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A multi-billion-dollar development on the Las Vegas Strip includes plans for a “technologically advanced entertainment and sports arena” and several ultra-luxury hotels and residences.

It’s a play to attract an NBA team to Las Vegas, and it’s not the only one. For the past year and a half, the buzz has been building around the NBA coming since LeBron James and Shaquille O’Neal each said they want a piece of a Las Vegas team. A $10 billion project to build a 20,000-seat arena in the south valley made headlines in June of 2023.

The newest project was announced Monday morning by real estate developer LVXP for the 27-acre site known by longtime Las Vegans as the original home of Wet’n’Wild — between the Fontainebleau Las Vegas and SAHARA Las Vegas. The project is described in a news release as “transformational” and would advance the development of the north end of the Strip. Plans call for features including a retail plaza, a state-of-the-art convention space and a “destination” casino.

Read more: https://www.8newsnow.com/news/local-n...

Chapters:
0:00 NBA expansion to Vegas almost guaranteed
1:12 LeBron James (and Shaq) want a part of Vegas
2:08 The old "All Net" project
5:09 The LVXP plan (on the same All Net site)
6:37 Oak View Group's existing NBA plans
8:13 Final Thoughts

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