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The
Palms opened on November 15, 2001 and was designed by Jon
Jerde.
In
2002, it was the resort where participants of MTV's The Real
World: Las Vegas stayed. The level they rebuilt to accommodate
MTV is now the "Real World Suite", and is available
for reservations to this day.
In
October of 2005, the second tower, dubbed the "Fantasy
Tower", opened at a cost of $600 million. In keeping
with the Maloof family's basketball interest (they own the
Sacramento Kings of the NBA and Sacramento Monarchs of the
WNBA), the new tower includes a two story 10,000 square foot
suite that includes the worlds only basketball court in a
hotel suite. The suite includes a locker room, score board
and a multi screen entertainment system. Some of the other
Fantasy rooms include the G suite, the Pink suite, and the
Playboy Villa.
The
Fantasy tower is also home to two of Las Vegas's newest entertainment
venues, Moon Nightclub and The Playboy Club.
Recently
Maloof announced a third condo tower called Palms Place to
be built on the west end of the Palms property. This third
and final tower is now under construction.
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