SBD/Issue 35/Facilities & Venues

Las Vegas Expected To Tap Cordish Co. To Study 20,000-Seat Arena

Contract Would Give The Cordish Companies
Exclusive Rights To Study Project's Feasibility
Las Vegas Mayor Oscar Goodman Thursday said that he "plans to have the Las Vegas City Council next week look at an exclusive contract with The Cordish Companies to start planning" a 20,000-seat downtown sports arena, according to Dave Toplikar of the LAS VEGAS SUN. The contract would allow Cordish to "have exclusive rights to study the feasibility of the project, which would encompass 18 acres, including the City Hall campus and 12 acres to the east." Goodman said Cordish is "taking this very seriously. ... I don't think they would be wasting their time unless they were very, very serious." Goodman said that he has "worked hard to get NBA officials and owners interested in the arena." He added that the economy "will be a factor in creating the project," and how the NBA does financially this season "will also have an effect." Goodman: "I believe as soon as we have an arena -- this is my belief, I have nothing that is signed in blood, there's no contract -- but I believe we'll have a team." He added that he was "not ruling out a professional hockey team coming to town to play in the arena either." Goodman said that basketball has "moved along more quickly than hockey." But he added NHL Commissioner Gary Bettman "is high on Las Vegas" (, 10/29). In Las Vegas, Alan Choate reports Cordish would have "two years to study the arena project's feasibility, a period that can be extended by a year if necessary" (LAS VEGAS REVIEW-JOURNAL, 10/30).

THE REAL DEAL? In Las Vegas, Jon Ralston writes, "This is only about a feasibility study and we are nowhere near a deal for pro basketball. And we have heard this before from [Goodman]. But maybe this time it's for real. Maybe" (LAS VEGAS SUN, 10/30).

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