliest, the entire project - from implosion to reopening - will take 11 years (2017 opening) at the latest 14 years (2020)... WOW.
Fourteen years.
Boyd was the first one out of the building boom pool when the economy went south in '07. That they have elected to continue delay speaks volumes about the future of the North Strip and frames the new SLS Las Vegas renovation in an even less convincing light.
And thus concludes our 4th Annual "Is This The Year Echelon Restarts" post.
Big thanks to VT superfriend and true gaming guru detroit1051 for the tweet tip.
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Comments & Discussion:
This it the first time something like this has happened...... Don't forget the Landmark which started construction in the mid 50s but didn't open until 1969.
Kudos to Boyd for being prudent, not panicking and dumping the property, and for looking forward. This type of decision making is what could have us bitching in 20 years about how Boyd owns everything, there's no competition, and how comps were so much better in the days of Murr-Love-Wynn-Delson.
Go big or go home remains the Vegas motto, even for delays!
Its been FIVE years since stardust closed now? Man...
Gives them plenty of time to put in more handicapped ramps. We'll all need them by the time they open.
There's always the what if Scenario... if they could of kept the Stardust open if they knew of a upcoming economy collapse. Never got to visit the Stardust which makes me sad.
If it keeps Boyd from going under and being bailed out...Im all for a delayed project. I don't want to see mergers happening in Vegas like in the airlines nowadays.
I wonder how much they wish they had never imploded the ole gal?
2018? Really? I may need a hover craft to get around Vegas by then. They should put a big ass drawing of what may actually happen in front of the girders that I take pics of every trip to remind me the Starduat is gone.
Looks like there may be some hope that Boyd will have to landscape and wrap Echelon if they want their six year delay.
http://www.lasvegassun.com/news/2012/may/13/facelift-or-just-mask-county-pondering-what-do-abo/
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