sbe Breaks Ground on SLS Las Vegas Project

 

Las Vegas Stripsbe said it will officially break ground on SLS Las Vegas.  

Scheduled to open in fall 2014, the redevelopment of SLS Las Vegas is expected to infuse $400 million into the local economy, as well as create a projected 8,600 direct and indirect jobs. Stockbridge Capital Group of San Francisco is an equity partner in the project.   

“We’re very excited to deliver a new idea to Vegas in terms of brands, approachability, operations and infrastructure, and to achieve our goal of helping to revitalize the North End of the Strip,” said sbe Founder, Chairman and CEO Sam Nazarian

sbe has owned and operated the property for seven years, four as the Sahara, and during that time has grown into a national and international hospitality company. The company will also employ its philosophy of adaptive reuse in redeveloping the property, an approach the company pioneered in Los Angeles and Miami.

“sbe and SLS Hotels properties will be operational in every core urban market in America by the time SLS Las Vegas opens, which is an advantage no other hotel-casino owner on the Strip has,” added sbe President Sam Bakhshandehpour. “Through our strategic expansion into markets like Miami, Philadelphia, Seattle, Boston, Houston and New York, we’re able to build considerable consumer awareness for the SLS Las Vegas product on a national scale.”

SLS is a high-style collaboration between Nazarian, renowned design icon Philippe Starck, chef José Andrés and globally acclaimed Gensler Architects. Once complete, SLS will be a fully-integrated, entertainment-driven resort and casino with more than 1,600 guest rooms and suites.

Among key elements of SLS Las Vegas will be a collection of restaurant concepts including The Bazaar by José Andrés, Katsuya by Starck and Umami Burger. Also joining the restaurant collection is The Griddle Café, which boasts acclaimed breakfast, lunch, dessert and cocktail menus.  

SLS Las Vegas will offer four nightlife experiences, including a reinvention of sbe’s original nightlife concept, Shelter, and The Sayers Club, regarded as Los Angeles’ most exclusive live music venue. The property also will offer a 10,000-square foot Fred Segal retail experience, featuring seven Fred Segal-branded boutiques, with a wide range of stylish merchandise across various categories. Fred Segal will be the exclusive retailer for SLS Las Vegas.

“With our proximity to a resurgent downtown community and the convention center, and our mix of nationally relevant brands, SLS is ideally positioned to appeal to locals, destination tourists and conventioneers,” said President of SLS Las Vegas, Rob Oseland.

sbe has forthcoming hotel and restaurant projects currently in development in New York, Chicago, Washington D.C., Seattle, Philadelphia, Austin, the Middle East and Asia.

Visit sbe.com.