Gold Spike (formerly Gold Spike Hotel & Casino) is a bar, lounge, residential building, and former

boutique A () is a retail shop that deals in high end fashionable clothing or accessories. The word is French for "shop", which derives ultimately from the Ancient Greek Ancient Greek (, ; ) includes the forms of the Greek language used in anc ...

112-room, seven floor hotel. It is connected with the Oasis at the Gold Spike, a 50-room three floor hotel located in

downtown Las Vegas Downtown Las Vegas (commonly abbreviated as DTLV) is the central business district and historic center of Las Vegas, Nevada, United States. It is the original townsite, and the Downtown gaming Las Vegas, Downtown Gaming Area was the primary gambl ...

. It was owned by entrepreneur

Tony Hsieh Anthony Hsieh ( ; December 12, 1973November 27, 2020) was an American internet entrepreneur and venture capitalist. He retired as the CEO of the online shoe and clothing company Zappos in August 2020 after 21 years. Prior to joining Zappos, Hsi ...

and his Downtown Project, having bought it from

The Siegel Group The Siegel Group, Inc. is a full service commercial real estate firm based in Las Vegas , Nevada and Studio City, California. It is a developer and operator of multi-family, extended stays, flexible stays, retail, hospitality, hotel-casinos, and ...

; and the casino was operated by Golden Gaming. Hsieh closed the casino on April 14, 2013. After a three-week remodel, Gold Spike re-opened the casino as a restaurant and bar on May 6, 2013. The hotel portion of the building was recently converted into permanent and temporary workforce housing for Downtown Project, entrepreneurs, and Zappos; Oasis hotel is a separate building on the same property.

History

Rendezvous (1976-85)

It originally opened in 1976 as the 112-room ''Rendezvous, owned by the 76 Corporation.'' In 1983

Jackie Gaughan John Davis Gaughan, Sr. (October 24, 1920 – March 12, 2014) was an American casino owner and operator from the early 1950s in Las Vegas, Nevada. He had an ownership stake in many casinos throughout his career, but he is best known for his owner ...

purchased the property after it had been closed for several months.

Gold Spike Hotel & Casino (1985-2013)

The Gold Spike, for many years, was known as an inexpensive downtown Las Vegas hotel with decent rooms, limited amenities, and a decent sized casino. On December 6, 2002, Jackie Gaughan agreed to sell the Gold Spike and three other casinos to Barrick Gaming. This sale, along with several other downtown Las Vegas hotel/casinos, was completed in 2004, for a combined total of about $82 million. Barrick Gaming Corp was in partnership with Tamares Group. After the purchase, management discontinued the table games and only offered slot machines. In a few years the property was offered for sale. Gold Spike bar demolishing

On July 23, 2007, Greg Covin bought the property for $15.6 million with the intention of turning it into a boutique hotel. Covin sold The Gold Spike on February 4, 2008 for $21 million to

. The Siegel Group set out to completely renovate the property and combine it with an old and forgotten 52-room motel located next to the property. As one author wrote, the Gold Spike now has "Quartz walls, tile floors, wood accents, and new everything", making it "a very modern boutique hotel in the heart of downtown". The first floor, containing the gaming floor, the bar, and the restaurant, was completely renovated by February 2009. By April 2010, all guest floors and the exterior of the hotel has been completely remodeled and renovated. In May 2010, the Oasis Pool opened, giving Gold Spike a swimming pool. In April 2013, it was reported that the property's debt had been acquired by

's Downtown Project, a campaign to revitalize downtown Las Vegas.

Casino closure

Siegel then announced that it had sold the Gold Spike to the Downtown Project, and that the casino would close on April 14. Siegel retained rights to the Gold Spike name, and said that the company needed to dispose of smaller properties on its way to owning larger casinos on the Strip. Hsieh was reported to be considering several ideas for the property, including a boutique hotel, specialty retail space, or a club, but ruled out a casino, saying that he was "trying to help build a community". In 2014, Gold Spike reopened the former casino area as a bar and lounge with social games. Gold Spike renovated its top floor into a penthouse suite for the thirty-first season of the

MTV MTV (an initialism of Music Television) is an American cable television television channel, channel and the flagship property of the MTV Entertainment Group sub-division of the Paramount Media Networks division of Paramount Global. Launched on ...

television series '' Real World'', '' Real World: Go Big or Go Home''. This suite can now be rented by the public and it is in the Gold Spike property and not The Oasis.

Oasis at The Gold Spike

The adjacent 3-story motel was originally built in 1962 as a 57-room Travel Inn Motel. The property was abandoned, becoming a

blight Blight is a specific symptom affecting plants in response to infection by a pathogenic organism. Description Blight is a rapid and complete chlorosis, browning, then death of plant tissues such as leaves, branches, twigs, or floral organs. A ...

between the

Fremont Street Experience The Fremont Street Experience (FSE) is a pedestrian mall and attraction in downtown Las Vegas, Nevada. The FSE occupies the westernmost five blocks of Fremont Street, including the area known for years as "Glitter Gulch", and portions of som ...

and

Las Vegas City Hall Las Vegas City Hall is the center of municipal government for the City of Las Vegas, Nevada. It is located downtown, with its main entrance on Main Street. History This building replaced the former building which had been used since 1973. Bui ...

. The Siegel Group purchased this property in August 2007 for $5 million and started making plans to renovate it and reopen the property. Plans were put on hold when they purchased the neighboring Gold Spike. Finally, by April 2010, the rooms had been completely renovated and renamed "The Oasis at The Gold Spike" and connected to the Gold Spike via an outdoor lounge and walkway. After a reconfiguration of the property, it was left with 50-rooms, which have been modernized and turned into bungalow suites. The Oasis at the Gold Spike had the distinction of being the only

downtown ''Downtown'' is a term primarily used in American and Canadian English to refer to a city's sometimes commercial, cultural and often the historical, political, and geographic heart. It is often synonymous with its central business district ( ...

hotel with a Las Vegas Blvd. address. In May 2010, the City of Las Vegas changed the entire Gold Spike property to this address.

References

External links

* {{DEFAULTSORT:Gold Spike Hotel And Casino Buildings and structures in Las Vegas Hotels established in 1976 1976 establishments in Nevada Downtown Las Vegas Defunct casino hotels in the Las Vegas Valley