As reported by: KTVU
The year 2006 will most likely be the last for Vegas visitors to grab a piece of Stardust.

The Stardust Hotel and Casino, in business since 1958, will close later this year and be torn down in 2007 to make way for a $4 billion development to be called Echelon Place, it was announced last week. The 60-plus acre project from parent company Boyd Gaming will contain a grand total of 5,300 hotel rooms operating under four different banners.

The first, and by far the biggest, is the Boyd-owned and operated Echelon Resort, a $2.9 billion hotel and casino that will feature 3,300 rooms -- 2,600 "standard" units in one tower and 700 suites in a second.

Next will be a Las Vegas version of the chic Los Angeles hotel the Mondrian that will feature 1,000 rooms and a separate check-in, pool, restaurants, bars and more.

The same group that is creating the Mondrian will also create a 600-room Delano hotel, patterned after the South Beach resort of the same name.

Finally, one of the leading hotel groups in Asia will build a 400 room Shangri-La hotel, complete with a 20,000-square-foot casino.

At the center of all of this accommodation madness is a massive casino and entertainment facility. It will feature 140,000 square feet of casino space (that's second only to MGM Grand on the Strip), a 350,000-square-foot shopping facility (roughly the same size as Venetian's Grand Canal Shoppes), a 4,000-seat theater for major productions and concerts, a 1,500-seat theater for smaller events, 1 million square feet of convention space, a giant pool and recreation area and another spa.

The Echelon hotel rooms will most likely be built on top of the casino, as is tradition, with the other hotels popping up elsewhere on the property but with access to the central entertainment complex.

The whole thing will be an upscale development, going after the high-priced luxury market that is almost completely ignored in Las Vegas these days -- unless you count Bellagio, the Venetian, Caesars Palace, Wynn Las Vegas and just about every other hotel being built in the city. Boyd Gaming insists that the middle-market will not be ignored in Echelon and future developments, but from what they're saying about the place you better start saving your money now.
Article By: KTVU