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Glendale’s New $1 Billion Beach Resort Taking Shape
The anticipated opening date for the $1 billion resort VAI Resort in Glendale’s sports and entertainment district has been pushed back, but significant progress has been made on the overall site, the main hotel and Mattel Adventure Park.
The Phoenix Business Journal reports the new resort has an opening date of 2024 as the developer continues making progress on construction. The developer says they are at about 40% progress (see picture) on the project. VAI Global Development, which is owned by Fisher Industries, is developing the 60-acre project along the Loop 101 just south of State Farm Stadium. It will be operated by Epic Resort Destinations.
VAI is expected to be the largest resort in the state’s history once fully built out, similar to a Las Vegas-style concept. It will feature more than 1,100 rooms with suites and villas, a 5-acre water feature, a large music and entertainment venue, 12 signature restaurants, 10 bar and lounge areas, high-end shopping, a luxury spa, a nightclub and the first ever Mattel Adventure Park.
- ◦Development