When it was announced that Tao Group was going to be remaking the Palms’ Rain space into a massive dayclub and nightclub, it was impossible not to be excited. This was one of the most successful nightlife companies making another huge step forward in Las Vegas. Unfortunately, it seems like the Tao and Palms team-up has been officially called off, leaving the newest must-see party destination with an unsure future.
Las Vegas Weekly is reporting that "Red Rock Resorts, Inc. (Station Casinos) and Tao jointly announced Monday that the deal to create that club and bring New York City’s Vandal restaurant to the Palms has been terminated." The Tao Group would not elaborate on the sudden change of plans, only confirming that the company “has numerous restaurant and nightlife brands and [is] always considering options for expansion in the [Las Vegas] market.”
For its part, the Palms has confirmed that they still intend to move forward with the timeline mentioned, which suggests that off-Strip resort plans to open the new venues at the end of the first quarter of 2019. Whether or not Palms intends to operate those venues or will partner up with a new company has yet to be revealed.
The newly renovated space was intended to not only house one of the most extravagant clubs in the world, but would also be home to Clique Hospitality and restaurants from Bobby Flay and Michael Symon.