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The Palazzo Hotel History and Development

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Origins and Construction: The Palazzo is a luxury hotel and casino located on Las Vegas' Paradise Strip
Construction began in September 2004, opening in January 2008
Project cost $1.9 billion and features 3,066 suites in 50-story tower
Site previously housed Tam O'Shanter motel from 1959
Design and Features: Designed by HKS Architects with minimal Italian theme
Features 105,000 sq ft casino and 875,000 sq ft Grand Canal Shoppes
Received Silver LEED certification in 2008, largest certified building worldwide
Includes Waterfall Atrium with seasonal decorations
Business Development: Initially featured multiple restaurants including Woo and Dos Caminos
Added Lavo nightclub in 2008, later replaced by Lagasse's Stadium
Housed three steakhouses, including Carnevino by Mario Batali
Theater opened in 2008, hosted various musicals including Baz
Recent Changes: Sold to Apollo Global Management and Vici Properties in 2022
St. Regis Residences project suspended due to economic uncertainty
Fontainebleau Las Vegas completed in 2023, replacing Fontainebleau tower