After two years of fast-tracked construction, the building opened with fanfare, fashion and media attention on May 3, 1978. The Summer of 1976 saw construction begin on the 26 story, 1,015 room property that would then be one of the largest in the world. Following a deal with and approval from the City Council, MGM purchased land between Mill and 2nd Streets, at that time a gravel pit. In 1975, officials from the Metro-Goldwyn Mayer Company began to scout out Reno locations for their proposed high rise hotel-casino they wanted to model after their very high-profile Las Vegas casino, the MGM Grand. It is owned and operated by Southern California based investment group headed by The Meruelo Group. GSR has a movie theater, a Race & Sports Book, nightclubs including LEX Nightclub, a 25,000 sq ft venue with a swimming pool, lake golf driving range, a two screen cinema, an RV park and a recently opened ice rink. The hotel has 1,990 guest rooms and suites, 27 floors, 12 restaurants, including Charlie Palmer Steak by celebrity chef Charlie Palmer, and a casino with 80,000 sq ft of space. Grand Sierra Resort (formerly MGM Grand Reno, Bally's Reno and Reno Hilton) is a hotel and casino located approximately three miles east of Downtown Reno, Nevada.
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