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.
The University of Nevada, Las Vegas Foundation, UNLV’s nonprofit fund-raising arm, has entered a deal with Wells Fargo to buy a 42-acre site at Koval Lane and Tropicana Avenue for $50 million for a potential football stadium, or other uses.
The group pushing for a National Hockey League team in Las Vegas used a TV ad during Sunday’s Super Bowl telecast to create more buzz around a season ticket deposit campaign set to launch Feb. 10.
