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In 2016, the Stevens bought the close by Mermaids Casino and the Glitter Gulch strip membership. Mermaids and Glitter Gulch closed later in 2016, with plans to demolish them to make extra room for the brand new resort. Derek Stevens had initially deliberate to build a resort on the positioning known as Fortunate Line, designed by Paul Steelman. That yr, Derek Stevens also purchased a 2-acre site throughout the street from the Las Vegas Club, between the Plaza Hotel & Casino and the main Street Station. Derek Stevens initially thought-about renovating the Las Vegas Club, but he disliked its design and determined to demolish it fully to construct a brand new resort in its place.

Downtown Las Vegas Occasions Heart. A video montage explained the resort's title, itemizing examples of earlier well known Las Vegas properties and their establishment dates and founders, similar to, "Circa 1941, Jackie Gaughan, El Cortez. Circa 1951, Benny Binion, Binion's Horseshoe. Circa 1966, Jay Sarno, Caesars Palace. Circa 1969, Kirk Kerkorian, International." The video further said that the announcement of Circa's title would one day be known as, "Circa January 2019." Different names have been considered, including Overland, which was the unique title of the Las Vegas Club; and The Mint, which was the identify of a former property adjoining to the Las Vegas Club.

Benny Binion, Jackie Gaughan, Jay Sarno, and Sam Boyd. By mesipoker.com , the venture was planned to include a 459-foot-tall resort, making it among the many tallest buildings in downtown Las Vegas. This raised FAA considerations about height and airspace due to the project's proximity with the North Las Vegas Airport. Derek Stevens meant for the resort to be opened prior to 2021 for tax benefits. The extra property opened new prospects for a larger version of the Stevens' upcoming resort, and the brothers took additional time to determine specifics about the new challenge. The property would change into the location of the brand new resort's eventual parking garage.