Luxury Elvis

CKX affiliate FX Luxury Realty has acquired the remaining 50 percent of Park Property Central, a 17.7-acre lot located on the Las Vegas Strip, according to a company statement.

The total consideration paid was $180 million. FX Luxury Realty has made clear it plans to build a hotel/casino on the property.

A spokesman for CKX, which owns the likeness of Elvis Presley, said the company would likely construct an Elvis-themed development on the property.