Council approves $75,000 façade grant for Poker Palace; owner plans $2.8M renovation and new jobs

The North Las Vegas Redevelopment Agency approved a $75,000 reimbursable commercial façade grant to Poker Palace Investments LLC as part of its commercial-faade improvement program.

Pete McHugh, speaking for Truckee Gaming LLC (which operates with Poker Palace Investments), said the property will reopen in late April as Club Fortune North and "we're excited to start the employment process" for roughly 105 employees. Scott Carter told the board the applicant proposes about $2.8 million in exterior renovations and therefore qualifies for the program's full $75,000 reimbursement cap for individual commercial properties.

Staff presented an economic-impact analysis intended to show community returns: Carter said the $2.8 million investment yields a total output of about $11,000,000 as it moves through the economy and estimated an annual payroll impact of $18,800,000 based on approximately 77 jobs. Carter noted the applicant's application cited roughly 75 jobs while the company representative mentioned about 105 employees; the numbers were presented on the record as "approximately" those values.

Councilmen asked about timing and contract completion windows; staff said approved projects should begin within 45 days and finish within 180 days, with a 60-day extension allowed in certain cases. The agency approved the grant by motion.

The award was described as a reimbursable grant (not a loan); staff will underwrite complete applications and bring them back for approval before obligating funds.