The movie studio would be built at the Harry Reid Research and Technology Park in southwest Las Vegas, but that depends on a bill clearing the Nevada Legislature.
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UNLV is proposing to enter into a 99-year ground lease for 42 acres of university-owned land near the Strip that would generate over a billion of dollars of revenue.
More than half of the 120-acre tech park in the southwest valley is still undeveloped but a film studio and more are in the works.