Hard Rock Expansion Plans Over

The $1 billion expansion proposal of the Hard Rock Hotel and Casino has been canceled amid rumors that owner Peter Morton is currently in negotiations to sell to an unnamed buyer. The expansion included more than 1,200 condo units, additional entertainment, and 24 acres behind the hotel which was to contain retail and pool/spas. The decision to continue the construction of the Las Vegas Condos will ultimately be that of the new owner. The rumored asking price for the deal was just below $1 billion.