New Reno Gun Show Look ???

Pete Ebbink · 06-08-2006, 07:28 PM

Hi Doc,

The Sierra Development group was to take over the property from the Harrah's group on June 1, 2006. Hilton sold it to Harrah's a while back.

I think the project is serious...may take several years to complete.

It is more than just a cosmetic redo...budget is something like $ 1.8B (Billion...).

The casino will be moved to a new building outside of the tower complex to attract the residential condo buyer that does not want to walk through a casino environment.

Once the property is redone, there will be rooms to buy, rooms to buy on a time share, and rooms on a daily hotel basis...all of which mean the $ 59-79/night rates will just be a thing of the past.

All of this remodeling while keeping the property open and taking in income...

The lake they now use as a golf driving range will be converted to a water-park feature...

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06-08-2006, 07:28 PM	#4
Pete Ebbink User Join Date: Jun 2002 Location: The USA Posts: 5,919 Thanks: 0 Thanked 6 Times in 4 Posts	Hi Doc, The Sierra Development group was to take over the property from the Harrah's group on June 1, 2006. Hilton sold it to Harrah's a while back. I think the project is serious...may take several years to complete. It is more than just a cosmetic redo...budget is something like $ 1.8B (Billion...). The casino will be moved to a new building outside of the tower complex to attract the residential condo buyer that does not want to walk through a casino environment. Once the property is redone, there will be rooms to buy, rooms to buy on a time share, and rooms on a daily hotel basis...all of which mean the $ 59-79/night rates will just be a thing of the past. All of this remodeling while keeping the property open and taking in income... The lake they now use as a golf driving range will be converted to a water-park feature...