Another grandiose plan for a resort centered around an arena for the incoming NBA basketball team was announced yesterday. This one joins a long list of proposals that we covered in a recent Question of the Day. “Starr Vegas” would be what the developers call an “ecosystem for year-round sports, entertainment, and luxury living” near the intersection of S. Las Vegas Blvd. and W. Starr Ave, roughly two miles south of South Point. The 63-acre site would host a kitchen sink full of attractions and amenities, including a 25,000-seat arena; a 50,000-seat soccer/concert stadium with retractable roof; a 1,000-seat rooftop dome (which looks to us like a venue for watch parties); a cultural and entertainment district complete with theater, comedy club, boxing museum, and Combat Sports Hall of Fame; and hotel, casino, sports book, retail, office, and residential components. The announcement also mentions a new proprietary ticketing system. The developers have long ties to ticketing, sports venues, and Las Vegas real estate and claim to have already secured $6 billion in funding for the project, which is budgeted at $10 billion. We’ll see.
Source: Las Vegas News