Elvis is alive...sort of

The King of Rock n' Roll is coming back to the Strip, kinda. As a part of a new hotel/casino, according to Fox News:

The company that owns the licensing rights to the name and image of Elvis Presley is continuing with plans to build a casino devoted to the King on the Las Vegas Strip

Now this is only in development. So it's 50/50 whether this actually happens. More from the article:

The project is scheduled to begin construction in the first quarter of 2009 with a completion date of late 2012, the filing said.

First phase plans include an "Elvis-inspired" luxury hotel and casino and a separate hotel-condominium. FX will own and operate the 2,269-room hotel and 93,000-square-foot casino.

A separate project, with 778 hotel rooms and 147 condominiums, will be operated by a joint-venture partner.

A 206,000-square-foot convention space, retail space, restaurants and showroom also is planned.

Developers hope to tap into the market for Elvis-themed weddings with several wedding chapels, a bridal and flower shop, and wedding reception and banquet areas.

An interactive multimedia Elvis experience, a boutique and an Elvis memorabilia store are also planned for the project.

Wonder what it's going to be called. Graceland West? But when coming goes up, then something must go away.

The site is currently occupied by several retail store and restaurants, including the Harley-Davidson Cafe and Smith & Wollensky. It generated $21.4 million in revenue for FX mainly through rental income.

Too bad, I like both places. Some projects sound promising, but this is a little blah.