Wynn Resorts buys former land of New Frontier on the Strip for future development
LAS VEGAS (KSNV) —
The Wynn Resorts reached an agreement to purchase 38 acres of land on the Las Vegas Strip directly across from Wynn Las Vegas.
The purchase includes the 34-acre site of the former New Frontier, formerly the Alon Resort site, as well as 4 additional acres connected to the site for a total of $336 million dollars.
The agreement completes a unique assembly of contiguous real-estate of approximately 280 acres that spans from the Las Vegas Convention Center on Paradise Road from the east to Industrial Road on the west.
The future development of the land will further change tourist visitation patterns in Las Vegas drawing more visitors to the north end of Las Vegas Blvd and its collection of luxury resorts, including the existing Wynn Las Vegas and the Paradise Park development.
Construction is set to begin in January 2018 on the site of the former Wynn Golf Course.