The Tropicana Hotel on the Las Vegas Strip may be set for demolition. After Bally’s Corp. bought the property, the casino moguls plan to tear it down and rebuild the site. In the meantime, another venerable Las Vegas Strip icon may be staying put. The Mirage has been sold to Hard Rock International, and that company plans to demolish the Tropicana and build a new Guitar Hotel on the 80-acre site.
One of the Las Vegas Strip’s most famous buildings, the Welcome to Fabulous Las Vegas sign, may be set for demolition. Owners of the iconic hotel plan to rebrand it as a casino, and rename its towers Horseshoe Las Vegas. The name comes from the downtown gambling hall, where the World Series of Poker was once held. The rebranding will also include the Bally’s Casino, which opened in 1959.
The Stardust has been set for demolition for several years, and the current owners may be rebranding it. The hotel’s sign will be removed and replaced by the Welcome to Fabulous Las Vegas sign. The new name will be derived from the name of a casino downtown, where the World Series of Poker was held in 2007. As of October 2017, the Stratosphere’s skypod was a popular attraction.
What’s Happening at the Mirage Site on the Las Vegas Strip?
The news of the sale of the Mirage came around the same time that MGM Resorts announced plans to sell the property. Hard Rock International has already announced that it will purchase the site for $1.075 billion and turn it into a guitar-shaped hotel. MGM will retain the brand and name of The Casino, but the casino will be operated by the Seminole Tribe.
The Mirage, which sits on 77 acres, is set to close. MGM Growth Properties has agreed to sell the property to VICI Properties for $17.2 billion. The deal is expected to close within a year, and Paul Salem, MGM Resorts’ chairman and chief financial officer, has expressed his support for the deal. It is expected that MGM Growth will reach a new lease agreement with Hard Rock International, a new venture that will take over the casino’s 3,500 employees.
The Mirage site will not be open for business until 2023. After rebranding, it is expected to be closed again. MGM Resorts International has decided to sell the site to Hard Rock International. The casino will remain open and operate under the Hard Rock name for three years. MGM Resorts will continue to operate the Tropicana and will continue to develop the remaining 80 acres of the site into a hotel and casino.
Which Las Vegas Icon Is Being Demolished?
The Stardust is being demolished and will be replaced by a new tower and is expected to be rebranded. In the meantime, the Tropicana will be demolished and the Mirage sold to Hard Rock International. The latter plans to rebrand the hotel as the Guitar Hotel, but it is unclear whether the dolphin habitat or Secret Garden will remain. A public inquiry will be held soon to determine which of the two iconic Las Vegas hotels will remain standing.
While the construction process continues, there are several landmarks that will remain. The Mirage Hotel & Casino is the latest landmark to be demolished. A hard rock group has purchased the property and plans to rebrand the resort. The company plans to demolish the iconic volcano and replace it with a guitar-shaped hotel. The company is also licensing the name of the Mirage to Hard Rock for several years.
The Stardust is currently under demolition. A new tower, called Echelon Place, is planned to replace the iconic hotel. Boyd Gaming announced the demolition of the hotel in January 2006. The Stardust closed on November 1, 2006. The towers were demolished on March 13, 2007. The roadside sign of the casino was donated to the Neon Museum after the project was stopped in 2008. The developer, Genting Group, bought the project in 2013 and is slated to open Resorts World Las Vegas in 2021.