|Artist renderings of the Skyvue Las Vegas Super Wheel|
(images: Compass Investments)
Plans for the $100 million project will include a roller coaster and 200,000 square feet of retail, restaurant and entertainment space. Skyvue, on an 11-acre site being cleared this week, will rotate perpendicular to Las Vegas Boulevard and offer an unobstructed view from each of the 40 gondolas. Each gondola will hold up to 25 passengers and be available for private events. It should be noted that Caesars Entertainment Corp is planning a viewing wheel as part of its Linq project located behind several hotels on the Strip.
The developers cite one reason the project will be successful is the London Eye attracts 3.5 million visitors per year. The Federal Aviation Administration is reviewing plans to determine if the wheel's height may interfere with flights at McCarran International Airport located nearby. Let's see if developers will figure out a way to place slot machines in each gondola.