SBD/February 2, 2011/Facilities

Developers Unveil Proposal For 40,000-Seat Domed Stadium At UNLV

Proposed 40,000-seat stadium would house UNLV's football, basketball teams
Silverton Casino President Craig Cavileer and Majestic Realty Chair & CEO Ed Roski yesterday officially unveiled their proposal for a 40,000-seat "domed stadium that would house UNLV's football and basketball teams," according to Richard Lake of the LAS VEGAS REVIEW-JOURNAL. The stadium "theoretically could adjust in size to seat anywhere from a few thousand people to 40,000." Plans also call for "refurbishing the Thomas & Mack Center, where UNLV currently plays its basketball games," and adding "3,000 or more units of on-campus housing." In addition, the proposal includes 600,000 square feet of "retail space housing everything from restaurants to hotels to coffee shops," and "several parking garages with enough spaces for 15,000 or more vehicles." But there is "no financing in place" for the project, and there are "no hard and fast designs." Also, there have been "no agreements with the necessary government entities" and "not even a guess as to the total cost or the year it might be finished." Cavileer said that the developers "have no plans to seek any public financing," and that the project "would likely be financed through private and corporate donations, the developer's money, borrowing and revenues from a special improvement district, if approved." Lake notes Cavileer and Roski "will present their ideas to the higher educations system's Board of Regents on Feb. 11" (LAS VEGAS REVIEW-JOURNAL, 2/2). In Las Vegas, Steve Carp notes the new stadium may be the "magnet that finally attracts a major league sports franchise" to the city. The project's developers were "treading lightly on the notion of the NBA or NHL placing a team in the facility." But Cavileer said that the stadium "would be an ideal place to attract combat sports." Cavileer: "We'd love to be the home of the UFC. We'd also love to have the big fights" (LAS VEGAS REVIEW-JOURNAL, 2/2).

STILL IN PRELIMINARY STAGES: In Las Vegas, Ed Graney writes, "It's a tremendous project with endless possibilities and one that if it comes true might earn Neal Smatresk his own bust outside the stadium, or at least have one of the proposed new entryways named for the university president. But that's where it remains today" (LAS VEGAS REVIEW-JOURNAL, 2/2). Also in Las Vegas, Ryan Green writes, "For all of the optimism on display Tuesday, there were several questions hanging over the crowd that just couldn't be answered completely in this preliminary stage. How much, if any, public money would be needed to complete the venture? What would happen to Sam Boyd Stadium if this comes to fruition? ... What kind of traffic headaches would be caused with this?" (LAS VEGAS SUN, 2/2).
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