Just listed — a rare, construction-ready hotel development opportunity on the Las Vegas Strip.
Located at 5051 South Las Vegas Boulevard, this premier ±4.68-acre site sits at the primary gateway to the Strip — steps from the iconic Welcome to Fabulous Las Vegas sign and directly across from Mandalay Bay and the Four Seasons.
Fully entitled and designed by DLR Group, this brand-agnostic luxury hotel project is approved through August 2027, with extensive foundation work already complete — placing development years ahead of typical Strip timelines.
The approved program includes 531 keys, a 20,000-square-foot casino, multiple food and beverage concepts, a resort-style pool and dayclub, meeting space, and a rooftop lounge — all reconfigurable to meet operator or brand requirements.
Strategically positioned within the South Resort Corridor, the site is surrounded by world-class demand drivers including Allegiant Stadium, the future A’s Ballpark, T-Mobile Arena, and Harry Reid International Airport — delivering unmatched visibility and visitor capture.
With over $90 million invested to date and rapid remobilization capabilities in place, this is one of the most compelling development opportunities on the Strip today.
Mike Mixer
Colliers
