Phil Ruffin likes a good deal — if he's the one getting it
09/10/2013 6:00 AM
09/10/2013 6:29 AM
WICHITA — It's no wonder Phil Ruffin does business in Las Vegas instead of merely his hometown of Wichita.
Ruffin, who owns Treasure Island, recently added 40,000 square feet of retail space to the casino and hotel. CVS signed the first lease at the new space at $300 a square foot.
"Can you imagine that?" Ruffin says of the price. "Isn't that crazy?"
Wichita prices are significantly less at more like $15 to $25 a square foot.
Ruffin says a lot of Wichitans are coming to his hotel, but he’s not giving them any special deals.