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Developer Bets $3 Billion That Another Pro Sports Team Could Move to Las Vegas

Oak View Group’s Planned Entertainment Complex Calls for Two Arenas, Casino and Hotel
Oak View Group is planning a mixed-use entertainment district with two arenas on a site south of the Las Vegas Strip. (Colliers International)
Oak View Group is planning a mixed-use entertainment district with two arenas on a site south of the Las Vegas Strip. (Colliers International)
CoStar News
March 30, 2022 | 11:38 P.M.

Oak View Group bought land in Las Vegas with plans to develop a $3 billion entertainment district with two arenas, a casino and a hotel, as the gambling capital looks to join other major cities in turning sports complexes into lucrative generators of year-round economic activity.

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News | Developer Bets $3 Billion That Another Pro Sports Team Could Move to Las Vegas