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.
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