Demolition Sets Stage for New Downtown Grand Tower
It’s taken awhile, but there’s finally some construction activity at Downtown Grand in preparation for a new hotel tower.
Technically, it’s deconstruction, but let’s not get bogged down in details. Things are happening!
Downtown Grand’s porte cochere structure is being demolished, with plans to erect a hotel tower with 495 rooms.
The new hotel tower will sit at the corner of Ogden Ave. and 4th Street, just across from Gold Spike, a place we used to visit until they took out all the slot machines.
Here’s a rendering of the new hotel tower, because renderings are life.
While Downtown Grand has struggled to become profitable since it opened in 2013—it’s rumored the resort loses about $4 million a year—the resort’s hotel is a strong revenue driver, so it makes sense the owners (CIM Group) would try and exploit that asset.
The demand for accommodations downtown exceeds capacity. Downtown accounts for only about five percent of the rooms in Las Vegas, despite an estimated 24 million-ish people visiting downtown each year.
The new Downtown Grand hotel tower is expected to open in 2020, as is everything ever announced in the history of Las Vegas.
Some of the things expected in 2020 include Raiders stadium, the new Circa resort, the Las Vegas Convention expansion, The Drew (don’t hold your breath) and MSG Sphere.
The start of construction at Downtown Grand is a welcome relief from untold delays since the project was first announced in July 2017.
It should be noted there were also plans for an entertainment complex at Downtown Grand, complete with a tavern, fitness center and outdoor climbing wall. The project was apparently scrapped at some point. The fact the project was to be called “The Quad” did not bode well, anyway. Long story.
It’s great to see Downtown Grand playing to its strengths, despite a tricky location. More hotel guests means more gamblers, more restaurant patrons and more hope this boutique casino resort can turn its fortunes around.
Update (1/24/10): Boom, gone.