Dick Corp. served as the frame contractor for the Venetianresort, performing all concrete foundation and structure work forthe $2-billion complex. It also served as a prime contractor forthe Atlantis resort in the Bahamas, constructing among other thingsthe bridge that links the two towers. The bridge was theinspiration for the four bridges that will connect the two 36-storytowers anchoring Pinnacle Las Vegas.

The developer and landowner is the Falcon Group. The partnershipincludes the Falconi Group, Praxis Resources Inc. and LasVegas-based Elysium Enterprises. Falconi Group and Praxis are realestate development companies based in Pennsylvania. Falconi is ledby Angelo Falconi, who owns shopping malls, auto dealerships and apiece of the Pittsburgh Penguins. Elysium Enterprises is led byMike Bellon, a locally based entrepreneur and real estate developerwho made his mark buying, developing and selling autodealerships.

Site work for Pinnacle Las Vegas got under way in July with therazing of two buildings on the 12-acre property at the intersectionof West Tropicana Avenue and Cameron Street. The developers arecurrently working off of a $50-million predevelopment bridge loanfrom New York City-based Berkshire Capital. The pre-developmentloan will be paid off by the construction loan, which is expectedto come in at around $550 million. Gross revenue from unit sales isexpected to top $900 million.