Downtown hotel-casino plans $20M renovation

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“They come down to Fremont Street and spend about 3½ hours and visit about 3½ properties during that time. Victor, along with other panelists, talked about the state of gaming downtown and Las Vegas as a whole during their discussion. That unfortunately throttles capital projects that we would like to do – expansions and new buildings all get compromised.”
For visitors who knew The Cromwell as a compact alternative to the enormous resorts surrounding it, the basic appeal remains easy to understand. The Cromwell has transitioned into The Vanderpump Hotel, a boutique property created through a partnership between Caesars Entertainment and television personality and restaurateur Lisa Vanderpump. Caesars Palace is deep into a multiyear upgrade, while The Cosmopolitan has refreshed some of its most exclusive accommodations. Anticipate it will be so bright, the new sign will be visible from space, or Reno, whichever is farther. A longtime fixture, a Roman-themed rotunda, will also come down in the area. We mention the tariff thing because Wynn Resorts announced it is pushing back plans to renovate some of its rooms.
Drawing from recent reports and announcements, we’ve zeroed in on the top five Strip-centric projects poised to carry over into 2026. Many projects breaking ground or accelerating this year won’t ribbon-cut until 2026 or later, ensuring the Strip’s evolution spills into the next chapter of Vegas history. The gambling hall on Fremont Street has long held a special place in the city’s history since opening its doors in 1941. The expansion is being led by McCarthy Building Companies, Ike Gaming, JIVE Architecture and interior design firm Kenneth Ussenko Design, according to the release. El Cortez management wanted a more secluded and manageable filming space for high-limit slot-playing content creators who visit. They’ll also renovate 4,000 square feet of the existing casino floor and modify the existing high-limit room to be dedicated for table games. “These enhancements arrive at a pivotal moment of heightened demand from both locals and visitors to Fremont Street.
Woody said downtown isn’t trying to go head to head with the Strip, but instead focuses on what the Strip doesn’t have—history. “It’s an authentic experience that can’t be recreated by going back in time. “We’re reinventing ourselves, what the city is most known for,” Atkinson said, while touting what downtown brings to the table. A lot is “coming on the books” in 2027 and 2028 that will be a boon for the city.
The confirmed work centers on the Augustus Tower and forms part of a broader program involving renovated accommodations and new amenities. The headline project is a renovation of the Augustus Tower that will create nearly 1,000 suites. This is the kind of project that makes an old Vegas regular stop on the sidewalk, squint at the skyline and say, “Well, that sure wasn’t there last time.” Do expect major construction to remain part of the center Strip landscape. The former Mirage is still becoming Hard Rock Las Vegas, but it is not welcoming guests yet. We’d give you more details about these new projects, but all the links to the county’s Web site broke after we posted these items on Twitter.
The company operates payid online casino australia casinos in Pennsylvania, New Jersey, and Ontario, Canada, while also offering sports betting in six states through its 5 percent stake in FanDuel. The management agreement contributed significantly to Boyd’s record-breaking revenue of $3.9 billion in 2024, with management fees generating $88.4 million. Beyond Las Vegas, Boyd is also investing in a $750 million hotel-casino project in Norfolk, Virginia. Meanwhile, Joker’s Wild in Henderson will be replaced by a new casino, which will initially feature 450 slot machines and dining options.
Vice President Jeff Victor outlined plans for the company’s downtown casino properties during a recent forum hosted by the Downtown Vegas Alliance. Boyd’s online gaming segment experienced the highest revenue increase in 2024, rising 43 percent to $606.2 million. This shift in player interest, despite Nevada’s stance on online casinos, makes it essential for operators to continually invest in their properties to stay competitive.
This 43-story tower replaces a faded Travelodge and Tex-Mex dive, injecting Landry’s Inc. flair into a prime corner overshadowed by Park MGM. Detractors cite traffic nightmares and taxpayer subsidies ($380 million public funding), but the economic ripple—projected at $600 million annually in visitor spend—could justify it. The A’s stadium—affectionately dubbed “The Vault”—promises to be more than a ballpark; it’s a climate-controlled oasis challenging the notion that outdoor sports can’t thrive in 110-degree heat. By mid-2026, as the tower rises, pedestrians on the Strip will gawk at the skeletal frame, a teaser of the sensory overload to come.