(Las Vegas, NV)  —  The now-closed Sahara hotel is a step closer to reopening with a new look and a new name.  The “Review-Journal” says the current owners have secured $300-million in financing to turn the north Strip resort into SLS Las Vegas.

Plans call for stripping down two of the three hotel towers and tearing down a low-rise building, starting this summer.  The resort will have 1600 rooms when work is completed in 2014.  The Sahara, which first opened in 1952, closed its doors nearly a year ago.


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