SBD/February 8, 2011/Facilities

Development Group Proposes Three-Stadium Project In Las Vegas

Proposed downtown Vegas project would replace UNLV athletics venues
A newly formed consortium has proposed a $1.57B Las Vegas National Sports Center than includes "a 17,500-seat arena for basketball and hockey, a 9,000-seat partially enclosed baseball stadium and a 50,000-seat partially enclosed football stadium," according to Richard Velotta of the LAS VEGAS SUN. The proposed development, from Int'l Development Management, the Romani Group and Turner Construction, "would be located in downtown Las Vegas on 70 acres northeast of the World Market Center." It is "dependent on having professional sports tenants," and IDM said that the venues "would be privately financed and no new taxes or tax redirections would be necessary to build them." The baseball and football stadiums could "be expanded to 36,000 and 75,000 seats, respectively," to host MLB and the NFL. The investment group said that it would "seek lease agreements with UNLV to allow the school’s football, basketball and baseball teams to play in the facilities for $1 a year to provide a new downtown home for Rebel sports." Velotta notes the proposal challenges an "on-campus domed stadium plan announced last week by Majestic Realty," and has surfaced just "days before the Board of Regents are scheduled to conduct a special meeting on the domed stadium." IDM's report "criticizes several aspects" of Majestic Realty's UNLV Now plan, including that UNLV "could sign an exclusive negotiating agreement with Majestic without a competitive bid process" (LAS VEGAS SUN, 2/8).
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