The Israeli buyers, Astral Hotels founders Asher Gabay and Benny Zerah, haven’t said what exactly they would build or when they would start. Properties include the abandoned, 1950s-era White Sands motel, the boarded-up Laughing Jackalope tavern, and a long-mothballed Ferris wheel project that consists of two giant concrete columns sticking out of the ground. Out there, the west side of Las Vegas Boulevard has Mandalay Bay, Delano Las Vegas and Luxor, but the east side of the street seems almost cursed, given its history of failures.
Like practically everywhere else in the Las Vegas Valley, the south Strip has a long track record of developers pitching massive projects and never following through. They can only hope the project turns out better than past attempts to build big in the area. Cannon Las Vegas Review-Journal a move that could pump more life into the south Strip, Israeli hoteliers this month bought the 1960s-era Motel 8 and plan to tear it down to build a casino. The partially built SkyVue observation-wheel project across the Strip from Mandalay Bay in Las Vegas Thursday, July 2, 2018.
