Officials approve land purchase for Raiders’ Las Vegas stadium
Raiders' Las Vegas stadium ambitious construction timeline for the partly tax-funded USD 1.9B project calls for site work to begin later this year and work on the concrete structure to start in the spring.
The proposed domed stadium will feature a retractable wall that will give fans a view of the Luxor, Excalibur and other Strip casino-resorts, whose guests and those of other hotels in the Las Vegas area are contributing $750 million to the project through a room tax increase.
Commissioners gave the team a year to solve the project's parking problem. Per county regulations, the stadium is required to have 16,250 parking spots on site, but the land the team bought can only fit about 2,400.
Raiders adviser Don Webb told commissioners the team is exploring a variety of solutions for the "very obvious parking challenge."
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