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Sahara (RIP)

Discussion in 'LV Strip Hotels & Casinos' started by Annie Vegas, Nov 8, 2012.

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  1. Annie Vegas

    Annie Vegas Low-Roller

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    Any news on what's happening with the Sahara? I was curious as to whether they are going to implode it (sniff sniff) or reopen it.
     
  2. saeldway

    saeldway Low-Roller

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    SLS Las Vegas
     
  3. leo21

    leo21 VIP Whale

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    If it reopens, it won't be the Sahara. But the odds on them pulling of the financing wasn't great to start with. I am kinda sure they are coming up on a deadline on securing the credit soon.
     
  4. saeldway

    saeldway Low-Roller

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    Actually, the financing is already in place. Sam Nazarian (Sp?) was able to secure all 300 Mil, I believe most of it came from EB-5 financing. So, if it is EB-5 , the project is moving forward or Sammy is going to jail. Its becoming SLS Las Vegas, think Cosmo, but with less down the strip. I don't see how it works over there, but best of luck to him.
     
  5. DReynolds86

    DReynolds86 Come On, You Blues!

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    Best of luck getting people to go that far down the Strip.
     
  6. UTE

    UTE Plastics

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    There are big plans for the corners of that intersection at Sahara Ave and LV Blvd. I'm surprised they're not making the news - probably because the developers are holding the cards close to the vest for now.

    There will be a new "boutique" casino/hotel within a stone's throw of SLS as well as a new Wag's.

    Bill
     
  7. sammasseur

    sammasseur VIP Whale

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    Didn't the former Mrs. Trump claim that a few years before the recession hit? Didn't happen then, ain't happening now.
     
  8. Jimbo338

    Jimbo338 VIP Whale

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    It'll be the greatest thing since the Downtown Grand!

    Jimbo338
     
  9. Annie Vegas

    Annie Vegas Low-Roller

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    Did I miss something? What’s the Downtown Grand?
     
  10. Jimbo338

    Jimbo338 VIP Whale

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    Annie, the Downtown Grand is the new name for the Lady Luck.

    Jimbo338
     
  11. UTE

    UTE Plastics

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    Well, gee, don't I feel silly...

    What hasn't made the papers, or these boards, is what's about to happen with that NE corner. Go take a look - notice anything different lately about it? An official announcement has not been made - yet.

    The other project I mentioned is not being secretive, but you'd have to be attending or closely monitoring the planning commission to know specifics (as VegasChatter followers know). The project was permitted eight months ago and financing was nailed down last month.

    Here's what's going on. The press continues to focus on the big story about Nazarian and SLS. What's getting missed is others are working parallel to Nazarian. They're not hiding, it's just no one seems to be paying much attention because Nazarian has the spotlight. People keep saying he's a fool to put SLS there in that location when there's nothing around it. Well, see, that's just it - other projects will be there along with SLS. Nazarian is no fool.

    Bill
     
  12. dmr

    dmr Registered Abuser

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    I was told some time ago (years) that Ivana let her options expire on that property.
     
  13. bdjb61232

    bdjb61232 Tourist

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    I did notice when i was in vegas a few months back and we took a ride on the monorail up to the sahara station that alot of windows in the back tower facing the monorail were open and could see people inside some of the rooms, maybe starting to tear up some of the rooms to remodel?
     
  14. MikeOPensacola

    MikeOPensacola VIP Whale

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    I really thought that Wynn and Encore would spruce up that end of the strip. I guess the delay/cancellation of Echelon didn't help matters though. Hopefully Boyd will get something going at the old Stardust site. I'd hate to se Sahara go the way of so many other strip icons but I think it is inevitable.
     
    Annual Summer Bliss in the Land of Milk and Honey!!!
  15. DReynolds86

    DReynolds86 Come On, You Blues!

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    The problem is that no one walks past the Wynn & Encore. I have no desire to walk past two beautiful properties with the best-looking cocktail waitresses in town, only to end up at Circus-Circus or Stratosphere .
     
  16. Gomar

    Gomar Low-Roller

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    Why not? People do go all the way to Fremont as well, and to Trop&Luxor.
     
  17. DReynolds86

    DReynolds86 Come On, You Blues!

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    Would you walk past a Ferrari to sit in a Yugo?
     
  18. socalgirl

    socalgirl Newbie

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    Agreed.

    I stayed at Sahara in 2003 I think.. my 2nd time in Vegas, was old and dingy but hey its a huge part of Vegas history! My room had a pretty view but was so high up that Id get "heady" when going out on the balcony :faint:
     
  19. waverunner

    waverunner BBHMM

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    I agree. Just got back from Vegas and the furthest North i would go is Fashion Show Mall to eat, then proceed across the street to Wynn then head south. To me, Las Vegas is WYNN all the way south yo Mandalay Bay.
     
  20. UTE

    UTE Plastics

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    FNBN (Aspen, LLC) owns it. This is the new FNBN formed in 2010.

    Bill
     
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