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.
Construction is on schedule for the 146,000 square-foot building adjacent to Downtown Summerlin that will be the NHL expansion team’s headquarters and training facility when it opens in mid-August.
The AEG-MGM arena construction is underway. Here’s a behind-the-scenes look at the $375 million arena’s floor pouring.