Meanwhile, Red Rock paid $176 million - or $1.4 million per acre - to purchase 126 acres on the southwest corner of Las Vegas Boulevard and Cactus Avenue for a future casino-resort complex.Ī day after the announcement, Red Rock’s stock price got as high as $48.23, 45 cents short of its 52-week high, on the Nasdaq. He noted that Houston billionaire Tilman Fertitta paid $270 million - or $44 million an acre - to acquire 6 acres “in a prime position” on the Strip last year.

He used comparisons from recent Strip real estate transactions to come up with a value. JMP Securities gaming analyst Jordan Bender, in a research note last week following the A’s announcement, suggested the sale price was as much as $150 million. The site, just west of Interstate 15 and the Strip, will also include an entertainment district surrounding the stadium with restaurants, shops and other attractions.

It’s unclear how much the A’s may be paying the locals casino operator for 49 acres off Tropicana Avenue and Dean Martin Drive for the Major League Baseball team’s 35,000-seat retractable roof ballpark. Featuring an award-winning wine list, Kallisto Oyster Bar at Naxos brings the Summerlin area a dining experience unlike any other.While the Oakland A’s make plans for a $1.5 billion baseball stadium, Red Rock Resorts is counting its money. Kallisto Oyster Bar at Naxosīoasting one of the largest and freshest seafood menus in the city, Kallisto Oyster Bar at Naxos showcases more than 25 types of fish and several varieties of oysters, along with other seafood specialties, including the world-famous pan roast. An Elevated traditional style Taverna, featuring contemporary Greek fare from Chef Mark Andelbradt, Naxos Taverna serves approachable Mediterranean seafood-focused cuisine cooked from the soul. An island in the southeast of Greece in the Aegean sea Naxos was heralded in ancient times as the isle of Dionysus, the god of wine and celebration. Inspired by the taverns of Greece, Naxos Taverna at Red Rock Casino Resort & Spa is a story of exemplary culinary experience, purity of flavors, and gracious hospitality that captures the spirit of its namesake, Naxos.

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