Miami-based developer Masoud Shojaee obtained use permits from Clark County in May to build a large mixed-use development north of McCarran International Airport on the site of the former Tropicana Mobile Home Park.
The yet-to-be-named project is approved for a hotel-condominium-casino with five towers ranging in height from 240 feet to 500 feet.
The 37-acre site on Tropicana Avenue and Koval Lane was bought in May 2005 for $120 million by Shojaee through Alkimya Investments, his Nevada holding company. Shojaee is president of Shoma Development Corp., a residential builder in south Florida.
Las Vegas Review-Journal
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