1966 Opened - 3570 Las Vegas Blvd. S $25 M
1969 Sold to Lum's for $60 M
1970 Additions - Centurion Tower and Cleopatra's Barge Bar $22 M
1971 Corporate Name Change to Caesars World
1973 Additions - Roman Tower $16 M
1979 Additions - Fantasy Tower (Now Called Forum Tower) and Omni Max Theatre $47 M
1980-1990 Additions
1992 Forum Shops Opened $90 M
1995 Acquired by ITT for $1.7 B
1997 Addition - Palace Tower50 and Second Wing Forum Shops (250,000 sf) $600 M
1998 Sold to Starwood Hotels and Resorts for $14.6 B (includes other assets)
1999 Sold to Park Place Entertainment for $3.0 B (includes other assets)
2000 Renovations $60 M
2003 Coliseum Theater Opened $93 M
2003 Forum Shops Expansion Est. Completion Oct. 2004 $139 M
2004 Luxury Tower plus Convention & Meeting Facility Addition $376 M
2004 Opened New Pedestrian Entrance, Restaurant, Amphitheatre and Market Places $40 M
2004 Proposed $9.4 B Merger with Harrah's Entertainment (includes other assets)
2004 Forum Shops Expansion's Grand Opening $139 M
Articles from the Las Vegas ReviewJournal and Las Vegas Sun open in new windows.
August 5, 1966 - Caesars Palace
opened with 700 rooms. Caesars Palace Las Vegas has a
distinctive Greco Roman style with fountains and marble reproductions of
classic statuary. Caesars Palace now has more than 2,400 rooms and suites,
three casinos, health spa, beauty salon, and Apian Way shopping area.
The Coliseum at Caesars Palace is a $95 million, 4,000 seat super
entertainment theater which is tentatively scheduled to open in March
2003. Opening at The Coliseum will be Celine Dion. Celine Dion has
agreed to an unprecedented pact that will see her perform five nights a
week for 40 weeks a year over three years at Caesars Palace.
The deal is worth a reported $100 million. The shows, scheduled to begin
March 2003 with the opening of The Coliseum, will mix the singer's music
and an elaborate theatrical production on a vast, 22,000-square-foot
stage. The production is being designed and orchestrated by Franco
Dragone, the person behind the Cirque du Soleil productions.
Caesars Palace Las Vegas is located on the northwest corner of Las Vegas
Blvd. South and Flamingo Road.
Caesar's, Palace 3570 Las Vegas Boulevard South
Caesar's Palace opened in 1966 under the architectural design of Melvin
Grossman and it then included 680 rooms and was valued at $25 million.
From 1978-1990 the hotel underwent additions designed by Marnell Carrao
boosting it from 680 rooms to 1134. In 1996, Caesar's added a Palace
Tower expanding the casino from 1134 to 2400 rooms at 29 stories high.
This addition also boosted the value of the casino to $600 million.
Production of the casino's additional tower came from Bergman, Walls &
Youngblood, and designing architects were Wimberly, Allison, Tong, &
Goo. Caesar's now features the new Palace Tower Convention Area which
created 110,000 square feet of new conference space. It can be
subdivided in countless ways to provide banquet or meeting space for any
size group, from ten to 5000.
