So much for my comp'd Jacuzzi Suite!
Las Vegas Convention and Visitors Authority (LVCVA) Will Buy and Demolish Riviera Las Vegas
It’s hard to keep a secret in Vegas, and this one’s juicy. The official announcement is still a few days off, but the story behind our earlier report of the Riviera being sold appears to be coalescing. The classic Riviera Hotel & Casino is being purchased by the Las Vegas Convention and Visitors Authority (LVCVA) and will be demolished.
Our friends at Las Vegas Advisor spilled the beans about the still-unconfirmed specifics of the sale, bolstering earlier rumors about the impending sale and non-gaming use of the land after the hotel’s demise.
Details aren’t expected until the official announcement of the sale on Feb. 17, 2015, but word has it the LVCVA will demolish The Riv and expand the footprint of the Las Vegas Convention Center.
Sadness at losing an iconic casino aside, this scenario makes sense given the LVCVA’s Las Vegas Global Business District project.
A news release for the $2.3 billion project states, “Including public areas and service areas, the expansion and renovation expand the facility from its current total footprint of 3.2 million square feet to nearly 5.7 million square feet. Once construction begins, the entire project is expected to take 5-8 years to complete.” See details.
So, assuming that’s how this is going to play out, it’s time to swing by the Riviera for a keepsake chip and one last rub of those Crazy Girls cheeks.