Nevada’s Station Casinos plans to break ground on a new locals resort in 2022, developing a vacant site on Durango Drive that is already a hub of development.
According to the Las Vegas Review-Journal, the company owned by the Fertitta family has large parcels of land in the pocket for potential future resort developments. But the 71-acre Durango site, of which 50 will be used for the resort, makes the most sense right now. It has freeway access and visibility and an expanding population nearby. It also doesn’t sit on the outskirts of the valley like some of Station’s other land holdings.
“Go do demographics around every local casino site in Las Vegas, and you’ll see that Durango is an absolute no-brainer,” said Frank Fertitta III, chairman and CEO of Station parent Red Rock Resorts, in a session with analysts this spring. Company spokesman Michael Britt told the Review-Journal, “Durango is clearly the most attractive development opportunity right now by almost every imaginable demographic.”
Clark County commissioners just approved plans for the hotel-casino, to be built in two phases. Plans call for two hotels with 452 rooms, along with restaurants, entertainment venues and 93,000 square feet of casino space. Station has said it aims to break ground early next year. It has not released an estimated project cost.
