W Hotel Lasvegas Casino oficially canceled

[*TT*]

Insiders have known this since late last year, now it its official. This kinda sucks.... it owuld have been the centerpiece of the Harmon Corridor redevelopment,
essentially stretching prime property off the strip to the east.

[ QUOTE ]
W Canceled
The big mixed-use casino and condo project, W, has been officially canceled. This is the third Harmon Avenue project to be scuttled in the past two years, following the cancelations of Las Ramblas and a build-out of the Hard Rock (though a second Hard Rock project has been announced by its new owners). The Edge Group, which was behind W, is said to be seeking a buyer for 47 acres of land it purchased for $5- to $10-million per acre, which could now draw as much as $12- to $20-million per, depending on how it's sold.

[/ QUOTE ]