According to Vegas-based land developer Howard Bulloch the huge Ferris wheel will be just one part of a $100 million, 40-acre project that will also feature new retail, entertainment, and restaurant space across from the Mandalay Bay on Las Vegas Boulevard. The "Skyvue Las Vegas Super Wheel" will be the the main attraction at the center of the project.
According to Bulloch:
"Skyvue Las Vegas will complement both the hospitality and entertainment industries... This world class attraction fills a niche in our economic recovery, creating jobs and offering a new and unique entertainment offering for the tourist base."We say: It's great to have a new "big" construction project going on in our city. We definitely need the jobs and a cool, unique tourist attraction is always a good thing. But does Vegas really need more retail space? Stores are already shutting down left and right here. Unless the economy drastically improves before the project is finished (not likely in just 2 years) we don't see the new shopping area doing too well.
Also, what the heck ever happened to building a new water park in this unbelievably hot desert city?? They shut down the only one we had -- Wet & Wild -- way back in 2004. We think a new major water-focused project on or near the Strip is WAY overdue...
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