[119][121][122], In July 2005, Station Casinos announced that it was partnering with developers Stephen Cloobeck and Steven Molasky to build two condominium high-rise towers on 8 acres (3.2 ha) of property next to the Red Rock Resort. The implementation of easy customer access was inspired by two restaurants at the resort, the Yard House and Lucille's Smokehouse, which both used the same concept of easy access. A six-month, $35 million expansion was announced in 2014, and included the addition of several new restaurants. Station Casinos, which had been surprised by the opposition, noted that the property had been zoned for gaming for more than a decade prior. Although not branded fully separately, Green Valley Ranch, Palace Station, Palms Casino Resort and Red Rock Resort are in a distinctly different upscale market niche from the other Station Casinos. [11], On May 10, 2016, Station Casinos agreed to purchase the Palms Casino Resort for $313 million.[12][13]. [16][33] After weeks of negotiations, Station Casinos and Summerlin residents compromised on a 198-foot (60 m) hotel tower and the complete removal of the timeshare buildings. On December 4, 2006, Fertitta's sons, Frank Fertitta III and Lorenzo Fertitta, and Colony Capital LLC, operating as Fertitta Colony Partners, made a highly leveraged offer to purchase all existing shares at $82 per share and take the company private. [85] The resort has a modern design with a desert-themed influence. The hotel tower is the second tallest building in Summerlin after One Queensridge Place. [88], The Red Rock opened with a total of nine restaurants, including T-Bones Chophouse and the Feast Buffet. [67] A Japanese sushi restaurant, Hachi, opened at the resort in 2007. Produced by Element and Company Pictures, Red Rock was based around the town's local Garda Síochána station, and the activities of both the uniformed officers and detectives who work there. [36] Station Casinos stated that the redesign would increase the project's $400 million cost,[37] with a price between $450 million and $475 million. Nearly 250 people attended the event,[24] which received a mixed reaction of opposition and support. [3] Also planned was a new parking and drop-off area across from the mall, as well as an enhanced entrance accessible by mall shoppers. [8] Station Casinos tentatively referred to the project as Charleston Station. Station Casinos executives Frank Fertitta III and his brother Lorenzo Fertitta chose to include the chandeliers, having been inspired by older Las Vegas resorts such as the Desert Inn and the Sands Hotel and Casino. Cherry also included a DJ, and was meant to appeal to local residents through promotions. [17][18] Because of the opposition, Station Casinos delayed its request for approval from the Clark County Planning Commission, giving the company time to pitch the project to opponents. InvestorRelations@RedRockResorts.com OFFICE 702.495.3550. "After Two Rocky Years, Station Casinos Exits Bankruptcy", "Station Casinos announces plans for an initial public offering", "Red Rock IPO Prices in Line With Casino Operator's Target", "Palms sold to Station Casinos for $312.5 million", "Red Rock Resorts announces agreement to acquire Palms Casino Resort", "Station Casino at the Convention Center", "Proposed Station casino receives 5-year extension", https://www.foxbusiness.com/money/red-rock-president-richard-haskins-dead-accident, https://en.wikipedia.org/w/index.php?title=Station_Casinos&oldid=990819034, Companies that filed for Chapter 11 bankruptcy in 2009, Hospitality companies of the United States, Articles with dead external links from February 2020, Creative Commons Attribution-ShareAlike License, The Casino (1976–1977) and Bingo Palace (1977–1984). [107] During 2012, the resort's outdoor amphitheater had grown to nearly 10,000 seats, becoming one of the largest concert venues in Las Vegas. The towers would be under 190 feet and would include 300 units each for a total of 600. [18][25], Residents continued to oppose the tower,[26][21] and opponents worked to gather support in an effort to derail the project. [53][58][59][60] Employees underwent six weeks of pre-opening training to ensure preparedness for the public opening. There are only a limited number of such sites available in the Las Vegas area. It is owned and operated by Station Casinos on 59.43 acres (24.05 ha)[2] located in the Downtown Summerlin neighborhood. In July 2002, Station Casinos and Howard Hughes Corporation made a deal that gave Station Casinos the option to purchase a 73-acre (30 ha) (later 67.6 acres)[6] site in Summerlin, Nevada,[7][8] at the southeast corner of the Las Vegas Beltway and west Charleston Boulevard. 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