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Hotels Near Marriott Grand Chateau Las Vegas – Marriott’s Grand Chateau is a timeshare resort near the Las Vegas Strip in Paradise, Nevada, operated by Marriott Vacation Club. It is a 38-story tower with three wings; a fourth wing is planned.
The 3.5 acre site was previously the site of a nightclub, which opened in 1978 as Jubilation, became the Shark Club in 1988, and closed in 1996.
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In 1997, Grand Casinos had obtained an option to buy the land, with several adjacent parcels, which it hopes to develop as a major casino.
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In 2000, Lakes Gaming, which spun off from Grand Casinos in 1998, announced plans for a $700 million hotel project on the land, in a joint venture with local developer Brett Torino.
Lakes sold its interest in the project to Torino in 2001, but retains ownership of the Shark Club plot, revealing it was in talks with an undisclosed partner to build a timeshare project on the site.
Diamond Resorts International, owner of the nearby Polo Towers timeshare complex, announced plans for the Chateau in February 2002.
A later report in August 2002 described the project as a joint vture between Diamond Resorts and Lakes tertainmt (the new name of Lakes Gaming).
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Marriott Vacation Club purchased Lakes’ interest in the project, including ownership of the land, in June 2003.
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