Park Towers is a 20-story twin-tower condominium property located east of the Las Vegas Strip, in Paradise, Nevada.
[6] Groundbreaking was originally scheduled for fall 1998, but was delayed until April 1999, with construction expected to take 15 months to two years.
[6] By May 2001, Wynn had sold his Park Towers penthouse to Marc Schorr, an executive for MGM Mirage.
High Rise JV stated that the work for which the construction company did not receive payment was either incomplete or not up to the developer's standards.
Bond also said that several design plans for the project were changed late in development, increasing the cost and amount of work.
[19] Park Towers, along with Turnberry Place, inspired a condominium boom in Las Vegas that began in 2003.
[21] In March 2013, Schorr, now the retiring chief operating officer for Wynn Resorts, listed his 9,000 sq ft (840 m2), two-story penthouse for sale at a price of $9.8 million.