Another brick in the revitalization of Reno’s downtown core just fell into place. The Virginian Hotel Casino was just sold to Virginian Tower Holdings LLC on 4 December 2013 for $2,380,000. The LLC is owned by The Siegel Group, who also recently purchased the Truckee River Lane building (Java Jungle et al).
That makes Woolworth’s sold for redevelopment, Virginian sold for redevelopment, and the Nevadan in play for a UNR/partners Tech Hub. Not bad for 1 block next to the river.