M Resort Unveiled
There will be plenty of new hotels and casinos opening in Las Vegas in 2009 but one of the first that people driving in from Los Angeles will see is the upcoming M Resort, which was officially unveiled last week.
The hotel and casino will be constructed on 80 acres of land at the corner of St. Rose Parkway and Las Vegas Boulevard, just off Interstate 15 at the far southern end of the Las Vegas Valley. For those of you familiar with the drive in from California, St. Rose is one of the very first exits you come to as you reach the outskirts of town.
When it opens in early 2009, the property will feature 390 rooms in an 11-story tower, 90,000 square-feet of casino space, a 20,000 square-foot spa, restaurants, entertainment venues, and a 100,000 square-foot pool and recreation area that will be designed like a canyon complete with waterfalls.
Because the land slopes up toward that end of the valley, the entire property will be situated on a rise that will overlook all of Las Vegas, promising some pretty terrific views.
The hotel is being built by Anthony A. Marnell, III – a member of the Marnell construction family dynasty who with their firm Marnell Corrao Associates was responsible for such famous buildings as Caesars Palace, Wynn Las Vegas,
Treasure Island, and more.
From the Vegas4visitors Weekly Update of April 29, 2007:
MGM Mirage Likes the Letter M
A week after announcing they were spending more than half a billion dollars to snap up some north Strip land, MGM Mirage has now announced they will be moving south – way south – to invest in the upcoming M Resort. That property, already in the early stages of development, is an 80-acre master-planned commercial venture that will include, among other things, a 400 room hotel and 100,000 square-foot casino. It will be constructed at the intersection of Las Vegas Boulevard and St. Rose Parkway, just off Interstate 15 at the southern end of the Vegas valley.
MGM Mirage’s involvement will be primarily a financial one to the tune of about $160 million of the $700 million cost of the first phase of the project. If that money isn’t paid back within 18 months of it being issued, MGM Mirage has the option to claim a 50% stake in the hotel-casino.
M Resort will begin construction in May and should be complete in mid-2009.
From the Vegas4visitors Weekly Update of October 24, 2005:
New Resort Planned for South Vegas
Two weeks after the announcement of the Southern Highlands Casino-Resort, a $750 million hotel and casino along I-15 at St. Rose Parkway, comes news that the property will have some major competition. M Resort is the name of the proposed $1.8 billion casino, hotel, and commercial development that will go up right across the street from Southern Highlands. M Resort will have quite a pedigree – it is being developed by the Marnell family who run a casino development firm that built Wynn Las Vegas and Bellagio and built and ran The Rio until they sold it to Harrah’s in 1999. The M will feature 1,000 hotel rooms, a 135,000-square-foot casino, a convention center, and all of the usual restaurants, shopping, and entertainment facilities normally associated with a project of its size. Both resorts are tentatively scheduled to open in late 2008.
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