The Palazzo is Sheldon Adelson's new Las Vegas Strip megaresort being built between Wynn Las Vegas and the Venetian. While some of this information has been posted previously, some of it is new and I'll just combine it all here for your convenience.
The projected opening of the Palazzo is scheduled for the second quarter of 2007. It will contain 3,025 rooms and suites in a 50-floor hotel tower. The complex will feature a 105,000 square foot casino, similar in size to Bellagio, The Venetian and Wynn Las Vegas.
The plan includes 400,000 square feet of additional retail that will connect to the existing Grand Canal Shops.
Adelson has been saying he is going for 'Beverly Hills' and 'Rodeo Drive' ambiance. I'm not exactly sure what that is supposed to mean but he has spoken about some of the architectural features of the resort. Of particular note is the lobby, which will feature a 60-foot glass dome that contains multiple two-story fountains and marble everything.
When the Venetian was expanded with the Venezia Tower in 2004, one of the features was a 'Concierge Floor' that includes a higher level of service and a 24-hour concierge. These rooms have been so popular that the concept is being expanded at the Palazzo with over 375 planned.
The resort will also feature six villas ranging in size up to 11,000 square feet. This high end product is similar to villas at Wynn Las Vegas, Bellagio and The Mirage - long a hallmark of Steve Wynn's high roller offering. They come fully loaded with private pools, jacuzzis, massage rooms, media rooms and more.
While Adelson claims this is an all suite resort, it is the same trick they pull with the Venetian. Most of the rooms are just oversized standard rooms with a sunken living area. I don't think this qualifies as a real suite, which to me means multiple rooms.
That wraps up the info we have at this point. Here's a rendering of the resort as it stands.