Source: Raiders Stadium Will Cost $200M Less Golden Knights' Practice Facility To Be Top-Flight St. Louis MLS Investors Hopeful Funding Vote Passes Georgia State Updates Turner Field Construction Rays' Ballpark Site Search Still Complicated Braves Will Help Fans With SunTrust Traffic Raiders' Vegas Stadium Financing Remains Complicated Sacramento, Kings To Refinance '97 Arena Loan Facility Notes Proposal Made To Lift Crandon Park Restrictions
SBD/August 27, 2014/Facilities
Term Sheet: Taxpayers Would Be On Hook For 75% Of Costs For Las Vegas MLS Stadium
Published August 27, 2014
REBEL YELL: The LAS VEGAS REVIEW-JOURNAL's Snel cites a Kimley Horn engineering study as identifying "two viable" UNLV stadium sites, "with one requiring realignment of Swenson Street to accommodate a facility southwest of the Thomas & Mack Center." Moving Swenson would cost either $107M or $115.8M, "depending on which of two realignment options is chosen." Engineers also "checked out a second potential stadium site -- a 42-acre, off-campus private site off Tropicana Avenue on the east side of Koval Lane." Engineers estimated that this site's cost would be $49.8M, "excluding land acquisition," which could be in the $55M range. Wells Fargo & Co. owns the site. The Kimley Horn report "will be presented to the UNLV stadium board" tomorrow (LAS VEGAS REVIEW-JOURNAL, 8/27).