The largest ferris wheel in the world is getting its finishing touches this week in Las Vegas, and will be 100 feet taller than the London Eye.

The largest ferris wheel in the world, called the High Roller, will be located at the madcap carnival on the Las Vegas Strip. The High Roller will be 100 feet taller than the London Eye, which opened in 2000, Yahoo! reports via AP. It will also be 30 feet taller than China's Star of Nanchang, which opened in 2006, and 9 feet taller than the Singapore Flyer, which opened in 2008.

"It's going to be an icon," Project Director David Codiga said, AP reports. "It's going to be a part of your visit to Las Vegas if you ride it or not. It's more or less impossible not to see it if you come here."

The outer wheel of the 55-story High Roller ride is scheduled to be hoisted into place Tuesday, according to AP. The project is now visible from all over the city, including the airport.

Early next year, it will be outfitted with 1,500 LED lights, and start its slow spin.

Caesars Entertainment Corp., which owns more casinos than any other U.S. gambling company, is building the ride as part of its $550 million Linq development, which is a new outdoor plaza across the street from Caesars Palace, AP reports.

High Roller riders will won't be able to gamble or smoke in one of the 28 glass capsules attached to the gargantuan wheel, Codiga said, but they will be able to take in the marquee-lit panoramic views with a drink in hand, AP notes.

The wheel, which has been under construction since 2011, is taller than the Bellagio hotel-casino, but not as tall as the Stratosphere observation tower, which rises more than 1,000 feet. It will take 30 minutes to make one revolution.