The rest will be given the opportunity next week to interview with Downtown Project representatives.
Siegel said his company would find as many jobs for employees as it can at its other Las Vegas properties. “We sell things from time to time, if it makes sense.” “We weren’t in the position that we needed to sell the building,” Siegel Group President and CEO Stephen Siegel said Thursday. The Downtown Project expects to announce redevelopment plans for the property later this year. The Siegel Group’s announcement confirmed it.Īccording to the Siegel Group, the Gold Spike, which first opened in 1976, will close at 3 p.m. The Downtown Project already owned the note on the property, suggesting a transfer was in the works.
Thursday announced the sale of the Gold Spike for an undisclosed amount to an entity of Tony Hsieh’s Downtown Project, a privately funded venture working to revive downtown Las Vegas. has announced it has sold the Gold Spike hotel and casino to an entity under Tony Hsieh’s Downtown Project.
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