Vegas Hotel Owner Planning to Recreate 'The Strip' on Foreign Soil

COTAI, MACAO-Las Vegas Sand Inc., the owner and operator of The Venetian Casino Resort in Las Vegas, is planning to spend up to $10-billion to recreate “The Strip” in Cotai, Macao, a Special Administrative Region of the People’s Republic of China.

Located between the islands of Coloane and Taipa, Macao consists of a peninsula connected to Mainland China and two islands, all interconnected with bridges and avenues. The design for the project was developed by Skidmore, Owings and Merrill, who envision the area as the largest destination resort in the Asia Pacific region. Jones Lang LaSalle says it is acting as the project’s exclusive advisor.

As planned, the development includes 20 mega resorts and 60,000 hotel rooms, exhibition and conference facilities, theaters, showrooms, shopping malls, spas, dozens of restaurants and entertainment facilities, including, of course, casinos. Las Vegas Sands Inc. Chairman/CEO Sheldon Adelson says the plan is to create a “Las Vegas-style strip” anchored by The Venetian Macao, which will recreate “the glamour and excitement of The Venetian Las Vegas, with the beauty of baroque Venice — the canals, gondolas, singing gondoliers and other legendary Venetian icons.”