Study after study has concluded that stadiums aren’t effective economic development drivers. But a leading urban growth researcher says Orlando and Las Vegas are exceptions because of the strength of their regions’ tourism economies.
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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.
The arrival of Las Vegas’ National Hockey League franchise and the potential relocation of the Oakland Raiders to Southern Nevada present enormous retail prospects on everything from T-shirts to all forms of logoed merchandise.