…guaranteed maximum price contract for the early phases of this project with the expectation that 70% of the total project cost will be guaranteed maximum price within the next couple of quarters.
In addition, he confirmed that the operator will be selling another land to raise around $24 million toward the cost of the new facility. He advised them that the estimated cost of $750 million would include all costs including design, construction, and financial costs, among other things. The chief financial officer of Red Rock Resort Inc., Steve Cooley, has been in touch with analysts to discuss the cost of the project over a conference call. The new Station Casino Durango should open in the summer of 2024 if everything runs smoothly, and it will include both a casino and a hotel as well as a range of additional facilities. Reports that construction work had commenced came from CDC Gaming Reports, and it is hoped that all work on the $750 million facility will be completed in the next couple of years. This comes after the company received authorization for building to commence from the Clark County Commission last month. Situated in the southwestern suburbs, the new facility will be positioned on a 71-acre piece of land in Spring Valley. has started construction work on a new Las Vegas casino facility.
According to recent reports, Red Rock Resort Inc.
