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- Stevens confirmed in an interview that he acquired the land underneath downtown’s Golden Gate hotel-casino.
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At the time, he stated, they agreed to increase the ground lease by way of 2061. Miller, who died in 1957, acquired the plot for his lodge on the 1905 land public sale that kick-started Las Vegas’ beginnings, Stevens mentioned. The family offered the land to Stevens by way of a business entity — initially fashioned in 1908 — known as Sal Sagev Resort Co. As he defined it, he bought the land from descendants of John F. Miller, who in the early 1900s constructed the Hotel Nevada where the Golden Gate now stands. His $19 million purchase closed final week, property records present. Stevens confirmed in an interview that he acquired the land under downtown’s Golden Gate hotel-casino.
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