Published on : Thursday, July 11, 2019
CAI Investments begins construction on a 24-Floor, 284-Room Hotel. CAI Investments revealed the future site of Las Vegas’ first Delta Hotels by Marriott, located at 3883 West Flamingo Road. Clark County Commissioner Michael Naft, CAI Investments’ founder, Christopher Beavor, and executives from Marriott International and Crescent Hotels & Resorts, posed for a ceremonial shovel dig. June 26, 2019 was officially declared ‘CAI INVESTMENTS – DELTA HOTEL DAY.’
The high-end, 24-floor hotel will offer tourists and convention guests a full-service, functional experience. It offers 10,000 sqft of meetings space for MICE planners. Delta Hotels features 1,600 square feet of retail space, along with convenient amenities including a rooftop pool, fitness center, covered parking, lobby dining bar and coffee bar. Neighboring the Harmon overpass, the unique, zero-lot-line property will provide guests unparalleled access to the Las Vegas Strip and primary convention centers.
Projected to open fourth quarter of 2021, Delta Hotels by Marriott is the final phase of CAI Investments’ 8.6-acre multi-purpose development, which began in 2017. The multi-million-dollar project also includes 27,000 sqft of retail and restaurant space with confirmed tenants including Walgreens, Del Taco, Denny’s, Wahoo’s Fish Tacos and Chick-Fil-A.
CAI Investments is focused on providing secure, attractive investment returns through the strategic acquisition and asset management of distressed real estate-based assets in strengthening U.S. Markets of stability and growth.