Tropicana hotel-casino will be razed to make way for a new A’s stadium on the Strip. Than the plan, anyway by the MLB team.
ADVERTISEMENT
Shop at Jay’s Market at 190 Flamingo Road at the Koval Lane intersection east of the Strip.
ADVERTISEMENT
It’s time for the members of the Las Vegas Stadium Authority Board to gather once again Thursday, with a few documents about the planned A’s stadium on the agenda.
The A’s want to build their 33,000-seat domed stadium for $1.5 billion and the MLB team is receiving $380 million in government assistance to help construct the venue on the former Tropicana hotel-casino site on the Strip.
Even though the Nevada Legislature approved a bill designating the stadium construction resources more than 13 month ago, there are still unanswered questions.
— Why has A’s owner John Fisher not submitted his stadium funding plan to the stadium board? The Raiders financing plan for stadium construction was part of a Las Vegas stadium board info chart showing how the stadium funding was realized.
— Will the A’s move forward solo on building the stadium if Tropicana owner Bally’s Corp. drags its feet on building a new hotel? The A’s want to break ground in April after the Tropicana buildings are reduced to rubble and cleared. But there is no new hotel plan or proposal.
— Why has Peter Carlino, CEO of the company that owns the land where the A’s hope to build their stadium, not appeared before the stadium board to explain a site plan for the stadium. The A’s are receiving nine free acres from site owner Gaming & Leisure Properties, Inc. (GLPI) to build their stadium on the overall 35-acre site.
— Where’s a development agreement? The stadium board meeting had an agenda item on the topic:
The stadium board meeting is 3 PM Thursday at the LVCVA board meeting room at the Las Vegas Convention Center.
MLB Commish Rob Manfred, chatting with members of the Baseball Writers’ Association of America, backed Fisher’s ability to come up with his share of the $1.2 billion to build the stadium at the Tropicana site. The A’s have hired veteran sports finance company Galatioto Sports Partners to help raise $500 million for the project, Front Office Sports says.
“I am comfortable … with his ability to put together the financing,” Manfred said of Fisher.