(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.