Las Vegas Stadium Construction Making Development

The future home of the moving Oakland Raiders is taking shape, as the ongoing Las Vegas arena building and construction process continues to make progress.

Officials broke ground last fall on the brand-new $1.8 billion Las Vegas stadium. Located west of Mandalay Bay, the center is currently set up to open in 2020 for the moving Raiders and will also become the home of UNLV‘s football program.

It appears that the building and construction process has made constant development. Cranes will soon be appearing on the website, while it was just recently reported that the Raiders have invested more than $172 million of their commitment to the project.:

Since mid-May, more than 11 percent of the concrete had actually been put for the arena in areas where 1 million cubic backyards of dirt– more than 35,000 double truck loads– have actually been excavated.

More than 20 cranes, some efficient in lifting more than 1,000 heaps and reaching more than 600 feet high, will soon be on the website.

The Raiders recently reported the team has actually invested $172.4 million, 19 percent of its commitment, on the arena project. Another $43.6 million, or 22 percent of the total commitment, has been paid by the NFL’s G-4 loan program, and $30.6 million, or 4 percent, of the general public’s $750 million contribution has actually been invested to this day.

The arena is slated to seat 65,000, and will likely be used at some point in efforts to tempt major events to Las Vegas. The brand-new arena will not be hosting the Super Bowl in 2023 or 2024– with those years recently awarded to Arizona and New Orleans, respectively— but it appears likely that Las Vegas will be a location for the Super Bowl even more down the roadway.

Rendering courtesy MANICA Architecture.

ASSOCIATED STORIES: Moody’s Offers Positive Forecast for Las Vegas Stadium; Special Design Features Slated for Las Vegas Arena; New Las Vegas Stadium Job Expense: $ 1.8 Billion; Las Vegas Raiders Facilities: A Summary; Contracts for Las Vegas Raiders Arena Approved; Final Tab Due on New Las Vegas Raiders Stadium; New Development Envisioned Around Las Vegas Stadium; UNLV, Raiders Closer to Finalizing Joint Use Contract; Finest of 2017, # 2: Oakland Raiders Authorized for Las Vegas Move; Information Emerging on Las Vegas Stadium Agreement; Raiders, UNLV Making Development on Las Vegas Stadium Agreement; Rep. Promotes Tax-Exempt Bonds for Las Vegas Stadium; Oakland Raiders Increasing Las Vegas Existence; Raiders Break Ground on New Las Vegas Arena; Las Vegas Stadium Authority to Fulfill on Thursday; New Las Vegas Stadium Might Be Impacted by Tax Reform Costs; Las Vegas Arena Groundbreaking Slated for November; FAA, Clark County Allow Oakland Raiders’ Las Vegas Stadium Construction to Move Forward; Review Might Delay Raiders ‘Las Vegas Arena Building And Construction; Las Vegas Stadium Financing Particulars to be Discussed on Thursday; UNLV Hires Law Practice as Settlements with Raiders Continue; Proposition: Raiders Might Use UNLV Land for Parking; Company Expense of Las Vegas Arena Stays Uncertain; Raiders, UNLV Discussing Contract for Las Vegas Arena; Study: Las Vegas Stadium Falls Short on Parking Requirement; NFL Validate Raiders’ Las Vegas Arena Lease; Raiders Wrap up Lease Discussions with Arena Authority; Timeline: Deal With Raiders Las Vegas Arena to Complete in 2020; Oakland Raiders Close Purchase of Las Vegas Stadium Website; Oakland Raiders ‘Lease in Las Vegasa Work in Development; Raiders’Las Vegas Arena Still Slated for 2020 Opening; Tax Walking for Raiders Las Vegas Arena Closes First Month; Coliseum Lease Under Evaluation; Raiders Look For Stadium Website; NFL Authorizes Oakland Raiders Move to Las Vegas

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