It will be primarily used as a warehouse and a distribution facility. To construct a vast industrial park, Tolles will acquire the hotel and the surrounding empty land.Īccording to Tolles, the industrial park project will use about 140 acres. The CEO of the Tolles Development Group, Par Tolles, said he was awaiting approval from the county when he spoke to the Las Vegas Review-Journal. This location was ideally strategic during the pre-COVID-19 times and attracted several guests and players. The hotel is located about 25 miles south of the Las Vegas Strip.
The company has contacted Terrible’s Hotel & Casino with plans to buy the hotel that has remained closed since March 17, 2020.
Tolles Development Group is a commercial real estate company specializing in retail, office, and multifamily residential complex construction. Most of the business’ operations were affected, and several of the departments in the hotel shut down.Ī real estate developer from Reno has come to the rescue of the hotel but with entirely different plans.
Terrible’s Hotel & Casino in Nevada was one of the unlucky businesses that felt the impact of the pandemic. The COVID-19 pandemic paralyzed many businesses.
