Hotels Monte Carlo's transformation to Park MGM nearly done By Danny King / December 25, 2017 Share 1 The renovated lobby at the Park MGM. -- The Monte Carlo Resort & Casino is approaching the completion of its redevelopment into the Park MGM, and the Las Vegas resort officially will be rebranded in March. Most of the hotel's 2,700 rooms have been renovated, said owner MGM Resorts International. A remodeled guestroom at the Park MGM. The property's 290 guestrooms on its upper floors will be rebranded as the NoMad Las Vegas, and that project will be completed by the end of 2018. NoMad is a boutique brand owned by Sydell Group.The NoMad will add to the Strip's inventory of "hotels within hotels." In 2013, the first Nobu hotel opened within Caesars Palace. The following year, MGM Resorts opened a Delano hotel within the Mandalay Bay.The new Bavette's Steakhouse & Bar. In all, MGM Resorts is spending about $550 million on the Park MGM transformation. In addition to the room renovations, the hotel has added French restaurant Primrose and Bavette's Steakhouse & Bar, and will add an outpost of New York-based food marketplace Eataly by the end of next year. MGM Resorts will announce additional food and beverage outlets next month.MGM Resorts says Park MGM's room rates will be comparable to the Mirage's. The new French restaurant Primrose. As part of the transformation, Lady Gaga will begin a two-year engagement at the property's Park Theater starting next December. The 5,300-seat venue opened a year ago.