Grand Sierra Resort Reno

Reno, Nevada Hotel Condominiums

Hotel Facts:

• Built in 1978 and opened as MGM Grand
• 2000 rooms total including 825 hotel-condos
• 2.6 million total square feet
• 107,000 sq. ft. casino
• Over 200,000 sq. ft. of convention space
• 148 acre property
• 38 acre private lake
• Half-mile of riverfront - Truckee River
• Olympic size outdoor pool - seasonal
• 50 lane bowling alley
• 10 restaurants including Dolce, Chevy's, a steak house, Asian cuisine, a coffee shop, a pizza parlor, a java cafe and snack bars
• 8 bars/lounges including the "Garage" nightclub
• 40,000 sq. ft. family arcade with hundreds of games including lazer tag
• Multi-screen movie theater - $3 admission price
• 24 hour golf driving range
• Newly rennovated health club and spa
• 1800 seat Grand Sierra Dinner Theater - the largest in the country
• 18 hole miniature golf course
• 3 go-cart tracks and 2 thrill rides
• 60,000 sq. ft. retail space with 38 tenants
• Over 13,000 vehicle parking spaces
• KOA Campground with mini market
• On site health clinic - urgent care for guests & employees - the first of its kind
• Ski chalet on property for winter sports guests 

The Grand Sierra Resort ranks 11th in the nation as the largest hotel and convention center. It has the largest gaming floor in Northern Nevada with over 1100 slot machines and 43 tables. They're building the first ever destination resort in Northern Nevada. Renovation of the hotel has begun with improvements to the loby, reservation desk, casino floor, gaming equipment, signage, new restaurants and new retailers.

Proposed Future Amenities of the Resort:

• 150,000 sq. ft. indoor water park with up to 50 rides including extreme rides, an adult area with swim-up bars and lazy river rides
• 30,000 sq. ft. world class lifestyle spa
• 24 hour 4-story golf driving range with cabanas
• Waterfront restaurants and shops offering luxury lifestyle high-end retailers
• World class lazer light water show on lake
• New state-of-the-art casino facility
• Five acre outdoor grass amphitheater-park
• Additional hotel tower
• Residential housing options - towers & riverfront
• Structured underground parking
• 10,000 seat sports arena for professional sports
• High-end entertainment night clubs - dance till dawn, enjoy your favorite music, happy hours!
• Modern lounges - wine bars, cigar bars, sports bars
• Lighted walkways and paths for joggers and dog owners - safe and secure
• Full service adventure desk for area activities
• Shuttle services to ski and golf facilities

Condo Facts - Square Feet (Approximately):

Currently Under Contract - Coming Soon 2007

• Charlie Palmer Steakhouse and Fish House - Lease has been signed and construction to begin March 2007. Completion date summer of 2007. The NEW restaurants will be located where the current Steak House and Asiana are.
• Nikki Beach - The Internationally famous NIKKI BEACH resort and nightclub is coming to GSR in 2007. Hot new Nightclub, Pool cabana area and Hotel-Condo rooms will be added with the NIKKI BEACH name. Announcement to be made during NIKKI BEACH annual meeting in late January 2007. 
• Starbucks - World famous STARBUCKS COFFEE will be located in the old JAVA COAST area offering gourmet coffee and fresh baked goods! 

Resort Features:

• Spectacular 27-story, 1,995-room tower rising above a 145-acre mega-resort
• 825 luxurious hotel condominium suites in studio, one- and two-bedroom layouts from 420 to 2101+ square feet
• Panoramic views of the surrounding Sierra Mountains and Reno Valley
• Inspired architecture with plush interiors by renowned designer Dodd Mitchell
• Signature restaurants & innovative nightclubs
• Lavish, 1,800-seat dinner theater featuring today's most popular entertainers
• America's largest planned indoor high-tech water park
• 38-acre lake showcasing one of the world's largest water and light shows
• Waterfront restaurants and boulevard with brand name boutique shops
• Upscale martini bar overlooking Reno's largest, most exquisitely designed casino
• World-class 80,000 square-foot spa with cascading salt water pools and full complement of services
• Four-story aqua driving range attached to deluxe suites with 42" flat-screen TV, leather sofa and wet bar
•  10,000-seat sports arena designed to host hockey, x-games and concerts
• Outdoor cabanas with private Jacuzzi®, flat-screen TV and day bed
• Adventure Conierge and shuttle service to area golf/ski resorts and hiking/biking trails
• 5-acre outdoor grass ampitheatre and park
• 50-lane bowling alley, cinema multiplex and family arcade
• 200,000 square feet of convention space

Room Features:

• Custom designed leather & suede furniture accented in warm, rich colors
• Built-in custom walnut cabinetry with vibrant Sherwood Ebony strain
• Stainless steel Kenmore Elite appliances and black granite countertops
• MR 16 room lighting with puck accent wall lighting
• Flat-panel TV in living room and bath
• Spa-inspired bathrooms with marble shower with full glass shower door
• Black granite bath countertop and Emperador dark marble flooring
• Daily housekeeping and 24-hour access to Adventure Concierge service
• Valet parking and private elevator access
• In-room broadband internet

What is a Hotel - Condominium?

