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Grand Sierra Resort Confirms Historic $1bn Investment in Reno

A historic billion-dollar investment in Reno , Nevada is expected to bring a unique form of entertainment for guests and sports fans of the city. Earlier this week, the Grand Sierra Resort (GSR) announced a $1 billion private capital investment , the largest in the history of the city. GSR’s billion-dollar plan seeks to revamp the existing 140-acre property , introducing new amenities.



The project, envisioned over the next decade , is expected to bring a new home for the University of Nevada Men’s Basketball team . The visionary project plans to introduce a new cutting-edge arena that will serve as the home of the Wolf Pack, offering 10,000 seats . In addition to being the home of the Men’s Basketball team, the arena is expected to be used for other sports events and even concerts .



The new arena is expected to take approximately 300K square feet and offer amenities, including shopping outlets for Wolf Pack fans, as well as parking spaces . Additionally, sports fans would be able to benefit from a variety of beverage and food outlets and even enjoy games from exclusive suites. The new arena at GSR is planned to open in the fall of 2026 . Subject to Board of Regents approval, Nevada Men’s Basketball is expected to play for either the 2026-27 season or the 2027-28 season.



An Ambitious Plan to Transform Grand Sierra Resort



Alex Meruelo , GSR’s owner, commented: “ The vision is to transform GSR into a destination where community, sports and entertainment come together.” Steve Alford , Nevada Men’s Basketball’s head coach, added that the ambitious project represents a game-changer for the team. “I greatly appreciate Alex’s bold vision and incredible support . This will be a state-of-the-art facility and I cannot be more excited for the future of Wolf Pack Basketball,” he explained.




“ We are beyond thrilled for this proposed plan which will help continue to elevate our basketball programs. “
Stephanie Rempe, director of Nevada Athletics



Stephanie Rempe , Nevada’s director of Athletics was similarly delighted about GSR’s ambitious plans. She predicted that this important project would provide a vital boost for the Athletics basketball programs . Rempe praised the bold vision of the new state-of-the-art arena that would be the home of Nevada Men’s Basketball .



At the same time, she spoke about the benefits the new arena would bring when it comes to hosting events with Nevada Women’s Basketball . Last but not least, Rempe said that the collaboration would help “solidify Nevada Athletics as a cornerstone of the Northern Nevada community.”

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