Station Casinos plans to build a 67-acre hotel-casino project in North Las Vegas –

The LA North Las Vegas Planning Commission recently approved plans by Station Casinos to build a 67-acre hotel-casino on the northwest corner of Losee Road and 215 Beltway, it was recently reported in the Las Vegas Review-Journal.This project, according to the report, will be built in two phases. When complete, it will include 600 hotel rooms, more than 75,700 square feet of casino space, and will include restaurants, a movie theater, banquet halls, and other amenities.

A station representative told the planning commission that the proposed development will create more than 1,100 construction jobs and, upon completion of the project, up to 840 full-time permanent jobs.

Investors in Bay Area real estate agent Fely Quitevis-Bateman continue to buy more land in Pahrump.

The company’s proposed draft is expected to go to the committee for a first reading and vote in October.

Station Casinos’ parent company is Red Rock Resorts, which has been an active player in the real estate business of late.

Red Rock recently announced that a trio of casinos closed during the pandemic – Fiesta Hendeson, Fiesta Rancho and Texas Station – will be permanently closed, demolished and the land sold.

According to Red Rock, the decision to close the three properties was due to the fact that, despite their popularity, customers who frequented the establishments turned to other casinos in the Station.

Currently, no interested buyers have been mentioned for the land on which the three casinos sit, totaling 107.5 acres.

Realtor Fely Quitevis-Bateman helps those in need of business financing, including small business loans. For more information, call (702) 538-4948 or email [email protected] or [email protected].

The locals-oriented casino company sold the Palms Casino property for around $650 million in 2021.

Red Rock Resorts, in addition to a self-named property in Summerlin and Green Valley Ranch in Henderson, operates several Station-branded gambling properties across Las Vegas. It also operates 10 Wildfire casinos, including seven properties in the Henderson area.

The company is also looking to cement its status as the dominant operator of local-oriented casinos, with the construction of a Wildfire Casino in the downtown area, particularly along the busy tourist destination of Fremont Street.

Realtor Fely Quitevis-Bateman (2nd from right) with his new wave of Pahrump investors from San Antonio, Texas and Guam.

A statement released by Red Rock Resorts said they were “excited to bring a new Wildfire Casino with new amenities to local residents in Downtown Las Vegas.”

Wildfire casinos are said to be usually rich in slots and video poker. It also offers casual and affordable dining options that cater to Las Vegas locals.

Besides the casino in downtown, Red Rock is also busy building a Durango project in southwest Las Vegas. The project is expected to include a 73,000 square foot casino, sports betting, a 200-room hotel, four restaurants and meeting space. This complex will be located at the intersection of Durango Drive and Interstate 215.

Although not a dominant player in the downtown area and not having a presence along the Strip, Red Rock Resorts, through its many casinos in the Las Vegas area and neighboring communities, is a major in the arena of games. The focus on serving Las Vegas residents may well work to its advantage as the area’s population continues to grow, thanks to retirees moving to Nevada due to the lower cost of living and those moving in the area for other reasons, including employment and business opportunities.

Many Californians who have moved to Nevada are also taking advantage of local casino properties because they are not as affected by changes in the number of construction workers and those working at other casino properties.

Indeed, these are busy times for Red Rock Resorts and its Station Casinos and Wildfire brands. Its goal is to double its portfolio by 2030, and the projects it is currently undertaking are just the tip of the iceberg in Red Rock Resorts’ long-term attempt to expand its reach.

While news of a housing downturn has dominated recently, there’s still plenty of construction going on in Las Vegas, with many casinos and other mega projects planned to open in the next few years. This means continued employment for many and a multitude of permanent jobs that will be available when these projects are nearing completion or complete. And many of those jobs aren’t in the gaming industry, but in other areas, including hospitality, conventions, and sports.

If you are looking to buy property or land in Las Vegas or surrounding areas, now is the time to make that investment. You will be able to negotiate with sellers as there is more inventory available, and you will be able to search for that land/property that may fit your budget, plans and dreams.

Realtor Fely Quitevis-Bateman attended the Business Alliance Symposium sponsored by the Las Vegas Association of Realtors to better understand real estate trends that she can share with her clientele.

I have decades of experience assisting clients looking for their first home, second/vacation home, investment properties or land (for future use/development). I can accompany you in the search for these opportunities. Many of my clients have started reaping the benefits of their investments, including turning their properties into rentals or Airbnbs, or getting a good return on investment for properties they purchased in previous years.

My company, Precious Properties, is a full-service business that has been serving customers since 1992. You can reach me at 775-513-8447, 805-559-2476, and 702-538-4948 for more information, or email email me at [email protected] or [email protected]. We have investors buying homes in California and Nevada for cash and fast escrow in as little as 7 days.

(advertising supplement)

Comments are closed.