The owners of the Sahara Hotel & Casino in Las Vegas obtained $300 million in funding to redevelop the landmark property into a resort that will be called SLS Las Vegas.
The 1,600-room hotel, located on the north end of the Las Vegas Strip, will be renovated by the Gensler architecture firm with interior design by Philippe Starck, said Sam Nazarian, founder and chairman of SBE Entertainment Group LLC, which owns the property with Stockbridge Real Estate Funds of San Francisco.