Bicycle Casino in Bell Gardens Gets Neighboring $45M Hotel

A new $45M, 117k SF Bicycle Hotel opened yesterday in Bell Gardens adjacent to the Bicycle Casino, the second-largest card club in California with 185 tables for poker and other card games.

The seven-story hotel has 99 guest rooms and 29 luxury suites. Amenities include a fitness center, outdoor pool deck, a spa and sauna, as well as a Bike Brewery that features 28 beers on tap; a skybar; a bakery; and an Asian-inspired restaurant aimed at attracting the local community, which is heavily Asian, while serving hotel guests.

Currently privately owned and operated by Bicycle Hotel & Casino LLC, the casino has a colorful history, according to GlobeSt. The federal government seized the facility in 1991, when a jury found that $12M of the $22M used to build it was provided by Florida drug smugglers. After operating it for five years, the government sold its share of the casino to a British gambling company. [GS] 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Gencom-Led Partnership Acquires InterContinental Hotel In Downtown Miami

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

Prism Scoops Up Largest Hotel Chain In The Netherlands

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Hollywood's Yamashiro Complex Gets $25M Refinance: The Los Angeles Deal Sheet

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Developer Pitches Massive Hospitality, Makerspace District South Of Austin

Kroger Plans 3 New Store Formats, 110 New Locations In Bid To Boost Sales