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“The casinos have hefty budgets,” explains Clark Wolf, who is currently
guiding restaurant expansion at Mandalay Bay. “And to reduce risk, they’re
bringing in bigger- and bigger-name chefs: Alain Ducasse, Daniel Boulud,
Joël Robuchon, Thomas Keller, and Bobby Flay are the newest arrivals. One
way for them all to compete is through spectacular design. Restaurants have
to compete with each other, of course, but also with the casinos, the
acrobats, the shows.”
Wolf also notes that, all things being equal, it can be 30 to 40 percent
cheaper to build in Vegas than in San Francisco or New York. “Casinos have
their own construction companies,” he says. “They can fabricate in the
desert and haul everything in. Much of what you find in Las Vegas is new
construction. So you’re not going into a 150-year-old building and spending
a third of your budget on demolition.” As a result, serious cash is devoted
to design — and the public is eating it up. |