Opening Date Set for Sands China’s $2.7B Macao Resort
- Aug 02, 2016
Macao, China—The Parisian Macao, complete with a half-sized Eiffel Tower replica, will open in September, Sands China Ltd., a subsidiary of Las Vegas Sands Corp., announced last week. The property reportedly brings Sands China’s total investment in Macao to date to more than $13 billion.
The French-themed property includes 3,000 guestrooms and suites, convention and meeting space, international restaurants, a spa, kids’ club, health club, pool deck with themed water park, and a 1,200-seat theater, among other amenities. Its retail mall, Shoppes at Parisian, will offer the latest in fashion and couture in a setting reminiscent of the streets of Paris and include more than 150 boutiques, according to earlier reports.
As of press time, Sands China had not responded to Commercial Property Executive’s request for additional information.
Various published reports over the past year or more, however, indicated that the project has been beset by severe delays and was originally planned to have had a partial launch in November 2014 and a full launch in March 2015. The opening date was later set for this past April.
The property, on which construction began in February 2013, reportedly has a price tag of $2.7 billion.
In Macao, Sands China owns and operates The Venetian Macao Resort Hotel, with the adjacent 15,000-seat Cotai Arena; The Plaza Macao; and Sands Cotai Central at the Cotai Strip and the Sands Macao on the Macao peninsula.