Where else but in gaming can a symbol of capitalism gain the blessing of a communist government?
That’s exactly what will occur next year when MGM Resorts International and Asian Coast Development (Canada) Ltd. (ACDL) unveil the spectacular MGM Grand Ho Tram, Vietnam’s first large-scale integrated resort. A major role will be played by Steelman Partners—as the architect and in the areas of interior and lighting design, as well as a principal—for this historic endeavor. In 2008, the Vietnamese government awarded Asian Coast Development the first license to build a gaming resort. At least five more have followed, but this is billed as the signature architectural piece to announce Vietnam’s leap into gaming.
MGM Grand Ho Tram will be the first component of the $4.2 billion multi-site property. Ho Tram Strip resort complex will be built along pristine beaches overlooking the South China Sea. It will be constructed on approximately 400 acres, 80 miles from Ho Chi Minh City, the largest city in Vietnam.
The master plan consists of five stunning resorts and a gorgeous golf course set on the white sand beaches of Ba Ria Vung Tau Province. This unique development opportunity in the temperate climate of southern Vietnam parallels the early growth of Las Vegas into a premier tourist destination.
The Ho Tram Strip will combine innovative architecture with lush natural surroundings to offer an exclusive and luxurious, experience-based alternative to Singapore and Macau. The resort will feature lavish Vegas-style entertainment rooms and acres of premium shopping and exceptional recreation facilities. The 1,100-room MGM Grand hotel and accompanying VIP cabanas figure to be a testament to luxury.
Other key features include an exclusive VIP area with private lounges, high-end retail shopping and convenience retail, landscaped gardens with water features and an exclusive pool with cabanas and pool bar.
The planned second phase of the MGM Grand Ho Tram includes a further 549 guest rooms and 14 VIP Villas, bringing the total number of five-star hotel rooms to 1,100 and completing the development of the first integrated resort.
Owners: MGM Resorts and Asian Coast Development
Architect: Steelman Partners
Size: Approximately 400 acres
Total Investment: $4.2 billion