Clark County commissioners have approved a permit that cleared the way for the construction of a 500-foot Ferris wheel at a proposed 10-acre amusement/retail park on the Strip.

The problem: Caesars Entertainment plans an equally large wheel for its proposed Project Linq, a $500 million entertainment corridor it wants to develop between Strip properties Flamingo and Imperial Palace.

According to the Las Vegas Review Journal, the Caesars Entertainment’s wheel would resemble the London Eye and feature 32 gondolas, each of which hold up to 36 people and offer a one hour ride.

Project Linq is planned, zoned and ready to break ground, according to Caesars Entertainment officials.

Meanwhile, Howard Bulloch, the developer of the other wheel project, still needs to obtain funding for his amusement parks, according to the Review Journal. In addition to the wheel, which would offer a half-hour ride in 40 gondolas that hold up to 25 people each, the park would include six additional rides, a retail complex and a conference center.

If built, the Ferris wheel would be the third largest in the world, only behind 500-foot plus wheel in China and Singapore, according to Bulloch.