Fitness chain Life Time has acquired the former Sullivan Square site in Las Vegas for $14 million. The southwest valley property, across the street from Ikea, is little more than a giant hole in the ground. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Reno businessman plans $100M investment to revitalize SLS. Alex Meruelo will invest to revitalize the SLS Las Vegas after the Nevada Gaming Commission approved his acquisition. Meruelo told the commission Thursday that he would be able to make the property profitable by investing in the upgrades and redesign. “The capital investment is something that will make a dramatic impact. Things are already turning around, and I am very optimistic,” he said.
