Las Vegas

Eurasia Resorts Seeks Return to Super-Sized Development

By Alex Girda, Associate Editor

In recent years, the tendency to turn away from the mega-resorts of the Las Vegas Strip toward projects of more modest proportions has seemed to mark a new direction. Yet the interest in developing projects on a monumental scale has hardly vanished. Case in point: the recent announcement by Eurasia Resorts International Ltd. for what it touts as a world-class entertainment initiative.

The company’s proposal would provide at least one element that Las Vegas has been seeking for some time, namely an international sports facility. Also part of Eurasia Resorts’ plan is a 15-million square-foot mall that would become the world’s largest retail center. \

Six hotels, 39 casinos and an additional six million convention center would rise, as well. Adding to the city’s inventory of exhibition and meeting space has come onto the radar this year with the announcement of plans for a makeover and expansion of the Las Vegas Convention Center.

Eurasia Resorts International and its partner, Global Financial Trust Ltd., say they will unveil details of their massive proposal during the first quarter of 2014.

Top Stories From Around The Web

Joe Downtown: Muralist Completes Touchup On Shuttered Western Hotel
For a building that will be near the center of a 15-block festival of life’s beauty, the Western Hotel, something of an eyesore even when it was operational, seems somewhat out of place. …
The Las Vegas Sun - June 18
Commissioners To Discuss Plans For New Strip Casinos This Week
Clark County commissioners will weigh in on a pair of hot topics – University Medical Center and officer-involved shootings – at their regular meeting at 9:15 a.m. Tuesday at the Clark County Gove…
The Las Vegas Sun - June 18
Foreclosures Pick Up; Nevada Ranked No. 2 In Activity
Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others,…
The Las Vegas Review-Journal - June 18
Rolling In The Green: Valley Landscaping Business Perks Up
With the housing market slowly recovering, some family-owned landscaping companies are seeing a boost in business as homeowners look to give their abodes a makeover.
The Las Vegas Review-Journal - June 18
Company Dumps Big Laughlin Solar Project, Says Market Won’t Support It
A Chinese-backed company is pulling the plug on a multibillion-dollar solar project near Laughlin after it was unable to find customers for the power that would have been generated there, a Clark Coun…
The Las Vegas Sun - June 18
Developer Attains ‘a Real Little Gem’ In ManhattanWest, Now The Gramercy
The mothballed ManhattanWest project, a visible scar of Las Vegas’ building bust, has been sold for pennies on the dollar and is earmarked for completion.
VegasINC.com - June 18
Bumped From The Top Spot: Florida Trumps Nevada In Foreclosures
After a few months on top, Nevada no longer has the nation’s highest foreclosure rate.
VegasINC.com - June 18
Henderson Couple Charged With Bank Fraud In Short Sale
A Henderson couple could face up to 30 years in prison and a $1 million fine if convicted of bank fraud allegations in the short sale of their home. …
The Las Vegas Sun - June 18
Flirting With Short-sale Fraud In Nevada Could Soon Be Less Risky
When your house plunges in value and you can’t afford the mortgage, it can be tempting to short sell to friends or relatives and just rent from them.
VegasINC.com - June 18
Median Price Of Previously Owned Homes Is Up 33 Percent From 2012
Home prices kept climbing in Las Vegas last month but remained well below the prices of the hyper-inflated boom years.
VegasINC.com - June 11