The resort was built at a cost of $2.7 billion, which made it the largest privately funded construction project in the nation. Wynn hired Marnell Corrao Associates to design and build the resort. In June 2002, Steve Wynn filed for an IPO to help fund the project. In the end, the site acquired totaled 215 acres (87 ha). This resulted in numerous legal actions between the various parties. While some owners sold early on, others held out. The remainder of the property was acquired by purchasing private residences that were generally located along Paradise Avenue. The project included the redesigning of the historic Desert Inn golf course, which was renamed the Wynn Golf Club. The rest of the Desert Inn was imploded on November 17, 2004. To make way for the resort, the Desert Inn's main tower was imploded on October 23, 2001. The project's name was revealed on October 19, 2001, as "Le Rêve", meaning "the dream" in French. The project did not have a formal name and would be built on the site of the Desert Inn. Steve Wynn first revealed plans of a 45-story, 2,455-room, and 514-foot resort and four-acre lake in August 2001. The resort is named to the Condé Nast Traveller Gold List as one of the "Top Hotels in the World". The building is the first high-rise to be cleaned by an automatic window washing system. Wynn Las Vegas and its sister property Encore Las Vegas collectively hold more Forbes five-star awards than any other resort and casino in the world. It is considered to be one of the finest hotels in the world. Hotel ratings, as well as one Michelin star for its restaurant Wing Lei. The resort has also earned AAA five diamond, Mobil five-star, Forbes five-star, and Zagat Survey Top U.S. It has held the distinction of winning the award in the hotel sector every year since 2007. Wynn Las Vegas also made Forbes Award history by earning five-star ratings in every category: hotel, restaurant, and spa. Wynn Las Vegas and its sister property Encore Las Vegas collectively hold more Forbes Travel Guide (FTG) Five-Star awards than any other resort and casino in the world, and in 2020 were named the largest and second-largest FTG Five-Star resorts in the world, respectively. Instead, Wynn Las Vegas revamped its 18-hole championship golf course, which reopened in October 2019. The project was abandoned in November 2018. The 20-acre lagoon, boardwalk, waterfront meeting space, and other features was expected to draw additional traffic to the hotels. Wynn Paradise Park was planned to be built on the site of a golf course adjacent to Wynn Las Vegas and Encore Las Vegas. Tenants include upscale stores such as Balmain, Celine, Kiton, Stella McCartney and restaurants including Urth Caffé and Cipriani. The shopping complex moves the Wynn properties closer to Las Vegas Boulevard. The Wynn Plaza shopping complex, a large expansion of the Wynn Las Vegas and Encore Las Vegas, opened November 9, 2018. Together with the adjacent Encore, the entire Wynn resort complex has a total of 4,748 rooms, making it the world's seventh-largest hotel. It is located at the northeast corner of Las Vegas Boulevard and Sands Avenue, directly across The Strip from the Fashion Show Mall. The US$2.7-billion resort is named after casino developer Steve Wynn and is the flagship property of Wynn Resorts. Wynn Las Vegas, often simply referred to as Wynn, is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada, United States, on the site of the old Desert Inn Hotel.
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