$4 billion Resorts World Las Vegas by the numbers

 
01/24/2020

[ Article was originally posted on https://blog.buildingconnected.com ]

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Resorts World Las Vegas
is the Las Vegas Strip’s first ground-up, major casino resort development in nearly a decade. Led by Genting Group (a Malaysian leisure and gaming company valued at $7.2 billion) and located on the former Echelon site, the multi-billion-dollar project represents the end of a long construction pause on the Strip following the 2008 recession.

Here, we break down this exciting megaproject by the numbers.

Resorts World Las Vegas was designed by Paul Steelman’s architectural firm, Steelman Partners. The property will authentically reflect Chinese culture, creating a unique international tourist destination. RWLV will eventually offer 7,000 hotel rooms, but plans for the first phase include 3,300 rooms, a movie theater, a 30,000-square-foot lake, and a convention center. Lush gardens, “a spectacle for the eye,” will lead to the Forbidden City Retail District. A “50,000-square-foot, 58-foot-tall aquarium for exotic fish” will be an added attraction.

Genting Group survived a legal blip earlier this year after rival property group Wynn resorts accused it of pirating its distinctive aesthetic for Resorts World Las Vegas. Genting eventually agreed to alter the design of its facade and has moved forward accordingly, but the overarching Chinese theme has been maintained.

The tallest of the three hotels will be 60 stories. The property — 800,000 square feet in total in its first phase — will be spread out over the north end of the Strip and sit diagonally across from Wynn’s Encore tower.

Genting Group acquired Echelon and announced plans for Resorts World Las Vegas in 2013. Ground was eventually broken in May 2015, and construction began in late 2017.

At that point, Genting Americas spokesman Michael Levoff told the Las Vegas Review-Journal that the Resorts World project’s planned opening was pushed back to 2020. Today, the job site is active, with thousands of workers helping drive the project toward its planned completion date.

As of January 2019, Resorts World said it had 1,500 construction workers employed at the location. Over the course of construction, it’s estimated Resorts World Las Vegas will create more than 30,000 direct and indirect jobs. Once in operation, the resort is predicted to sustain over 13,000 direct and indirect jobs.

175,000 square feet of entertainment space

The casino will be spread across several floors, with 3,500 slot machines and baccarat as a dominant table game. In the casino, guests will be able to enjoy multiple restaurants featuring a variety of authentic regional Chinese cuisines, plus numerous retail offerings and a “top-tier” nightlife venue.

According to Eater Las Vegas, “The main entertainment focus will be a 315,000-square-foot, 4,200-seat Dancing Dragon Performing Arts Center, built for martial arts displays, traditional dance and ‘everything in between.'” Plans also include an aquarium, panda exhibit, a 7.5-acre water park, and a Great Wall of China replica.

Despite a few setbacks, Resorts World Las Vegas remains on target for a soft opening late next year.

Though this will be the first megadevelopment on the Las Vegas Strip since the recession, it’s soon to be followed by many other high-profile builds, including The Drew and Circa Resort & Casino. We’re excited to see all of these incredible projects rise in the years to come!

SOURCE: https://blog.buildingconnected.com/4-billion-resorts-world-las-vegas-by-the-numbers/



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