- Station Casinos has acquired a 67-acre land at Losee Road with plans to build a new casino resort.
- The Losee project would have a 600-room hotel and a 75,700-square-foot casino.
- Station Casinos is also building a $750 million resort in Durango and is eyeing to open a Wildfire Casino in late 2023.
Station Casinos has acquired a 67-acre land at the northwest corner of Losee Road and the 215 Beltway in North Las Vegas.
Station Casinos purchases 67 acres in North Las Vegas https://t.co/wVUHaVXS7c
— Gaming America (@_GamingAmerica) December 7, 2022
The sale transaction, which had a price of $55 million, was recorded in County records last Monday. Records also show that Station Casinos is planning to build a new casino resort in the area. The proposed development would create more than 1,100 construction jobs and 840 full-time jobs at full build-out.
Losee Project Will Be Developed in Phases
According to public records, Station Casinos is plotting to build a resort with 600 hotel rooms and more than 75,700 square feet of casino space, as well as restaurants, a movie theater, a bowling alley, banquet facilities, and other amenities. The plan was approved by the North Las Vegas Planning Commission last September and approved by the North Las Vegas City Council last month.
During the November 16 hearing of the North Las Vegas City Council, Station Casinos representative Rebecca Miltenberger that the Losee project would be developed in phases.
The first phase would include a 200-room hotel, restaurants, three resort-style pools, a tavern on the corner of the property, and a 48,000-square-foot casino. The second phase would see more hotel rooms, and dining spaces, and the expansion of the casino and entertainment areas. No timeline for the project was provided.
At the hearing, Mayor John Lee said that he welcomed the additional hotel and entertainment space:
Further Down the Development Pipeline
This new casino resort is however not in Station Casinos’ immediate plans. In an interview with the Las Vegas Review-Journal, Red Rock Resorts ( Station Casinos’ parent company ) President Scott Kreeger said that the Losee casino resort was further down the company’s development pipeline.
Before it develops the North Las Vegas casino resort, the company might first break ground on its projects in Henderson’s Inspirada community, in the upper northwest valley’s Skye Canyon community, or at the Las Vegas Boulevard and Cactus Avenue, several miles from the Strip.
Station also owns lands in growing master-planned communities around Southern Nevada. According to Kreeger, Tule Springs is poised to see more development as well.
Doubling its Portfolio by 2030
The Losee resort is just one of Station Casinos’ ongoing projects as its aims to double its portfolio by 2020. The company is currently in the middle of constructing a $750 million casino resort in Durango. That project will feature a 200-room hotel tower and an 83,000-square-foot casino with 2,000 slot machines and 46 table games.
Station Casinos is also busy constructing a new Wildfire Casino in downtown Las Vegas. Located at 2700 Fremont St. near Charleston Blvd. the project will feature 200 lot machines plus bar-top gaming, electronic table games, and an STN Sportsbook. That casino is expected to open in February 2023.
Aside from the construction of new casinos, Station is also demolishing existing properties with the intention to reinvest and expand its portfolio. Last July, Station Casinos announced that it would tear down three shuttered casinos. The demolition of Fiesta Henderson and Texas Station began a couple of months ago.
Station Casinos parent company Red Rock Resorts also revealed that it would be closing the Wild Wild West Casino near the intersection of Interstate 15 and Tropicana Boulevard. According to the company, they would be tearing down its building and combining it with an adjoining 80-acre land for an undisclosed project.
