Upcoming Las Vegas Strip hotel and casino Dream Las Vegas saw its groundbreaking last Friday in a ceremony attended by representatives for developers Shopoff Realty Investments and Contour, which have partnered with Dream Hotel Group, and state officials including Nevada Gov. Steve Sisolak.
The project has been described by its developers as a potential driving force in "the ongoing revitalization and rejuvenation of the south end of Las Vegas Strip." The property will feature a 531-room lifestyle hotel and casino, with seven experiential dining and nightlife venues, 12,000 square feet of meeting and event space and 20,000 square feet of gaming space. The opening date is scheduled for late 2024.
Congratulations to @dreamhotelgroup on groundbreaking for the Dream Las #Vegas!— Clark County Nevada (@ClarkCountyNV) July 9, 2022
The 20 story resort will be located at the south end of the Strip in @CommishJGibson's district. It's set to open in late 2024.
📷 @reviewjournal, Dream Hotel Group#ClarkCounty #Jobs #Development pic.twitter.com/AvPAfmC9zE
Clark County Board of Commissioners Chairman James B. Gibson and Lieutenant Governor Lisa Cano Burkhead were among attendees at the ceremony. They were joined by Developers William Shopoff and David Daneshforooz, Dream Hotel Group CEO Jay Stein and COO Michael Lindenbaum, and McCarthy Building Companies’ Senior Vice President Ross Edwards.
Governor Steve Sisolak spoke during the ceremony and said: "The Dream Las Vegas development is a great investment in our local economy – to boost tourism and create thousands of new jobs. I'm excited to see the resort come to life in 2024, offering even more first-class amenities and service, and extending our State's long history as a leader in hospitality and tourism."
Governor Steve Sisolak speaking at the ceremony
Clark County Commissioner Jim Gibson added: "The great thing about this development is that it helps us finish off an important part of the Boulevard that all of us have seen undeveloped for so many years. This is a reset on the development of Las Vegas Boulevard to finish the work that needs to be done, and Dream is the leader of that reset. The result is something we're all going to be proud of."
The venue will also feature a third-level resort pool and a day club, two bar and lounge concepts on the gaming floor, a lobby bar, craft coffee cafe and gelateria on the street level, as well as a sporting club, boutique nightclub, signature restaurant and a 24-hour diner on the third floor.
"This project represents a new type of Vegas hotel experience, offering tourists and locals alike a unique boutique hotel option on the Las Vegas Strip. We are thrilled to break ground on Dream Las Vegas and watch as it energizes the southern end of the Strip, while providing countless jobs and revenue for local government," explained Shopoff Realty Investments' President and CEO William Shopoff.
This past Friday, I was honored to be a part of the groundbreaking ceremony for Dream LV. The resort will be 20 stories high, and it is set to open late 2024. Congratulations to @dreamhotelgroup on this exciting project. pic.twitter.com/ChKqCxu97S— Commissioner Jim Gibson (@CommishJGibson) July 11, 2022
Dream Hotel Group CEO Jay Stein added: "All of us at Dream are proud to play a role in creating what will be one of the most spectacular new additions to Las Vegas. It is our goal to create an experience-driven property that surpasses expectations, blending forward-thinking design, progressive programming and world-class hospitality with unmatched dining and nightlife."
According to Stein, Dream Hotel Group and its partners are "not just building another hotel," but instead developing an experience, "and one that we hope will contribute substantially to the future of Las Vegas." The upcoming property builds upon the opening of Dream Hollywood, California in 2017, and is expected to become "a critical addition to [the company's] growing portfolio."
Rendering for Dream Las Vegas
Steve Hill, CEO/President of the Las Vegas Convention and Visitors Authority stated: "We are excited Dream Las Vegas will soon join the spectacular Vegas skyline. We greatly appreciate the investment and vision by Shopoff Realty Investments, Contour and Dream Hotel Group to bring a new hotel, casino and 'Only Vegas' entertainment experience to our millions of visitors."
Rendering for Dream Las Vegas
The venue is expected to create 4,000 new direct and indirect construction jobs, while also offering the growing residential and business communities a new resort to visit Las Vegas. Casino and gaming operations will be led by Peninsula Pacific Entertainment (P2E).
With rising visitor numbers and more business relocations in recent history, Las Vegas is experiencing unparalleled growth and record wealth creation. Situated along emerging South Las Vegas Blvd., the hotel's presence is expected to support the local community and the 32 million tourists that visit Las Vegas each year, adding another facet to the south end of the Strip.
McCarthy Building Companies is the design-builder contractor for the project. Senior Vice President Ross Edwards said: "This project will reflect the talent of approximately 1,200 construction professionals who will be working onsite to bring the Dream Las Vegas brand to life. I can assure you our industry is filled with enthusiasm around the opportunity to help build a new Las Vegas."
The 20-story luxury hotel tower will feature a diverse mix of venues distributed vertically throughout the composition of roof decks and terraces of the hotel design. Its contemporary design will feature a glass and metal façade, with details such as radiused corners, spacious double-height terraces, oversized windows and an aerodynamic character influenced by its context.