Retrofit Atlas

Other · Nevada

Terrible's Hotel & Casino

Imported, unreviewedRedevelopedPartly retrofittedJean, NV

Opened 1987. Closed 2020. Partial Redeveloped in 2024.

Status nowPartly retrofittednewtypes-extraction
What it becameindustrialWikipedia
Site size40,006 sq ft GLAnewtypes-extraction
Last sale$45.0M · 2022public reporting
Retrofit year2024newtypes-extraction
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Finance and pipeline
Sold since 2020This site: 2022 Tolles Development research-deals · all sites with this
Place
30,000+ vehicles a day on an adjacent roadThis site: 47,782 on IR15N fhwa-hpms · all sites with this
County permitting 2,000+ apartment units a yearThis site: 2,301 units, Clark County census-bps · all sites with this
Interstate or freeway within 600 mThis site: IR15N fhwa-hpms · all sites with this
Strategy
RedevelopedThis site: …industrial park record · all sites with this
New use
Logistics and industrialThis site: …industrial park newtypes-extraction · all sites with this
Park and open spaceThis site: …industrial park newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusPartly retrofittednewtypes-extraction
StrategyPartial RedevelopedWikipedia
New usesindustrialWikipedia
What is there nowindustrial parknewtypes-extraction
Retrofit year2024newtypes-extraction
RedeveloperTolles Developmentnewtypes-extraction

Deals and debt

DateEventPricePartiesSource
2022Sold$45.0M closedTolles DevelopmentWikipedia
2014Sold$12.0M closedJETT Gaming ← MGMWikipedia

Site context

Housing permits, Clark County (NV), 20242,301 units in 5+ unit buildings, 176 in 2–4, 12,277 single-family; 2023: 2,736 in 5+Census BPS
Other atlas sites nearby2 within 10 km, 3 within 25 km: Nevada Landing Hotel and Casino (0.0 km); Las Vegas welcome center in Jean (0.4 km)computed
Retail trade in the county, 2012 to 20236,500 establishments (+14%); 121,153 jobs (+25%)Census CBP
Housing market in the countytypical home value $422,748 (-3% 1 yr, +15% 5 yr); typical rent $1,732/mo (+0% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)47,782 vehicles a day on IR15N (Interstate, 6 lanes); 11,888 trucks; 20 counted segmentsFHWA HPMS

Summary, model-written

Terrible's Hotel & Casino opened in 1987 as Gold Strike Hotel and Gambling Hall, renamed Terrible's in 2018, and closed in 2020 due to the pandemic. It was sold to Tolles Development for $45 million in 2022. Partial demolition occurred in 2024, with plans to convert the site into an industrial park. The site has 40,006 sq ft of GLA.

Why. The site is being redeveloped per the 'redevelop' strategy. Clark County shows 7.1% growth (2018–2023), median industrial rent is $1,518, and the site is near I-15 with 47,782 ADT.

Where it stands. Status is 'partial' (demolition ongoing). The industrial park conversion is underway. The site is in Jean, NV, 32 miles south of Las Vegas.

For a planner

  • Near I-15 (6 lanes, 47k ADT) and a Nevada Landing Hotel (0 km) and welcome center (0.4 km) within 10 km.
  • Clark County housing market shows ZHVI at $422,748 (down 2.6% YoY) and ZORI at $1,732 (up 0.5% YoY).
  • Retail establishments grew 13.6% (2012–2023), with 6,500 businesses and 121,153 employees in 2023.

For a developer

  • Site sold for $45M in 2022. Industrial park plans align with county growth metrics.
  • No details on specific industrial use or tenant types are provided in the record.

What we do not know yet

  • Exact industrial park configuration unknown.
  • No data on whether the 'partial' demolition affects full redevelopment timeline.
  • Record lacks details on the 'industrial park' tenant mix or lease terms.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • retrofit already built
  • county grew 7.1% 2018–23
  • median rent $1,518

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Now called / also known asTerrible's Hotel and Casino
Opened1987newtypes-extraction
Closed2020newtypes-extraction
Gross leasable area40,006 sq ftnewtypes-extraction
Original developerDave Belding and two other partnersnewtypes-extraction
CountyClark County
Census division8 · Mountain
NotesDraft from Wikipedia, model-extracted, unreviewed: Terrible's Hotel & Casino, a former casino hotel in Jean, Nevada, closed in 2020, underwent partial demolition in 2024, and is planned to be replaced with an industrial park by Tolles Development.

Not yet recorded: acres. Know it? Tell us.

Background

Terrible's Hotel & Casino, formerly the Gold Strike Hotel and Gambling Hall, was a casino hotel in Jean, Nevada, approximately 13 mi (21 km) north of the California state line, and about 32 miles (51 km) south of Downtown Las Vegas. It opened in 1987, and closed in 2020. It was owned and operated by JETT Gaming from 2015 until its closure. It had 811 rooms, several restaurants, and 40,006 square feet (3,716.7 m2) of gaming space. A partial demolition occurred in 2024, with plans to be replaced with an industrial park. == History == The Gold Strike was opened on December 23, 1987 by Dave Belding and two other partners who owned the original Gold Strike Hotel near Boulder City.

Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.

Timeline

  1. 1987 Opened as Gold Strike Hotel and Gambling Hall
  2. 1987 Opened
  3. 2018 Renamed to Terrible's Hotel & Casino
  4. 2018 Gold Strike Hotel and Casino renamed Terrible's Hotel and Casino
  5. 2020 Closed due to COVID-19 pandemic
  6. 2020 Terrible's closed during the pandemic
  7. 2020 Closed
  8. 2021 Permanent closure announced
  9. 2022 Sold to Tolles Development for industrial park plans
  10. 2022 Terrible's sold to Tolles Development
  11. 2022 Site being developed into mega warehouse complex
  12. 2024 Partial demolition occurred
  13. 2024 Retrofit: redevelop

Sources

  • Terrible's Hotel & Casino · CC BY-SA 4.0
    7 quoted sentences
    Terrible's Hotel & Casino, formerly the Gold Strike Hotel and Gambling Hall
    The Gold Strike was opened on December 23, 1987
    On November 1, 2018, the name of the casino was changed from Gold Strike to Terrible's
    Terrible's and other state casinos closed temporarily on March 17, 2020, due to the COVID-19 pandemic in Nevada.
  • Jean, Nevada · CC BY-SA 4.0
    5 quoted sentences
    Terrible's Hotel and Casino
    The Gold Strike remained open and was renamed Terrible's Hotel and Casino in 2018.
    Terrible's closed in 2020 during the pandemic
    was sold to Tolles Development in 2022.

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