Las Vegas locals gaming giant Station Casinos today announced plans to build a casino in Reno on land it owns near the convention center there.
The company said it has not determined when it will develop the $50 million to $70 million project. But Station filed an application Monday for a special-use permit to build on some 8 acres along South Virginia Street, across from the Reno-Sparks Convention Center.
Station envisions an 84,000-square-foot gaming and entertainment space, a sports book, a 24/7 cafe with outdoor dining and two quick-serve spots.
The company said it has long been interested in the Reno market, having made “significant land purchases” in the area more than a decade ago. Plans were shelved due to the recession, but Station’s interest has been revived because of the “recent expansion and diversification” of the Northern Nevada economy, according to a company statement.
To move the plans forward, Station needs to file an application with the Nevada Gaming Control Board that will let it relocate a grandfathered gaming license from the Reno Turf Club. The company said the relocation is allowed under state law, as well as the Reno Municipal Code and agreements with the city.
“We are extremely excited about the Reno market and look forward to working with the city and state to secure the approvals necessary to build a high-quality gaming facility,” Station spokesperson Lori Nelson said in the company statement.
The Reno project would create 350 construction jobs and 150 to 200 jobs upon completion, according to Station.
Station currently runs 19 large and small casinos in Southern Nevada, including Red Rock Resort, Green Valley Ranch and the Station-branded properties. The company also manages two tribal casinos in Northern California and Michigan.
Advancement of the plans in Reno comes months after Station completed an initial public offering under its new corporate name, Red Rock Resorts Inc., that raised more than $531 million. In May, the company announced it had struck a deal to buy the off-Strip Palms resort for $312.5 million.