(Las Vegas, NV) — An industry-leading hospitality company that develops, manages and operates award-winning hotels, restaurants and nightlife, announced that they will officially break ground on SLS Las Vegas, formerly the Sahara.
SBE will redevelop the property and is expected to bring $400 million into the local economy, as well as create a projected 8,600 jobs.
SBE has owned and operated the property for seven years, four as the Sahara, and during that time has grown into a national and international hospitality company. Having built a reputation for successfully re-imagining historic structures and helping to rebuild iconic neighborhoods, sbe will employ its philosophy of adaptive reuse in redeveloping the property, an approach the company pioneered in Los Angeles and Miami.
SLS Las Vegas will offer four nightlife experiences, including a reinvention of sbe’s original nightlife concept, Shelter, and The Sayers Club, regarded as Los Angeles’ most exclusive live music venue. The property also will offer a 10,000-square foot Fred Segal retail experience, featuring seven Fred Segal-branded boutiques, with a wide range of stylish merchandise across various categories. Fred Segal will be the exclusive retailer for SLS Las Vegas.