Phoenix has long held a monopoly in the Southwest on hosting major sporting events. But that has changed with Las Vegas and Los Angeles adding new facilities.
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Las Vegas was awarded a men’s basketball regional and hockey’s Frozen Four, and the city has its eyes on the Final Four and College Football Playoff National Championship.
Southern Nevada real estate professionals already have seen indications of an anticipated climb in local land values as a result of Las Vegas’ leap into big-league status.
The rapid emergence of pro sports in Southern Nevada ramps up our civic pride, but also unleashes a new set of issues and the LVCVA will soon find itself right in the middle of them.