Las Vegas: Developer outlines plans for $850M resort on former Clarion site Eli Segall, Las Vegas Review-Journal · January 7, 2021 at 4:09 pm After a history of name changes, new owners and, finally, an implosion, a plot of land just east of the Strip is slated to get a luxury hotel. Developer Lorenzo Doumani held a media event Wednesday to discuss plans for his resort project Majestic Las Vegas. He said he expects to break ground on the 720-room hotel in late summer or early fall and finish in 2024. The roughly $850 million project at 305 Convention Center Drive will not have a casino and is aimed at business travelers. It is across the street from the newly expanded Las Vegas Convention Center and slated to feature 35 corporate suites, offered for sale from $10 million to $100 million, spread among the tower’s top 10 floors.