$80M Las Vegas Strip Purchase Adds to Resort Corridor Revival

By Larry Henry | Originally published in casino.org | May 2, 2021

A Las Vegas developer who entered an agreement to buy two acres of land on the Las Vegas Strip plans to add restaurants and retail shops at the location. This adds another project proposed for the resort corridor.

The CityCenter complex rises above the west side of the Las Vegas Strip. A multilevel retail and restaurant building is slated to be constructed at the site. (Image: New York Times)

Brett Torino and executives at New York City-based Flag Luxury Group are buying two acres at CityCenter for about $80 million from MGM Resorts International, according to the Las Vegas Review-Journal. The plan is to build a complex with retail and restaurants at the site.

The small parcel is near the The Shops at Crystals mall at the southwest corner of the Strip and Harmon Avenue. Among the luxury shops in the mall are Dior, Cartier, and Gucci.

This location is just south of the Cosmopolitan of Las Vegas.

In 2012, Torino and Flag Luxury opened a retail project on the opposite side of the Strip, according to the newspaper. Called Hawaiian Marketplace, this development includes a Walgreens, a daiquiri bar, a tattoo shop, and more. 

Pizza and Sports Betting

The new project is scheduled to be built at the former site of the Harmon hotel tower. This structurally flawed development later was dismantled, the newspaper reported.

Decades ago, before the area was known for luxury shops, the Tower of Pizza stood in this general vicinity. The Italian restaurant and bar was popular in the 1960s and ’70s among Las Vegas locals, celebrities, and underworld figures. 

Former Tower of Pizza employee Scott Schettler, a longtime Las Vegas oddsmaker and author of the book We Were Wiseguys and Didn’t Know It, said customers could order food over the phone while also placing a sports bet.

Resorts World Grand Opening 

The sale on the new project is expected to close by June. When construction is underway, it will become part of a revival on the Strip. Florida-based Arquitectonica is tasked with creating a design that fits CityCenter’s appearance, according to KSNV-TV.

North of this site, the 3,5000-room Resorts World Las Vegas is set to open June 24. Resorts World is on the northwest end of Strip where the now-demolished Stardust Casino once was located. 

These developments are occurring as a nationwide rollout of COVID-19 vaccinations and stimulus checks have boosted tourism in the city.

The $4.3 billion Resorts World is the most expensive project ever on the Strip, eclipsing the $4.1 billion Cosmopolitan. Resorts World will be the first hotel-casino built on the Strip since the Cosmopolitan opened in late 2010. Resorts World is projected to open as a limited-smoking resort, with smoking permitted only in the gaming areas.

Also on the Strip, Las Vegas developer Jackie Robinson, a former NBA basketball player, is planning to build a non-gaming hotel and entrainment complex on 27 acres of vacant land just south of the Sahara Las Vegas. The proposal also calls for a 22,000-seat sports arena. The developers hope to attract an NBA team to Southern Nevada.

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Thanks Jennifer Ty for launching our April Earth Day Challenge! We love your post and what a clever way to replace grass with wild flowers!! Your yard looks like a green oasis! Keep on loving our planet 🌎!

We invite YOU to join the movement and post your own earth day challenge video! Share your photos and videos with us on any of our social media platforms, and we'll showcase them for the world to see. πŸ“² Don't forget to invite your friends to join in too! Together, we can create a positive impact and leave a healthier planet for future generations. 🌍 πŸ’š

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An April Moment with the Founder
🌎🌿 Lovell Canyon Clean Up 🌿🌎

Join us, alongside Save Red Rock and our community friends, as we come together to remove litter from Lovell Canyon on Saturday, April 20, from 10 am to 2 pm. (Please ensure your arrival by noon, and feel free to depart whenever convenient).

Supplies including bags and gloves will be provided, along with refreshments courtesy of Whole Foods Market. For your comfort and safety, we recommend wearing long pants and closed-toe shoes, as well as bringing along sun protection, a water bottle, etc.

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Saturday, April 20, 2024
10:00 AM – 2:00 PM
Lovell Canyon

REGISTRATION IS REQUIRED for participation: 

Volunteer waivers will be available on-site for signature upon arrival. Please assemble at the Forest Service Kiosk located at the entrance to Lovell Canyon Road, off SR160. Check your confirmation email for additional instructions and details.

We hope to see you there!
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Earth Day is an annual event on April 22nd, dedicated to demonstrating support for environmental protection. First established in 1970, it now engages over 1 billion people in more than 193 countries, coordinated globally by Earthday.org. The official theme for 2024 is "Planet vs. Plastics."
At the heart of the Brett Torino Foundation lies the commitment to conserve precious lands like Lovell Canyon, nestled in the Spring Valley Mountain range just West of Las Vegas, NV. Through initiatives like the "Save Lovell Canyon" project launched in 2017, the canyon has become a haven for campers, hikers, bicyclists, and nature enthusiasts.
This April, we're extending the celebration of Earth Day throughout the month, and we want YOU to join us! πŸŽ‰ Let's show our planet some love by sharing ways we can make a difference and reduce our carbon footprint. 🌱
Here are some suggestions to get involved:

Link: https://www.eventbrite.com/e/2024-lovell-canyon-clean-up-tickets-861058999647

Or some other β€˜go green’ ideas:

- 🌳 Plant trees and native plants to decrease greenhouse gas emissions, boost oxygen levels, and provide habitats for wildlife.
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Abby is the epitome of resilience and talent. 🎭 She recently received the prestigious BTF Scholarship through her dedication and hard work with Nevada Childhood Cancer. πŸŽ—οΈ But that's just the beginning of her incredible journey!
Abby's love for the performing arts knows no bounds, and her performances are truly enchanting. 🎢 Her infectious smile and genuine warmth illuminate every room she enters. πŸ’–
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A February Moment with the Founder
🌟 Exciting News! 🌟
Join us at Camp Cartwheel, a magical summer camp experience for children battling cancer! πŸŽ—οΈ Happening June 19-22 at Torino Ranch, this is a chance for these brave kids to laugh, play, and create unforgettable memories.

APPLICATIONS ARE NOW OPEN! πŸ“ For children and volunteers - Deadline for applications is March 22nd.

Together with Nevada Childhood Cancer Foundation (@nvccf), we're committed to bringing joy and hope. Let's make this summer one to remember! β˜€οΈ Apply now at the NVCCF website. #CampCartwheel #ChildhoodCancerAwareness #SummerCamp2024 πŸ•οΈ
🌟 We're thrilled to welcome Jessica "Jess" Anderson to the @nvccf team leading the Brett Torino Foundation Educational Services program. With a heart full of passion and dedication, she joins us ready to make a difference in the lives of our incredible children.  Jess has been a CCSD department head and teacher for five years and was recently honored as Teacher of the Year at her school. She has also volunteered at Camp Cartwheel for 12 years hosted at Torino Ranch. Let's give Jessica a warm welcome as we embark on this journey of success in education for our little superheroes! Together, we'll continue spreading hope, joy, and knowledge.πŸŽ—οΈ #Welcome #NewBeginnings #MakingADifference
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Today is #NationalTriviaDay and in honor of Moises "Bee Whisperer" at Torino Ranch - Do you know? 
Q: How do bees make honey? 🐝
A: Honey starts as flower nectar collected by bees, which gets broken down into simple sugars stored inside the honeycomb.
A December Moment with the Founder
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