The Las Vegas Review-Journal reports that the developers of the Las Vegas Diamond Arena have acquired a three-acre parcel of vacant land on the Strip across from Mandalay Bay. According to the publicist, that piece “gives the group control of the land needed to build the proposed 21,212-seat arena” to host a putative Las Vegas pro basketball team. The three acres gives the group a total of 11; they’re also “in the process of acquiring land just south of the site, where it plans to develop a private jet terminal.” The proposal includes an underground tunnel linking the terminal to the arena for the exclusive use of the teams, VIPs, and artists who’d perform there. Diamond is one of at least six proposed sites for an NBA arena — if the league grants Las Vegas an expansion team, whose inaugural season would be 2028-2029.
Source: Las Vegas News