Just hours after the scheduled implosion of the historic Tropicana Hotel on the Las Vegas strip Wednesday morning, a panel of commercial real estate experts presenting at the NAIOP CRE.Converge conference one mile away emphasized that the real estate future of the famed strip is limitless.
The panel in fact used the demolition of the Tropicana as a case in point showing how the strip is constantly being reinvented; the site is now the future home of a professional baseball stadium for the future Las Vegas Athletics.
It may seem like the strip is confined by its geography and the expansive resorts occupying parcels that have hundreds of acres. But the panel said that growth will make it unrecognizable in 20 years.
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