After more than 20 years on the Las Vegas Strip, the Monte Carlo is no more. Overnight the resort was officially rebranded as Park MGM.

The overhaul was announced in 2016 as part of a $550-million renovation project.  MGM Resorts International says the resort will have a new look and new attitude, geared toward attracting a younger crowd with a taste for more modern, expensive tastes.

The new resort will cater to entertainment. The centerpiece of the project, the Park Theater, opened in December of 2017.  Park MGM will also include 77,000 square feet of meeting rooms, which should be open by this fall.

The Monte Carlo was built on the site of the Dunes Casino golf course.  Mirage Resorts purchased the Dunes and the golf course in 1992, and closed the resort shortly after.  Construction of the new project started in the spring of 1995.  The Monte Carlo opened its doors June 21, 1996.

The Monte Carlo was in the first wave of modern mega-resorts, including other Strip heavyweights, such as The Mirage, Excalibur, MGM Grand, and Treasure Island.  Over the years it has hosted several headlining shows, including magician Lance Burton, Jabbawockeez, and Blue Man Group.

Construction of the Park MGM is expected to finish by the end of 2018.