LAS VEGAS— Steve Wynn expects financing for his $1.63 billion Le Reve megaresort to be completed by the end of February, with construction to begin about six weeks later, according to a report in the Las Vegas Review-Journal. “Were working on financing that will be a new thing for Nevada, something that Governor Kenny Guinn would say is great for Nevada,” Wynn said. According to the report, Wynn declined to identify the financing method or the likely sources for the funding. Wynn had earlier forecast a 28- to-30-month construction timetable for his planned 2,455-room, 42-story hotel tower and a man-made lake. Under that plan, Le Reve would open by September 2004. The projects design elements are now being finalized, Wynn said, noting that he is seeking something that will draw people in from the Las Vegas Strip, and promising that the property will be distinguishable from every other property on the Strip. SOURCE: Las Vegas Review-Journal
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