The centerpiece of the expansion is Octavius Tower, a new $375-million, 23-story hotel building that will adjoin Augustus Tower, which opened in 2005. The second floor of the new 665-room hotel tower will be lined with pool suites overlooking three new swimming pools that will rim an expanded outdoor whirlpool spa retreat, a poolside cafe and a nearby garden wedding venue. Adjacent to the new tower will be a new 263,000-sf meeting and convention facility.

As part of the expansion, the resort's existing 512-room Forum Tower will undergo an $83-million refurbishment. Improvements will include a new front entrance and expanded valet parking, a remodeled buffet restaurant, a redesigned Cypress Street Marketplace casual restaurant and an enlarged Race & Sports Book.

Scheduled to open in the first quarter of 2009, Octavius Tower will push the Caesars Palace room count to more than 4,000. The pool expansion is slated for completion in the second quarter of 2009. The Forum Tower renovation is scheduled to be completed in January 2008.