Another downtown core property is about to change hands, with the Siegel Group adding to its holdings with the purchase of the Nevadan Hotel Tower from the Cal Neva folks. Siegel now controls the Truckee River Lane Building (Java Jungle), the Virginian Casino Hotel across the street from the Nevadan, the El Cortez, the Senator Hotel on 2nd Street, and the Nugget Courtyard Motel in Sparks.
I’m ready to see some ACTION on these properties. El Cortez has been cleaned out and rebranded as another Siegel Suites property. The Senator is a dump. Truckee River Lane wants Reno to donate their riverfront parks to make remodeling feasible. Virginian just sits there fading a bit more every day. My vision for downtown isn’t slightly more hygienic weekly hobotels with “Siegel Points”.
And the winner of the Lipstick on a Pig Award goes to this previous renovation proposal for the Nevadan!