Grand Sierra Resort
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| Grand Sierra Resort | |
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| Facts and statistics | |
|---|---|
| Address | 2500 East Second Street Reno, Nevada 89595 |
| Opening date | May 3, 1978 |
| Previous names | MGM Grand Reno Bally's Reno Reno Hilton |
| Theme | Luxury Lifestyle |
| Owner | PLANTworldwide |
| No. of rooms | 1,995 [1] |
| Total gaming space | 80,000 ft2 [2] |
| Notable restaurants | Dolce Enoteca Charlie Palmer Steak Charlie Palmer Fish The Lodge Buffet Cafe Sierra 2nd Street Express Starbucks Johnny Rockets Round Table Pizza Port Of Subs |
| Years renovated | 1981, 1000 room addition total 2001 rooms |
| Website | http://www.grandsierraresort.com |
The Grand Sierra Resort is a resort hotel located approximately two miles east of Downtown Reno, Nevada. The hotel has 1,995 guest rooms and suites, 10 restaurants[1], and a casino with 80,000 square feet (7,400 m²) of space[2]. The hotel also has a shopping center, wedding chapel, pool, convention center, 50-lane bowling alley[3], golfing and an RV park.
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[edit] History
The property first opened in 1978 as the MGM Grand[4] — the world's largest hotel casino at the time, with a 26 stories, 1,015 rooms on a 145-acre (0.59 km²) site[5]. The construction cost 130 million dollars. On June 3, 1978 Donn Arden's "Hello Hollywood Hello" debuted.[6] An expansion in 1981 increased the rooms to 2,001. In 1986 the property along with the MGM Grand in Las Vegas were sold to Bally Gaming Corp. Both resorts were re-branded as Bally's. In early 1992, Harveys Lake Tahoe entered a bidding war with Hilton Hotels Corporation over the right to buy the resort. Harveys announced an agreement on a $70 million deal, only to see Hilton up the ante to $73 million and assumption of Bally's debt. Several weeks later, after considering even higher bids, a federal bankruptcy court settled the matter by approving Hilton’s final $83 million offer. The hotel was later acquired by Harrah's Entertainment (which also owns Harveys), in the 2005 acquisition of Caesars Entertainment.
On May 11, 2005 Caesars Entertainment announced an agreement to sell the Reno Hilton to PLANTworldwide DBA Grand Sierra Resort Corp . for 150 million dollars[7]. On June 23, 2005 the sale was completed and the name of the property was changed to The Grand Sierra Resort.
[edit] Planned Expansion
The hotel tower is currently undergoing conversion of the top 11 floors into 824 hotel-condominium units[8]. In addition, construction of an approximately 150,000-square-foot (14,000 m²) indoor waterpark is planned to commence in June of 2009[9]. The plan is estimated to cost 1.8 billion dollars and is expected to take five to seven years to complete. The property is planning eight new condo-towers, a Bellagio style water feature at a newly landscaped lake an outdoor amphitheater and a new mall. Former Chairman of the MGM Grand Las Vegas, now head of the Navegante Group is planned to lease and operate the casino.
On January 31, 2007 Grand Sierra announced plans to join with Nikki Beach to convert the top four floors, pool area, and former Garage Nightclub into a destination. The Nikki Beach Pool area has been open as of July 1, 2007.
[edit] References
- ^ a b About Grand Sierra Resort and Casino
- ^ a b Grand Sierra Resort - (800) 501-2651 | Casino
- ^ Grand Sierra Resort - (800) 501-2651 | Recreation - Bowling
- ^ Grand Sierra Resort Reno Hotel & Casino - Hotel Rooms, Restaurants, History, Tips and Photos - RenoTripping.com
- ^ Reno Casino Boom. Las Vegas Review-Journal (05 July 2003). Retrieved on 26 November 2006.
- ^ Hello Hollywood Hello. KNPB. Retrieved on 26 November 2006.
- ^ Caesars Entertainment, Inc. Selling the Reno Hilton to PLANTworldwide DBA Grand Sierra Resort Corp. for Approximately $150 million. Hotel Online (11 May 2005). Retrieved on 26 November 2006.
- ^ condohotelcenter.com
- ^ http://www.grandsierraresort.com/activities/waterpark/
[edit] External links
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