News

Reno redevelopment agency OK's property tax reimbursement plan for GSR arena project
The Grand Sierra Resort's tax-increment financing for phase one was approved 5-2 on Wednesday by Reno's redevelopment agency.
GSR arena hopes for tax-increment financing approval amid rising construction costs
Meruelo Gaming — which owns the Grand Sierra Resort — initially had announced that no taxpayer dollars would be needed to ...
GSR Arena project tax incentives up for possible vote by Reno City Council this week
City tax incentives for the GSR's major arena and redevelopment project are up for discussion and a possible final vote by ...
Reno council approves $61M in tax incentives for GSR arena project
Reno city council members voted to approve $61 million in public tax incentives Wednesday for the Grand Sierra Resort's major ...
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GSR arena plans face opposition for using ‘unprecedented use’ of tax financing scheme
Billionaire Alex Meruelo, owner of Meruelo Gaming—whose properties include the Grand Sierra Resort (GSR) and the Sahara Hotel ...
Developer files Notice of Default to City after TIF Plan postponement
A notice of default to the City of Norman has recently been filed regarding the Rock Creek Entertainment District development contract. According to the agreement, the City could be sued if the Norman ...
Civic and business leaders call for new local authority to oversee post-fire rebuilding
A commission appointed by L.A. County Supervisor Horvath calls for creating a new authority to oversee rebuilding ...
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Approved After Marathon Meeting: Nevada Basketball Arena Groundbreaking Set for Next Month
Following a five-hour-long meeting, a major arena project in Reno, Nevada, has finally received the needed approval: the ...
Reno Gazette-Journal7d
GSR arena hopes for tax-increment financing approval amid rising construction costs
A potential new home for Wolf Pack men's basketball, big-name concerts and athletic events is reaching a critical phase in development — the project has to win approval for a funding mechanism ...