"Last Great" Las Vegas Strip Piece of Land Sells (Here's What's Coming)
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The Las Vegas Strip is a 4.2 square miles of entertainment options. Caesars Entertainment CZR and MGM operate more than a dozen Strip properties. The area is also home to an NHL/NBA-quality arena, concert venues, virtual reality experiences, and a gigantic ferris wheel. Any open land on the Las Las Strip garners huge interest. The Oakland Athletics, NBA teams looking to move to Las. Vegas, or other operators want to stake their claim on Las Nevada Boulevard.
The Siegel Group bought 10 acres of land on the North Las Vegas Strip. The company operates a deli and retail shopping centers in Sin City and around the country. Stephen Sigel called the property the last piece of available land. The North Strip is home to a top-tier resort in Resorts World Las Las Vegans and will add the long-in-development Fontainebleau later this year.
Siegel Group bought a piece of land on the Las Vegas Strip. He is considering hotel/casino concepts for the site. Caesars and MGM are interested in the property. Siegel's company is also in competition with Resorts World and Fontainebleau.
