Steve Wynn and Wynn Resorts discussed plans at an investor conference on Wednesday for a new entertainment destination with a 1,000-room hotel called Wynn Paradise Park, which will be built around a recreational lake concept.
Subject to approval by the company’s board, the development will include the hotel tower, a 38-acre lagoon surrounded by meetings and convention space, a small casino, and dining and nightlife. The water attraction will include daytime and nighttime entertainment elements.
The expansion will be constructed on approximately 130 acres of real estate that currently houses the Wynn Golf Club. The proposed lagoon will be lined by a white sand beach and boardwalk and feature activities including water skiing, paddle boarding and parasailing. At night, the space will transform with a fireworks display that is launched from the 120 ft. center island and surrounding areas.
Wynn Paradise Park will add 260,000 square feet of meetings space with unobstructed views of the waterfront and a variety of restaurants, including an expansion of the current Country Club restaurant.
In addition, the resort is also developing Wynn Plaza, a retail complex featuring 75,518 square feet of luxury retail space set for a fall 2017 debut.