Las Vegas Casino News Source: http://www.lasvegassun.com
By Liz Benston
What's old is new again on the Strip, where developers are trying to snap up the last remaining parcels for luxury development.
At a recent Gaming Control Board meeting, the general manager of the Barbary Coast half-jokingly referred to the 200-room property as a "boutique" hotel.
It may not look anything like the tony Mondrian in Los Angeles or the swank Delano in Miami Beach, Fla. But the property - which sits on the busy intersection at Flamingo Road and the Strip - is nevertheless sitting on a redevelopment gold mine.
The Barbary Coast opened in 1979 and looks its age, with a cavelike interior and plenty of worn carpet.
But that doesn't matter to Harrah's Entertainment, which is vying to purchase the old dame as part of a master-planned redevelopment of its center Strip properties next door.
If Harrah's decides it doesn't need the Barbary Coast to complete its project, Boyd Gaming Corp. can maintain the property's status as one of the Strip's smallest - uh, make that boutique - hotels. |
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