New Developer Gambles On Vegas Arena Idea
Posted: November 2, 2009
LAS VEGAS (AP) — Las Vegas city officials say a Baltimore-based developer wants to build a sports arena on several blocks of city-owned land downtown along U.S. 95. The Cordish Companies is due to ask the City Council next week for time to work on plans for a 20,000-seat arena for a professional basketball or hockey team, along with a mixed-use entertainment district and a hotel-casino. City spokesman Jace Radke says the developer wants an exclusive negotiating agreement to give it time to study the project's feasibility.
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The project would include property at Las Vegas Boulevard and Stewart Avenue now occupied by Las Vegas City Hall. A previous developer recently bowed out of a similar plan for an arena at another downtown site. |
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