NLV casino on fast track

April 16, 2002 6:51 AM
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A new casino near the Las Vegas Speedway is racing toward final approval in North Las Vegas.

The project, which includes a 300-room hotel and a 90,000-square-foot casino floor, is located on 40 acres at the northwest corner of I-15 and the new beltway, next to Centennial Parkway.

City planners unanimously approved the five-story resort, proposed by local developer John Ritter and Beltway/I-15 LLC. The City Council is expected to wave the green flag next month.

Neither Ritter nor attorney Robert Gronauer would name the operator.

 “I’m supposed to keep my mouth shut,’’ Gronauer told GamingToday. “It’s someone local and negotiations are under way.’’

Pending final contracts, developers have three years to build the resort. It is expected to provide 600 to 900 jobs.

Analysts say the project’s location at the hub of two freeways should make it a winner. Nearby Nellis Air Force Base registered no complaints about Beltway/I-15’s plans for a 68-foot-high hotel tower, which exceeds the area’s 60-foot limit.

Just down the road apiece, another casino is under construction. The Cannery, a collaboration of Bill Paulos’ Millennium Management Group and Robert Mendenhall’s Las Vegas Paving, is going up at Craig and Losee roads. The $100 million project is slated to open in December.

And westward on the beltway, American Nevada Corp. and Del Webb Corp. have zoned a resort hotel and casino for their 1,900 acre community near U.S. 95. No timetable has been announced on that gaming venture.