LAS VEGAS—Finding enough land on the Las Vegas Strip to build the world’s largest observation (a.k.a., Ferris) wheel was no easy task, but Caesars Entertainment Corp. came up with an ingenious solution: “borrow” parcels from neighboring properties and create a composite parcel that will accommodate the build. Angela Otto, a shareholder with law firm Brownstein Hyatt Farber Schreck here, who worked with Caesars to get the Linq’s High Roller built, tells that the solution made total sense.

“It’s one of those situations where they had seen a development opportunity, but didn’t have enough land in one parcel, so they took from properties that could spare some land,” says Otto. “O’Sheas Casino was the base, which leads into the Linq, right in between the Flamingo and the Quad (which used to be Imperial Palace).”

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