The developer of a 500-foot Ferris wheel and amusement park across from Mandalay Bay held a media event today to launch the project.
The Clark County Commission approved the Skyvue Las Vegas Super Wheel project in March, and today with various public officials in attendance, groundbreaking ceremonies celebrated the clearing of the 11-acre site at Las Vegas Boulevard and Mandalay Bay Road.
The Ferris wheel is being touted as the largest in the Western Hemisphere and third tallest in the world. The project is also planned to include 200,000 square feet of restaurants, retail and entertainment uses.
The wheel will have 40 heated and air-conditioned passenger gondolas that each will hold 20 to 25 passengers.
The project is led by Las Vegas developer Howard Bulloch of Compass Investments.
It is scheduled to be completed in the first half of 2013. A similar project proposed for the site stalled a decade ago.
The entire project will include 39.5 acres with 11 acres as part of the first phase. A 1950s-era motel will be demolished as part of phase one.