Spring Mountain Estates, our luxury residential development at the facility, made unprecedented progress in 2017. Nye County Commissioners approved the final residential subdivision map last year and the development team launched a vigorous schedule of preparing the infrastructure for home sites. Construction began in May on a $13.4 Million Water and Sewer Treatment plant to serve the community and surrounding areas. Negotiations with the Bureau of Land Management (BLM) are underway for the acquisition of over 600 acres adjacent to the facility to expand to the North and East. The future development will include over 4 miles of new road course, an independent go-kart track, more classrooms and paddock space, and a private air field.
Silverton Casino Resort plans a new mixed-use development project located on a portion of the 22-acres of commercial land at the entrance to the facility. The first phase includes a major brand 110 room all-suite hotel and casino with over 200 slots, 5 game tables, a sports book and café. Restaurant and retail opportunities will be available on individual parcels fronting Highway 160. The project is expected to break ground in the Summer of 2018.
Construction is slated to begin this summer on a Casino, Hotel, Restaurant and Retail shops at the entrance to the facility. And now you can build the home of your dreams at Spring Mountain Estates, our luxury residential development with 80 home and mixed-use lots. Many of our trackside homes will be under construction later this year and we are looking forward to seeing the changes in the skyline.