Casino operator Park Place Entertainment stepped before city planners on Feb. 22 seeking approval to build a new 30-story, 864-room tower at Caesars Palace Resort in Las Vegas.
With the addition of a 400-foot tower, Caesar's total number of rooms will be more than 3,300.
According to Park Place's application, the new tower will also include 320,000 square feet of space for restaurants, shops, conference rooms, showrooms, and underground parking lots.
Scott Laporta, Park Place's chief financial officer, said the company wants to begin building the tower in the second half of this year, and complete it in the first half of 2003.
According to information submitted to the planning committee, the tower and related low-rise building will be to the southeast of Caesars Real Estate, which has a front face on Flamingo Road. It will be connected to an existing pedestrian bridge, connecting to the Bellagio and Flamingo-Barbari coast.
Earlier in January, the planning committee approved Parkplace's request to add 10 luxury villas inside a 90-foot-tall, five-story building related to the spa at Caesars Real Estate.
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Park Place acquired Caesars in 1999 as part of its $3 billion acquisition of Caesars World Inc. Prior to that, the property's former owner added a 1,134-room tower in 1997. Following the sale, Park Place modernized the exterior of the property's 34-year-old tower.