Caesars Entertainment aims to start work this month on the $500 million entertainment, retail and dining complex known as Project Linq.
This artist’s rendering shows one of 32 cabins on the proposed observation wheel of Project Linq. Each cabin would hold 30 people. COURTESY OF PROJECT LINQ
Posted: Aug. 5, 2011 | 2:01 a.m.
BY HOWARD STUTZ
LAS VEGAS REVIEW-JOURNAL
The question over competing giant Ferris wheel-type projects on the Strip comes down to who has all their bearings.
At least, that’s what developer Howard Bulloch says.
Bulloch, who is behind the Skyvue development on the south end of the Strip across from Mandalay Bay, said he has acquired the two giant 23,000-pound bearings needed to operate a 500-foot tall London Eye-style wheel that is the centerpiece of the project. He unveiled one of the bearings back in May, when he announced plans for the $300 million retail and entertainment space.
He brought up the issue of bearings on Thursday, the day after Clark County approved the land use and design for Project Linq, a $500 million complex being developed by Caesars Entertainment between the Flamingo and Imperial Palace, that includes a 550-foot Ferris wheel as its centerpiece.
Bulloch didn’t know whether Caesars had acquired their bearings.
“The two large bearings take 18 months to manufacture,” Bulloch said.
Caesars spokesman Gary Thompson said Thursday that the company is planning to reveal more details about Project Linq during a briefing on Aug. 17, including the technological aspects of constructing the observation wheel, which would be larger than the Singapore Flyer and the London Eye. The wheel’s 32 cabins will each carry up to 30 people.
Company officials told Clark County they hoped to start work on Project Linq later this month. The work will employ 3,000 construction workers; when it’s complete, it will create 1,500 jobs read more from The RJ