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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If Wednesday’s Las Vegas Stadium Authority agenda brings about a sense of deja vu, you’re not imagining things.
The Raiders want to start construction by Nov. 1 on a new NFL stadium that could rise 225 feet from a vacant 62-acre plot of land on Russell Road, just west of Interstate 15, according to information posted Monday morning by the Federal Aviation Administration.
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A pro-Las Vegas vote is anticipated, but owner Mark Davis has been nervous for months regarding the outcome as he waits for his wealthy peer group to decide whether it is in their financial interest to allow the Raiders to move to the desert.
The Oakland Raiders submitted a proposed stadium lease agreement to the Las Vegas Stadium Authority Thursday that calls for the team to pay rent of $1 per year.
The Nevada Taxpayers Association and Nevadans for the Common Good on Monday declared their opposition to a proposed $1.9 billion domed football stadium in Las Vegas, the first signs of organized public opposition to a project that will be considered by lawmakers next month.