In-N-Out buys portion of former North Las Vegas casino site

In-N-Out Burgers has acquired a 1.2‑acre parcel at the southeast corner of Rancho Drive and Lake Mead Boulevard in North Las Vegas for approximately $4 million, securing a foothold on the former Texas Station hotel‑casino site. Property records show the sale, conducted by developer Agora Realty & Management, closed this month. The burger chain plans to build the location at the edge of a retail plaza that occupies part of the former Texas Station property. The purchase adds to a broader development slated to include a Cardenas supermarket and other tenants. Matt Loevenguth, manager of real estate for In-N-Out, said in a statement Tuesday that the institution is excited to be moving on the new location at Rancho and Lake Mead and hopes to commence operation soon. He did not supply an estimated start date. But he said that when In-N-Out begins construction, it usually takes about 8 or 9 months for the building to open for business. Aaron Lefton, president of acquisitions and leasing for Agora, said in an email Tuesday that more than 10 prospective building and retail users showed interest in the tract that In-N-Out yet purchased, adding there was "tremendous demand" for the location. Agora’s Hylo Park improvement spans 73 acres along Rancho at Lake Mead. Plans call for housing, retail, recreational facilities and other uses—a large undertaking already reshaping a stretch of the city that once housed two hotel‑casinos. The developer bought the sprawling tract—which includes the former Texas Station and Fiesta Rancho sites—for about $58 million combined in 2023. The seller, Station Casinos, never reopened those properties after the pandemic shutdowns and later demolished portions of them. Homebuilder Lennar Corp. is presently developing a subdivision on much of the former Texas Station footprint. Plans show a 373‑lot project featuring a mix of townhomes and freestanding single‑family homes, together with a central park area that includes an “adventure trail” and playground. After the North Las Vegas Planning Commission approved Lennar’s proposal, Agora sold the 36.5‑acre parcel for $26 million in late 2024 to a land‑banking entity. Such groups typically acquire land for homebuilders and later sell parcels once they are ready for construction. Regarding the Fiesta Rancho site, Agora broke ground last year on the neighboring buying plaza, which covers an 11‑acre portion of the former Texas Station footprint. Its expected tenant roster includes Hispanic supermarket Cardenas and discount retailer Ross Dress for Less. As seen this week, Starbucks and Chipotle have already opened in the plaza. Lefton, of Agora, said the buying plaza is 98 percent leased. Meanwhile, plans for the 25‑acre former Fiesta Rancho site envision a 200,000‑square‑foot indoor‑use facility, an extended‑stay hotel, a medical building, and shops and restaurants, according to the developers. The location will also retain its existing ice rink, now called Hylo Park Arena, which previously was attached to the Fiesta. The rink temporarily closed this spring after a major equipment failure, and it was expected to take up to 14 months to regenerate the system and get everything up and running again, Agora previously said.