A sports and entertainment developer is pitching a 66-acre sports campus in Las Vegas. The project, the vision of Oak View Group, aims to attract an NBA franchise to the Las Vegas Valley. According to KTNV television station, the company is working with Clark County on finalizing entitlements for construction of an arena as its centerpiece. The campus would include hotels, casinos, restaurants and other facilities at an estimated cost of $10 billion – making it “the largest development in the history of Las Vegas.” Oak View Group has already invested $27 million with another $1 billion ready from private funds.
This news comes shortly after Nevada lawmakers approved public funding for a proposed Major League Baseball ballpark on the Strip worth around $1.5 billion – home to Oakland Athletics if MLB commissioners approve their relocation request.
