The NFL team purchased three buildings next to its Henderson headquarters, including the Las Vegas Aces’ new training facility.
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Raiders owner Mark Davis, after bailing on plans to build a house in a wealthy Las Vegas enclave, has bought a bigger plot across town in the Henderson mountains.
Chicago-based Mesirow Financial purchased the under-construction football facility and leased it back to the NFL team for 29 years, with seven 10-year extension options, documents show.
A Henderson official called the Raiders practice field a “catalyst project,” though developers with projects in the area gave mixed responses as to whether the team’s arrival has sparked any other construction nearby.
The area around the Raiders stadium may not be the best or easiest place to build a big project or open a retail business.
The $1.84 billion stadium project about a mile west of Las Vegas Boulevard, was dumb luck for nearby landlords. A few bought property right across from the stadium site as recently as 2015 — two years before the football team purchased its land — and others have owned parcels much longer.
The NFL team, which plans to move to Las Vegas from Oakland, California, in 2020, is already building its 65,000-seat stadium near the Strip. But it hasn’t submitted building plans for its practice facility and headquarters off St. Rose Parkway near Henderson Executive Airport.