Crown Acquisitions, the holding company that will pay Wynn Las Vegas $472 Million for a 49.9 percent stake in the property’s current shopping Esplanades and its new Strip-front Plaza, is gearing up to make a big return on its investment by inking some very cool leases.
Sources say that famed New York restaurant Cipriani, which started as Harry’s Bar in Venice before developing into a global hospitality brand, will be coming to the luxury resort. The Italian eatery is known for power lunching, celebrity sightings and hosting some of Manhattan’s top charity galas.
The rumor mill is also churning with news that LA’s Urth Caffé will take up residence at Wynn. The Melrose original has already launched half a dozen successors and soon, Las Vegas will understand why this is one of the City of Angels’ top coffeehouses and casual dining spots.
And among all these culinary mumblings, let’s not forget that the primary mission of Wynn Plaza is to proffer retail therapy. Las Vegas could be getting Kith. The ultramodern, collaborative streetwear boutique has a strong emphasis on all that is edgy but muted.
In a statement, Wynn has confirmed the fiscal details of the Crown partnership, but at the time of this publication, no official comment has been made on any of the lease projects.