Las Vegas: Station sells land next to Durango project for nearly $24M

Las Vegas: Station sells land next to Durango project for nearly $24M

Article brief provided by Las Vegas Review-Journal
  • Eli Segall , Las Vegas Review-Journal
December 6, 2022 2:43 PM
  • Eli Segall , Las Vegas Review-Journal

Station Casinos has sold a chunk of land next to its newest Las Vegas hotel project.

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The locals-focused casino chain sold 21.3 acres immediately west of its under-construction Durango resort to Las Vegas apartment developer Ovation Development Corp., property records indicate.

The sale, for about $23.9 million, closed last week and does not come as a surprise.

Station owned 71 acres at Durango Drive and the 215 Beltway in the southwest valley. Its new resort sits on about 50 acres, and parent company Red Rock Resorts previously said it was selling the remaining land and indicated an apartment complex might take shape.