Vegas Nation Stadium Show host Ed Graney talks to business reporter Rick Velotta, who recently got a tour of the Las Vegas Stadium, and they go over all of the updates on the project.
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By nearly every standard, the $1.8 billion Las Vegas stadium is about half finished.
Nearly half of the $1.8 billion has been spent and construction on the Las Vegas stadium is about 44 percent completed with 11 of 26 canopy trusses in place.
Construction crews on the Las Vegas Stadium have begun one of the most difficult — and most dangerous — aspects of the project.
Developers of the Las Vegas Stadium will have a record of the location of every pipe, conduit and light switch thanks to new digital tools.
The third phase of PSL sales — the least expensive in the building with a range of between $500 and $3,900 per seat — are mostly in the highest levels of the stadium.
Raiders owner Mark Davis and two of his key lieutenants, team president Marc Badain and StadCo construction subsidiary chief operating officer Don Webb, threw an onsite barbecue for Las Vegas Stadium workers, thanking them for staying on time, on budget and, above all, safe.
While most of the focus on the planned $1.8 billion, 65,000-seat Las Vegas stadium is focused on the construction site at Interstate 15 and Russell Road, the Las Vegas Stadium Authority continues to monitor agreements it has reached with the stadium’s builders, the Oakland Raiders.
The stadium authority board unanimously approved a $546.3 million budget for the 2018-19 fiscal year and a collection of amended agreements designed to better account for funding of the $1.8 billion, 65,000-seat indoor stadium under construction at Interstate 15 and Russell Road.
Las Vegas Stadium Authority Chairman Steve Hill and Oakland Raiders President Marc Badain on Wednesday signed all the documents needed to fund a $1.8 billion indoor football stadium that will house the NFL team and the UNLV Rebel football team beginning in 2020.