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"A Group of Us are Coming to Town 11/2006...


lalate

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... and we want to check out the new spots .........

.... on Freemont Street."

We were one of the first to report on Tao before it opened. Sources now tell ****** that some of the biggest names in Los Angeles nightlife and largest recording artists of our time are all breaking ground for 2006-early 2007 opening of venues at, yes, Freemont Street. Huge money, huge names.

To be seen.

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Should be interesting. This whole Freemont renovation should be interesting in general. Being an East Coast boy myself, I remember when Atlantic City was hyping up the new casino (Borgata) in their bay section of town and how it would change service levels and reputations, etc. Yes, its opening created more traffic to that area of town, but it could never escape the inevitable bad NJ-style service and it never changed the reputation of miserable Atlantic city staff and customers. I have a hunch that no matter what happens on Freemont Street that it will always carry a stigma with it that will keep the high end business on the strip - time will tell...

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It is true that new nightlife venues being backed by big names will help to rejuvenate the Downtown Las Vegas area, but the truth of the matter is that Downtown will never be as popular as it once was. As nice as the venues are downtown, they won't be able to attract the massive crowds that strip venues pull in day after day. Something that will happen because of the new developments is that property values of downtown real estate will increase, and more money in general will be brought in their direction.

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Honestly, it doesn't matter who is part of this project, it's still in the Fremont St. area. Fremont St. might gain back some of its "pizazz" after a number of highrise condos are built, but until then, a nightclub development in that area won't compete with clubs in major casino-resorts.

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In the world of business, the business track record of person(s) attached to a project means EVERYTHING. If over an decade period everything a handful of different developers on different projects have been involved with have been huge financial successes in both less desired areas and prime areas, then its worth watching. Again, only time will tell.

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Let me give a little background about myself before I make my next comment. I got my start in the Las Vegas club scene about4 or 5 years ago as a promoter for Utopia when it was being ran by Lucid Entertainment (Brian and Jimmy Foster and their other partners Cory and Robert). I have seen clubs have tons of money poured into them and the nevertheless, they were still a substandard venue. The bottom line in the nightclub industry, at least in Las Vegas is...location, location, location. It wouldn't matter if Steve Wynn, or Donald Trump opened a nightlife venue on Fremont St., the outcome would still be the same. Some people would go, but not enough to compete with a strip venue.

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Let me give a little background about myself before I make my next comment. I got my start in the Las Vegas club scene about4 or 5 years ago as a promoter for Utopia

Thanks for your help. I'll make sure to pass along your advice to these people who have been in the business for over 30 years.

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Does not having 30 years experience in "the business" make me a "rookie?" Would having 30 years experience tell me that I should invest millions of dollars into a nightlife development in the area of Fremont St because it will be the next great thing in Las Vegas? If this is what 30 years experience would tell me then maybe I'm better off with the 4 or 5 years experience that I do have as a clubgoer, club promoter, VIP host, and not to mention, Las Vegas resident. By the way, you sure speak with great "knowledge" for someone who doesn't even live in Las Vegas.

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