David Mckee's Stiffs & Georges: Neverland Station?

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Neverland Station?

Posted At : August 7, 2009 08:22 AM | Posted By : D McKee
Related Categories: Colony Capital,Station Casinos,Current,The Strip,Dining

So long Viva, hello Michael Jackson?

According to NBC News, parts of Neverland Ranch are going to be dismantled and moved to -- you guessed it -- Las Vegas. Who owns Neverland Ranch? Colony Capital? Who has amassed enormous tracts of Vegas-area real estate? Station Casinos. And who is the majority owner of Station Casinos? Colony Capital.

NBC reports that New!Neverland would be (re)built "near the Las Vegas Strip." I humbly submit that now we know what "Tropicana Station LLC" is going to be and why it was shielded from the recent bankruptcy filing.

The current home of ramshackle Wild Wild West and proposed future home of $11 billion metaresort Viva, Station's Tropicana Ave. site owns the acreage Colony would need -- and no other Station- or Colony-held asset quite fits the NBC-outlined criteria. Also, if you're feeling peckish, there's an Inn 'n Out Burger across the street. (If the Fertitta clan tried to drive that away, not even their newly acquired Orange County mansions would keep them safe from pitchfork-wielding mobs.)

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Comments (Comment Moderation is enabled. Your comment will not appear until approved.)

I'm sure that someone has mentioned it before, but I've never actually read anyone say... if Viva ever happens, and it actually looks like that, blegh. What a hideous, Blade Runner-esque monstrosity.

Oh yeah, the Fertitas suck.

# Posted By John Diosdad | 8/7/09 10:50 AM

Considering that Station is upside down, owing $6.5 billion against $5.7 billion in assets, the chances that somebody will lend the Fertittas an additional $11 billion to erect Viva seem just a mite slim nowadays.

# Posted By David McKee | 8/7/09 12:51 PM

LOL! Colony Capital would have to buy the In & Out company to get that site. It's their number one store in sales. It does soooo much business, that they purchased the building to the north about ten years ago just to store the food it needs to supply the burgers.

# Posted By David Howes | 8/7/09 1:13 PM

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