Reno hasn’t seen an all-new resort-casino built since 1995 when the former Eldorado Resorts and the former Circus Circus Enterprises got together to open Silver Legacy.

San Diego-based Elevation Entertainment wants to end a three-decade drought for casino development.

The company submitted plans to the City of Reno for a 200-room hotel-casino to be constructed on a long-touted but still empty 20-acre site near the Reno-Sparks Convention Center, at the intersection of South Virginia Street and Kietzke Lane.

“Reno was a great gaming market until Thunder Valley (Casino Resort) was built in Sacramento. They kind of cannibalized the Northern California market,” Elevation CEO Ryan Stone said Monday.