Dream Las Vegas Announces Start of Construction Following Groundbreaking Ceremony in Las Vegas, NV

developped by Shopoff Real Estate Investments and Outlinein partnership with Dream hotel group, Dream Las Vegas will be a driving force in the ongoing revitalization and rejuvenation of the south end of the Las Vegas Strip. The 531-room lifestyle hotel and casino combines global architecture firm DLR Group with interior design from AvroKo, Rockwell Group and DLR Interiors, and is set to open with seven dining and living areas experiential nightlife, 12,000 square feet of meeting and event space, and a 20,000 square foot casino, by the end of 2024.

The groundbreaking ceremony for this exciting $550 million development took place today, Friday, July 8, at 10:00 a.m., and featured Nevada Governor Steve Sisolak, Clark County Board of Commissioners Chairman James B Gibson and Lieutenant Governor Lisa Cano Burkhead as speakers. , along with developers William Shopoff and David Daneshforooz, Dream Hotel Group CEO Jay Stein and COO Michael Lindenbaum, and McCarthy Building Companies Senior Vice President Ross Edwards.

With increasing numbers of visitors and more corporate relocations in recent history, Las Vegas is experiencing unprecedented growth and record wealth creation. The new Dream Las Vegas Hotel and Casino is expected to generate significant tax revenue and create 4,000 new direct and indirect construction jobs, while providing growing residential and commercial communities with a new reason to visit Las Vegas.

Scheduled to open in late 2024, Dream Las Vegas offers 531 beautifully appointed guest rooms and suites, and seven original dining and nightlife options, including a pool and day club on the third level, two bar and lounge concepts on the gaming floor, lobby bar, artisan coffee shop, and gelateria on the ground floor, plus a sports club, boutique nightclub, exclusive restaurant, and 24-hour restaurant on the third floor stage. The lifestyle hotel will also offer 12,000 square feet of meeting and event space, including a 5,000 square foot ballroom and 90-seat live entertainment theater, casino and hall. 20,000 square foot playground, a fitness center by TechnoGym and over-parking on site. Casino and gaming operations will be led by Peninsula Pacific Entertainment (P2E). Located along emerging South Las Vegas Blvd., the hotel’s presence will support the local community and the 32 million tourists who visit Las Vegas each year, adding another facet to the south end of the Strip.

McCarthy Building Companies is the design-build contractor for the project. Senior Vice President Ross Edwards said, “We are proud to be part of this exciting design-build hotel and casino project on the Las Vegas Strip. This project will reflect the talent of approximately 1,200 construction professionals who will work on site to bring the I can assure you that our industry is filled with excitement to help build a new landmark in Las Vegas and will do so in a safe, welcoming, inclusive and empowering work environment. to all.”

The 20-story luxury hotel tower will feature a diverse mix of dramatic venues spread vertically across the rooftops and terraces composing the hotel’s design. The undulating contemporary design will feature a glass and lustrous metal facade, with stylistic details such as rounded corners, spacious double-height terraces, oversized windows and a unique aerodynamic character influenced by its context. When complete, Dream Las Vegas and its distinctly iconic architecture will introduce a refreshing new lifestyle-focused hotel experience and a welcome, innovative addition to the Las Vegas skyline.

Located at 5051 S. Las Vegas Blvd., across from Mandalay Bay Resort and Bali Hai Golf Club, Dream Las Vegas will be one of the first hotel properties seen from the iconic Welcome to Las Vegas sign. Adjacent to the private aviation terminal at Harry Reid International Airport, two blocks from the new Allegiant Stadium (home of the NFL Las Vegas Raiders) and near the T-Mobile Arena (home of the NHL Vegas Golden Knights and countless entertainment events, including the Country Music Awards, Billboard Music Awards, iHeartRadio Music Festival and Strait to Vegas, a concert residency of country music star George Strait), Dream Las Vegas is well-placed to capitalize on the southward expansion of new Las Vegas developments, as well as the many hotels and casinos along the Las Vegas Strip.

With 15 hotels open today and 25 new sites in various stages of development around the world, Dream Hotel Group remains one of the fastest growing independent hotel companies in the world. The grand opening of Dream Las Vegas marks another exciting milestone in the continued growth and evolution of the company and its portfolio of lifestyle brands.

Hotel website

Dream hotel and casino in Las Vegas
5051 S Las Vegas Boulevard
Las Vegas, Nevada 89119
United States

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