MGM Resorts International and New York-based Sydell Group have announced a partnership to reimagine and rebrand Monte Carlo Resort and Casino. The approximately $450-million transformation, which will touch every element of the property, will include two distinct hotel experiences: a Las Vegas version of Sydell's widely acclaimed NoMad Hotel, and the launch of a new luxury hotel named Park MGM.
In addition to fully redesigned and renovated hotel guest rooms, each hotel will feature innovative and exciting food-and-beverage experiences unique to the Las Vegas market, including the award-winning NoMad restaurant by Chef Daniel Humm and restaurateur Will Guidara; and Eataly's vibrant Italian marketplace with cafes, to-go counters and full-service restaurants interspersed with high-quality products from sustainable Italian and local producers. Park MGM and The NoMad Las Vegas become the final pieces of MGM Resorts' complete neighborhood redesign of the central Las Vegas Strip neighborhood, which began in 2009 with the introduction of CityCenter and saw the recent unveiling of The Park, an outdoor dining and entertainment district, and the new T-Mobile Arena.
Sydell Group, a partnership between investor Ron Burkle and founder Andrew Zobler, is the creator and operator of trend-setting lifestyle hotels across the country, including The NoMad in New York, The Line in Los Angeles, and Freehand in Miami and Chicago. Sydell will collaborate with MGM Resorts on the propertywide transformation of all public and guest spaces, including the food & beverage offerings, of both hotels.
Park MGM is a new concept by MGM and Sydell, conceived to target a younger, well-traveled demographic seeking unique experiences and innovative design. Park MGM will appeal to this growing audience's desire to be more social, connected and culturally aware.
The design of Park MGM, an approximately 2,700-room luxury resort, will build upon the property's history, incorporating its European design influences while retaining a powerful connection to The Park just next door. Park MGM's design will reflect a residential feel signature to Sydell Group hospitality experiences. Park MGM's expansive F&B program, featuring a full-scale Eataly marketplace, will bring interesting new talents to Las Vegas with concepts custom tailored for the design and ethos of the resort.
Enjoy our Verdure alla Piastra, a mix of 9 grilled market vegetables w/ Farro, & a Nebbiolo vinaigrette, at Verdure pic.twitter.com/hH6LAj7JSA
— Eataly NYC (@Eataly) May 31, 2016
Since opening in 2012, NoMad's New York flagship has earned many accolades for its thoughtful restoration of a turn-of-the-century Beaux-Arts building into a beautiful hotel that fuses the traditions of Europe's grand hotels with a modern approach to service. The NoMad Las Vegas will draw upon the success of the original, with a distinctive luxury experience that complements the Park MGM experience. The NoMad Las Vegas will offer a complete hotel experience, including 292 guestrooms and suites; a dedicated drop-off, lobby, and swimming pool; as well as NoMad gaming, eating and drinking experiences. Sydell Group will once again team up with Chef Daniel Humm and restaurateur Will Guidara, the creative and culinary forces behind The NoMad restaurant in New York and Eleven Madison Park.
Construction at Park MGM and The NoMad Las Vegas is expected to commence in late 2016 and conclude in late 2018.