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Apr

07

Wynn Planning $1.6 Billion Lake Resort on the Las Vegas Strip

By Tony Seruga

CEO outlines $1.6 billion resort behind its two casinos
Boardwalk, fireworks to be key features of latest expansion

Wynn Resorts Ltd. is building a lake resort behind its two Las Vegas casinos, creating a place for water-skiing and paddle-boarding just off the desert city’s famous Strip.

The Las Vegas-based company will convert its Tom Fazio-designed Wynn Golf Club into the resort, which will feature a lake and a mile-long boardwalk, founder Steve Wynn said Wednesday in a presentation to investors in Las Vegas. The resort, which is tentatively called Paradise Park, will offer ice cream and a fireworks show every night.

“Just like Disney,” said Wynn, who’s still working on the details and plans to seek approval from his company’s board in September…

Wynn Planning $1.6 Billion Lake Resort on the Las Vegas Strip

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