Palms Casino Resort begins $600M expansion project

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LAS VEGAS -- The Palms Casino Resort is undergoing a $600 million augmentation that will give it two new towers. The project will add a 40-story hotel with "themed" luxury suites and the first recording studio ever for a Las Vegas hotel-casino plus a 599-unit condo-hotel property called Palms Place, according to owner George Maloof.

The hotel tower, which will be part of the Palms, is under construction, with the bulk of new rooms and venues opening throughout 2006.

The second tower, which will break ground next year and open in 2007, will stand adjacent to the casino property and connect to it via a moving walkway.

"The whole concept of the [hotel] tower is that it will have its own identity," Maloof said. "It won't look like the existing tower, and the experience will start right when people come in from the casino. And it will be packed with a lot of fun things, like a recording studio."

The 8,000-square-foot studio will have the equipment needed to enable artists to record from remote units in their suites. It also will have a screening room and lounge for VIP guests.

The building will offer 347 guest rooms and suites, including 46 megasuites and sky penthouses that will complement the existing Palms' specialty suites: Playpens with dancer poles, the Real World Suite (as seen on MTV's "Real World: Las Vegas") and NBA suites with extra-large furniture.

"With our expansion, we will design some of the most extraordinary and unique luxury suites," Maloof said.

They will include themed party suites, complete with extra sound insulation, swimming pools and fireplaces; some will feature basketball courts or bowling alleys, Maloof said. The suites will be accessible from a private entrance.

The new tower also will contain a mix of dining, entertainment and nightlife locations, including two restaurants and a high-end Playboy lounge and themed retail venue that Maloof described as "a kind of reinvention of the original Playboy Club."

It will also contain a 2,200-seat showroom, 60,000 square feet of meetings space, a pool complex with private bungalows and a handful of specialty retail shops.

No details have been finalized on these project elements, Maloof said, although he noted that, "we've looked at [a signature production for the showroom]. That's a possibility."

The existing Palms property debuted four years ago at a cost of $265 million.

The 430-room boutique resort offers a 95,000-square-foot casino, a 14-screen Brenden Theatres Cineplex that is home to the annual CineVegas Film Festival, the Palms Spa and AMP salon, Hart and Huntington Tattoo Co. and a mix of restaurants and nightspots that includes N9NE Steakhouse, Alize, Rain Las Vegas, Ghostbar and the Skin Pool Lounge.

The property also features more than 20,000 square feet of meetings space.

For more information about the Palms, call (866) 725-6773 or visit www.palms.com; for groups of 10 rooms or more, contact the sales department at (866) 725-6768.

To contact reporter Amy Baratta, send e-mail to[email protected].

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