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Paradise Park Expansion Planned at The Wynn

Wynn Encore Las Vegas

With new casinos continuing to rise on and off the Las Vegas Strip, one of the most successful resorts will reportedly grow and feature new attractions as The Wynn works on an expansion project called “Paradise Park” on 130 acres of real estate where the golf club currently resides. Billionaire developer Steve Wynn recently announced the project, which will cost an estimated $1.6 billion and be completed by 2020.

The cornerstone of Paradise Park will be a 38-acre man-made lagoon where visitors can participate in recreational activities such as water skiing, paddle boarding and parasailing, all without leaving the Strip. Wynn’s newest water feature will also include a white sand beach, boardwalk and 120-foot island that will launch a daily fireworks show.

When Wynn opened The Bellagio in 1998, the famous fountains were created to bring in tourists and treat them to a unique water, music and light show on an 8.5-acre lake that continues to be unrivaled. The Bellagio was once the most expensive hotel in the world, built for about the same amount as this new project, which will be located behind The Wynn and also include a 1,000-room hotel in addition to a new casino, restaurants and 260,000 square feet of meeting space with views of the breathtaking waterfront.

The shopping complex known as Wynn Plaza will have 75,518 feet of retail space and add to the lineup of luxury stores already available at The Wynn and Encore. It is expected to open in late 2017, with the entire project still needing approval by the Board of Directors before the dream becomes a reality. The 74-year-old Wynn initially announced plans for the project during a company investment conference in early April.

Wynn has long been one of the most innovative and successful developers in Vegas, building The Mirage and Treasure Island on the Strip in the late 1980s and early 1990s after he brought the Golden Nugget back to life downtown. His signature resort, The Wynn Las Vegas, later debuted in 2005 following The Bellagio at a cost of $2.7 billion. The Wynn’s sister property Encore opened in 2008 for $2.3 billion.

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