The Palazzo
The Palazzo in 2009.
The Palazzo is located in Las Vegas Strip
The Palazzo
The Palazzo is located in Nevada
The Palazzo
Location Paradise, Nevada, U.S.
Address 3325 South Las Vegas Boulevard
Opening dateDecember 30, 2007; 16 years ago (December 30, 2007)
ThemeItalian
No. of rooms3,066
Total gaming space105,000 sq ft (9,800 m2)
Permanent showsJersey Boys (2008–2011), Baz – Star Crossed Love (2016–2018), Six (2023)
Signature attractionsGrand Canal Shoppes
Notable restaurantsLagasse's Stadium (2009–2020)
Majordomo Meat & Fish (2019-2022)
Moon Palace (2020-2022)
Carnevino (2008–2018)
Casino typeLand-based
OwnerVici Properties
Operating license holderApollo Global Management
ArchitectHKS Architects
Renovated in2016–2018
Coordinates36°07′17″N 115°10′08″W / 36.12139°N 115.16889°W / 36.12139; -115.16889
Websitewww.venetian.com/towers/the-palazzo.html

The Palazzo /pəˈlɑːts/ (also known as The Palazzo at The Venetian) is a luxury hotel and casino resort located on the Las Vegas Strip in Paradise, Nevada. The Palazzo is part of a larger entertainment complex comprising the adjoining Venetian resort and Venetian Expo, all owned by Vici Properties and operated by Apollo Global Management. The complex ranks as the second-largest hotel in the world.

The Palazzo was developed by Las Vegas Sands as a sister property to the Venetian, which opened in 1999. Construction commenced in September 2004, and the property began a phased opening on December 30, 2007. The $1.9 billion hotel features an Italian theme, including a 105,000 sq ft (9,800 m2) casino, 3,066 hotel suites in a 50-story tower, and the 875,000 sq ft (81,300 m2) Grand Canal Shoppes.

In 2008, Palazzo became the largest LEED-certified building in the world when it achieved Silver certification from the U.S. Green Building Council. It was sold to Apollo Global Management and Vici Properties in February 2022 for $6.25 billion.

History

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Background

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The Palazzo serves as a sister property to The Venetian and was developed by businessman Sheldon Adelson through his company Las Vegas Sands. The groundwork laid for the Palazzo began in 1997 with plans to create a second resort, reputedly named Lido. Initial construction delays followed, postponing development until after the Venetian reached completion. The site previously housed motels dating back to 1949, most notably the Tam O'Shanter and Vagabond Inn, which were demolished to make way for the Palazzo.[1]

The casino's foundation commenced in September 2004. Significant excavation was undertaken for an underground parking garage with 4,400 spaces, and the total construction cost amounted to $1.9 billion.[2]

Opening and subsequent years

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The resort opened its casino on December 30, 2007, followed by a full hotel inauguration on January 4, 2008, celebrating with a grand opening from January 17-19, featuring performances by Diana Ross and Seal. By 2009, it had received the AAA Five Diamond Award and was included on Travel + Leisure's list of the world's best hotels.[3]

In late 2020, Las Vegas Sands aimed to divest its Las Vegas assets, following plans for growth in Macau. By January 2021, the sold properties, including The Palazzo, were transferred to the new owners for a sum of $6.25 billion, solidifying their presence in the Las Vegas Strip.

Features

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The Palazzo covers 7,500,000 square feet (700,000 m2) and features a 105,000 sq ft (9,800 m2) gaming area.[4] The 50-story tower is primarily an all-suite hotel featuring modern designs influenced by upscale locations like Rodeo Drive and Beverly Hills.[5]

The Palazzo showcases various luxury shopping options at the Grand Canal Shoppes, and includes the Waterfall Atrium that presents seasonal displays at no charge.[6]

Restaurants and clubs

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Since opening, The Palazzo has hosted many renowned dining establishments, featuring options from chefs like Wolfgang Puck and Emeril Lagasse. Noteworthy restaurants include Majordomo Meat & Fish, typically focusing on steak and seafood, as well as various other dining options that have opened and closed throughout its history.[7]

Live entertainment

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The Palazzo has hosted various performances over the years including the Tony Award-winning show Jersey Boys, which ran from 2008 to 2011, and most recently, Six, a musical focusing on the lives of Henry VIII’s wives.[8]

St. Regis Residences

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St. Regis Residences
 
St. Regis in 2020
General information
TypeCondominiums
Address3355 South Las Vegas Boulevard
Town or cityParadise
Cost$600 million
OwnerVici Properties
ManagementApollo Global Management
Other information
Number of units398

The St. Regis Residences at the Venetian Palazzo is an unfinished condominium project expected to consist of 398 units. Initially slated for completion in 2010, construction was suspended due to economic conditions, and the project remains on hold.[9]

See also

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References

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  1. ^ "Fare Thee Well O-Tam O'Shanter". January 12, 2004.
  2. ^ "Palazzo Praised in Early Returns". Las Vegas Review-Journal. January 19, 2008.
  3. ^ "Vegas hotels rank high on 'Travel + Leisure' best hotels list". Las Vegas Sun. August 11, 2010. {{cite web}}: Missing or empty |url= (help)
  4. ^ "A New Tower for the Las Vegas Skyline". The New York Times. January 6, 2008.
  5. ^ "Flexibility, practicality help HKS architects thrive". Las Vegas Business Press. August 31, 2009.
  6. ^ "Horticulture staff comes out at night". Las Vegas Sun. May 17, 2012.
  7. ^ "David Chang hosts preview party at Majordomo". Las Vegas Review-Journal. December 16, 2019.
  8. ^ "'Six' musical coming to the Strip". Las Vegas Review-Journal. November 16, 2022.
  9. ^ "High hopes turn to broken dreams for several local projects". Las Vegas Review-Journal. March 24, 2010.
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36°07′28″N 115°10′06″W / 36.1244°N 115.1683°W / 36.1244; -115.1683