LAS VEGAS—Finding enough land on the Las VegasStrip to build the world's largest observation (a.k.a.,Ferris) wheel was no easy task, but Caesars EntertainmentCorp. came up with an ingenious solution: “borrow” parcelsfrom neighboring properties and create a composite parcel that willaccommodate the build. Angela Otto, a shareholderwith law firm Brownstein Hyatt Farber Schreckhere, who worked with Caesars to get the Linq's HighRoller built, tells GlobeSt.com that the solution madetotal sense.
“It's one of those situations where they had seen adevelopment opportunity, but didn't have enoughland in one parcel, so they took from properties that could sparesome land,” says Otto. “O'Sheas Casino was thebase, which leads into the Linq, right in betweenthe Flamingo and the Quad (whichused to be Imperial Palace).”
As GlobeSt.com previously reported, in August 2011, Ceasarsbegan to develop the Linq, a $550-millionretail/dining/entertainment experience across from CaesarsPalace with shops,restaurants and bars that now lead into the HighRoller. The wheel itself stands 550 ft. tall and opened earlierthis month. It took more than two years to complete, and Otto saysmany approvals needed to be obtained. “A lot of materials were senthere for it to be constructed, and the wheel had to be tested forstability and safety. It has a kickstand, similar to what a bikewould have, that's huge. We have a lot of wind here in Las Vegas,and it had to withstand that.”
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