Report Abuse

There is no 60 story high rise going in directly in front of PT's. The land that sits in front of the resort has deed restrictions on it that control the height of any building built there and an easement to allow PT's owners access to the resort from the strip. That land has recently been sold (again) to FX Luxury Resorts. FX purchased the land from the corner of Harmon Ave. (Harley Davidson Cafe, Travel Lodge and parking lot) all the way down to Smith and Wollinski's. The have stated a desire to build a hotel/casino with an Elvis theme. My bet is it will never be built but that they'll hold the land for 2 or 3 years and sell it for a profit. Many of the units are probably for sale thanks to inept management of the resort and the special assessment that's going to run over $1,000 for owners of a 2 bedroom unit.