Station Casinos has sold nearly 90 acres in Reno to a warehouse developer, records indicate, as the locals-focused resort chain sheds a chunk of its extensive land holdings.
Panattoni Development Co. partner Doug Roberts, who oversees its projects in Nevada, confirmed in a statement Wednesday that the firm purchased about 88.7 acres of land at the southwest corner of Mount Rose Highway and South Virginia Street, in south Reno.
Project planning is still underway but could include a mix of industrial, multi-family, office, hospitality and retail development, according to Roberts, a prominent developer in Las Vegas Valley real estate circles.
Construction is not expected to start until the first quarter of next year, he said.
