November 22, 2024 12:10 am
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Las Vegas builders have history of hyping projects that fail

Las Vegas / Pixabay

 

By Eli Segall | Las Vegas Review Journal

When Wynn Resorts scrapped its 38-acre lagoon project Wednesday, it wasn’t the first big idea to get tossed in Las Vegas’ real estate trash bin.

Southern Nevada has a long history of people pitching massive projects and never following through. Plans that came and went include Titanic- and London-themed resorts, condo towers, stadiums, sprawling housing developments and an air-inflated dome where patrons could fly around on helium balloons.

And lately, even as the economy gains speed, the tradition of announce-but-never-build has been as strong as ever.

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