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HOUSE_OVERSIGHT_018747.jpg
2.43 MB
Extraction Summary
2
People
4
Organizations
4
Locations
1
Events
1
Relationships
3
Quotes
Document Information
Type:
Real estate offering (executive summary)
File Size:
2.43 MB
Summary
This document is an executive summary from real estate firm Cushman & Wakefield, presenting a 38.5-acre development site for sale on the Las Vegas Strip. The proposal highlights the site's potential for a large resort, its proximity to McCarran Airport and private jet terminals, and the overall economic growth in Las Vegas. The footer 'HOUSE_OVERSIGHT_018747' indicates it is part of a collection from a congressional investigation, but this specific page does not mention Jeffrey Epstein or any of his known associates.
People (2)
| Name | Role | Context |
|---|---|---|
| investor | Potential buyer |
The document states that 'an investor could obtain permits within approximately nine months to develop a visionary th...
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| high roller | Visitor/Gambler |
Refers to 'private aircraft "high roller" terminals adjacent to the Site' as a key feature.
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Organizations (4)
| Name | Type | Context |
|---|---|---|
| Cushman & Wakefield, Inc. |
Named as the exclusive advisor offering the property for sale.
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| Mandalay Bay Resort |
The development site is located directly across from this resort.
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| McCarran International Airport |
Mentioned as a key source of visitors and a fast-growing airport.
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| House Oversight |
Implied by the document identifier 'HOUSE_OVERSIGHT_018747' in the footer, suggesting it is part of a collection of d...
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Timeline (1 events)
Not specified
Offering for sale of a 38.5-acre development site.
Las Vegas Strip
Cushman & Wakefield, Inc.
Potential investors
Locations (4)
| Location | Context |
|---|---|
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The location of the development site.
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The property being offered for sale, situated across from the Mandalay Bay Resort.
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Airport serving the Las Vegas area, near the development site.
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Mentioned as a source of new nonstop flights to Las Vegas within three years.
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Relationships (1)
The document states Cushman & Wakefield, Inc. is the 'exclusive advisor' for the sale.
Key Quotes (3)
"Cushman & Wakefield, Inc., as exclusive advisor, is pleased to offer for sale a remarkable 38.5-acre development site on the world famous Las Vegas Strip."Source
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Quote #1
"private aircraft "high roller" terminals adjacent to the Site create a very unique opportunity to provide exclusive direct jet access points."Source
HOUSE_OVERSIGHT_018747.jpg
Quote #2
"Over 4 million square feet of new convention space and more than $6 billion of new resort, retail and entertainment developments continue to elevate the overall "Las Vegas experience"."Source
HOUSE_OVERSIGHT_018747.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (1,893 characters)
Executive Summary
The Offering
Cushman & Wakefield, Inc., as exclusive advisor, is pleased to offer for sale a remarkable 38.5-acre development site on the world famous Las Vegas Strip. Situated directly across from the Mandalay Bay Resort, an investor could obtain permits within approximately nine months to develop a visionary themed large-scale resort and gaming destination with up to 10,000 hotel rooms. An approved height allowance of up to 505 feet will make any future development on the Site the most highly visible on the Strip to the more than 42 million annual visitors travelling through McCarron International Airport. In addition private aircraft "high roller" terminals adjacent to the Site create a very unique opportunity to provide exclusive direct jet access points. Las Vegas gaming revenues, levels of new development, visitor volumes and visitor spending are all approaching record levels making the timing associated with the development of the Site extremely compelling.
Las Vegas possesses a unique international appeal that draws an incredible 3.5 million visitors each and every month. The growth in tourism is only expected to accelerate with McCarran International Airport anticipated to be the fifth fastest growing airport in the country over the next 10 years with passenger volume projected to reach 55 million. Las Vegas' growth is expected to be bolstered by a mix of additional seats by domestic and international carriers through more flights and larger aircraft and new service from international carriers including nonstop flights from China within three years. Over 4 million square feet of new convention space and more than $6 billion of new resort, retail and entertainment developments continue to elevate the overall "Las Vegas experience".
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