The Siegel Group is asking Clark County commissioners to approve temporary events and exhibitions on nearly 10 acres of land it owns along the north end of the Las Vegas Strip. The county commission is scheduled to consider the proposal Wednesday.
Investor Steve Siegel purchased the property, which spans both Las Vegas Boulevard and Convention Center Drive, for $75 million in spring 2022. At the time, he outlined plans for a potential hotel-casino, condominiums and retail development, but no construction has begun.
According to a county staff report, the site would host exhibitions tied to the neighboring Las Vegas Convention Center, as well as food truck events, entertainment and other gatherings. The application covers land on and near the north edge of the Strip.
Michael Crandall, chief business officer with The Siegel Group, said the firm "applied for a temporary use so the property can be put to productive interim use while longer-term planning continues." He added that the application is moving through the normal process and the company has nothing further to share at this time.
Siegel, founder of the Las Vegas-based real estate firm, is best known for his chain of low-priced Siegel Suites apartment buildings. The 2022 purchase gave him more than 12 acres of contiguous real estate along Las Vegas Boulevard and Convention Center Drive. His holdings also include a restaurant portfolio through Amazing Brands, which acquired the Hot Dog on a Stick chain out of bankruptcy this year for $8 million.
Sources: Las Vegas Review-Journal
Original reporting: Las Vegas Review-Journal →
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