Want to walk on the moon, well a replica of it? You soon will be able to, in Vegas for $500. Vegas latest resort addition will be a giant size moon replica hosting an outer space theme. The 5.5 million-square-foot structure will be 735 feet tall and 650 feet wide. The “moon” will sit on a three-floor platform. The pricing per night will be competitive with other comparable hotels but actually to take in the outer space experience that’s going to run you $500. The resort will host an Outer Space themed night club, a moon ride, a theater, a 500 Square Foot Convention, 193,000-square-feet of lagoons and other aquatic components, amongst other amenities.
The budget is $5 billion and is projected to bring in $1.8 billion a year with about $500 million yearly profit (EBITDA). It will employ about 6,500 once operational, according to the press release. The massive resort is currently under construction and slated to be completed 2027
Remember I told you Las Vegas was building a big @$$ ferris wheel. I ain’t lie, check out the progress on The Linq and High Roller. The Linq is Development between the Quad Hotel and The Flamingo Hotel set to take on the shape of The Grove in West LA. Featured to be the biggest observational wheel in the world at 550 feet, The High Roller will cost $550 million (a million per foot lol) and easily become the home to an exciting, new attraction for all ages. At 550 feet, the High Roller will serve as a focal point of the $550 million open-air retail dining and entertainment district, which sits on the half-acre of land between The Flamingo and The Quad. The Linq is slated to open in part by December 2013 with a grand opening in February 2014. This along with Las Vegas new Super Arena Coming will make a great addition to Sin City.
I’ve heard of this event over the last couple years, and been making it a point to attend, one of these years, well next year might be the year. BlackNLA, host of the weekend, are offering a contest for a chance a you to and four friends to take the trip Para Gratis (for free)! Register here to win a chance to attend the 7th Annual Mammoth Black Out Weekend out in Mammoth Mountain. Featured as the West Coasts Premier Urban Ski/Snowboard Weekend, 600 urban professionals from across the country come together to enjoy an awesome time in the snow. The weekend consist of skiing, snowboarding, networking, snowmobiles, tubing, networking, and lots of shopping.
Randomly came across this information this morning, The city of New York constructed a memorial to the African Burial Ground in Foley Square. Set at the center of a fountain, and rising nearly 50 feet into the air, this black granite abstract monument is derived from the antelope forms of Bambaran art. The horizontal boat-like feature that supports the sculpture alludes to the “Middle Passage” of the slave trade. The monument is built near the site of a Colonial-era African-American burial ground. Random but if your ever in New York take a gander.
Wilshire Grand Hotel is almost completely down, and in its place the new tallest tower west of the Mississppi will be erected. Korean Air is building a 73-story tower, coming out to a total 1,100 feet tall, surpassing the US Bank Tower by a couple of feet. This should should be complete March 2017.
A Westchester community group seems a little tee’d off that LAX is planning to build a new runway closer to homes and businesses in the area. The group has began seeking mediation with the city of Los Angeles. Council voted 10-3 to move forward on the proposal to demolish the North Runway at LAX and rebuild it 260 feet further north despite intense opposition from residents.The one-page letter addressed to the city clerk comes two days after the Los Angeles City Council approved, on a vote of 10-3, a proposal to move the airport’s northernmost runway 260 feet closer to Westchester homes and businesses. Airport officials say the change is vital to improve safety and increase operation efficiency. The city has five business days to respond to the request for mediation. If it chooses not to accept it, the alliance will have about 30 calendar days to file a lawsuit, according to Douglas Carstens, an attorney for the alliance.
This is all part of a $4.76 billion project is intended to upgrade the airport’s layout to accommodate larger aircraft like the Airbus A380, but Westchester and Playa del Rey community groups have claimed the project would increase traffic congestion and air pollution.
Fancy dining and shopping coming soon to the Tom Bradley International Terminal at LAX. As part of $1.5 Billion redevelopment project and partnership between Westfield Shopping, Los Angeles World Airports, and the office of the Mayor, Tom Bradley International Terminal is being transformed into the ultimate shopping and dinning destination. What I am now dubbing the TBIMall, is to host such premier retailers as Gucci, Hermes, Fred Segal, Kitson, and Burberry just to name a few. Within the project, 25,000 square feet is being allocated to fine dining. Westfield and its tenant partners are investing $80 million to develop the new dining and retail program and its looking like the TBITerminal will be completely done with its transformation in 2014.
AEG Whats Up? After much much talk about bringing a (I’m Sorry), two (2) NFL Team to Los Angeles, your up for sale? Whats the Deal? AEG, owner of the Staple Center, LA Live and several of LA’s sports teams and who seemed to be working very diligently on bringing several NFL football teams to the Southland is now randomly selling their entertainment portion of the company. Is this out of failure on not being able to accomplish your set out goal or this some type of ploy in order to sale to an actual football team owner. It really seemed like the City of Los Angeles was working with you guys to make the project move along. We want some answers because you guys vowed to make to Los Angeles the Official Entertainment Capitol of the World, now your dropping out. Not a cool move man, not a cool move.
Last Wednesday California received federal permission to begin construction on the first segment ofAmericas First High Speed Rail, from Fresno to Merced.The White House also is suppose to be expediting permits for rest of the route through Central Valley which ultimately connect San Francisco, Sacramento, Los Angeles, Orange County, and San Diego along one long high speed rail line. “As part of the “We Can’t Wait” program created by presidential order in March, President Obama will announce the speedup of the permit and review process for the 114-mile Madera-to-Bakersfield segment of the high-speed rail system,” printed by SFGate. The High Speed Rail Authority has plans to begin construction on the first segment of the SanFran to LA route nest year. The approval given by the White House to allows us to start constructions allow to buy property for the railroad and to actually begin construction, so this is actually happening.
With the NFL Comissioner loving the idea of two (2) NFL Teams in LA and AEG nearing the end of the process to bring Farmers Field to life, officially making Los Angeles “The Entertainment Capital Of The World,” the NFL in LA should be up and running in no time. A release of the Draft Environmental Impact Report (EIR) was given in April, and AEG has spent the last few months working with Los Angeles government officials, community and environmental organizations, businesses, and residents to maximize the benefits of our project. AEG CEO Tim’s Leiweke has this message on how far we’ve come and what is left to do.