Grand Sierra Resort Receives $1 Billion Private Capital Investment

Grand Sierra Resort (GSR) in Reno, NV, announced that plans are underway to infuse approximately $1 billion into the existing 140-acre property over the next decade. The centerpiece of this project is an arena, designed to host concerts, special events, basketball games and other sports, with a capacity exceeding 10,000 seats. The arena will span approximately 300,000 square feet and offer contemporary amenities, including suites and hospitality clubs.

Alex Meruelo, owner of GSR, along with Brian Sandoval, president, University of Nevada, Reno also announced the exploration of a partnership with the Nevada men’s basketball team, which could make the arena their home upon completion of construction. “The vision is to transform GSR into a destination where community, sports and entertainment come together,” said Meruelo.

Sandoval said, “The University of Nevada, Reno is excited to explore the opportunity to partner with Alex Meruelo and Grand Sierra Resort as they develop a state-of-the-art arena and entertainment district that is unprecedented in Northern Nevada.”

Expanding beyond the arena, the plans encompass a comprehensive beautification of Grand Bay. This will include the creation of an active golf facility and entertainment destination, a walking path and a water show.

In response to the anticipated surge in demand, plans are also in place for an 800-room hotel tower. One or more parking garages will be constructed to ensure access to these new facilities. Recognizing the need to support the growing workforce essential to the success of these ambitious projects, the initiative will include the creation and construction of approximately 300 affordable riverfront residential units.

For more information, visit

Related Stories

Corazón Cabo Resort & Spa Unveils Seven Meeting and Event Spaces

Hilton Sandestin in NW Florida Launches Property-wide Renovation

W South Beach Unveils Ballroom With 360-Degree Projection Tech

Level 8 Launches in Downtown Los Angeles