The Nevada Board of Regents has voted 11-1 in favor of a joint-use agreement that enables the UNLV football team to use the planned $1.9 billion football stadium being built by the Oakland Raiders.
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.
When the Oakland Raiders selected a general contractor to build the planned 65,000-seat Las Vegas stadium, team executives said they wanted the best. And when Minneapolis-based M.A. Mortenson Construction began building sports facilities, company executives said they, too, wanted to be the best.
Ask the average Minnesota Vikings fan about the team’s potentially historic run toward Super Bowl LII and there’s no question: They would love the team to be the first ever to host the NFL’s championship game in its home stadium on Feb. 4.
UNLV will have access to Las Vegas Raiders stadium parking lots, on and offsite, and collect parking fee revenue from themduring UNLV events.
The Nevada Board of Regents in early January will get its first look at a proposed UNLV Joint-Use Agreement for the 65,000-seat domed football stadium being built by the Oakland Raiders after the university and the team resolved every major issue in negotiations that wrapped up last week.
The home stretch for completing a stadium development agreement with a firm price begins Thursday with the December Las Vegas Stadium Authority board meeting.
Rep. Dina Titus has sent a letter to congressional leaders urging a conference committee to add language that would exempt two major Las Vegas projects from a bill that would ban the use of tax-exempt bonds for stadiums used by professional sports teams.
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.
Oakland Raiders President Marc Badain is protecting what’s going to happen at Monday’s Las Vegas stadium groundbreaking event like it’s the playbook for the team’s game next week against the New England Patriots.