News

Reno council approves $61M in tax incentives for GSR arena project
Reno city council members voted to approve $61 million in public tax incentives Wednesday for the Grand Sierra Resort's major arena and redevelopment project.Af ...
Reno redevelopment agency OK's property tax reimbursement plan for GSR arena project
The Grand Sierra Resort's tax-increment financing for phase one was approved 5-2 on Wednesday by Reno's redevelopment agency.
GSR Arena project tax incentives up for possible vote by Reno City Council this week
City tax incentives for the GSR's major arena and redevelopment project are up for discussion and a possible final vote by ...
GSR arena hopes for tax-increment financing approval amid rising construction costs
Meruelo Gaming — which owns the Grand Sierra Resort — initially had announced that no taxpayer dollars would be needed to ...
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Approved After Marathon Meeting: Nevada Basketball Arena Groundbreaking Set for Next Month
Following a five-hour-long meeting, a major arena project in Reno, Nevada, has finally received the needed approval: the ...
Reno City Council approves funding for GSR Arena, development plan
In front of hundreds of supporters, the Reno City Council passed a funding agreement for the Grand Sierra Resort (GSR) ...
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GSR arena plans face opposition for using ‘unprecedented use’ of tax financing scheme
Billionaire Alex Meruelo, owner of Meruelo Gaming—whose properties include the Grand Sierra Resort (GSR) and the Sahara Hotel ...
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WTTW News Explains: What Is a TIF District?
Tax-increment financing wasn’t invented in Chicago, but former Mayor Richard M. Daley perfected it as he worked to transform Mud City into a gleaming metropolis.