The Elad Group, owners of the Plaza Hotel in New York City, plans to build a The Plaza in Las Vegas, a $5 billion development on the Las Vegas Strip.
The company will demolish the New Frontier Hotel Casino early next year to make way for the 34.5-acre project, which will include a hotel, convention space, residences, retail outlets, and a gaming complex.
The Plaza in Las Vegas will be located across the Strip from the Wynn Las Vegas and is expected to open by 2011.