Transformation Underway at Older Downtown Property - 8 News NOW

Transformation Underway at Older Downtown Property

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The media was given a tour at the Downtown Grand. The media was given a tour at the Downtown Grand.

LAS VEGAS -- The transformation of the former Lady Luck Hotel & Casino in downtown Las Vegas is underway. It will re-open by the end of 2013 with a new name and a new look.

Operating managers at Fifth Street Gaming say Third Street will emerge as a metropolitan center when the Downtown Grand Hotel & Casino opens.

Construction at the Downtown Grand isn't a pretty sight yet, but for some it's exactly what is needed.

"I think this is where the action is. This is where there are a lot of new people moving into the area, I think this is an area that's growing, obviously, look at all the construction,"
said Rushika Fernandopulle is a physician who is moving his practice from Boston, Massachusetts to downtown Las Vegas.

"I've been coming here regularly for two or three years and you can see a difference almost every couple of weeks."

The hotel will employ about 750 people. It's two towers will house 650 guestrooms. Members of the media got a tour of the construction site Tuesday.

"You can imagine this will be the hotel lobby, an amazing space you'll be able to enter directly from the pedestrian Third Street," said Zachary Conine the chief operations officer for Downtown Grand.

Leaders at Fifth Street Gaming showed off two room models and pictures of 17 bars and restaurants set to open in the surrounding area. They hope the area will become a place that attracts locals.

"With everything that's going on downtown and all the opportunities, it's just really exciting to be a part of the urban core. I think this year it's going to be monumental in terms of how it leaps forward," Fred Mossler with Zappos, Inc.

The hotel, along with much of downtown, is a work in progress.

"I think it's rare in the country where you can see things transforming in front of you," said Fernandopulle.

Third Street is a private street and some managers say they're considering putting games outside so people can play outdoors.

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