The applicant is Grand Central South Partners LLC, which is comprised of Grand Central Holdings LLC and Grand Central South Property Holdings LLC. The mailing address for both -- 5850 Canoga Ave., Ste. 650 in Woodland Hills -- is that of the Merrill Group of Cos., a national real estate investment, development and management firm based in Los Angeles.
Dubbed Grand Central Hotel, the development would total more than 2.4 million sf on 12.54 net acres. The hotel and its amenities – pool and spa, lounge, fitness center, restaurant, coffee shop and retail shops – would total 2.17 million sf and be located on the southern portion of the site, fronting Charleston and Grand Central. The northern portion of the site, abutting Clark County Government Center, would be home to a 260,000-sf convention facility, according to plans.
Grand Central South Partners owns one of the four parcels that comprise the site, having paid Boston-based Taurus Investments $13.75 million for the 3.23-acre site at the start of this year. The other three parcels have been owned by Union Pacific Railroad Co. for more than a decade. The site Grand Central South Partners acquired was previously proposed for a high-rise condominium tower.
Representatives of Merrill and the City of Las Vegas could not be reached Thursday for additional information.
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