ELV has it on good authority (and by “good authority” he means the principals involved), that the Palazzo is about to up its restaurant ante with a cadre of new concepts helmed by some of the biggest names in the business.

Some deals are set and some are in the final stages of negotiation but coming soon you can expect:

– At least 2 new concepts from the Batali/Bastianich group — one involving an Arthur Ave.-like ode to American-Italian food; the other a gastropub that probably will not have an Italian theme (whew!).

– A top-shelf sushi bar from “one of the world’s greatest sushi chefs.” (Jiro? Morimoto? The mind reels.)

– A very, very French bistro/charcuterie/brasserie concept from a very, very famous French chef who may or may not be someone we are sworn not to divulge, but whose initials just might be Daniel Boulud.

Each of these concepts will be taking over existing empty restaurants in the Palazzo and each promises to inject some much-needed life (and some imagination?) into our moribund Strip dining scene. (Sorry Caesars, but trying to revive Nobu’s fading brand doesn’t count.)

Yours truly spoke with Bastianich last night, and he said a lot of smart restaurant people are guessing that Vegas is on the verge of another boom. (And on this point, he would be right.)

Getting Daniel back would be a shot in the arm for our humble burg, and fingers are crossed that he can bring one of his wildly successful New York concepts (Bar Boulud, Boulud Sud…) to one of our top shelf hotels without all of the interference (and dumbing down) that drove him from the Wynn.

As for the sushi idea, it couldn’t happen a moment too soon and is sorely needed to round out Venetian/Palazzo’s restaurant collective.

Don’t be surprised if some of these joints open before summer.

We at ELV are already smacking our lips in anticipation.