With a website recommendation anticipated once Aug. 25 among four potential finalists, Sandoval said that he desires to understand how traffic can be impacted by games, concerts and other big-ticket events held on the proposed stadium.
“This is serious,” Sandoval said Monday during a gathering held by the Nevada Department of Transportation’s board of directors.
“I’m going to wish the ideas in an excessively little while period to peer what must be considered if, indeed, a stadium site is recommended,” said Sandoval, who serves as chairman of the NDOT board. “There are numerous things to consider, but I don’t wish to suddenly have an item on our agenda that says we have to make a $150 million improvement to the intersection.”
If a stadium is ultimately approved, the developers would perform the traffic study and pay for any necessary infrastructure, said Steve Hill, chairman of the Southern Nevada Tourism Infrastructure Committee.
Those costs are included within the stadium cost project, estimated at $1.7 billion to $2.1 billion, Hill said through a spokeswoman, without providing specifics. The developers have proposed a public-private partnership to construct the stadium, which might include between $550 million and $750 million in public funds through hotel room taxes.
Representatives for Sands and Majestic have previously said that the prices of road improvements are included within the total package.
The Raiders have promised to pursue relocation to Las Vegas if a financing plan is approved by state lawmakers. The stadium also would host UNLV football games and events which are too big for existing Las Vegas arenas.
“Knowing the stadium location is essential to determining what infrastructure is wanted and what kind of it could cost, because it is site-specific,” Hill said, adding that the variety is “quite large.”
More at Las Vegas Review-Journal
Similar Stories from This Week in Gambling:
Read More... [Source: Gambling Headlines – This Week in Gambling]
No comments:
Post a Comment