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Off-Strip High-Rise Project Making Progress | News

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Off-Strip High-Rise Project Making Progress
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LAS VEGAS - A planned timeshare high-rise near Twain Avenue and Valley View Boulevard that stalled during the recession is resuming construction.

Wyndham Vacation Resorts is behind the project, which has sat unfinished since 2007. The company is refiling zoning permits Wednesday before the Clark County Zoning Commission.

The structure is crawling with construction workers. County documents show Wyndham originally planned four high-rise towers and two parking garages for a timeshare that included approximately 1,500 rooms.

Documents show Wyndham is scaling back the project with smaller towers.

Prominent realtor David Atwell, who was one of the first to sell time share properties on the Strip, says more timeshares might be better than having vacant hotel rooms around town.

"I don't think it affects the hotel occupancy rates," he said. "Simply because it's a little bit different customer and the fact that they're here, and they're going to spend money in the town is a good positive thing either way you look at it."

Wyndham executives remain tight-lipped about the project, saying only that they are in the beginning phases of construction. Experts say it appears this project is mostly finished.

Experts say the project's proximity to the Rio likely indicates a working relationship between Wyndham and Rio parent company Caesars Entertainment.

Caesars Entertainment representatives declined to comment for this story.

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