The Las Vegas Stadium Authority will get its first look at the details of the financing of the 65,000-seat domed football stadium when it meets Thursday, a day after Clark County officials conduct a high-impact project hearing on the development.
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The Raiders are still a few years away from throwing the pigskin in Las Vegas. But one investor group is getting in on the team’s neighborhood early – and it paid a premium.
The Nevada Department of Transportation is negotiating with CA Group to complete an environmental study of several improvements along a section of Interstate 15 near the NFL stadium site for the Raiders.
Clark County commissioners are expected to vote next week whether to allow the project to continue. While approval is all but certain, county staff has requested several stipulations be incorporated with the OK.
Providing adequate transportation infrastructure for Las Vegas’ impending NFL stadium was a chief concern for members of local town advisory boards who convened Wednesday night.
The Las Vegas Monorail Co. this week purchased a small chunk of land near the southern end of the Strip, county records show, possibly for an extended route from the MGM Grand to Mandalay Bay.
Clark County Commissioner Chris Giunchigliani threw a Hail Mary pass on Thursday by suggesting that traffic improvements surrounding the new Raiders stadium should be funded by the project’s developers.
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.
Contractors for the Las Vegas stadium project will issue the first of six procurement bid requests July 3 and expect prospective bidders to return proposals by the end of that month, the building team told subcontractors and suppliers Thursday.
The Oakland Raiders and local officials are no further along than they were a year ago in locking down a key aspect of the Las Vegas stadium project: how much it will cost.