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HOME > NEWS > Investor News > Penta takes on latest addition to Golden Nugget
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Penta takes on latest addition to Golden Nugget

9 September 2008

LAS VEGAS, Nevada -- As reported by The Las Vegas Review-Journal: "Penta Building Group is constructing a 25-story, 500-room tower at the Golden Nugget, the latest expansion of the downtown Las Vegas hotel-casino owned by Landry's Restaurants.

"The $150 million project, scheduled for completion in late 2009, features a porte-cochere entry into the lobby, a second-floor pool that will tie into the existing pool's upper deck above the live shark aquarium, and an owner's suite with observation decks on the 25th floor.

"The hotel tower will have a 3,000-square-foot Chart House restaurant with a saltwater aquarium and custom fabricated reef system.

"...Houston-based Landry's bought the Golden Nugget and its sister property in Laughlin in September 2005 for about $325 million. The company spent $100 million renovating the downtown Golden Nugget in 2006..."

 
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