MGM Resorts International will spend $100 million to transform land along the Strip and surrounding the New York-New York and Monte Carlo resorts into an outdoor plaza and pedestrian mall with trendy shops, restaurants and a public park.
The plaza will serve as a gateway into a 20,000-seat sports arena, which the company will build behind the two resorts with national arena developer AEG.
The facades of New York-New York and Monte Carlo will be renovated as part of the retail, dining and entertainment district. The development will include several eateries, nightlife venues and entertainment attractions new to Las Vegas.
MGM Resorts announced the development today . Some initial construction has begun, and the company expects the retail and restaurant complex to open by early 2014.
Click here to read more.
Source: Howard Stutz (2013). MGM has grand plans with trendy plaza, sports arena, Las Vegas Review-Journal http://www.reviewjournal.com/business/casinos-gaming/mgm-has-grand-plans-trendy-plaza-sports-arena?published Apr 18, 2013. Viewed Apr 19, 2013,