Finance

Tropicana Las Vegas Location, Address, and Property Details

The Tropicana Las Vegas is located at 3801 Las Vegas Boulevard South, Las Vegas, NV 89109, at the southeast corner of the Las Vegas Strip. The property sits on a 21-acre parcel...

Mara Ellison
Tropicana Las Vegas Location, Address, and Property Details

Tropicana Las Vegas Location and Address

The Tropicana Las Vegas is located at 3801 Las Vegas Boulevard South, Las Vegas, NV 89109, at the southeast corner of the Las Vegas Strip. The property sits on a 21-acre parcel bounded by Las Vegas Boulevard to the west, Tropicana Avenue to the north, and residential and commercial corridors to the east and south. The site is part of the central Strip corridor, positioned between the MGM Grand and the New York-New York, with direct pedestrian connections to the Strip and nearby transit corridors. The Tropicana is one of the oldest operating resorts on the Strip, with its original hotel tower dating to 1957, and the property has remained a visible landmark in the southern Strip for over six decades. The location places the Tropicana within walking distance of major attractions, convention facilities, and high-traffic tourist corridors that drive visitor volume across the Strip. The Tropicana Las Vegas location is also served by multiple major roadways, including Interstate 15 and Las Vegas Boulevard, providing vehicle and transit access from the Las Vegas metropolitan area. For more details on the property boundaries and zoning, see the Clark County Assessor records and the Las Vegas Convention and Visitors Authority visitor guides Las Vegas Convention and Visitors Authority.

Ownership, Redevelopment Plans, and Financial Context

In 2024, the Tropicana Las Vegas property was acquired by a joint venture led by investors planning a large-scale redevelopment of the site, with the existing resort structures slated for demolition and replacement by a mixed-use project. The redevelopment plans include new hotel towers, residential units, retail space, and entertainment venues, with the goal of repositioning the Tropicana Las Vegas location as a modern, high-density destination on the Strip. The acquisition price and specific financial terms of the transaction were not publicly disclosed in full, but the deal reflects the broader trend of capital investment in Strip real estate as operators pursue redevelopment of older properties. The Tropicana property is one of several aging Strip assets that have been sold or are under redevelopment pressure as companies seek to maximize land value in the central and southern Strip corridor. For background on Strip redevelopment trends and major acquisitions, see the Forbes coverage of Las Vegas real estate and the SEC filings related to major gaming and hospitality REITs Forbes. The redevelopment timeline and project phases are subject to regulatory approvals, financing, and construction schedules, with the Las Vegas Strip Land Use Plan and Clark County planning documents governing the scope and density of the new development.

Nearby Landmarks, Transit Access, and Economic Impact

The Tropicana Las Vegas location is adjacent to several major Strip landmarks, including the MGM Grand, the New York-New York, and the Park MGM, creating a dense cluster of hospitality and entertainment properties in the southern Strip. The property is served by the Las Vegas Monorail, which runs along the eastern side of the Strip, and by RTC Southern Nevada bus routes that connect the Strip to downtown Las Vegas, the airport, and surrounding residential areas. The Tropicana is also within close proximity to the Las Vegas Convention Center and the Strip venues that host major entertainment residencies, sporting events, and conventions, which collectively drive significant visitor spending and tax revenue for the region. The redevelopment of the Tropicana site is expected to add new hotel rooms, residential units, and retail space, contributing to the ongoing evolution of the Strip as a mixed-use destination that blends gaming, hospitality, retail, and residential functions. For more information on Las Vegas tourism statistics and economic impact, see the Las Vegas Convention and Visitors Authority reports and the Nevada Office of Economic Development data Nevada Tourism. The Tropicana Las Vegas location remains a key parcel in the Strip real estate market, with its redevelopment

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