Caesars Entertainment Corp. has raised the stakes in Las Vegas.
The company on Wednesday announced plans for The Linq, a $550 million retail, dining and entertainment project at the heart of the Strip. The highlight will be a giant Ferris-style observation wheel — The Las Vegas High Roller — which at 550 feet will be the tallest in the world.
Caesars Entertainment has tapped L.A. mall developer Caruso Affiliated (The Grove, Americana At Brand) to develop this massive entertainment, dining, hospitality, and retail district on the Las Vegas Strip.
|Rendering of Caesars "High Roller"|
“We expect it to be up and running in time for New Year’s 2012,” Bulloch told msnbc.com.
|Rendering of Skyvue Las Vegas|