
Development site
LAS VEGAS-The salacious international men’s magazine
Maxim is lending its name to a would-be casino resort
being planned for Las Vegas Boulevard immediately north
of the Circus Circus hotel-casino. Ramin Kolahi, an SVP
with landowner Concord Wilshire Partners LLC, tells
GlobeSt.com that the company has a signed deal with
Maxim to develop a branded casino-resort that is
currently in the preliminary design and development
stage.
Plans for the estimated $1.2-billion resort call for
2,300 rooms, a 60,000-sf casino, a 3,000-seat concert
venue, pool, spa, retail stores, restaurants and a Rande
Gerber-operated nightclub called Maxim Lounge. Most of
the hotel rooms would be sold as condominiums but rented
as hotel rooms. The preliminary development scheduled
calls for construction to begin late next year and for
the resort to open in 2010.
“We’re trying to put together something that will be
on the leading edge of what the Strip will start to look
like in next 10-20 years,” says Kolahi. “It will have
the high-end and party-like atmosphere expected of a
Maxim-branded hotel and casino.”
Maxim, which is published in 45 countries, has a U.S.
audience of 13.7 million readers with an average age of
28 years old. The magazine describes its content as
“girls, entertainment, sports and stupid jokes.” Barry
Pincus, director of brand development for Maxim
publisher Dennis Publishing Inc., could not be reached
Monday afternoon for comment.
“We hope the Maxim name will help create a
destination for not only for Las Vegas visitors from the
US but globally,” Kolahi says. “Hopefully it will
attract all types of visitors, from the weekend single
bachelor to conventioneers and families.”
Kolahi recoils at his project being compared to
Hooter’s-branded Casino Hotel located just east of the
Las Vegas Boulevard on Tropicana Avenue. The
casino-hotel opened in the renovated Hotel San Remo in
February.
“We are absolutely not in competition with Hooter’s,”
he says. “We will be more in line with the Hard Rock and
the Palms and other higher-end properties.”
As for being on the leading edge of what the Strip
will start to look like in the next decade, Kolahi is
referring to the Cosmopolitan and Project City Center
developments planned for properties immediately south of
the Bellagio. Like those two projects, preliminary plans
for the Maxim-branded property include retail space
jutting out all the way to Las Vegas Boulevard, Kolahi
says.
Concord Wilshire has owned the nine-acre development
site for about a year, Kolahi says. The property is
located on the northwest corner of Las Vegas Boulevard
and Circus Circus Drive. The Las Vegas Convention Center
is located one half mile to the East.