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’s Raiders will formally break ground on their Henderson headquarters and practice facility this month, the team announced Wednesday.
The Henderson City Council took its first vote on a development agreement for the Raiders headquarters and practice facility. The item was unanimously approved but will need to be voted on again at a later meeting.
The planned facility near Executive Airport Drive and St. Rose Parkway would house 1½ indoor football fields, a 200-seat theater, a training center and office space. At 323,000 square-feet, the planned headquarters is about twice the size of the MGM Grand’s casino.
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.
Concerns raised this month by the stadium’s developers and MGM Resorts International prompted state transportation officials to reconsider building a direct-access carpool lane from Interstate 15 to the Hacienda Avenue overpass.
A new NFL stadium is still a long way from completion and billboards all over town say, “The Raiders are coming.”
For much of Wednesday night, there were cheers for the Henderson Raiders. Oakland Raiders President Marc Badain said his football team couldn’t be happier with the neighborhood the team will move to in 2020, when the Raiders relocate from the Bay Area to the desert.
The Henderson Development Association will host “The Story of the Raiders HQ Relocation — A Win For Henderson,” moderated by Raiders President Marc Badain and Henderson Mayor Debra March from 5 to 7:30 p.m. May 2 at Henderson Commerce Center Commercial Way.