$1 billion casino expansion breaking ground in Reno

"On Sept. 30, construction is set to begin at the Grand Sierra Resort to add a 10,000-seat arena - including suites and hospitality clubs. The 300,000-square-foot concert and sports venue is expected to boost tourism appeal in the region. The project was announced in 2023, and it's expected to open in late summer 2027. Located near downtown Reno at the intersection of Interstate 80 and Highway 395, the new arena will cement a major partnership with the University of Nevada, Reno."

"The partnership is expected to turn the arena into the home base for the university's men's basketball team. The expansion also includes a golf facility and a walking path at the Grand Bay driving range, plus a year-round community ice skating rink. To meet the expected demand, the resort is adding an 800-room tower. The project secured funding earlier this year through a controversial tax deal, according to the Reno Gazette-Journal."

""This project will be a transformative addition to our resort, the University of Nevada and the Northern Nevada region," the resort told the Reno Gazette-Journal in a statement. The Reno City Council provided $61 million in public tax incentives, and per a tax increment financing agreement with the resort, the Grand Sierra Resort will be reimbursed 90% of its property tax until 2035. The resort says that the $1 billion is the "largest private capital investment in the city's history.""

Construction will begin Sept. 30 at Grand Sierra Resort to add a 10,000-seat arena with suites, hospitality clubs, and 300,000 square feet of concert and sports space. The venue is expected to open in late summer 2027 and sit near downtown Reno at Interstate 80 and Highway 395. The arena will form a major partnership with the University of Nevada, Reno and is expected to serve as the men's basketball home. The expansion adds a golf facility, a walking path at the Grand Bay driving range, and a year-round community ice skating rink. An 800-room tower will accommodate increased demand. Funding includes $61 million in public tax incentives and a tax increment financing agreement reimbursing 90% of property tax until 2035. The resort describes the $1 billion investment as the largest private capital investment in the city's history.

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