Caesars Entertainment has released a ton of new renderings and information about their new development project that has the potential to recreate the Center-Strip into a whole new area.
The “Linq” project will be located across the street from Caesars Palace and will run along the street. One of the main attractions of the “Linq” will be the world’s largest observation wheel. This giant wheel will rise at 550 feet tall and will hold 40 people in each “ball.” This wheel will require 6.6 million pounds of steel to construct.
This project will break ground at the start of September and is estimated to be completed in 2013.
In the face of the recession, Caesars is doubling down. Construction will begin this month on a $500 million mid-Strip project called Linq that will include a restaurant-entertainment district (326,000 square feet) linking the Imperial Palace and Flamingo resorts, a “re-skinning” of Imperial Palace and O’Sheas, and a 550-foot “observation wheel” that is like a Ferris wheel, but houses 30 people per pod. This will also create 1,500 permanent new jobs and employ about 3,000 construction workers. We wish Caesars the best on this 18-month project. We have found some great deals on Caesars hotels, with rates as low as $99 a night. Don’t forget to check out our page on Caesars as well!