MGM Resorts International has announced a big plan to revamp and rebrand the Monte Carlo Resort and Casino. As part of a partnership with New York-based Sydell Group, the property will undergo a $450 million transformation to become two hotels: a Las Vegas version of Sydell’s NoMad Hotel, and a new luxury hotel named Park MGM.
In addition to fully redesigned and renovated hotel guest rooms, each hotel will have new food and beverage experiences, including the award-winning NoMad restaurant by Chef Daniel Humm and restaurateur Will Guidara and Eataly's Italian marketplace with cafes, to-go counters and full-service restaurants interspersed with products from sustainable Italian and local producers. Park MGM and The NoMad Las Vegas become the final pieces of MGM Resorts' complete neighborhood redesign of the central Las Vegas Strip neighborhood, which began in 2009 with the introduction of CityCenter and saw the recent unveiling of The Park, an outdoor dining and entertainment district, and the new T-Mobile Arena.
Sydell Group is a partnership between investor Ron Burkle and founder Andrew Zobler as is the creator of The NoMad in New York, The Line in Los Angeles, and Freehand in Miami and Chicago. Sydell will collaborate with MGM Resorts on the property-wide transformation of all public and guest spaces, including the food and beverage offerings, of both hotels.
Park MGM is a new concept by MGM and Sydell, conceived to target a younger, well-traveled demographic seeking unique experiences and innovative design. Park MGM will appeal to this growing audience's desire to be more social, connected and culturally aware, MGM Resorts International said.
The design of Park MGM, an approximately 2,700-room luxury resort, will aim to build upon the property's history, incorporating its European design influences while retaining a connection to The Park next door. Park MGM's design will reflect a residential feel signature to Sydell Group hospitality experiences Park MGM's food & beverage program will incorporate a full-scale Eataly marketplace, as well as concepts custom tailored for the design and ethos of the resort.
The NoMad Las Vegas
The NoMad Las Vegas will draw upon the success of the original, with 292 guestrooms and suites; a dedicated drop-off, lobby, and swimming pool; as well as NoMad gaming, eating and drinking experiences. Sydell Group will once again team up with Chef Daniel Humm and restaurateur Will Guidara, the creative and culinary forces behind The NoMad restaurant in New York and Eleven Madison Park, one of the only restaurants in the country to receive 3 Michelin stars and the only restaurant in America in the Top 10 of the San Pellegrino list of the world's best restaurants. The NoMad Las Vegas design will be a collaboration between Sydell Group and French designer Jacques Garcia, the designer behind Parisian hotels such as Royal Monceau and Hôtel Costes.
Construction at Park MGM and The NoMad Las Vegas is expected to commence in late 2016 and conclude in late 2018.