Raiders Stadium Project On Budget and On Time; Raiders Talking with Stadium Management Companies
By ALAN SNEL
LVSportsBiz.com
On budget. On time.
The Raiders stadium construction project, pegged at $1.84 billion including $750 million in public dollars, is on schedule to open in July 2020.
The Las Vegas public stadium board got a rosy update on the 65,000-seat stadium that is being built on the west side of Interstate 15, across the highway from Mandalay Bay hotel-casino. Take a look a video report.
The complete look at the video is here.
The Raiders, which will control the stadium, are talking with stadium management companies but have not picked one yet, team president Marc Badain told LVSportsBiz.com earlier in the day at a separate sporting event committee meeting.
The Raiders have also not selected a food/beverage concessionaire, though Levy is still in the running. Levy has the food contract at T-Mobile Arena and Levy’s minor league baseball partner has the food/bev contract at the new $150 million Triple A ballpark being built by Howard Hughes Corp. in Summerlin.
Governor-elect Steve Sisolak, a big Raiders fan and supporter of the stadium subsidy, swung by the county commission chambers where the stadium session was held after the meeting. He mentioned seeing the steel coming out of the ground at the stadium construction site gives the project more visual prominence.
Sisolak is known for his groundbreaking shovels that he keeps in his county office and chuckled when asked whether he’s going to bring the shovels to Carson City when he starts his new job as Nevada governor.
“Everybody asks me that question,” Sisolak said. “I can open a Home Depot with those shovels.”
Sisolak said his newly engaged fiance is not as big a Raiders or sports fan as he is. He noted his future wife prefers the Smith Center over a stadium to watch an event.
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Here’s the latest hotel room tax revenue numbers. September’s hotel revenues was down more than 10 percent from the previous year, but stadium board consultant Jeremy Aguero said there was one less weekend in September this year compared to last year.
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