Dream Hotel Group to Build New Las Vegas Hotel Casino
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The south edge of the Las Vegas Strip is set to get a new hotel.
Developers of Dream Las Vegas are scheduled to hold a ceremonial groundbreaking Friday for the 531-room casino-resort on Las Vegas Boulevard just south of Russell Road. The project, estimated to cost around $550 million, is slated to feature restaurants, nightlife, a third-level pool deck and meeting and event space.
It’s expected to open in late 2024.
Dream, which is being developed by Southern California firms Shopoff Realty Investments and Contour, would be much smaller than the megaresorts that line Las Vegas Boulevard. It would offer a boutique-style experience in an ultra-competitive market dominated by hotels that often have thousands of rooms, huge casino floors and a lengthy list of restaurants, clubs and other amenities.
Located next to Las Vegas’ airport, the project also previously faced such concerns as possible illegal drone flying, laser lights and even bombs hidden in garbage trucks, prompting a series of design changes.
Bill Smith, senior vice president of design and construction at Shopoff, told the Review-Journal that the resort will be the flagship property for operator Dream Hotel Group of New York City, which boasts Dream-branded locations in Manhattan, Miami Beach, Nashville, Hollywood and Bangkok and several more in the pipeline.
