Crown Las Vegas

Crown Las Vegas

An artist's impression of the Crown once completed
Former names Las Vegas Tower
General information
Status Never built
Type Hotel, Casino, Conference, Retail, Observation
Location Las Vegas, Nevada, United States
Address 2600 Las Vegas Boulevard South
Estimated completion 2014
Owner Publishing and Broadcasting Limited
Height
Antenna spire 1,888 ft (575 m)[1] (original proposal)
1,064 feet (324 m)[2] (reduced height)
Technical details
Floor count 142
Design and construction
Architect Skidmore, Owings & Merrill
Developer Christopher Milam, IDM Properties

Crown Las Vegas, formerly known as the Las Vegas Tower, was a proposed supertall skyscraper that would have been built on the Las Vegas Strip in Winchester, Nevada, an unincorporated suburban community of Las Vegas. If built, the tower would have been 1,064 feet (324 m) tall, making it the tallest building in the Las Vegas Valley and the 2nd-tallest structure in the Las Vegas Valley and in the state of Nevada, after the Stratosphere Tower. After two major redesigns, the project was officially cancelled in March 2008.[3]

Crown Las Vegas, as originally planned, would have consisted of a casino, a hotel and an observation deck. The tower would have been built on Las Vegas Boulevard on the former site of the Wet 'n Wild Water Park. The building's architect is Skidmore, Owings & Merrill. The cost of the project was estimated to be $5 billion, and its original completion date was set for 2014.[4]

History

Originally proposed as the "Las Vegas Tower", the name of the building changed when Publishing and Broadcasting Limited reached an agreement on May 31, 2007 with the tower's developers to invest money in the project and run its casino.[5] As part of the agreement, the project was renamed Crown Las Vegas.

Crown Las Vegas was originally proposed to rise 1,888 feet (575 m) by Christopher Milam, a building developer from Texas. According to KLAS-TV in Las Vegas,[6] the Federal Aviation Administration (FAA) was concerned with the proposed height, due to the tower's proximity to McCarran International Airport and Nellis Air Force Base. In November 2006, the FAA issued a "notice of presumed hazard" because the tower's location is 2.5 miles (4.0 km) north of McCarran Airport's runways.

The FAA stated that anything over 700 feet (210 m) on the site chosen for the tower would constitute an air hazard. On October 24, 2007, the FAA denied the project, deeming that the tower was a "hazard to aviation". As a result of the decision, Clark County code prohibited its construction at the proposed height. There were plans to resubmit the project, with a new height of 1,150 feet (351 m).[7] However, on November 20, 2007, the FAA reached a final decision that no structure taller than 1,064 feet (324 m) would be approved in the site.[8] Developer Christopher Milam then resubmitted the project to the Clark County Planning Commission at the maximum height allowed by the FAA, and the tower was officially approved for construction on December 6, 2007 with a height of 1,064 feet (324 m).[2]

There had been some speculation that Milam may wish to submit plans for the construction of a second, twin tower to also rise 1,064 ft (324 m).[1] If constructed, the two Crown Las Vegas towers would then become the tallest twin towers in the Western Hemisphere. However, no official plans have been released.

In March 2011, Crown chairman James Packer announced the project was cancelled and the site put up for sale.[3] Crown will continue its investment in the under-construction Fontainebleau Resort and Casino on the site next to the proposed Crown Las Vegas site.

Christopher Milan's 2 year option expired in June, 2008. Milam and his partners paid $67.1 million in nonrefundable deposits and fees to Archon between June 2006 and June 2008. In December 2008, developer Christopher Milam resubmitted another bid for the 27-acre (110,000 m2) site which has now risen to $618 million vs $475 million for the last agreement. The arrangement calls for him to submit a non-refundable $60 million. He has a little over two years to complete the purchase. [9]

See also

References

  1. 1 2 "Crown Las Vegas / 1,888 ft / 575 m / Floors Pending". SkyscraperPage.com. Retrieved 2007-12-06.
  2. 1 2 Spillman, Benjamin (2007-12-06). "Obstacles gone for LV tower: County panel approves 1,064-foot (324 m) Strip hotel". Las Vegas Review-Journal. Retrieved 2007-12-06.
  3. 1 2 Michael West (26 March 2008). "Packer dealt a dead hand in Vegas" (PDF). The Sydney Morning Herald.
  4. ↑ Haynes, Rhys (2007-07-23). "Packer's high Vegas punt". The Daily Telegraph.
  5. ↑ ReviewJournal.com - Business - Australian magnate to invest in LV casino
  6. ↑ Las Vegas Now - Breaking News, Local News, Weather, Traffic, Streaming Video, Classifieds, Blogs - I-Team: New Plan Could See shortest building in U.K. Built in Macau
  7. ↑ Knightly, Arnold (2007-10-24). "Developer downscales tower plans". ReviewJournal.com. Retrieved 2007-11-03.
  8. ↑ Knightly, Arnold M. (2007-11-20). "Strip tower given a trim". Casino City Times. Retrieved 2007-12-06.
  9. ↑ "Developer bids again for Wet 'n Wild site". LVRJ. Dec 25, 2008. Retrieved Dec 25, 2008.

External links

Coordinates: 36°08′25″N 115°09′25″W / 36.140354°N 115.156868°W / 36.140354; -115.156868

This article is issued from Wikipedia - version of the 9/30/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.