Work has begun in Las Vegas on the former Lady Luck casino hotel, which will reopen as the Downtown Grand hotel when the renovation of 650 rooms and construction of a casino and retail spaces is completed next year. Downtown3rd, the district around the property, will include entertainment, dining and retail options. "It's happening. We're creating a neighborhood, not just a hotel-casino. Las Vegas doesn't have a true pedestrian center, something that's authentic, which complements the bars and restaurants on East Fremont," Fifth Street Gaming CEO Seth Schorr said.