Projects: Wynn Resorts floats $1.5 billion expansion in Las Vegas
Wynn Paradise Park would feature white sand beach surrounding a 38-acre lagoon.
Wynn Resorts is considering a 1,000-room expansion at its Strip property centered around a 38-acre lagoon that would host water skiing, paddle boarding and parasailing by day and fireworks displays at night.
The project, tentatively called Wynn Paradise Park, would cost about $1.5 billion to build and open in 2020 if work begins later this year as planned.
Wynn Chairman and CEO Steve Wynn described the plan at a company investment conference Wednesday.
“We have a chance to reinvent Las Vegas and make the whole venue an entertainment attraction … an idyllic beach paradise surrounded by white sand beaches,” Wynn told investors. “People come to Las Vegas from all over the world to live large and have a good time and we can dish up an irresistible entertainment attraction.”
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