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remano
Joined: 20 Dec 2005
Posts: 717
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 Posted: Feb Fri 06, 2015 8:57 am Post subject: Cal Neva sells hotel |
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The Cal Neva has sold its hotel property, the Nevadan tower, to the Siegel Group which intends to convert it to long term residential rental. Siegel has also purchased the Virginian tower next to Cal Neva (no activity there yet), the El Cortez (currently being remodeled), the Senator hotel on W. 2nd St. (converted to Siegel Suites), the Truckee Lane Building (big plans for retail and offices but no construction yet) and the Nugget Courtyard (converted to Siegel Suites Sparks). Pretty active lineup, as this has all happened in just the last year or two.
The Cal Neva says they will continue to operate the casino and plan significant upgrades coming soon.
More details:
http://www.rgj.com/story/money/business/2015/02/05/siegel-group-buys-club-cal-neva-nevadan-tower-reno/22928477/ |
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BC Dave
Site Admin
Joined: 18 Dec 2005
Posts: 1594
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| Posted: Feb Fri 06, 2015 11:31 pm Post subject: Lily will miss her |
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| Lily liked staying there. I liked the old Onslow. Glad she will be put to some good use. |
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stan_allen
Joined: 19 Dec 2005
Posts: 1129
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| Posted: Feb Tue 10, 2015 2:56 pm Post subject: More condos, zzzzz...... |
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Jeez, how many more unoccupied condos and office space can Reno handle??
I'm not exactly lamenting the loss of the hotel; though I was never inside it, the few available reviews didn't indicate anything very worthwhile... |
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spdmrcht
Joined: 12 Oct 2012
Posts: 498
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| Posted: Feb Tue 10, 2015 9:58 pm Post subject: Hotel. |
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A lot of the Cal Neva Employes I have talked to Live in the
hotel. It's part of the Package. |
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stan_allen
Joined: 19 Dec 2005
Posts: 1129
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| Posted: Feb Thu 12, 2015 11:38 am Post subject: Cal-for-eva |
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| D'oh - then I shall withdraw my ill-informed lack of concern...we need those Cal-Neva people! |
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Mammothgambler
Joined: 25 Dec 2005
Posts: 619
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| Posted: Feb Fri 20, 2015 12:56 pm Post subject: |
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Yes, heard about this recently. As some others have noted, a good number of the employees live there, and they unfortunately don't take large dogs or I would've been on it! Anxious to see if they've got any plans to refurbish, as I recall it was in pretty dire need.
Mammothgambler |
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