While the State of Nevada is planning a special session on a proposed Las Vegas stadium for the Oakland Raiders, the city is once again touting the Cashman site.
The biggest news of late came from Nevada governor Brian Sandoval, who announced on Wednesday that a special session concerning the stadium and a few other state-related issues will begin on Monday, October 10. The timing of Sandoval’s announcement falls in line with the wishes of the Raiders, who, by January, could seek the NFL’s approval to relocate if the state signs off on a $750 million contribution to the $1.9 billion project.
“My staff and I have had extensive discussions with legislative leadership and it’s time for the full body to begin its deliberations on the recommendations of the Southern Nevada Tourism Infrastructure Committee,” Sandoval said in a statement. “Now is the time to capitalize on the opportunity before us to invest in Nevada’s most foundational industry, tourism, by providing for the infrastructure and public safety needs of the 21st century. As I have said before, we can and must usher in a new era for tourism in the Las Vegas market, while keeping our citizens and visitors safe, and ensuring our position as the global leader in entertainment and hospitality.
That legislative session will settle the matter of whether the state can or is interesting in contributing to the project. However, the site for the stadium still needs to be resolved. The Raiders and their partners–the Las Vegas Sands Corp and Majestic Realty–have previously stated that a location north of Russel Road, and another at the Bali Hai Golf Club at the top candidates. Under recommendations from the Southern Nevada Tourism Infrastructure Committee, the site will be decided by the developers and an authority that would be established as part of the project.
However, the City of Las Vegas is seizing another opportunity to pitch its preferred location, the Cashman site. The parcel that is currently home to the Cashman Center and Cashman Stadium has been touted by Las Vegas officials for its proximity to the highways, ability to connect to downtown, and potential for spin-off development.
Las Vegas is clearly seeing the opportunity to attract large-scale development to a site with some potential, particularly since it is in something of a state of flux. Minor League Baseball’s Las Vegas 51’s are known to be looking to leave Cashman Stadium, which would free up that space. The issue is that developers have been clear in their preference for a location closer to the Strip. More from the Las Vegas Sun:
The developers’ apparent dismissal of Cashman, likely because of its distance from the Strip, didn’t deter city staff or Las Vegas Mayor Carolyn Goodman, who made impassioned pitches for the site at the Southern Nevada Tourism Infrastructure Committee meetings.
City officials said they met with Sands and Raiders executives and gave them the rundown of Cashman’s selling points. Among them: the site’s existing infrastructure, access to both Interstate 15 and U.S. 95 and potential cost savings.
Compared with the other sites under consideration, city officials estimate the Cashman site could cut the project bill by $272 million, largely based on cheaper land, transportation improvement and infrastructure costs.
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