Tag Archives: juniper

Juniper intends to set the cocktail requirement at Park MGM

With a name like Juniper, it’s clear that gin is the spotlight spirit at Park MGM’s brand-new craft barroom. And the timing feels perfect– the fragrant, herbaceous, quickly mixed alcohol variety is perfect for summer season cocktailing.

The new location uses a much deeper level of gin exploration and education for curious patrons and a comfortable, flexible experience for everybody else. “It substitutes that gambling establishment nightlife place, however you do not seem like, here comes 10 o’clock and I got ta go since it’s a bar, or that it’s pretentious,” says Craig Schoettler, executive director of beverage and corporate mixologist at MGM Resorts.

There’s a taste for each drinker, like an Old Made made with Whistle Pig 10-year rye and barrel-aged maple syrup ($17), but with about 80 gins on the menu, you ‘d be remiss if you didn’t attempt some. “In Las Vegas we truly have not had a venue that focuses on gin,” Schoettler says. “When you look at the timeless cocktails, the bulk have gin in them.”

New gins with sensational flavor profiles bring some of the enjoyable, like Colorado’s Spring 44, distilled from honey and utilized in the True to the Roots cocktail ($15) with fresh lemon, orange and clover honey. The very best method to begin at Juniper is a customizable gin and tonic highball. Will you choose a standard like Hendrick’s, Bombay or Tanqueray, or try something various like Boodles from England or Ferdinand’s from Germany? What type of drinker are you?

JUNIPER BARROOM Park MGM, 702-730-7777. Sunday-Thursday, 5 p.m.-midnight; Friday- Saturday, 5 p.m.-2 a.m.

Virgin Hotels, Juniper Capital Purchases Acid Rock Hotel & & Gambling Establishment in Las Vegas

New Owners Planning to Spend Hundreds of Countless Dollars to Re-Brand Home

English company mogul Richard Branson’s Virgin Hotels, along with a financier group led by Juniper Capital Partners, has actually acquired the 1,506-room, 800,000-square foot Acid rock Hotel & & Casino in Las Vegas.

The rate was not revealed.

The financial investment group includes Fengate Real Possession Investments, Dream Hard Asset Alternatives Trust (TSX: DRA.un), Cowie Capital Partners, and other private investors. Fengate is handling its financial investment on behalf of the Laborers’ International Union of The United States and Canada’s (LiUNA) Central and Eastern Canada Pension Fund.

A personal real estate fund managed by Brookfield Possession Management (NYSE: BAM) is the seller, which noted the property as a property held for sale last December. Brookfield got the video gaming and hotel home in March 2011 for $207 million, settling a disagreement with the previous owner Morgans Hotel Group. Brookfield had been a lender on the home.

The Acid Rock Hotel at 4455 Paradise Road will continue its complete operations under the Acid rock flag till Miami-based Virgin Hotels re-opens it as the Virgin Hotels Las Vegas, presently prepared for late fall of 2019.

The re-conceptualized hotel will include 1,504 rooms and suites; a refurbished 60,000-square-foot casino, several swimming pools over five acres, restaurants, lounges and bars, consisting of brand-new nightlife venues and the brand’s flagship area, the Commons Club along with meeting and convention spaces.

The purchasers prepare to spend numerous millions of dollars to revamp the guest rooms, restaurants and public spaces as Virgin Hotels makers its entryway in the Las Vegas market.

“Las Vegas has long held a special location in my heart,” stated Sir Richard Branson, creator of the Virgin Group, in a declaration revealing the acquisition agreement. “Virgin Atlantic and Virgin America have actually delighted in flying to Las Vegas for many years and I have actually always known that Virgin Hotels could prosper there also. I’m actually looking forward to painting the town Virgin red.”

Virgin Hotels presently operates a hotel in Chicago and is slated to open another in San Francisco later this year. Amongst the confirmed markets where Virgin stated it plans to open hotels are Nashville, Dallas, Washington, D.C., New Orleans, New York City, Silicon Valley, Palm Springs and Edinburgh, Scotland. The business stated it continues to explore hotel and workplace conversions in addition to ground-up advancement in other major cities, including Boston, Los Angeles, Miami, Austin, Seattle and London.

For more inofrmation on this deal, please refer to CoStar Sale Comp # 4196402.