HomeNewsStadiaBasketballUSA

Oak View Group to build $1bn ‘NBA-ready’ arena in Las Vegas

The Las Vegas Strip (Credit: Getty Images)

Oak View Group, the prominent United States-based venue development, advisory and investment company, has unveiled plans to construct a $1bn (€900m), 20,000-seat arena in Las Vegas, Nevada, which could potentially be the home of a National Basketball Association team in the future.

The multipurpose arena will be part of a $3bn mixed-use sports and entertainment district located just south of the Las Vegas Strip, which would also include a casino and hotel, and further signals the rapid maturation and growth of Las Vegas as a major US sports market. Helping fuel the plans are Oak View Group's recent acquisition of 25 acres of land near Harry Reid International Airport, and a groundbreaking is targeted for 2023.

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here