The NFL team purchased three buildings next to its Henderson headquarters, including the Las Vegas Aces’ new training facility.
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The Raiders bought a small property across from Allegiant Stadium for a big sum, picking up real estate previously eyed for a hotel.
The 8,684-square-foot house and nearly 1-acre lot next door were listed Feb. 9 for $7.5 million and apparently went under contract with a buyer on Feb. 18.
Project plans filed with the city of Henderson show a three-story, ultraluxury house that would look strikingly similar to the Raiders’ practice facility and even, in some ways, Allegiant Stadium.
Longtime developer Bob Schulman wants to build another upscale rental project, right near Southern Nevada’s newest high-profile residents: the Raiders.
Diversified Partners founder Walt Brown Jr. sold a 1.8-acre parcel for $12.5 million, a few months after he bought it.
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.
City Crossing, by developer Bill Plise, was one of countless megaprojects in the Las Vegas Valley during the bubble years ofthe mid-2000s. And during the recession, it was one of many that flopped.