MIND BEHIND THE MAJESTIC

Developer

Developer

Lorenzo Doumani

Continuing the Heritage of Las Vegas

Lorenzo Doumani has always been a bit of a rebel … and not just because he’s a native Las Vegan. The son of Las Vegas pioneer Edward Doumani, Lorenzo was immersed in the hospitality and development business from an early age, working every conceivable job at his family’s iconic El Morocco and La Concha Motels, designed by legendary architect Paul Revere Williams. In addition to learning the hospitality business from the ground up, he had a front row seat to the development process on the Tropicana and Golden Nugget, carefully studying and learning from such visionaries as Jay Sarno of Caesars Palace and Circus Circus, and Steve Wynn, his father Edward’s former business partner.

‘Majestic’ Origins

After graduating high school, Lorenzo moved to California to attend USC, where he earned a degree in Business Administration. Following graduation, he enrolled at Loyola Law School. After less than a year, he realized law school was not for him and moved to New York. There he worked as a producer on the Francis Ford Coppola directed film “The Cotton Club.” Next, Lorenzo headed back to Hollywood where he wrote, produced, and directed a series of low budget feature films, including “Mad About You,” “Amore” (HBO), “Follow Your Heart” (Lifetime), “Storybook” (Fox Family), and “Knockout” (theatrically released).

In 2000, he formed Majestic Resorts to redevelop the Las Vegas strip property on which the La Concha and El Morocco sat. As CEO of Majestic, he completed plans, entitlements, and funding on the proposed $650 million Waldorf Astoria condominium hotel. In October 2007, he sold the fully entitled project to developer Triple 5 for $180 million.

The Past

In 2009, Lorenzo decided to go back to school, attending UCLA and obtaining his MBA in 2011. While at UCLA, he formed numerous study and research groups to examine what was needed in the field of educational entertainment for children, something as a father of three had always been a passion of his. What resulted was the Clubhouse Children’s News Network, a commercial-free, “family safe” news, talk, and information digital network. To date, Clubhouse News (www.ClubhouseNews.com) has produced over 100 hours of educational content from its Las Vegas-based production studios.

Balancing his career between entertainment and development, Doumani was soon back in the real estate business, buying the historic Hollywood Park Hill Estate from pop star Katy Perry in 2013. The property, which was in shambles, provided Doumani the opportunity not only to restore the estate to its 1920s glory, but to reinvent it as a new LA icon in his own signature style of timeless contemporary elegance. The Park Hill restoration and redevelopment project was completed in 2016 (www.ParkHillEstate.com).

The Future

In 2014, Lorenzo purchased a 6.1 acre site on Convention Center Drive in Las Vegas, less than two blocks from the famed Vegas Strip and across the street from the new Las Vegas Convention Center, opening in 2021. He imploded the former Clarion Hotel which occupied the site in early 2015, and began developing the Majestic Las Vegas. This 720 suite, five star, non-gaming, non-smoking resort will feature six freestanding world class restaurants, 270,000 square feet of corporate Sky Suites, and a medical wellness spa that promises to be the finest facility of its kind anywhere in the world. The $850 million dollar project is a contemporary architectural masterpiece from architect Paul Steelman. The concept is both futuristic and a throwback to the classic 1960, drawing inspiration from Williams’ iconic La Concha design.

The Majestic Las Vegas will commence construction in May 2020, and is slated for completion in early 2023.

MAJESTIC LAS VEGAS is the world-class, non-gaming, luxury resort hotel that Las Vegas has been waiting for. Located on over six acres directly across from the all new Las Vegas Convention Center, and just two blocks from the famed Las Vegas Strip, the $850 million, 620 foot tall contemporary architectural masterpiece is scheduled to commence construction in May 2020 and be completed in 2023.

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Majestic Las Vegas is the world-class, non-gaming,
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skysuites@majesticlasvegas.com

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