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 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.
Pending league approval of the Raiders’ relocation request in January, Mark Davis said the team would not play games in Las Vegas before the 2019 regular season.
No one could have imagined back in 1928 the pot of gold the NFL would become, nor how exclusive and valued a franchise would be to those cities hosting them. If such a truth is going to find Las Vegas, this is certain: It must happen now.
Oakland Raiders owner Mark Davis on Thursday told the Southern Nevada Tourism Infrastructure Committee that he wants to move his NFL franchise to Las Vegas, and he pledged $500 million toward the construction of a $1.4 billion domed stadium if a public-private financing plan is approved by the Legislature.
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.
UNLV officials are looking at commercial developments including a 30,000-square-foot entertainment building, restaurants and retail stores as possible money-makers to help buy a 42-acre stadium site at Tropicana Avenue and Koval Lane.
It’s strictly at the brainstorming stage, but University of Nevada, Las Vegas consultants have floated the idea of extending the Las Vegas Monorail to a 42-acre site at Koval Lane and Tropicana Avenue to serve a potential UNLV football stadium and then extend the monorail to the Thomas & Mack Center and the rest of the UNLV campus.
UNLV’s campus stadium initiative culminated Thursday with the stadium board approving resolutions endorsing a venue at the university — someday.