When casino chain Boyd Gaming Corp. supplied the Eldorado in gradual 2020, it said the runt playing den was a “non-core asset” and “very modest share” of its total industry.
The original proprietor renovated and renamed the 1960s-technology downtown Henderson casino — and now he’s express to originate a resort with it.
Developer Joe DeSimone has filed plans with the metropolis of Henderson to accomplish a six-chronicle, Atwell Suites-branded resort within the auto parking lot of The Pass, as the casino is now identified.
He targets to interrupt ground on the 90-room, roughly $20 million project in September or October, he advised me this week.
The resort is slated to characteristic a pool and a wine bar, he said, noting the casino already has a parking garage.
His proposal marks but but one more original mission for Water Avenue, a once-sleepy corridor that metropolis officials hang lengthy sought to revitalize and now boasts restaurants, breweries, an ice rink and elevated foot web site visitors.
DeSimone, founding father of Henderson proper property firm First Federal Realty DeSimone, said that he sees extra exercise alongside Water Avenue a week and that competitors for resort rooms is in terms of nonexistent shut by.
The closest sizable resort, Arrangement Casinos’ Fiesta Henderson, has been closed on chronicle of the onset of the pandemic, with tranquil no observe on its future.
DeSimone, who got the oldschool Eldorado for an undisclosed ticket, also said he incessantly sees enhancements in industry at The Pass, 140 S. Water St., and added weekends are “very stable.”
Ground-up proper property projects within the Water Avenue station hang, for basically the most share, been rather runt over time. Moreover, deal of suggestions hang reach and gone, TSK Architects proprietor Windom Kimsey, whose firm is on Water Avenue, previously advised me.
However some bigger developments hang taken shape nowadays — most notably Lifeguard Arena, the discover rink for the Silver Knights minor-league hockey crew, and a seven-chronicle blended-consume project all the plan thru the avenue, The Watermark, which is slated to begin within the third quarter this twelve months.
Both are reach The Pass.
Strada Development Neighborhood co-founder Tom Wucherer, whose firm is on the abet of The Watermark, said Friday that extra construction at that end of downtown will lift a lot extra folk.
“It helps each person,” he said.
A decade within the past, downtown Henderson was a aloof express. As DeSimone well-known, it had metropolis govt operations and banks but little pleasure.
Nowadays, he said, there’s a “world of contrast.”
“Ten years within the past, I don’t think somebody would capture into chronicle inserting a wine bar on Water Avenue,” DeSimone said.
Contact Eli Segall at [email protected] or 702-383-0342. Prepare @eli_segall on Twitter.