Station’s parent company announced this summer it would tear down Texas Station, Fiesta Rancho and Fiesta Henderson and sell the sites.
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According to Las Vegas city records last year, the one-story project will span more than 21,000 square feet and sit on a 5-acre plot of land.
Vici Properties closed its acquisition of MGM Resorts International’s real estate spinoff, giving the buyer several more hotel properties on the Strip.
Major projects do get built in America’s gambling capital, and there are always people willing to spend time and money outside the casino floors.
The casino chain has reached deals since 2019 to lease Bellagio, MGM Grand, Mandalay Bay, Aria, Vdara, and, as announced this week, The Cosmopolitan of Las Vegas.
Las Vegas-based Boyd Gaming Corp. announced Tuesday it expects to break ground on the Wilton Rancheria tribe’s Elk Grove, California, resort on March 9, “with construction commencing shortly thereafter.”
If all went according to plan, visitors — by now — would see an arena with a retractable roof and a five-star hotel developed by ex-NBA player Jackie Robinson on the Las Vegas Strip.
Las Vegas resorts are packed with guests, and the economy is on strong footing. But hotel-casino construction has had a spotty track record since the recession.