The Grand Sierra Resort and Casino is a full-service hotel with residences you can own or rent to others. Exclusive advantages at Grand Sierra include:

Rental Privileges - Owners have the option to rent their property and share in the revenue.

Carefree Ownership - The Grand Sierra management and staff will impeccably maintain your residence and oversee the rental program.

World-Class Management - Grand Sierra's President comes with over 20 years of managerial experience from the Ritz-Carlton brand of hotels.

Frequently Asked Questions Regarding the Hotel-Condominium Concept:

1. What is the difference between a traditional condominium and a hotel-condominium hotel?

By local law, Reno hotel-condominium owners can use their unit 28 days a year. However, unlike a traditional condominium, hotel-condominium owners have the option of participating in the hotel rental program and sharing in the revenue that the unit generates.

Hotel-condominiums are also purchased as fully furnished units. This allows unit owners to enjoy professionally designed and appointed units without the time consuming hassle of designing the unit themselves. In Grand Sierra's case, the units are appointed by a world-renowned designer - Dodd Mitchell. Purchasers of traditional condominiums would need to design, furnish and maintain the unit themselves.

Lastly, hotel-condominiums offer unit owners the same amenities and services as hotel guests, which range from room service and housekeeping to direct access to our exclusive restaurants and clubs.

2. Why have hotel-condominiums become so popular?

It is a concept that makes sense. If structured correctly, everyone wins. The hotel-condominium concept allows worry free vacationing and travel to your second home.

3. Can family members and friends use the owner's unit?

Yes, with the permission of the owner.

4. Can unit owners furnish their own units if they wish?

All units are purchased fully furnished. The owner must comply with the hotel's interior design specifications. However, the owner is free to bring any personal items while they are staying in their unit, which are taken with them when they leave or placed in storage.

5. What are the fees associated with owning a hotel-condominium?

All unit owners will become members of the HOA (Home Owners Association), which will establish a budget of shared expenses. These expenses are then assessed to all unit owners on a monthly basis. Owners that participate in the hotel rental program may be assessed other fees. Owners will also be responsible for the yearly property taxes and insurance for their individual units.

6. How do you finance a hotel-condominium purchase?

Hotel-condominium purchases may be financed through a lending institution just as any other real estate purchase.

7. What type of ownership is a hotel-condominium?

A hotel condominium is owned in fee simple, just like a standard condo or your house. Unlike timeshare, the hotel-condominium is not a shared ownership of the individual unit. 

How to Reserve a Unit:

If you would like more information about Grand Sierra Resort condos in Reno or any other Las Vegas area Hi-Rise condo or condo-hotel, please call me at (702) 612-3379 or fill out the easy contact form. Thank you for your interest in Vegas High Rise Condos and Vegas Condo-Hotels. My team and I look forward to helping you with all your Las Vegas Real Estate needs, from residential Las Vegas real estate to luxury Vegas condos and beyond.

Special thanks to the Grand Sierra Resort and Casino for the information they have provided for this page.

News updates on Hilton Reno

RENO Potential owners treated to sneak peek of new Hilton condos March 20, 2006, 06:32 AM PST Construction on the new hotel/condos at the Hilton has not started yet, but potential owners are being treated to a sneak peek.  People were able to actually walk through a life size model of what the condos will look like. It's a project that is helping several people choose Reno over Los Angeles or Las Vegas. For those who took the walk through the model hotel condo, it was an eye opening experience -- and that was exactly the reaction designer Dodd Mitchell was aiming for to lure potential buyers. "Style mostly, just worried about going into the the Vegas casinos and how loud, I just went for more of a home feeling and just comfortable." In each room, Dodd payed close attention to every detail from the marble bathroom to the flat screen TVs throughout unit. "Forty-two inch flat screen int he living room, 360 thread count sheets, silk covers, you name it, its luxury." Realtor Trung Lam from San Jose, California said he was sold. "As a realtor, I have a lot of buyers, 30 people under contract so far." Lam even bought two for himself. The condos range from just over 200 thousand to the millions -- from 420 to 2,100 squre feet. Lam says that's cheap. "The price only half compared to Las Vegas condos." Sherman King and his broker John Sanchez also came all the way from San Jose to view the model. The price grabbed their attention as well. "The ones in Vegas are into the four's and up, couple of grand here, I imagine it's starting we haven't seen anything like this as far as LA." Officials say construction will start as soon as the Hilton hands over the keys. That might happen as early as next month.     Related links & stories Hilton deal could create 1,000 jobs, draw 1 million visitors, investors say Reno firm chosen to design plaza at old Mapes Hotel site Three developers interested in Mapes site