MGM Resorts Announces Plans To Renovate Two Las Vegas Strip Casinos
Casino Developer To Transform Area On Las Vegas Strip
MGM Resorts International, one of the most powerful and largest casino developers in the world, announced Thursday that it will be doing a massive renovation to one section of the iconic Las Vegas Strip.
According to a press release, plans include new Strip-side experiences at New York-New York and Monte Carlo resorts. There will be a public park leading to a new state-of-the-art 20,000-seat arena.
MGM also announced details about the team who will bring the project to reality. AEG, a renowned sports, entertainment and facilities firm, will be working with MGM.
Construction is expected to begin on the outdoor project, which will feature casual bars, eateries and retail destinations, within the coming weeks, as completion is slated right now for early 2014.
Jim Murren, Chairman and CEO of MGM Resorts International, said in a statement: “All great cities offer vibrant pedestrian experiences, and Las Vegas is certainly no exception, as The Strip is one of the world’s greatest boulevards. Our vision is to extend the excitement we traditionally create within our world-class resorts outside onto The Strip, and ultimately in an entertainment district leading to our new arena. To bring that vision to fruition, we have assembled a team recognized around the world for creating special venues and places.”
Anchoring the new experience will be Hershey’s Chocolate World flagship store.
Additional partners and details surrounding both properties and the park will be announced in the coming months.
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