Quantcast

Friday, October 24, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

MGM, AEG break ground on Las Vegas Strip arena

By Michelle Rindels

Associated Press

POSTED:
LAST UPDATED: 10:56 p.m. HST, May 01, 2014


LAS VEGAS >> Officials have broken ground on a 20,000-seat arena along the Las Vegas Strip that's expected to improve the city's chances of attracting professional sports teams.

Boxing legend Floyd Mayweather arrived at the ceremony Thursday on a construction tractor and helped turn dirt at the site while confetti rained down from above.

The project is a collaboration between casino company MGM Resorts International and sports and entertainment giant AEG.

The $375 million arena will be near the New York-New York and Monte Carlo casinos.

The privately funded project is the furthest along of several arenas proposed for Las Vegas in recent years. Mayor Carolyn Goodman has championed a 20,000-seat arena in the revitalized downtown area that would be financed with a combination of private funds and city-issued bonds.






 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(0)
You must be subscribed to participate in discussions


IN OTHER NEWS
Blogs
Political Radar
Important

Island Crafters
Weekend Happenings

Small Talk
Handcuffs

Political Radar
Sued