This is the first major construction planned since 2007, since the bottom fell out of the Vegas real estate market.
The Linq will be a shopping and entertainment area across the street from Caesar's Palace. There will not be any new casinos or hotel rooms.
http://www.lasvegassun.com/news/2011...strip-project/
http://www.vegasinc.com/news/2012/ja...g-along-strip/
O'Sheas is going to be demolished on April 30th.
It will be rebuilt inside of the Linq project.
The whole thing will cost $550 million bucks, or about equivalent to two average high stakes poker pots in Macau.