When the T-Mobile Arena opened in spring 2016, MGM Properties banked on using their prime location next to the 20,000-seat entertainment complex to entice event-goers to stick around before and after the show. “The Park” is an outdoor avenue of bars, hip eateries, desert landscape, fountains, and sculpture. As MGM’s newest mixed-use facility, The Park enclosed by the Arena to the West and New York New York and Monte Carlo resort/casino properties to the south and north, respectively. With The Park now open, MGM Properties has moved next door to an even larger and far more ambitious project: a $450 million renovation and re-branding of the Monte Carlo.
The Monte Carlo joined Las Vegas Blvd. in 1996 as one of the largest and most ornate properties on the Strip. Since then, it has faded into relative obscurity as larger and more modern developments have drawn luxury tourists and high-rollers away from the Monaco-themed mega-resort. A 2008 fire on the Monte Carlo’s roof and top 6 floors afforded MGM the opportunity to do a small-scale renovation, which it branded “Hotel 32.” Named for the resort’s penthouse level, the “boutique hotel” was designed as an exclusive collection of 50 ultra high-end suites, each with a dedicated butler and concierge and only accessible via a private elevator. As Monte Carlo’s “hotel-within-a-hotel,” Hotel 32 was at the forefront of the boutique accommodations industry, a concept that it intends to keep–and build upon–with its renovation.
Chosen to partner with MGM on the Monte Carlo renovation, New York City’s Sydell Group takes retro architecture, original artwork, custom European design and marries it with modern flare and conveniences. MGM will essentially be turning the Monte Carlo into two properties (think Mandalay Bay and Delano or Caesar’s Palace and Nobu). The plan for the larger of the two properties is to infuse new life into the existing architecture and design of the Monte Carlo’s 2,700 guest rooms, branding the main hotel, “The Park MGM.” In addition the the guest room makeovers, the Park MGM will be one of the first US locations of the “Eataly” restaurant chain–a curious hybrid between a fine Italian restaurant and a deli lunch counter serving fine imported Italian meats and cheeses.
The plan for Monte Carlo’s old Hotel 32 space will be for replicate it’s New York City NoMad boutique hotel concept, where Sydell Group lovingly restored a turn-of-the-century building curated to appeal to the tastes of the younger, affluent tourist. Touches such as down comforters and mahogany wood desks adorn the well-appointed guest suites. The 292-room NoMad Las Vegas will be modeled similarly to NoMad in New York, and will be entirely self-contained from the rest of the hotel with its own valet, check-in, swimming pool, casino and dining options. Most notably, Chef Daniel Humm is slated to launch an outpost of his 3 Michelin-starred Eleven Madison Park.
The Park MGM and NoMad Las Vegas are slated to open in late 2018.
