History
Boyd Gaming acquired several properties to build the resort and announced the $4 billion dollar project on January 4, 2006. It acquired the Budget Suites adjacent to the Stardust site and the land between the Stardust and the Westward Ho. On October 2, 2006 Boyd Gaming acquired 24 acres (9.7 ha) of land adjacent to the site from Harrah's Entertainment in exchange for the Barbary Coast Casino.
Boyd Gaming announced the Echelon project on January 4, 2006. On November 1, 2006, the Stardust was closed and was imploded on March 13, 2007.
On August 1, 2008, Boyd Gaming announced a 3 to 4 quarter construction delay of Echelon. After a further downturn in Boyd's profits in 2009, the company delayed construction for another three to five years.In 2012, Boyd Gaming stated that it still intended to finish Echelon Place and that it was determined to have a place on the Las Vegas Strip.
Read more about this topic: Echelon Place
Famous quotes containing the word history:
“Psychology keeps trying to vindicate human nature. History keeps undermining the effort.”
—Mason Cooley (b. 1927)
“Those who weep for the happy periods which they encounter in history acknowledge what they want; not the alleviation but the silencing of misery.”
—Albert Camus (1913–1960)
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (1826–1877)