Overall, this “increased velocity of transactions is our strategic vision in action,” Scott Kreeger, president of Station parent Red Rock Resorts, told me. And late last month, it sold 21 acres next to its under-construction Durango resort, in the southwest valley, for nearly $24 million to a Las Vegas apartment developer. Station also purchased 67 acres of land in North Las Vegas for $55 million this month, after it secured approvals for a 600-room project on that site. The same day, a council vote put Station closer to buying almost 4 acres from the city next to its future casino site in Inspirada, where, records show, it aims to start construction on a 600-room project in early 2024. Henderson City Council members voted Tuesday to approve the city’s purchase of the 35-acre former Fiesta Henderson property from Station for $32 million, after the locals-focused casino chain tore down the hotel. (Amaya Edwards/Las Vegas Review-Journal) Casinos outlined big plans a little over a year ago: It wanted to double its footprint in Southern Nevada.Īnd in the past few weeks, as it pushes ahead with that goal, the company has had a flurry of real estate activity. The Durango Casino and Resort on Friday, Oct.
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