There are two observation wheels under construction in Las Vegas, a 500-foot, $300 million SkyVue project being developed by Howard Bulloch, and the $550 million Linq, a 550-foot wheel being developed by Caesars Entertainment. Work on the Linq is advancing, with its wheel taking shape and retail and dining tenants booked, while work has been stalled on the SkyVue project -- with its "history of rocky financing" -- since September 2012. SkyVue project officials say work will continue, but some wonder whether the city needs two Ferris wheels.

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