Wednesday, April 19, 2000 | 11:07 a.m.
Station Casinos Inc., which March 22 won Planning Commission approval for a neighborhood hotel-casino at a controversial 34-acre site in North Las Vegas, said Tuesday it entered into a long-term lease with an option to buy the property.
The company said it expects to use the site for a $100 million to $150 million hotel-casino that it previously has called Craig Ranch Station. This will be a smaller version of its typical Las Vegas-area hotel-casinos.
Construction is expected to begin in September 2001 and be completed before the end of 2002 at the site near the intersection of Martin Luther King Jr. Drive and Craig Road.
NevStar Gaming initially tried to develop the site as a casino, but was blocked by the city when neighbors protested. NevStar sued the city and won the right to build the casino, but didn't do so. It filed for bankruptcy in December.