A domed stadium proposed for the University of Nevada, Las Vegas football team has a price tag of $1.2 billion, and developers would seek $780 million in public financing, according to a document provided by Las Vegas Sands Corp., which is leading a consortium behind the project.
Casino giant Las Vegas Sands Corp. will lead a consortium of investors planning to build a $1 billion domed stadium on 42 acres near the University of Nevada, Las Vegas that would house the school’s football team — and possibly a National Football League franchise.
After recently closing on the purchase of 42 acres at Tropicana Avenue and Koval Lane for more buildings and a possible football stadium, UNLV officials are working on an agreement with Clark County to use 38 acres of county land next to the just-acquired 42-acre parcel.
Wireless operator T-Mobile has bought the naming rights to the $375 million arena being built by MGM Resorts International and Anschutz Entertainment Group (AEG) that is set to open on the Strip in April.
