![]() ![]() ![]() New projects have debuted, the bubble-era Fontainebleau skyscraper is on a path to finally opening, and developers have acquired property.Īnd while Siegel paid a mountain of cash for his new properties, it was a steep discount from years past. Long bogged down by unfinished megaresorts, huge tracts of vacant land and little foot traffic, the north Strip is now seeing its most momentum in years. “We’re planning a trip to Dubai to get some ideas,” Siegel told me. The buyer now has more than 12 acres of contiguous property along Las Vegas Boulevard and Convention Center Drive, Clark County records show, and says he is eyeing a project that could include a hotel-casino, condo units and retail. ![]() The sale closed this week, property records show. Siegel, founder of The Siegel Group, purchased roughly 10 acres of real estate on and near the north Strip for $75 million. Cannon/Las Vegas Review-Journal) Vegas real estate investor Steve Siegel is perhaps best known for his portfolio of low-priced apartment complexes bearing his name.īut he has also acquired hotels and other buildings near the Strip, and now he is the casino corridor’s newest landowner. The deli and eatery opens on Friday next to the West Hall expansion of the Las Vegas Convention Center. Michael Crandall, senior vice president of The Siegel Group Nevada Inc., right, poses with owners Stephen and Judi Siegel at Siegel's Bagelmania on Convention Center Drive in Las Vegas Monday, May 24, 2021. ![]()
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