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Las Vegas Luxury Corridor Eyed as NBA Expansion Team Home

Las Vegas Luxury Corridor Eyed as NBA Expansion Team Home

Summary

Las Vegas is a leading candidate to get a new NBA team, with several potential arena locations proposed. Resorts World Las Vegas is offering a site on the North Strip, which is a growing area with many new developments, as a home for the team. The NBA will decide on expansion team bids by the end of the year, with Seattle also competing.

Key Facts

  • Resorts World Las Vegas proposes building the NBA arena on 42 acres in the North Strip area.
  • The North Strip has recently seen significant investments, including new resorts, a shopping complex, and transportation infrastructure.
  • The NBA requires a suitable arena for any new team, which Las Vegas currently lacks but multiple sites are being proposed.
  • Other proposed arena locations include the south end of the Strip near Mandalay Bay and a mid-Strip location behind Paris and Planet Hollywood resorts.
  • The NBA submitted expansion team bids by mid-September and plans to announce a decision by year-end.
  • NBA Commissioner Adam Silver has confirmed Seattle and Las Vegas are top candidates for a new team.
  • Resorts World considers an NBA arena a key element to help unify the North Strip area.
  • Separate from the NBA bids, some companies are planning to build arenas that could be used if Las Vegas wins a team.
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