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Harrahs Reno closing

 
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mjames1229



Joined: 23 Dec 2009
Posts: 377

PostPosted: Jan Tue 14, 2020 6:56 pm    Post subject: Harrahs Reno closing Reply with quote

According to Howard Stutz, Harrahs Reno has been sold, and will be closed this summer (likely after this spring's USBC Men's National bowling tournament). It will reopen as a non-gaming property.

https://thenevadaindependent.com/article/sources-historic-harrahs-reno-to-be-sold-and-converted-into-a-non-gaming-entity

No surprise to me whatsoever, especially once Eldorado bought Caesars last fall.
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BC Dave
Site Admin


Joined: 18 Dec 2005
Posts: 1442

PostPosted: Jan Tue 14, 2020 9:12 pm    Post subject: So long Harrah's. Reply with quote

Glad I got to stay there one last time a few months ago. But not a surprise after seeing the sad state of the hotel.
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mjames1229



Joined: 23 Dec 2009
Posts: 377

PostPosted: Jan Wed 15, 2020 6:26 am    Post subject: Reply with quote

It was inevitable with the Eldorado merger. That would be too much share of one market and they didn't want to run a-foul of the regulators.

It also consolidates all Caesars employees to their current properties without having to spend a nickel on way-past-due renovations, and now they get a wheelbarrow full of cash out of it.
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SeahawkSiren



Joined: 14 Sep 2015
Posts: 103

PostPosted: Jan Wed 15, 2020 4:58 pm    Post subject: Reply with quote

Another Reno iconic hotel/casino bites the dust. It's been in decline for years but part of me will still miss it. One of my favorite old restaurants used to be at Harrah's. Cafe Andreotti, a great little Italian restaurant that was replaced by the steakhouse. I was so bummed when it closed down! I really enjoyed dinners there while overlooking the lights of Cal Neva.

According to the RGJ the non-gaming property will include apartments, retail space, gym, restaurants, bar, coffee shop and entertainment within a park like setting.

My next trip to Reno is tentatively planned for May. I'm glad I will have the chance to go there one last time before she closes down. Crying or Very sad

https://www.rgj.com/story/news/money/business/2020/01/15/caesars-confirms-harrahs-reno-sale-owner-tied-new-hotel-project/4480800002/
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mjames1229



Joined: 23 Dec 2009
Posts: 377

PostPosted: Jan Wed 15, 2020 9:51 pm    Post subject: Reply with quote

From the Downtown Makeover Facebook page...

CAI Investments have revealed their initial plans for the Harrah’s Reno site. A true mixed use development dubbed “Reno CityCenter” it will Include converting the hotels current West Tower, closest to Virginia street, into 530 residential units. It’s not known what will happen to the East Tower, which is adjacent to Lake Street. It is likely they’ll add a hotel component, likely branded.

Renderings are initial; drawings show initial concepts, it’s likely an architect has not yet been signed up.

Additionally, the project will include retail space and converting the current plaza space into a true urban center with landscaping and fountain. Restaurants and even a grocery store are being floated. The project should be funded via opportunity zone funding.
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