Jacobs Entertainment has confirmed it will file a permit for the demolition of the old Bonanza Inn along Fourth Street in downtown Reno.
This is a result of Jacobs’ analysis of the renovation costs of the Inn, to better serve their permitted project, adding youth athletic fields to downtown.
The fields are planned to be the first four in the J Resort’s “Reno Neon Line District” and will accommodate two fields for 7×7 soccer games and two fields for 9×9 games, as well as youth lacrosse.
“These new fields are going to help continue to transform downtown Reno,” said Jonathan Boulware, vice president of Nevada operations for Jacobs Entertainment. “We’re very excited to help bring youth sports to downtown Reno.”
After Jacob analyzed the costs to renovate the Bonanza, they came to the conclusion that it was not a viable path forward, due to rising construction costs. The demolition will allow for a larger scope of construction.
“Travel youth sports is a multi-billion-dollar industry,” Boulware said. “The average youth sports family spends nearly $1,500 a year on hotels and tournaments. These new fields will help us capture some of that revenue here in Reno.”
The timeline for future construction is still to be determined.
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‘ Some details of this article were extracted from the following source www.2news.com ’
