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Caesars Entertainment Corporation in collaboration with New York-based luxury hotel brand Gansevoort Hotel Group and nightlife impresario Victor Drai has announced the opening of a new hotel named as Gansevoort Las Vegas.

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Located at the heart of the Strip on the prime corner of Las Vegas Blvd. and Flamingo Road, the new Gansevoort Las Vegas will replace Bill's Gamblin' Hall & Saloon.

Following a $185 million renovation, the Gansevoort Las Vegas will feature 188 Parisian apartment-style guest rooms including 19 suites, designed by Tandem Las Vegas. It will feature an intimate lobby space with a redesigned lobby bar, ultra-lounge, retail outlets, and 40,000 square feet casino. Providing a unique upscale dining experience to the guests, the new hotel will also feature a destination restaurant overlooking the Strip.

Gansevoort Las Vegas will also feature Drai's Beach Club and Nightclub, Victor Drai's reinvention of Las Vegas nightlife featuring a 65,000 square-feet indoor/outdoor nightclub and rooftop pool experience. The After Hours by Drai will also return in the same location with its discrete underground and intimate vibe.

Designed to provide a completely unique upscale lifestyle experience in Las Vegas, the Gansevoort Las Vegas is scheduled to open in early 2014.