Crown Las Vegas


Crown Las Vegas
Crown Las Vegas

An artist's impression of the Crown once completed
General information
Status Never built
Type Hotel, Casino, Conference, Retail, Observation
Location 2600 Las Vegas Boulevard South, Las Vegas, Nevada, United States
Estimated completion 2014
Height
Antenna spire 1,888 ft (575 m)[1] (original proposal)
1,064 feet (324 m)[2] (reduced height)
Technical details
Floor count 142
Design and construction
Owner LVTI LLC
Architect Skidmore, Owings, and Merrill
Developer Christopher Milam, IDM Properties

Crown Las Vegas, formerly known as the Las Vegas Tower, was a proposed supertall skyscraper that would have been built on the Las Vegas Strip in Winchester, Nevada, an unincorporated suburban community of Las Vegas. If built, the tower would have been 1,064 feet (324 m) tall, making it the tallest building in the Las Vegas metropolitan area and the 2nd-tallest structure in the Las Vegas Valley and in the state of Nevada, after the Stratosphere Tower. After two major redesigns, the project was officially canceled in March 2008.[3]

Crown Las Vegas, as originally planned, would have consisted of a casino, a hotel and an observation deck. The tower would have been built on Las Vegas Boulevard on the former site of the Wet 'n Wild Water Park. The building's architect is Skidmore, Owings, and Merrill. The cost of the project was estimated to be $5 billion, and its original completion date was set for 2014.[4]

Contents

History

Originally proposed as the "Las Vegas Tower", the name of the building changed when Publishing and Broadcasting Limited reached an agreement on May 31, 2007 with the tower's developers to invest money in the project and run its casino.[5] As part of the agreement, the project was renamed Crown Las Vegas.

Crown Las Vegas was originally proposed to rise 1,888 feet (575 m) by Christopher Milam, a building developer from Texas. According to KLAS-TV in Las Vegas,[6] the Federal Aviation Administration (FAA) was concerned with the proposed height, due to the tower's proximity to McCarran International Airport and Nellis Air Force Base. In November 2006, the FAA issued a "notice of presumed hazard" because the tower's location is 2.5 miles (4.0 km) north of McCarran Airport's runways.

The FAA had previously stated that anything over 700 feet (210 m) on the site chosen for the tower would constitute an air hazard. On October 24, 2007, the FAA denied the project, deeming that the tower was a "hazard to aviation". As a result of the decision, Clark County code prohibited its construction at the proposed height. There were plans to resubmit the project, with a new height of 1,150 feet (351 m).[7] However, on November 20, 2007, the FAA reached a final decision that no structure taller than 1,064 feet (324 m) would be approved in the site.[8] Developer Christopher Milam then resubmitted the project to the Clark County Planning Commission at the maximum height allowed by the FAA, and the tower was officially approved for construction on December 6, 2007 with a height of 1,064 feet (324 m).[2]

There had been some speculation that Milam may wish to submit plans for the construction of a second, twin tower to also rise 1,064 ft (324 m).[1] If constructed, the two Crown Las Vegas towers would then become the tallest twin towers in the Western Hemisphere. However, no official plans have been released.

In March 2008, Crown chairman James Packer announced the project was canceled and the site put up for sale. [3] Crown will continue its investment in the under-construction Fontainebleau Resort and Casino on the site next to the proposed Crown Las Vegas site.

Christopher Milan's 2 year option expired in June, 2008. Milam and his partners paid $67.1 million in nonrefundable deposits and fees to Archon between June 2006 and June 2008. In December 2008, developer Christopher Milam resubmitted another bid for the 27-acre (110,000 m2) site which has now risen to $618 million vs $475 million for the last agreement. The arrangement calls for him to submit a non-refundable $60 million. He has a little over two years to complete the purchase. [9]

See also

References

External links


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