‘Silverado’ Resort: Developer Proposes New Casino-Hotel South of the Las Vegas Strip

A longtime Nevada developer is seeking approval for a mid-sized casino-hotel five miles south of the Las Vegas Strip—a project that currently faces significant hurdles, including no public financing, no operating partner, and a team with zero casino development experience.

Plans filed with Clark County call for a 404,000-square-foot resort at the northwest corner of Las Vegas Boulevard and Richmar Avenue. The proposed project would feature a 450-room hotel, a casino, meeting space, and a five-story parking garage on a vacant 13.5-acre lot.

The name ‘Silverado’ appears on architectural drawings and project filings, presumably because it would be built just one block west of the Silverado Ranch master-planned community (and one block north of Silverado Rancho Boulevard). However, this is believed to only be the project’s working title.

The Clark County Zoning Commission is scheduled to consider the proposal on Sept. 2, 2026.

Casino Novice

The proposal comes from Ochoa Development Corporation, led by Nevada contractor Michael William Ochoa, whose résumé includes apartment, industrial, and timeshare projects.

State contractor records confirm Ochoa holds an unlimited general building license, but public filings show no history of developing or operating a casino.

Design work is being handled by Gensler and Yihong Liu + Associates, with civil engineering by RCI Engineering and project representation by LAS Consulting.

Gensler’s involvement lends credibility; the global architecture firm has contributed to numerous hospitality projects in Southern Nevada, including renovations at downtown’s Golden Gate.

County documents describe a two‑phase buildout. Phase One would include a six‑story, 300‑room hotel connected to a 57,000‑square‑foot casino, along with restaurants, bars, entertainment space, meeting rooms, a spa and fitness lounge, business facilities, executive offices, and a five‑story parking garage.

Phase Two would add a second six‑story hotel tower with 150 rooms and an expanded lobby, lounge, and back‑of‑house circulation.

Developers are requesting a use permit, design review, and multiple waivers including adjustments to driveway dimensions and non‑standard landscaping allowances. Parking plans exceed county minimums, with 946 total spaces, including 211 EV‑capable and 26 EV‑installed stalls.

South Point of Contention?

The casino hotel would rise across from the former Paradise Spa condo complex, which was demolished after years of fires and squatting issues. Surrounding parcels include retail, multifamily housing, undeveloped land, and a gas station.

Silverado is also just north of South Point, the influential locals casino owned by Michael Gaughan, whose loyal customer base and equestrian center anchor the neighborhood’s existing gaming identity.

Industry observers have noted that Gaughan’s presence could complicate the newcomer’s prospects.

However, Casino.org contacted Gaughan, who said he does not oppose the project.

“The developers actually met with me for a couple of hours,” he said. “They were very nice people. They wanted to get me to partner in the project. But I’m 83. If I was 20 years younger, maybe.

“Also,” he added, “I didn’t want to compete against myself. But I wish them luck. There’s no way I’d ever tried to stop them.”

Whether Silverado becomes a viable new addition to the South Strip or remains a ambitious blueprint will depend on the Clark County Zoning Commission’s decision on Sept. 2—and the developer’s ability to secure a licensed gaming operator.