Real estate developer LVXP plans to liven up a long-vacant lot along the Las Vegas Strip with a multibillion-dollar entertainment and resort project. The experience-focused LVXP will transform the 27-acre site at 2601 S. Las Vegas Blvd., formerly home to the Wet ‘n Wild waterpark, into an entertainment and lifestyle venue anchored by an “ultra-luxury” resort and sports arena, the developer announced Monday.