The Monte Carlo Resort & Casino on the Las Vegas Strip
will be redeveloped into two hotels.
MGM Resorts International has partnered with Sydell Group on
the $450 million project, which calls for one hotel to be named the Park MGM
and the other the NoMad Las Vegas. (Sydell has a NoMad hotel in New York and
one in development in Los Angeles.)
The 2,700-room Park MGM will include a Las Vegas outpost of
New York’s Eataly Market. Rooms will have a European design influence and a
“residential feel,” MGM said. The name is a reference to The Park, MGM’s dining
and entertainment district that opened earlier this year. The 5,300-seat Park
Theater will open in The Park later this year.
The 292-room NoMad Las Vegas will feature a restaurant
helmed by New York restaurateurs Daniel Humm and Will Guidara, who run the
restaurant in New York’s NoMad. The NoMad Las Vegas will have its own lobby and
swimming pool.
The redevelopment is slated to be completed by the end of
2018. Construction is due to start later this year, but the hotel will stay open as the work is done in sections.