Today Grand Sierra Resort announced what will be the largest private capital investment in the city’s history. Plans are underway to infuse approximately $1 billion into the existing 140-acre property over the next decade. Plans include 10,000-seat state-of-the-art arena, cutting-edge golf facility, new 800-room hotel tower, 300 affordable riverfront residential units and more. GSR Owner Alex Meruelo and University of Nevada, Reno President Brian Sandoval also announced the exploration of a partnership with the Nevada men's basketball team, which could make the arena their home upon completion of construction. Learn more: renoarena.com #GSR #GrandSierraResort #TheMerueloGroup #RenoArena #RenoTahoe