From The latest attraction to open in Las Vegas is taking the city to new heights.

The 550-foot High Roller Observation Wheel officially opened Monday inside The LINQ, Caesar’s new open-air shopping and dining attraction.

“People love to see things and what a better way,” said Dayna Roselli of Las Vegas who came out to see the spectacle.

In typical Vegas fashion, the observation wheel, which becomes the world's tallest, is over the top and loaded with unique features.

The shiny, white passenger cabins or “pods” are about the size of a kitchen and can hold up to 40 people. They’re sealed tight, climate controlled, and have flat screens inside to inform and entertain guests during the ride.

Passengers pay $25 to ride during the day and $35 at night. If you want to party sky-high, you can also pay to rent out an entire pod or have a wet bar rolled-in --for an extra charge, of course.

The pods, which can hold a total of 1,120 people, move smooth and slowly. Passengers say riding the wheel feels like you’re floating.

“It’s not scary,” Roselli said. “I didn’t think it was anyway.”

“We came from Connecticut,” said Kate Lanfair. “We read all about it, we’re excited.”

The family-friendly ride lasts about 30 minutes and pauses at the top for the perfect photo opportunity. Passengers can look down on the Las Vegas strip and a catch a 360-degree view of the valley and the scenic desert mountains in the distance.

“Everyone in town is excited about it, even other properties on The Strip, they view it as a great opportunity to drive more traffic to Las Vegas,” said Jon Gray, vice president of The LINQ.

The High Roller is now taller than three of the world's largest Ferris wheels -- the Singapore Flyer, the Star of Nanchang in China, and the London Eye.  It has changed the Vegas skyline and given tourists more options. 

“We have the best shows and the best restaurants and the best shopping but after a few days of that and gaming, it’s nice to have something else to do,” Roscelli said.

The $550 million project took two years to complete and created 3000 construction jobs and 1500 permanent positions.

Matt Finn is part of the Junior Reporter program at Fox News. Get more information on the program here and follow them on Twitter: @FNCJrReporters