Grand Sierra Resort (GSR) will begin construction on a 300,000-square-foot concert and sports venue in downtown Reno, expected to boost tourism appeal in the region, on September 30.
The project was announced in 2023, and it’s expected to open in late summer 2027 and will be the largest private capital investment in the city’s history. Plans are underway to infuse approximately $1bn into the existing 140-acre property over the next decade.
The centerpiece of this visionary project is a cutting-edge arena, designed to host various events such as concerts, special events, basketball games, and other sports, with a capacity exceeding 10,000 seats. The arena will span approximately 300,000 square feet and offer contemporary amenities, including suites and premium hospitality clubs.
GSR Owner Alex Meruelo said: “This project will be a transformative addition to our resort, the University of Nevada and the Northern Nevada region. The vision is to transform GSR into a destination where community, sports and entertainment come together. This will not only redefine Grand Sierra Resort but also elevate Reno to new heights in the realm of entertainment and sports. We recognize and value the community’s support and enthusiasm as we commence this journey together.”
University of Nevada, Reno President Brian Sandoval, added: “The University of Nevada, Reno is excited to explore the opportunity to partner with Alex Meruelo and Grand Sierra Resort as they develop a state-of-the-art arena and entertainment district that is unprecedented in Northern Nevada. The new arena will include amenities that create a fan and game experience that are second to none.”
There are also in place for an 800-room hotel tower. One or more parking garages will be constructed to ensure seamless access to these new facilities.
Recognising the need to support the growing workforce essential to the success of these ambitious projects, the initiative will include the creation and construction of approximately 300 affordable riverfront residential units.
The post Grand Sierra Resort to start construction on $1bn concert and sports venue at end of September appeared first on G3 Newswire.
Grand Sierra Resort (GSR) will begin construction on a 300,000-square-foot concert and sports venue in downtown Reno, expected to boost tourism appeal in the region, on September 30. The project was announced in 2023, and it’s expected to open in late summer 2027 and will be the largest private capital investment in the city’s history….
The post Grand Sierra Resort to start construction on $1bn concert and sports venue at end of September appeared first on G3 Newswire.