The Glendale City Council has authorized the City Manager to enter into an agreement to sell 8.25 acres of city-owned land to VAI Resort LLC for $7,546,770. The property is located near the northwest corner of Montebello and 91st avenues. VAI Resort has indicated it intends to construct a 4,000-space parking garage to support the resort’s customers and provide additional parking options for the thriving Sports & Entertainment District.
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“At one time, the city had considered building a parking garage to support the increasing number of guests who visit the Sports & Entertainment District, but we no longer need to consider that option,” said City Manager Kevin Phelps. “By owning the land, VAI Resorts can now build and construct a parking garage to support its incredible development.”
“The location of the property is perfectly situated to integrate with our operational plans for the resort,” said VAI Resort President Grant Fisher. “From the moment our guests arrive on the property to park, they will be greeted with the world-class hospitality that defines the VAI Resort brand. We appreciate the partnership of the city of Glendale to allow us to extend our property footprint with the purchase of this additional land.”
VAI Resort, scheduled to open in 2025, is a $1 billion, 1,100-room resort on a 60-acre entertainment complex across the street from State Farm Stadium. The resort features an 11,000-seat concert amphitheater and the Mattel Adventure Park. Konos Island, the first man-made party island in the U.S., is a beach paradise inspired by the decadence of Mykonos, with cabana service, a DJ booth, Mediterranean-inspired cuisine and a Dubai-inspired aerial bar set amid panoramic views.
In addition to over 90,000 square feet of indoor space and 30,000 square feet of rooftop space at VAI Conference Center, the resort will feature 12 elevated onsite dining establishments offering international cuisines, eight restaurants with stunning waterfront views, 27 unique bars and cocktail experiences, world-renowned celebrity chef restaurant concepts and a two-story nightclub.
