The Oakland Athletics are considering hiring an investment firm to assist team owner John Fisher in securing financing for construction of their planned Strip ballpark.
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The A’s are in talks to include some of the Neon Museum’s vintage Las Vegas resort signs in-and-around their Strip stadium, scheduled to be built on 9 acres of the 35-acre Trop site.
With design work still ongoing, Oakland Athletics owner John Fisher didn’t reveal specifics about what the planned ballpark would include.
The A’s plan to build a $1.5 billion, 33,000-seat stadium on 9 acres at the Tropicana site on the Strip, with an opening set for 2028.
Oakland Mayor Sheng Thao’s office said it would consider allowing the Athletics to extend their lease at the Coliseum beyond 2024 if MLB grants certain concessions.
The governor’s signature on the legislation ends a lengthy process in which the A’s sought to move from their longtime home in the Bay Area.
The redevelopment of the Tropicana property is long overdue, said Bally’s Corp. chairman Soo Kim. The company is eager to get that underway as soon as possible.
The MLB franchise needs lawmakers’ approval for a $1.5 billion ballpark on the Strip, including up to $380 million in public financing.
A bill to provide up to $380 million in public financing for a $1.5 billion ballpark has not yet been introduced at the Nevada Legislature.