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Eastside Cannery to be Demolished, May Result in New Las Vegas Multifamily Property

NVBEX Staff

Eastside Cannery Exterior
Credit: Sam Morris/Las Vegas Review-Journal

Boyd Gaming Corporation has opted to demolish its Eastside Cannery property at 5255 Boulder Hwy. in Las Vegas to make way for a housing development.

The 16-story hotel-casino once consisted of 307 hotel rooms and was shuttered five years ago due to the pandemic.

The tower also had a 64KSF casino, a handful of bars and restaurants, a club, a 250-seat entertainment space and a 20KSF ballroom area.

The company had spent more than half a million dollars maintaining the property since the pandemic. This consisted of running utilities and keeping its IT and security systems secure.

The company recently released a statement saying it is nearing the end of its demolition plans and is in the midst of discussions regarding the sale of the property for potential residential purposes.

The move comes as the gaming company has considered the market conditions surrounding the area. The company purchased Eastside Cannery alongside its North Las Vegas counterpart, Cannery, in 2016 for $230M. (Source)

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Mark Hobaica

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Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.