Echelon Las Vegas $4.8 Billion Hotel On The Strip Stops Construction

Echelon Las VegasEchelon Las Vegas $4.8 Billion hotel on the Strip stops construction progress.  Today Boyd Gaming Corp. said the challenging credit markets and difficult economic conditions will delay construction until mid 2009.

Market and credit analysts were hoping the megaresorts expected to open in Las Vegas, Nevada during 2009 and hiring of employees could help raise home prices and sales of residential real estate in a year.  This resort will not help the local economy in the upcoming year.  There are only hopes the Echelon Place will continue.

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Echelon Las Vegas Mega Resort By Boyd Gaming Unveils Resort Details

Find the Perfect Hotel!Echelon Las Vegas Resort by Boyd Gaming this week unveiled its $4.8 billion 87 acres multiuse mega resort destination. Echelon will have five Las Vegas NV hotels that will be built on the imploded Stardust Las Vegas land.

The media hoopla ground breaking had several hundred guests, Boyd executives and joint venture partners, inside a tent on site, watched as a shattered sheet of dark glass concealed a 1,000 pound cornerstone on Echelon real estate.

The resort buildout is expected to take three years with a 2010 opening.

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Echelon Las Vegas Mega Resort $500 Million Retail Project JV With GGP

Listen to your Voicemail in Email with GotVoice Echelon Las Vegas retail project plans by General Growth Properties Inc. and Las Vegas Boyd Gaming Corp. The 300,000 square foot, $500 million, retail plans will be part of the $4 billion, Echelon real estate. The implosion of the Stardust Casino to make way for the Las Vegas mega resort several months ago. This partnership was announced at the ICSC annual spring meeting in Las Vegas, Nevada. The joint venture plans are for General Growth to contribute $100 million and Boyd to offer the real estate and above air rights for development.

Boyd Gaming has developed a fantastic international team and brand for the Echelon Resort. These operators include Shangri-La Hotels, the leading luxury hotel brand in Asia; Morgans Hotel Group, which is developing the Mondrian and Delano hotels in a joint venture with Boyd Gaming; and AEG Live, and entertainment producer.

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Stardust Las Vegas Ready For Implosion To Make Way For Echelon Place

UPDATE: Stardust IMPLOSION 2:30 am PST, 3/13/07 Las Vegas, NV

Stardust Las VegasStardust Las Vegas real estate set for mid March implosion to make way for the luxury resort Echelon Place Las Vegas. The Stardust hotel in Las Vegas, Nevada has had most of its windows and internal workings removed. Now you can see right through the property.

Hotel implosion is scheduled to take place in the middle of March sometime during the early morning. The Stardust was a 1,500-room casino, 48-year-old property located on the Las Vegas Strip. Boyd Gaming isn’t letting the public know the exact time for crowd control purposes.

Echelon Place Las Vegas real estate will be an 80-acre development. Echelon Place real estate total development expenditure is a $4-billion complex of casinos, hotels, shopping and entertainment venues that is scheduled to open in 2010. The Las Vegas resort plan includes four hotels with 5,300 rooms, a 140,000-sf casino, a shopping promenade, theaters, convention space and spas.

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