The urban center of Henderson, Nev. may buy the former Fiesta Henderson gambling casino site for $32 million. The Henderson City Council is mulling whether to acquire the 35 acres from Red Rock Resorts. a vote is on the order of business for its Tuesday, Dec. 13 meeting. The purchase could outcome in a little sports facility.
The cost would be significantly under the property’s appraised note value of $56.4 million, according to metropolis documents, which noted that to the highest degree of the monetary resource would come in from Henderson’s Redevelopment Agency.
Henderson officials are eyeing the holding – on Occident Lake Margaret Mead Parkway near the 215 Beltway – for an indoor recreational installation that could include hoops and volleyball game courts, as fountainhead as baseball and softball diamonds. At the city’s request, Fiesta Henderson’s parking garage has non been demolished.
There is no more be or time railway line for the project.
Red John Rock Trading Up
Red Rock, a locals-focused Las Vegas casino chain, ne'er reopened its Fiesta Henderson, Fiesta Rancho, or Lone-Star State Station properties next the COVID-19 lockdown. According to its research, despite the popularity of the casinos, their customers switched o'er to other Station casinos. So the accompany opted to demolish the properties and sell the set ashore to buyers who, as part of the deal, promised not to undetermined competing casinos on the sites.
The money is portion to finance a building fling that, past 2030, is expected to twofold Red River Rock’s Las Vegas portfolio.
The manipulator is pumping $750 1000000 into a new 73,000 square-foot casino, sportsbook, and 200-room hotel on Victoria de Durango Drive in southwestern United States Las Vegas. It’s also edifice a unexampled Wildfire casino inward downtown Las Vegas, on the site of the former Showboat/Castaways Hotel and Casino, which it purchased and then demolished inward 2004.
Red Rock also latterly shut on the purchase of nearly 67 acres inward Second Earl of Guilford Las Vegas for $55 million, after it received approvals for a young 75,700 square-foot casino and 600-room hotel on the site. And, inward July, it purchased 126 acres in the south of the Strip for $172 zillion — boosting its unused set ashore holdings inwards the Las Vegas Valley to nearly 430 acres.
In improver to its namesake venue inward Summerlin and the William Green Valley Ranch inwards Henderson, Red Rock currently operates multiple gaming properties under the Station brand throughout the Las Vegas area. The keep company also runs 10 Wildfire casinos, including VII inwards Henderson.
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