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100-Acre Retail Development Gains Casino-Resort

SPARKS, NV-Dan Lowe, a principal of RED Development, which is bringing its Legends outdoor retail concept to this Reno suburb, tells GlobeSt.com that a recently announced $500-million casino-resort component could push sales beyond its Legends at Village West in Kansas City.

By Brian K. Miller | Updated on July 09, 2006

(For more retail coverage, click GlobeSt.com/RETAIL.)

SPARKS, NV-RED Development has landed the attractor it needs to complement the Nevada incarnation of its Legends retail concept, a $500-million casino-resort planned for this eastern suburb of Reno. Olympia Gaming, which is also developing the 70-acre Southern Highlands Casino Resort Spa in Las Vegas, said recently it will develop a 1,000-room hotel, casino and spa as part of Legends at Sparks Marina, RED’s planned 100-acre outdoor shopping and entertainment development here on Helms Lake.

RED principal Dan Lowe tells GlobeSt.com that the 800,000- to 1 million-sf retail center should break ground this fall and open around the end of 2007. The first phase of the casino should open several months later, in the third quarter of 2008, he says. The development may also include a minor league baseball stadium.

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