New hotel to bring more jobs to downtown Las Vegas

CREATED Nov. 20, 2012

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  • The years vacant Lady Luck is getting a new lease on life. Construction has begun to turn it into the Downtown Grand Hotel and Casino. Video by ktnv.com

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Las Vegas, NV (KTNV) - The years vacant Lady Luck is getting a new lease on life. Construction has begun to turn it into the Downtown Grand Hotel and Casino.

It's just another step in the right direction for downtown Las Vegas. A step that has the Las Vegas mayor all fired up.

"This is the time to live and this is a time to live in our fabulous community," said Mayor Carolyn Goodman. "We are on a roll, I'm telling you. The city is alive and well and we are so excited."

The hotel is set to open in late 2013 but has already put hundreds of people back to work.

"Especially right now with the holidays, being able to provide for our families and just get back to living, it's great," said Gary Schade of Breslin Builders. "Some of these people have been out of work for two to three years. It's been hard but we've all survived."

600 to 800 workers will have touched the project before it is finished next year. And by the time Downtown Grand opens its doors, the hotel casino will have 600 full time employees.

The 100 million dollar renovation of the historic Lady Luck property will serve as the anchor of a four block redevelopment project called Downtown 3rd. So far, the project is comprised of the Mob Museum, several restaurants and the 3rd Street Farmers Market.

"We always want to be respectful of the past, but really this is about the future," said 5th Street Gaming CEO, Seth Schorr.

"We're creating a true authentic pedestrian experience that we don't really believe exists in downtown Las Vegas today."