In business brought to you by G Bank, your
best banking experience ever. A decade after imploding the
Clarion Hotel near the strip, a developer is still
pursuing plans for a luxury resort in its place.
Lorenzo Duani set out to build the majestic Hotel years
ago, but he said his prior approvals expired.
Now he aims to break ground in. March on
the two-story retail plaza with plans to open in 2027
and then start construction on a 6004-room hotel. Review
Journal business reporter Eli Siegel tells us how the new
plans differ from the resort's original vision. The developer
Lorenzo Domani has scrapped, including the inclusion of 35
corporate. Suites. Originally he intended to sell these
suits uh inside the tower, you know, to
businesses and convention uh companies and that sort of thing
. But amid a sharp rise in construction costs,
he has completely gotten rid of those. And now
this is really just strictly a a hotel tower.
Duani's family built the longone La Concha and El Morocco
motels on the Strip.