July 04, 2000
Las Vegas Sun
LAS VEGAS (AP) - A real estate developer says only 16 Desert Inn Estates homeowners have refused an offer to buy
their land surrounding the historic Desert Inn hotel-casino.
If they don't sell, that won't stop new owner Steve Wynn's plans to redevelop the 218-acre property, said Irwin
Molasky, who built many of the country club community's homes 40 years ago.
Wynn has said he will close the hotel-casino by Aug. 30 and the golf course next year.
Tentative plans call for separate resorts at the corners of the Strip property. Included in the plans are two
59-story hotel-casino towers surrounding a 30-acre lake.
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