The 42-story condominium tower was to be accompanied by Hilton's Conrad Las Vegas, a Conrad-branded, 37-story hotel that would operate in a separate high-rise building on the same property.

In 2019, Doumani received county approval to build a new version of Majestic Las Vegas on the former site of the nearby Clarion Hotel and Casino, which he had imploded four years earlier.

The hotel would be aimed primarily at business travelers, while also including amenities such as a spa, a fitness center, and a heated Olympic-sized outdoor swimming pool.

The Majestic would be the first condominium project to be located on the Las Vegas Strip, and would also be accessible from Paradise Road.

[2] The project would include the Majestic Court and Marketplace, consisting of 100,000 sq ft (9,300 m2) of restaurants and shops that would be located on three floors.

The property, occupied by the remaining structures of the La Concha, was expected to be cleared by July 4, 2004, with construction scheduled to begin in November or December 2004.

[7] The project was redesigned to include only one tower on the property that would combine the Conrad hotel and Majestic condominium units.

[8][1] The La Concha's shell-shaped lobby, the only structure on the property that was not demolished, was converted into a sales office for Majestic.

[10] In September 2005, Lorenzo Doumani announced plans for a redesigned two-tower version of Majestic Las Vegas, which was the result of heightened construction costs that had increased 15 percent in the previous 12 months, making it financially impossible to build the project as previously planned.

[8] The Doumanis had wanted to use the La Concha's shell-shaped lobby as the entrance to Majestic Las Vegas' shops or to a club.

[12] In October 2006, it was announced that the project would consist of a single 654-foot tower that would contain the Conrad Las Vegas and the condominiums, while the top 10 floors would be occupied by The Waldorf=Astoria Residences.

[17] In 2007, Majestic Resorts filed a request for arbitration, alleging that Hilton broke its 2004 management agreement to join the design, development and construction of the project by pulling out of it.

[14][18] A three-member arbitration panel rejected Majestic's claim and ordered the company to pay Hilton $834,734 to cover attorney fees, as well as an additional $319,817 in costs.

Majestic alleged that one member of the panel, Richard Chernick, was biased because of his previous association with the attorney that represented Hilton in the case.

Hilton alleged that in October 2007, after selling the property, Majestic distributed $169 million to its shareholders – members of the Doumani family – leaving the company with $355,000 in cash assets.

The Related Companies, the developer of Icon, held 12 meetings with the Doumanis to devise solutions for the family's concerns.

Doumani later asked the developer to rotate their Icon towers 20 degrees to avoid obstructing the views for Majestic's residents, stating, "It won't cost them millions of dollars.

"[21] When the Las Vegas County Commission approved the Icon project in April 2005, Lorenzo Doumani said he would sue The Related Companies.

[7][22] Doumani later said that the lawsuit primarily related to a disagreement regarding access corridors, as well as proposed garbage and loading docks that would be located near the Majestic's pool.

[23] In May 2019, Doumani received county approval to build Majestic Las Vegas on the former six-acre site of the nearby Clarion Hotel and Casino, which he had imploded four years earlier.