
THREE VEGAS MEGAPROJECTS THAT REMAIN UNFINISHED
The recession of 2007-09 froze construction on around 20 partially built
Las Vegas Strip structures, leaving them as hard-to-miss monuments to hard
times. So it’s a testament to the city’s resurgence and resilience that only a
handful of these expensive eyesores remain (the rest have been completed or
demolished or are in the process of demolition). FONTAINEBLEAU Sprouting from
the site of the old El Rancho and Algiers hotels, the $2.9 billion
Fontainebleau Las Vegas is set to become Sin City’s last lost resort (until the
next economic downturn, at least). But it’s a whopper: The 68-story 3,889-room hotel
condo-casino development is the tallest habitable building in Nevada.
Construction began in 2007, but Fontainebleau Las Vegas LLC filed for
bankruptcy protection in 2009, and the following year a new owner auctioned off
the three-quarters-complete building’s furnishings. Although its lights are
technically still on (power is maintained for fire suppression and elevators),
Fontainebleau’s future is murky.
ECHELON PLACE It was envisioned as a multi-hotel, casino, shopping and
convention complex covering 87 acres (including the footprint of the imploded
Stardust Resort and Casino), but construction of Echelon Place was suspended in
2008. Its lengthy spell in ghostly limbo, during which Echelon was “enjoyed”
only by security patrols, officially ended in May when dancers and dignitaries
graced the groundbreaking for a $4 billion Resorts World Las Vegas project,
which will replace it. This Malaysian-owned, Chinese-themed mega-resort isn’t
due to open until mid-2018, so echoes of the overly ambitious Echelon — and the
financial crisis that claimed it — will linger for a good while yet.
SKYVUE When work started on SkyVue Las Vegas Super Wheel in 2011, it was
intended as a giant 40-gondola observation wheel similar to the High Roller,
which has since opened at the Strip’s Linq Hotel & Casino. It was variously
announced as being scheduled to debut by New Year’s Eve 2012, on the following
July 4, and then just in time to welcome 2014. Yet SkyVue remains just a sad
view: two huge concrete columns looming over the south end of the Strip.
Construction ceased in 2013 (scaffolding was removed last year for safety
reasons) and, with High Roller now well established, further investment appears
unlikely.
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