Caesars Entertainment said Wednesday that it received the Amusement and Transportation System permit from Clark County, clearing the way for construction of a 550-foot observation wheel on the Las Vegas Strip.
The newly-christened "High Roller" wheel satisfied all design, construction, maintenance, operation, testing and inspection standards required by the county, the company said.
"A fabulous entertainment district in the heart of Las Vegas of the strip. It's dining and entertainment and retail all culminated by a 550-foot high wheel," said Executive Project Director David Codiga.
"Like the London Eye or the wheel in Singapore where the cabin sits 2 meters off the rim. When you are at the top of the wheel, you will be floating above the structure," said Project Engineer Jason Krolicki.
When completed, the wheel will become the centerpiece of the $550 million LINQ retail and entertainment district across from Caesars Palace. Ticket prices will be sold at a reasonable rate.
"It's very affordable and that sounds like an entire day's worth of entertainment. I'd love to do that. That's something I would come back to do," said Glenn Hawley from North Carolina.
It is scheduled to open in December 2013.
Caesars' wheel is also one of two being built on the Strip. The 500-foot Skyvue observation wheel is currently being built at the south end of the Strip across from Mandalay Bay Resort and Casino.
Skyvue is scheduled to open on Dec. 31, 2013.
Stay tuned to FOX5 for the latest on this developing story.
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