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$100 million Hakkasan to open at MGM Grand

20 March 2013

LAS VEGAS -- One of the Strip’s most expensive nightclub projects will debut next month.

Angel Management Group announced the opening schedule Tuesday for the Hakkasan Las Vegas at the MGM Grand Las Vegas.

The $100 million construction project removed the location of Studio 54 at the front of the hotel-casino for the development of a five-level restaurant and nightclub, that will offer indoor and outdoor views of the Strip.

The construction project expanded the space and redeveloped the front of the MGM Grand, which is owned by MGM Resorts International.

The Hakkasan nightclub portion of the facility will open April 18. The 10,000-square-foot nightclub will include different experiences and celebrity entertainment, including electronic music headliners Tiësto, Calvin Harris, deadmau5 and Steve Aoki.

The modern Cantonese cuisine restaurant, which will be overseen by Chef Ho Chee Boon, opens May 3.

“After more than two years of hard work and intricate planning, we are thrilled to open the venue and see our guests’ reactions,” Angel Management CEO Neil Moffitt said in a statement.

Hakkasan Las Vegas will have levels, including the restaurant, private dining room, “Ling Ling” level, main nightclub, pavilion and mezzanine. The private dining room on the second level overlooks the main room.

Hakkasan Ltd. of London will operate the restaurant. The company has restaurants in Miami; Abu Dhabi and Dubai, United Arab Emirates; Mumbai, India; and New York. The restaurant-nightclub is the company’s first venture in Las Vegas.

“It’s been a thrilling process to fuse our award-winning dining program with immersive nightlife elements to create an all-encompassing venue for our foray into Las Vegas,” Hakkasan Ltd. CEO Didier Souillat said in a statement.

In an interview following last month’s fourth-quarter earnings release, MGM Resorts Chairman Jim Murren cited the Hakkasan project as one of the key capital expenditures the company is undertaking on the Strip this year.

“We’re reinvesting in our assets to drive a higher return,” Murren said.
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