Stalled By Recession, SkyVue Property Up For Sale

Published November 30, 2015 at 7:57 PM PST

By Fuzheado (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons — The SkyVue project was supposed to be another observation wheel on the far south end of the Strip; however, the project never got off the ground.

The SkyVue Ferris wheel was just one project to be built on rundown property across from Mandalay Bay.

Real estate investor Howard Bulloch also received approvals for an amusement park.

Bulloch got as far as building two towers for the SkyVue wheel, but then the recession forced him to suspend his project.

So now the south Strip property consists of two towers sticking out of the ground and little else. The 38-acres of prime Strip property are also for sale, according to the Las Vegas Sun.

Eli Segall, business reporter, Las Vegas Sun.