$100 million makeover of Downtown Grand, once the Lady Luck, to open Nov. 12 (LVRJ) Chris Sieroty, Las Vegas Review-Journal · October 4, 2013 at 3:14 pm he downtown Las Vegas resort property once known as the Lady Luck will reopen next month as the Downtown Grand, the property’s chief executive said Friday. Seth Schorr, CEO of the Downtown Grand Las Vegas, said a ribbon cutting ceremony is set for Nov. 12. Schorr also said reservations were being accepted for rooms with availability beginning Oct. 27. “We have been working hard on this project for several years, “ Schorr said. “The support of the entire downtown community has been overwhelming, and we look forward to adding another amazing element to the revitalization of Las Vegas.” Schorr said the investment made by the property’s owner, CIM Group, in the Downtown Grand and the surrounding Downtown3rd neighborhood will be “north of $200 million” when it’s all completed. The price of the renovation, redesign and transformation of the Lady Luck into the Downtown Grand was about $100 million. The Downtown Grand at Third Street and Ogden Avenue is in the process of hiring 800 employees. The Downtown Grand features 634 rooms, about 600 slot machines and 30 table games. “This has been an amazing year for downtown Las Vegas,” Schorr said. “The relocation of Zappos’ headquarters, multiple new businesses in the Fremont East entertainment district and the upcoming Life is Beautiful festival are all proof that we are in the middle of a downtown resurgence.” The original Lady Luck casino opened in 1964 and closed in 2006. The new casino has become the anchor tenant of the Downtown3rd district, which boasts restaurants and bars. Schorr told the Review-Journal’s editorial board Wednesday that the next phase of development was about 2 years away and would include 80,000 square feet of retail space adjacent to the Mob Museum and 20,000 square feet of convention space. Schorr expects the Downtown Grand to grow the market. He also said he was confident that they brought “a product to market that competes with the Golden Nugget.” Contact reporter Chris Sieroty at email@example.com or 702-477-3893. Follow @sierotyfeatures on Twitter.