New Las Vegas Strip Casino: Silverado Project Guide

Reviewer Paul Jacobs
Reviewed By Paul Jacobs Casino Expert

A new Las Vegas Strip casino could break ground on a vacant 13.5-acre lot about five miles south of the main tourist corridor. Nevada developer Michael Ochoa has filed plans with Clark County for a two-phase project known for now as Silverado. The site sits at the northwest corner of Las Vegas Boulevard and Richmar Avenue. The Clark County Zoning Commission reviews the proposal on September 2, 2026.

If approved, this new Las Vegas Strip casino would sit near the Silverado Ranch community, well outside the tourist core and closer to the locals’ gaming market. It sits just north of South Point, the longtime neighborhood casino owned by Michael Gaughan.

What’s Planned for This New Las Vegas Strip Casino

Silverado would arrive in two phases and total roughly 404,000 square feet once finished. Phase one covers the casino floor and the first hotel tower. Phase two adds a second tower and expands the lobby and lounge space.

Feature Phase One Phase Two
Hotel tower One 6-story tower Second 6-story tower
Rooms 300 rooms 150 rooms (450 total)
Casino floor 57,000 sq. ft. No new casino space
Amenities Restaurants, bars, meeting rooms, a spa, business facilities, and executive offices Expanded lobby, lounge, back-of-house space
Parking 5-story garage, 946 spaces (211 EV-ready, 26 EV-equipped) No change planned

The plan also calls for a five-story parking garage with 946 spaces. That includes 211 spots wired for future EV chargers and 26 already equipped. Restaurants, bars, meeting rooms, a spa, and executive offices round out phase one.

Who’s Building Silverado

Ochoa runs Ochoa Development Corporation and holds an unlimited general building license in Nevada. His background is in apartments, industrial buildings, and timeshares, not casinos. Public filings show no prior casino project under his name.

Design work comes from Gensler and Yihong Liu + Associates. Gensler is the global architecture firm behind hospitality projects across Southern Nevada, including recent work at downtown’s Golden Gate. RCI Engineering handles the civil work, and LAS Consulting represents the project before the county. That team gives this new Las Vegas Strip casino some credibility, even though the lead developer is new to gaming.

A Neighbor Who Isn’t Fighting It

Casino projects near an established property often draw pushback. Not this one, at least not from next door. Gaughan told Casino.org the Silverado team met with him for hours and even asked him to invest. He passed, citing his age, but told Casino.org he wouldn’t try to stop them. “I wish them luck,” he said.

Land use consultant Lucy Stewart represents Ochoa Development. She called the project a long-term investment that would help revitalize this stretch of Las Vegas Boulevard. The site sits across from the former Paradise Spa condos, torn down after years of fires and squatting. Residential redevelopment is already planned there too.

What Happens Next for This New Las Vegas Strip Casino

The Clark County Zoning Commission decides on September 2 whether to approve the use permit and design review. Ochoa also needs several waivers, including adjustments to driveway width and landscaping rules.

A zoning commission vote doesn’t guarantee a casino gets built. It clears the legal path for construction. But the developer still needs financing and a licensed gaming operator before Silverado becomes more than blueprints. Neither has been announced.

For now, this new Las Vegas Strip casino stays a proposal worth watching. A win on September 2 would open the door to a new gaming address on this side of town. The final shape depends on the developer’s ambition, plus the players and neighbors who decide whether they want it.

Alex Harper

Alex Harper

Alex Harper is part of our editorial team, contributing casino guides, news, and reviews.

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