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Skyvue

Coordinates: 36°05′35″N 115°10′18″W / 36.0930°N 115.1717°W / 36.0930; -115.1717
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Skyvue
Skyvue under construction
Map
General information
StatusUnder construction
TypeFerris wheel
LocationLas Vegas Strip, Paradise, Nevada
Coordinates36°05′35″N 115°10′18″W / 36.093031°N 115.171732°W / 36.093031; -115.171732 (Skyvue)
OpeningLate 2017
Height500 feet (152.4 m) (proposed)

Skyvue Las Vegas Super Wheel[1] (or SkyVue - the official website uses both forms[2]) will be a 500-foot high Ferris wheel near the Mandalay Bay Hotel and Casino on the Las Vegas Strip in Paradise, Nevada, US. Additionally, the wheel will boast the world's largest LED screen. The projected advertising revenue for the 122,000 square feet of LED signage alone is estimated to be $12 million per year.

Construction of the wheel and the proposed larger 3-phase project for the site — London, Las Vegas — is to be a 38.5 acre property featuring 1,300 hotel rooms, a casino, the Skyvue wheel and 550,000 square feet of restaurants and shops—all of which will be architectural replicas of various British landmarks and neighborhoods.[3]

Construction

Skyvue was originally announced as being 476 ft (145 m) tall,[4][5] but has since been reported to be 490 ft (150 m)[2] and 500 ft (152.4 m).[6][7][8] Approved by Clark County Commission ,[9] it was announced at a media event and groundbreaking ceremony by Howard Bulloch of Compass Investments. [4][10] It was originally expected to have 40 gondolas, each carrying 20-25 people,[1] but when 1,300 cubic yards of concrete foundations were poured it was reported that there would only be 32 gondolas, each carrying 24 passengers. [11][12]

Financing

On March 5, 2012, Shotgun Creek Investments, headed by Wayne Perry, announced their involvement in the $300 million project.

See also

References

36°05′35″N 115°10′18″W / 36.0930°N 115.1717°W / 36.0930; -115.1717