Palms Place is a 47-story condo hotel in Paradise, Nevada, near the Las Vegas Strip.

The project was announced in March 2005, to capitalize on a condominium boom occurring in Las Vegas at the time.

Palms Place opened in 2008, during the Great Recession, and some buyers had difficulty completing their unit purchases because of poor economic conditions.

The Palms' existing customer base included actors, musicians, and sports figures who were interested in purchasing units in the tower.

[8][9] A certificate of occupancy was issued in February 2008, and the first residents were expected to begin moving in at the end of the month.

Because of poor economic conditions, buyers had difficulty obtaining the necessary credit to finalize their purchases.

[15] In May 2009, the Palms began offering financial assistance to approximately 150 buyers who had already made down payments but were unable to get full financing to close on their purchases.

[11] Notable residents have included Jessica Simpson,[16][17][18] Eminem,[19][20] Paul Stanley,[21][22] Hulk Hogan,[23] and Floyd Mayweather Jr.[24] Phil Maloof owned a Palms Place penthouse, which he put up for sale in 2014, at a cost of $38 million.

[26][27] The Muleseum, a 1,300 sq ft (120 m2) suite dedicated to the Moscow mule cocktail, was debuted in March 2018.

[29][30][31] Turnkey Pads, a vacation property company, purchased the penthouse later that year for $12.5 million,[32][33][34] making it the most expensive high-rise condo sale in Las Vegas history.

The restaurant was located in a 6,000 sq ft (560 m2) space on the sixth floor, next to the pool area,[42][43] offering a view of it via floor-to-ceiling windows.

[44] The restaurant's design consisted of Earth elements such as fire, stone, water and wood, as well as an herb wall of living plants.

At the time, chef Simon was battling multiple system atrophy,[57][49][58] and he celebrated his birthday at the restaurant shortly before its closure.