With its opening just two weeks away,
the Green Valley Ranch Station is expected to “set a standard for locals
casinos,” according to Stations’ Chief Financial Officer Glenn Christenson.
“We believe Green Valley Ranch
Station represents the next evolution in locals properties,” Christenson told GamingToday
last week. “The property features a number of distinguishing features and new
concepts, including a nationally-recognized list of restaurant tenants.”
While Station resorts have became
popular with their innovative mix of dining choices, which include the Feast
buffet, Guadalajara Bar and Grill, the Broiler and Pasta Palace, Christenson
said Green Valley Ranch Station “raises the bar” with its upscale restaurant
tenants. Among them are Il Fornaio Italian restaurant, Gustav Mauler’s
Bullshrimp seafood restaurant and oyster bar, Fado Irish pub, Trophy’s
restaurant and the Border Grill for Southwestern specialties.
Christenson predicted that Green Valley
Ranch Station will be a popular property, “not only with the surrounding
community, but with the airport and Strip just a few minutes away, it should
attract a segment of the tourism trade.”
Located at the intersection of the
I-215 Southern Beltway and Green Valley Parkway, Green Valley Ranch Station is a
$300 million, low-rise resort hotel being built on 40 acres, which is part of a
170-acre multi-use commercial development in Henderson.
The project is a joint venture between
Stations Casinos and GCR Gaming, which is principally owned by members of the
Greenspun family. In addition to its equity interest, Station is the managing
partner of the project and will receive a management fee for its services of two
percent of the property’s revenues and approximately five percent of EBITDA.
Christenson’s comments came during a
walk-through inspection of the property, which was accompanied by principal
designer Scott Avjian. Architect of the project is the Friedmutter Group.
Located on a knoll with mountains for a
backdrop, Green Valley Ranch Station is built to conform to the rolling
“The key element in the project
design is the bond between the landscape and the architecture,” Avjian said,
adding that design of property was inspired by the beauty and charm of the
villas on the Mediterranean, with influences from the California Ranch style
mansions of Santa Barbara.
“The architectural team has done a
superb job of creating an upscale look that is both warm and inviting,” said
Mike Mecca, Green Valley Ranch vice president/general manager. “This is the
perfect time for Green Valley Ranch to be built. Henderson is now the second
largest city, yet we’re only seven miles from the Strip. In fact, that
describes our little corner of the world: close to the action, but a world
Christenson pointed out that Green
Valley Ranch Station “is essentially a Stations property,” offering the mix
of amenities “for which we are so well known.”
But it will also include unique
attractions, such as the superb roster of restaurants mentioned above, as well
as Whiskey Sky Bar, a wildly popular nightclub chain with venues in Boston, New
York and Los Angeles, and an 8-acre Backyard pool area that features private
cabanas, day beds, bocce and tennis courts, meandering fountains and reflection
pools, a poolside bar and grill plus outdoor gaming tables.
The Backyard will also feature an
outdoor amphitheater, and a three-acre vineyard planted with Cabernet Sauvignon
Other hotel features include:
”¡ An 80,000-square-foot casino with
vaulted ceilings and stunning metal sculpture and design elements. At the center
of the casino will be a Drop Bar, surrounded by clusters of 53 table games, and
approximately 2,500 gaming machines. There will also be a 170-seat race and
sports book, and high-stakes salon.
”¡ A 10-screen Regal Cinemas theater.