The company is also “actively working” on a project in Skye Canyon, said Fertitta, who noted that area is “one of the fastest-growing” master-planned communities in the country. It has “started to work on plans and lay out the project that we have” in Henderson’s Inspirada community, a “dynamic” area with “a ton of population growth,” Red Rock Resorts vice chairman Lorenzo Fertitta told analysts. Still, the company previously said it wants to double its presence in the Las Vegas Valley, and last month pointed to more projects ahead. Its phones are always accepting inbound calls, which occur “constantly,” and its land portfolio “is only getting much more valuable over time,” Cootey said. Stephen Cootey, chief financial officer of Station parent Red Rock Resorts, said the company is trying to determine which of its development sites are “strategic” and which are “non-core.” Station, which sold a nearly 90-acre land tract in Reno this past fall, did not rule out more land sales during the Feb. The locals-focused chain unveiled plans for its $750 million Durango project last year, saying it expected to break ground in early 2022.Ĭonstruction is expected to take about 18 to 24 months for Durango, which will include 200-plus rooms, four restaurants, a resort-style pool and more than 73,000 square feet of casino space, according to an investor presentation.

Unlike other casino operators in Southern Nevada, Station owns big tracts of real estate scattered around the region, including in fast-growing communities, that are essentially in storage for future resorts. A company representative did not provide additional information about the project Tuesday. Station told analysts in early February that it had broken ground.

12 and a permit for final grading March 2, records show. Clark County issued a permit for early grading Jan. As seen last week, construction trailers, trucks and heavy equipment were on-site.Ĭrews were doing site work, with no vertical structures taking shape yet. (Clark County)Īfter acquiring the site more than 20 years ago, Station Casinos has broken ground on its newest project in Las Vegas.Īnd, the company said last month, it is already working on others around the valley.Ĭonstruction is underway on its Durango hotel-casino, on Durango Drive just south of the 215 Beltway in the southwest valley, near Ikea. A site plan of Station Casinos' Durango resort project in the southwest Las Vegas Valley.

New station casino on durango