Carson Valley hotel and casino proposed

Staff Reports

Construction on a new casino to be built on a site near South Sunridge Drive and Highway 395 could begin before the end of the year.

Brownstone GoldTown is finalizing financing for the $125 million Brownstone GoldTown Hotel and Casino, which they hope to open in 2009, according to a press release..

The first phase of the casino will include 300 hotel rooms, a 92,000 square-foot casino, 1,000 slot and video poker machines and 24-30 table games.

The casino will also include:

-- 350-seat bingo parlor

-- Six-table poker room

-- Race and sports book

-- 250-seat celebrity concert stage and lounge

-- Restaurants

-- Convention facility and other recreational and support amenities

-- 50,000 square feet of retail indoor outlet shopping

Phase II of the project is expected to include:

-- Additional rooms

-- Twelve-screen multi-digital cinema complex

-- Special events center

-- Parking structure

-- Additional 50,000 to 100,000 square feet of commercial retail space, multi-use space and multiple family and specialty restaurants

Brownstone GoldTown has also entered into an option agreement, expiring in January 2008, for the planned project site located on a 45-plus acre parcel.

The site has been approved for gaming purposes and is located in Douglas County.

Brownstone GoldTown has hired the law firm of Lionel Sawyer & Collins of Las Vegas as its representative in the project development and the Nevada gaming licensing process.

The casino is located on the site approved for gaming in 1987 as part of the original approval for Sunridge Heights. The project was taken over by Las Vegas Paving, which sought a special use permit in 1993. The permit was denied by county commissoners, but that denial was overturned in district court.

The casino project could be the second major hotel casino in Carson Valley and the first to be built in 20 years.