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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > USA > USA - West Coast / Las Vegas > Whats up with ICE??
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Orbital32
Revolution



Registered: Jul 2004
Location: LaTa #32°
Whats up with ICE??

Is it really closing? Hopefully this isn't a repost as i didn't see any other thread about it. Is Infected Mushroom the last night?

Old Post Oct-23-2006 06:37  United States
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gehzumteufel
In your ass



Registered: Nov 2005
Location: so cal

well they say johan gielen is supposed to be there nov 11th but beyond that there are NO dates scheduled showing on their website.


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Old Post Oct-23-2006 07:17  Russia
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DaveT
NEED PERSONAL COPY-EDITOR



Registered: Jul 2002
Location: San Francisco

Interesting. Just last week they had dates past Nov 11. I clearly remember seeing dates for some major acts past Nov 11. Throughout November and December, including Ferry Corsten on Dec 30 (he has been listed on the website for this date for quite some time and it was still there just last week.)

It's pretty much known Ice is/was going to close due to hotel construction (but a new one was gonna be built as a part of it, I think?)....but that wasn't going to be until like sometime in 2007.

I dunno. Wonder what's going on.

Last edited by DaveT on Oct-23-2006 at 07:47

Old Post Oct-23-2006 07:41  United States
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Cool1g
Supreme tranceaddict



Registered: Apr 2006
Location: Hollyweird, CA

i was told back over Labor Day it was closing in October but was wondering about the Nov and Dec DJ bookings...

however, i've heard from 2 Vegas locals just over the past weekend that its closure is imminent...apparently this Sat nite (oct. 28) is possibly the last nite.

Old Post Oct-23-2006 10:27  Christmas Island
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Junior Chavez
(System Recordings / OC)



Registered: Jul 2005
Location: Orange, CA, USA

they aren't getting the numbers they hoped for on event attendance.

after their lease expires they will demo the buiding for hotel construction, i believe that's sometime 1st quarter of next year.


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Old Post Oct-23-2006 19:22  Mexico
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Cool1g
Supreme tranceaddict



Registered: Apr 2006
Location: Hollyweird, CA

quote:
Originally posted by Junior Chavez
they aren't getting the numbers they hoped for on event attendance.

after their lease expires they will demo the buiding for hotel construction.


Junior - I don't believe that correct.

their lease runs through 2012. there is an accelerated buyout clause starting next year this pays them i think $5 million to leave in 2007, dropping by $1 million each year as it gets closer to 2012.

i did hear that if they missed/were late on a certain # of rent payments that they would be in violation of the lease terms and have to leave early.

i don't know if the closure this week is due to them taking an early buyout or violating a lease term, but its definitely not due to a lease expiration. construction has already started on the W hotel around it so no doubt those guys want them out of there sooner rather than later.

Old Post Oct-23-2006 19:27  Christmas Island
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Junior Chavez
(System Recordings / OC)



Registered: Jul 2005
Location: Orange, CA, USA

quote:
Originally posted by Cool1g
Junior - I don't believe that correct.

their lease runs through 2012. there is an accelerated buyout clause starting next year this pays them i think $5 million to leave in 2007, dropping by $1 million each year as it gets closer to 2012.

i did hear that if they missed/were late on a certain # of rent payments that they would be in violation of the lease terms and have to leave early.

i don't know if the closure this week is due to them taking an early buyout or violating a lease term, but its definitely not due to a lease expiration. construction has already started on the W hotel around it so no doubt those guys want them out of there sooner rather than later.


Well I work in commercial real estate here in the Corona-Norco market so i don't know the details on their contract. Just letting ya know what i've heard through well known dj's and producers out in this area of So Cal.


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Old Post Oct-23-2006 19:32  Mexico
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Cool1g
Supreme tranceaddict



Registered: Apr 2006
Location: Hollyweird, CA

quote:
Originally posted by Junior Chavez
Well I work in commercial real estate here in the Corona-Norco market so i don't know the details on their contract. Just letting ya know what i've heard through well known dj's and producers out in this area of So Cal.


what kind of commercial work do you do?

one of my companies is a residential and commercial appraisal firm.



well we all agree its closing this weekend....and the W will demo the club. it was the owner Greg that told us back over Labor Day about closing in Oct. the lease terms i had heard earlier this year...but i agree i don't know why things got accelerated. based on the $ i'd guess they were making there, i'd take a $5 million buyout if it was me.

Old Post Oct-23-2006 19:36  Christmas Island
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DjWoody
Chingon



Registered: May 2003
Location: Los Angeles (OC) / Mexicali

I wonder what will happen to their system? Will Spundae enherit it?

Old Post Oct-23-2006 19:39  Mexico
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wetgroovin
Producer



Registered: Mar 2006
Location: West side bitches!

this saturday, october 28 is it! fact!


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Old Post Oct-23-2006 19:43  United States
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HotDogWater
pantsaddict



Registered: May 2005
Location: somewhere in CA

quote:
Originally posted by DjWoody
I wonder what will happen to their system? Will Spundae enherit it?

*prays to the funktion one gods*


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Old Post Oct-23-2006 19:47  Sweden
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Rukes
Supreme tranceaddict



Registered: Nov 2005
Location: Los Angeles, CA

Maybe they should make another "The Club" TV series where they repeatedly say how Oakenfold is the best DJ in the world!

Old Post Oct-23-2006 19:47  United States
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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > USA > USA - West Coast / Las Vegas > Whats up with ICE??
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