Las Vegas is full of lights and grandeur and now it will have a 500 ft. ferris wheel.

The FAA approved the construction of the ferris wheel to be built on the Las Vegas strip.

The ferris wheel is being built as an observation tool.  It will have 40 passenger gondolas for you to ride and see the Vegas landscape.  The FAA approved the construction saying it won't affect the air space      ( it's no taller than the surrounding casinos) and it will be located more than a half-mile from any runway in the area.

The Ferris-style wheel is part of a $100 million privately funded development that is scheduled to open in 2013. Plans also include a roller coaster, retail stores and restaurants.

This project is based on a concept that has worked in London and attracts millions of visitors a year.  The project is not set to open until 2013 but that's not but a couple of years away.  So when planning your trips to Vegas remember the ferris wheel coming soon.

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