Andrew
08-23-2005, 09:34 PM
Starwood to Build $1.7B Las Vegas Project (http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2005/08/23/financial/f135136D86.DTL&feed=rss.business) -- SFGate/AP, 2005-08-23
Starwood Hotels & Resorts Worldwide Inc. intends to expand dramatically in Las Vegas, bringing its hip and urban W brand to one of the most competitive and coveted markets in the leisure industry.
Starwood is joining with Edge Resorts, a group of private investors, in a $1.7 billion project that will involve a mix of approximately 3,000 hotel and residential units and a 75,000-square-foot casino, along with 300,000 square feet of meeting space and additional shops. It's slated to open 2008.
Starwood Hotels & Resorts Worldwide Inc. intends to expand dramatically in Las Vegas, bringing its hip and urban W brand to one of the most competitive and coveted markets in the leisure industry.
Starwood is joining with Edge Resorts, a group of private investors, in a $1.7 billion project that will involve a mix of approximately 3,000 hotel and residential units and a 75,000-square-foot casino, along with 300,000 square feet of meeting space and additional shops. It's slated to open 2008.