SkyVue, slated to become the largest observation wheel in the Western Hemisphere, set its foundation on Thursday with a convoy of more than 100 trucks filling approximately 1,300 cubic yards of concrete. The new attraction, located across from Mandalay Bay, plans to open July 4, 2013.
Plans call for the wheel to tower 500 feet above the Las Vegas Strip and feature 32 24-person gondolas and two HD LED multimedia displays at the center of the wheel, each measuring 50,000 square feet, about the size of two football fields. The signs will be the world’s largest displays visible along the Strip’s three-mile stretch and beyond.
The climate-controlled gondolas will offer breathtaking views of the city skyline with each ride completing in 30 minutes. Guests will have the opportunity to rent out a gondola for private events, weddings and more, even bringing in catering services. In addition, the project will offer more than 200,000 square feet of retail space and an additional 20,000 square feet for conventions.
The project will bring more than 700 construction jobs to Vegas as well as an estimated 500 full-time positions for the entertainment, dining and retail offerings once the development opens.