LAS VEGAS, Nev. (FOX5) – Just shy of it’s 56th anniversary as a fixture on the Las Vegas Strip, the Tropicana is preparing to close its doors for good.

On Monday, Bally’s Corporation announced it’s moving forward with development of the property for a “state-of-the-art integrated resort and ballpark.” The Tropicana will cease operations on April 2. No word yet on how soon after the demolition will happen, or if it will be surrounded with any fanfare.

In a press release, Bally’s says it looks forward to creating a resort and ballpark that will serve as a new Strip landmark.

“This is an exciting next chapter for Bally’s, and we are honored to be a key partner with the Athletics on bringing a Major League ballpark to the great city of Las Vegas,” says Bally’s President, George Papanier.

In May, shortly after the announcement of the brand’s partnership with the A’s, Papanier said Tropicana would remain open for between 18 and 24 months. Monday’s announcement cuts the timeline significantly.

No word yet on what Bally’s has planned for the hotel’s staff. Leaders of Culinary Workers Union Local 226 will address that topic Monday afternoon, and FOX5 will bring you their comments.

The Tropicana opened on April 4, 1957. At the time, at $15 million, it was the most expensive property on the Strip. It was even featured in Elvis Presley’s Viva Las Vegas. However, it began to struggle in the 1970s and lost much of its luster when compared to newer, larger projects.

After its demolition, nine acres will be contributed to the construction of a 30,000-seat ballpark. Bally’s says the final plans for the stadium are being finalized, but did not indicate when they might be ready to reveal.

Stay with FOX5 for continuing coverage of this developing story.

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