Green Valley Ranch
Green Valley Ranch is a hotel and casino located within the eponymous community in Henderson, Nevada. It is owned and operated by Station Casinos, and includes a casino. The resort was initially proposed by American Nevada Corporation, which received city approval to build it in 1996. In addition to a hotel-casino, the company also planned to build a mixed-use project to accompany it. Construction began in 2000, after American Nevada partnered with Station Casinos, which would co-own and operate the property. Green Valley Ranch opened on December 18, 2001, with 201 rooms and a casino. While a locals casino, the resort was designed with an upscale element. Built at a cost of $300 million, it was Station's most expensive resort up to that point, and the most expensive locals casino in Las Vegas history. The resort includes various restaurants, a Regal Cinemas movie theater, and a spa. American Nevada's mixed-use project opened on adjacent property in 2004, as The District at Green Valley Ranch. A hotel expansion opened in 2005, increasing the room count to 497. Station took over full ownership of the resort in June 2011. History Background and construction The resort was built in the neighborhood of Green Valley Ranch, located within the city of Henderson, Nevada. The Green Valley Ranch area was developed by American Nevada Corporation, a company owned by the Greenspun family. American Nevada received city approval to build a resort in 1996. In addition to a hotel and casino, the project plans also included restaurant, retail, medical, and office space. American Nevada planned to develop the project with a joint partner. The project would take 10 to 15 years to fully build out, and construction was not scheduled to begin for at least two years, pending the completion of the adjacent Las Vegas Beltway. The beltway made the property a desirable location for a resort. Some nearby homeowners opposed the project, concerned about the impact it could have on the area, although the company alleviated most concerns after holding more than 30 meetings with residents. American Nevada assured homeowners that the project would be an upscale resort and a benefit to the community. The company had planned for a 250-foot-high hotel tower, allowing for more property which would be used as scenic landscaping. However, the tower was scaled down to 80 feet after residents complained about the height. The project took years to materialize as it went through the design process, while American Nevada simultaneously awaited the completion of the nearby beltway. In September 1999, American Nevada and Station Casinos were in negotiations to partner on the future resort project. The two companies had previously partnered on a small casino and microbrewery in Henderson. The Greenspun family would provide the property for the resort, while Station would develop and operate it. Station would co-own the project with GCR Gaming LLC, a subsidiary of American Nevada. The two announced their partnership in March 2000, and the resort would include 200 hotel rooms, the minimum number