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Boyd, Olympia Propose North-End Resort, Casino

LAS VEGAS-The 66-acre mixed-use entertainment center slated for the northern end of the Las Vegas Valley would be developed in phases when the surrounding area is more built out.

By Brian K. Miller | Updated on April 30, 2008

LAS VEGAS-Boyd Gaming Corp. and Olympia Gaming have formed a joint venture to develop a $1-billion-plus casino, resort and spa on the northern edge of the Las Vegas Valley. The JV filed an application with the City of North Las Vegas this week to develop the mixed-use entertainment center on a 66-acre site at Losee Road and Interstate 215, a few exits west of Interstate 15 in the Park Highlands master-planned community.

The preliminary proposal calls for 1,200 hotel rooms to be built over three phases. The first phase would include 400 hotel rooms, a casino, race and sports book, restaurants, meeting rooms and other entertainment amenities. Boyd Gaming will construct and manage the casino, resort and spa on behalf of the joint venture; assuming approval, construction of the casino would not begin for three- to five years, allowing additional time for the surrounding area to be built out.

The Park Highlands development is expected to feature six school sites; a regional police station; a fire station; a post office; a public library; 130 acres of dedicated parks and trails; and 300 acres of preservation area. Boyd says costs for infrastructure and improvements are estimated to be in excess of $1 billion. Olympia, American West, Astoria, Standard Pacific and D.R. Horton are the homebuilders.

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