However, construction was suspended on August 1, 2008, as Morgans Hotel Group and General Growth Properties could not obtain financing for their portions of the project, due to the effects of the Great Recession. Groundbreaking for the Echelon project occurred on June 19, 2007, with an opening scheduled for the third quarter of 2010. The Stardust was closed in November 2006, and subsequently demolished. The project was also to include a $500 million shopping promenade, to be co-developed and managed by General Growth Properties. Other hotels were also to include a Shangri-La Hotel and two hotels by Morgans Hotel Group: a Delano Hotel and a Mondrian Hotel. Echelon Place was also to include the $2.9 billion Echelon Resort, with 3,300 hotel rooms. Echelon Place, to be built on 63 acres (25 ha), was to include a 140,000 sq ft (13,000 m 2) casino, 4 hotels providing 5,300 rooms, 25 restaurants and bars, and the 650,000 sq ft (60,000 m 2) Las Vegas ExpoCenter. Boyd Gaming announced the project in January 2006, as a replacement for its Stardust Resort and Casino. Never opened originally planned for 2010ģ6☈′1″N 115☉′57″W / 36.13361°N 115.16583°W / 36.13361 -115.16583Įchelon (originally Echelon Place) was a proposed $4.8 billion mixed-use project that was to be built on the Las Vegas Strip in Winchester, Nevada. Echelon Place construction site, February 2013
