Trump Hotel Las Vegas-hotel

Trump Hotel Las Vegas-hotel
From Wikipedia, the free encyclopedia

The Trump Hotel Las Vegas is a 64 story hotel-condominium (condo-hotel) located on Fashion Show Drive near Las Vegas Boulevard in Las Vegas, Nevada named for famed real estate developer Donald Trump. It is located across the street from Wynn Las Vegas on 3.46 acres (14,000 m2), near the Fashion Show Mall and features both non-residential hotel condominiums and residential condominiums. The exterior windows[1] are gilded with 24-carat gold.
Tower 1 opened on March 31, 2008. The hotel features restaurants DJT, named after the developer, as well as a poolside restaurant, H2(eau).[1] It has been announced that Donald Trump, due to the overwhelming sellers response from his first tower, will build a second, identical tower next to the first tower. It is Las Vegas's tallest residential building at 620ft (190m).[2]

History
The project was announced in 2004 as a joint project between Donald J. Trump, Brett J. Plant, and Phil Ruffin. The project was designed by Bergman, Walls & Associates and built by Perini Building Company.[3]
Prior to construction, Trump built a sales center for his tower on Las Vegas Boulevard. The temporary sales center cost nearly $3 million.[citation needed]

Clash of egos
It was rumored that by building his tower several feet higher than Las Vegas's current tallest fully habitable building, Steve Wynn's Wynn Las Vegas resort located only a block east, Donald Trump showed some kind of rivalry between the two developers. Trump has insisted that it wasn't the case and even invited Wynn (who did come) to the private groundbreaking ceremony for the tower.[citation needed]
That said, Trump did show some signs of egoism, especially when his ex, Ivana Trump, proposed building an 80 story condo tower a few blocks north in the Las Vegas Strip. Trump stated that "the location is bad, it will never sell." Ivana's tower has since been canceled due to the recent downturn in the stock market.
When told that the Stratosphere Tower, the tallest free standing structure in Las Vegas, would still be nearly twice as tall as Trump's building, he simply replied "That's not a building." [4]

Construction
The Tower was to increase by one floor every 4 days. The progress of the tower can be seen from Desert Inn Road. Trump Hotel Las Vegas opened on March 31, 2008.

Construction photo taken in August 2007 from the Riviera Hotel and Casino.

Completed first tower as seen from Wynn Hotel

Trump Hotel with Wynn

Recent events
By its opening, the prognosis of the Vegas strip had changed dramatically; the second tower, and adjacent Plaza Hotel Casino, have both been delayed indefinitely.[5] Closing sales of the tower's condo units was adversely impacted by changes in the real estate and credit markets.[6][7]
The heavily-marketed DJT restaurant has also retooled as a more casual (and less expensive) offering.[8]

References
^ a b Jen Leo, Las Vegas Trump Tower opens today, Los Angeles Times, March 31, 2008.
^ http://www.trumplv.com/pdfs/fact_sheet.pdf
^ Perini Corporation
^ reviewjournal.com - News: Trump unveils Strip tower plan
^ reviewjournal.com - INSIDE GAMING: Trump's second tower may wait
^ reviewjournal.com - Trump staff put on hold
^ reviewjournal.com - HOUSING: Credit squeeze hits high-rises
^ reviewjournal.com - NORM: Trump downsizes restaurant menu

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