To be exact, the FAA approved height allowance is 505 feet fronting Las Vegas Boulevard and decreasing to 354 feet on the eastern portion of the site.

Source: https://images1.loopnet.com/d2/wstg9pWkm29Lud56-1rbKoLKdZrqznbkNC2_62T28LA/document.pdf
This documents contains a lot a details about the site including APN and street address of the parcels. Current registered owner is DESERT LAND L L C.

From FOX5 report February 2020: The wheel was designed (and was approved by Clark County in 2011) to stand 500 feet tall and would have featured the world’s largest high-definition LED display. That’s better than 45 stories tall and it’s within walking distance to Allegiant Stadium. Someone’s going to cash in.

The height restriction is 500 feet, same as the planned ferris wheel.

You nailed it Scott, as a guy who flies for fun, the FAA is pretty evil about building in the approach path of a major airport.

Whatever goes there will have to be, by my guess, about 10 stories max. You’re on downwind for runway 01L/R and short base/final for 07 L/R.

It’s too close to the field where if something is coming in, especially in an emergency, to have a large vertical obstruction, and Vegas’s wind patterns are too unpredictable to just abandon an approach from that side.

I’m thinking low-rise commercial or a low-rise boutique hotel/condo complex. Think Jockey Club without the polyester, bad 70’s ‘staches, and blacklight scary shag. I’d bet on a “lifestyle” type complex, and since it’s a Vegas website, I’ll take odds. ??

Ha, I would think it’s a contender, but Atari Hotel sounded tall. Not sure how that would work on top of the airport.