The 25 acres, which is located on 66.5 acres of land near the intersection of two major freeways, I-15 and I-215, will feature an 850,000 square foot arena, a casino, a hotel, and an additional entertainment venue amphitheater.
Featuring as many as 20,000+ seats and modern amenities that will include suites, premium hospitality clubs, the arena will host live events including concerts, sporting events, family entertainment, as well as conventions, large meetings, international events, as well as award shows, exhibitions, and more. With a focus on the prioritization of technology, sustainability, and green initiatives, the construction of Las Vegas’ new world-class arena is expected to create thousands of permanent and temporary jobs for the surrounding community.
“South of the Las Vegas strip represents one of the few areas of potential future growth of the gaming and entertainment corridor,” said Tim Leiweke, CEO of Oak View Group. “This unprecedented project is an industry game-changer, and we will usher in the evolution of Las Vegas as the new entertainment AND sports capital of the world. As the largest arena developer in the world, we look forward to driving good paying job creation to Clark County as well as creating the most innovative and environmentally sustainable live entertainment point of destination in the world.”
“It doesn’t get much bigger or better than Las Vegas,” said Irving Azoff, co-founder of OVG. “From the world-class Climate Pledge Arena in Seattle to UBS Arena in New York, and Moody Center in Austin, Las Vegas will be the next jewel in the OVG crown.”
Designed by global industry-leading architecture firms Gensler and Populous, the state-of-the-art privately financed sports and entertainment arena will set a new global standard for events in Las Vegas and represent OVG’s biggest project to date.
Nevada Governor Steve Sisolak commented: “We are proud Oak View Group has chosen Nevada for its next and largest project. This newly proposed entertainment district in Las Vegas will help continue the state’s economic momentum and create thousands of jobs and greater prosperity for Nevadans. I look forward to seeing the many opportunities this creates in Las Vegas.”
Source: GMB / G3 Newswire
