Station Casinos’ Durango Project Approved for Southwest Las Vegas
Station Casinos received approval from county officials on Wednesday morning to move forward with its highly anticipated plan to build a resort in the Southwest Valley.
The Clark County Commission has given the green light to the company’s proposal to build a 211-room hotel with an 83,178-square-foot casino on South Durango Drive, just south of the 215 Beltway. Station plans to debut its new project – Durango, a Station Casinos Resort – early next year, according to the company.
They say the resort will focus on gaming, have little competition within 5 square miles, and respond to the growing population of the Southwest Valley.
âOnce again, Stations, as a real local casino, comes to the rescue in the southwest, I would say, providing them with a place where they can dine, where they can hang out,â Bob Finch, director of the The resort’s parent company, Red Rock Resorts, told the Review-Journal.
The company intends to release a cost estimate for Durango during its third quarter earnings conference call with investors later this fall. Finch estimated that Durango would open at the end of next year.
The plans submitted to the county note two phases of construction. The first phase would include a single hotel tower 216 feet high; water characteristics; a parking structure; four restaurants and drink stops; a race and sports betting “at the cutting edge of technology”; 20,000 square feet of meeting and convention space; a pool area with private cabanas and an event lawn; and charging stations for electric vehicles.
The property will also feature a food hall concept with quick and casual local eateries, which Finch says eliminates the challenge of family members or friends arguing over where to eat.
âWe’re saving marriages one meal at a time,â Finch joked.
The company has not announced its target date for the start of the second phase of construction, with current plans for a 216-foot-tall second hotel tower with 241 additional hotel rooms. Phase two would increase the casino’s square footage to 92,911 square feet and include more banquet space, entertainment / theater space, a new parking structure and more lobby space.
Station Casinos have owned the 71-acre desert land since 2000, although a shovel has yet to make landfall.
The recession thwarted plans for the company to start building in 2009 and open in 2011, the Review-Journal reported at the time. A 2008 site map showed two hotel towers, a casino, a cinema and several commercial buildings.
The company has the track record to revive the project, CFO Stephen Cootey told investors in July. He said there was an opportunity to “analyze some of this terrain” and partner with other developers to reduce overall costs.
Finch said this week that Station Casinos will build Durango on approximately 50 acres east of its plot. Documents submitted to the county indicated that the remaining 20 acres in the west would serve as a transitional land between the neighborhood and the property. Finch said the 20 acres will likely be turned into residential use, although those plans have not been finalized.
“It’s a statement to the local market that, you know what?” We bounce back and it will be good. Las Vegas will continue to grow, âFinch said.
This is a developing story. Check back for updates.