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New Frontier to be Imploded

Thursday, October 25, 2007

LAS VEGAS, Nevada -- As reported by the Las Vegas Review Journal: "Another well-known Strip property will soon be reduced to a tangled mass of steel and concrete.

"The New Frontier will
  be imploded at 2:30 a.m. on Nov. 13 if plans submitted to Clark County's Department of Development Services and Fire Department are approved.

"County officials have reviewed the implosion and demolition plans and the Fire Department is expected to issue permits about a week before the implosion.

"New York-based Elad Group bought the property in May for $1.2 billion and closed it July 16.

"The development group, which is controlled by Israeli billionaire Yitzhak Tshuva, plans to build a $5 billion mixed-use project modeled after New York's Plaza Hotel on the 34.5-acre site.

"The project still has to be approved by the county's planners and commissioners.

"The New Frontier will be Controlled Demolition's 16th major hotel demolition in Clark County. Prior projects include the Landmark, Aladdin, Dunes, Castaways, Hacienda, Sands and, most recently, the Stardust in March.

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