Connected Realty Group

Web id#:254824

Specific Location: Las Vegas Navada
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Posting Headline:

$5.8 billion Huge Las Vegas Casino 5000 rooms hotel sport entertainment center.


Posting Description:

· North Las Vegas Mega Development of hotel Casino 5000 rooms Sports Resort.

· The Project contemplates building 17.5 million square feet, of which 12.5 million square feet represents an area dedicated to sports and entertainment (and associated support facilities) at a total projected cost of $5.8 billion. As presently designed, the Project will have ten (10) sports venues; 150,000 sq. ft. of casino; a world-class hotel with 5,152 total rooms in four identical hotel towers; 500 luxury condominiums; a sports product exhibition mall; a sports retail area; food to satisfy every palate and budget; Halls of Fame; sports memorabilia; 1.0 million sq. ft. of usable convention space; sports activities; the night-life of the Ultimate Party Boulevard; and an entertainment theatre. As a result, the Company anticipates the “capture rate” for a guest of the Project to be between six to ten hours, as compared to less than two hours for the conventional Las Vegas “Strip” resort.

· Further, the Project will be able to host more than one-thousand (1,000) annual sporting events due to its ten (10) Sports Venues. The Company has established solid relationships with the United States Olympic Committee, twenty-seven (27) United States National Governing Sports Bodies and a substantial number of the more than seven hundred (700), national sports associations, federations and conferences who have said “build it, and we will come.”

· The Company believes that this Project may be the most exciting 21st century innovation in the Las Vegas gaming and entertainment market. In the first year of operations, the Project is forecasted to generate gross revenues and EBITDA of approximately $1.6 billion and $677 million, respectively. The Company has developed a detailed set of conservative financial projections that will support these assumptions and prove that these financial results are, in fact, achievable.
Large scale investors only.
if interested in the project after our due diligence about you,and a signature of NDNC ,we wil release info.
thank you.
ilan benshoshan


Agents
Ilan Benshosan
Fax:212 213 5503
Mobile:917 957 6174

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Listing details
Web id#: 254824
Price $58
Size: 116 acares
All information furnished is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and is submitted subject to errors, omissions, changes of price or other conditions, prior sales, or withdrawal without notice.
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