Lake Las Vegas timeline

Compiled by Rebecca Clifford-Cruz

Thursday, Feb. 26, 2009 | 1:41 p.m.

1966 — Actor and developer J. Carlton Adair obtains 2,243 acres and waters rights for a lake near Lake Mead Recreation Area.

1972 — Lake Adair Corp. files for bankruptcy. Pieces of the land are auctioned off.

1982 — Land is obtained by Pacific Malibu Development Corp. of Pasadena, Calif.

1990 — Pacific Malibu sells its interest to Transcontinental Corp.

1991 — A $3.8-billion resort community called Lake Las Vegas is proposed, with six hotels, five golf courses and 3,000 homes.

1993 — Residential lots begin selling.

1996 — Lake Las Vegas’ first residents move into the SouthShore neighborhood.

December 1999 — The Hyatt Regency Lake Las Vegas Resort, Spa and Casino opens.

August 2002 — Celine Dion puts her $20 million Florida mansion up for sale, confirming reports that she is building a home at Lake Las Vegas.

February 2003 — The Ritz-Carlton Lake Las Vegas opens.

May 2003 — Casino MonteLago opens.

September 2003 — MonteLago Village Resort opens.

December 2005 — Andrea Bocelli performs a nationally televised concert at Lake Las Vegas.

December 2006 — Hyatt Regency purchased by the Loews Corporation and becomes Loews Lake Las Vegas.

June 2007 – Casino MonteLago swaps managers.

January 2008 — Lake Las Vegas is acquired by the Atalon Group after Transcontinental Corp. defaults on a $540 million in loans.

July 2008 — LLV Holdco LLC, a subsidiary of the Atalon Group, files for Chapter 11 bankruptcy protection.

February 2009 — Village Hospitality LLC, an arm of Deutsche Bank, purchases The Ritz-Carlton Lake Las Vegas.

January 2009 — The Falls golf course closes.

June 2009 — The Reflection Bay golf course closes. Loews Lake Las Vegas transfers title to its lender, Wells Fargo.

February 2010 — Ritz-Carlton announces it will close in May, and then Casino MonteLago says it will close in March.