Local News


Wynn's Paradise Park gets green light

Analysts: Project part of evolving Vegas culture
Posted at 6:42 PM, Apr 26, 2017
and last updated 2017-04-27 14:11:29-04

Billionaire Steve Wynn is a step closer to building a tropical lagoon in Las Vegas.

The Wynn Resorts board approved phase one of the project, estimated to cost about a half billion dollars.

Construction on Paradise Park is now set to begin as early as December.

Wynn talked with 13 Action News about the project last fall.

"I've thought of that golf course for the last 15 years that I've owned it, as the great future thing in the company that could help change Las Vegas for the better," he said.

Local analysts say the move is part of a trend on the Las Vegas Strip where resorts are working to add attractions to bring in younger tourists.

"We are continuing to see a younger demographic come to Las Vegas," said Brian Gordon, principal partner at Applies Analysis.

When complete, Paradise Park would have a lagoon, boardwalk, new convention space and food services.