After going bankrupt under the late actress Debbie Reynolds, it was bought at auction in 1998 by the World Wrestling Federation. It opened in 1970, and over the years its names included the Royal Inn, the Paddlewheel, the Debbie Reynolds and the Greek Isles. The 12-story hotel had around 200 rooms - not particularly big by Vegas standards - but the building’s history was far from boring. The project site is the former home of the Clarion, which Doumani imploded in 2015.

“If we’re still dealing with this stuff in late 2024, you know, God help us all.” “By then it better be, or the world’s got a lot bigger problems, trust me,” he told the Review-Journal at Wednesday’s event. Of course, the coronavirus pandemic has dealt a crushing blow to Las Vegas’ tourism industry and shut off conventions, though Doumani figures things will largely be back to normal by the time he opens Majestic. It is across the street from the newly expanded Las Vegas Convention Center and slated to feature 35 corporate suites, offered for sale from $10 million to $100 million, spread among the tower’s top 10 floors. The roughly $850 million project at 305 Convention Center Drive will not have a casino and is aimed at business travelers. He said he expects to break ground on the 720-room hotel in late summer or early fall and finish in 2024. (Erik Verduzco/Las Vegas Review-Journal) fter a history of name changes, new owners and, finally, an implosion, a plot of land just east of the Strip is slated to get a luxury hotel.ĭeveloper Lorenzo Doumani held a media event Wednesday to discuss plans for his resort project Majestic Las Vegas. Developer Lorenzo Doumani speaks during a press conference regarding the Majestic Las Vegas resort project in Las Vegas, on Wednesday, Jan.

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