GSR Owner Alex Meruelo and University of Nevada, Reno President Brian Sandoval also announced the exploration of a partnership with the Nevada men's basketball team, which could make the arena their home upon completion of construction. The arena will span approximately 300,000 square feet and offer contemporary amenities, including suites and premium hospitality clubs. The centerpiece of this visionary project is a cutting-edge arena, designed to host various events such as concerts, special events, basketball games, and other sports, with a capacity exceeding 10,000 seats. 'The vision is to transform GSR into a destination where community, sports and entertainment converge,' Alex Meruelo. Plans are underway to infuse approximately $1 billion into the existing 140-acre property over the next decade. announced what will be the largest private capital investment in the city's history. 27, 2023 /PRNewswire/ - Today Grand Sierra Resort (GSR) in Reno, Nev. Plans include 10,000-seat state-of-the-art arena, cutting-edge golf facility, new 800-room hotel tower, 300 affordable riverfront residential units and more