Two 20,000-seat arenas are on the drawing board for Las Vegas — projects that developers believe could ultimately attract an NBA team to Southern Nevada and give the market the only franchise it’s missing from the major professional sports leagues.
However, neither arena is under construction, and projected starting dates are not on the books. Also, questions surround both developments — one has financing but not a location, while the other has a site but financing is a mystery. And competition for a potential NBA franchise is fierce — owners of T-Mobile Arena want to be in the running, too.
Las Vegas tourism and gaming observers believe there is enough demand to fill two new venues, although construction would need to be spaced out if both projects were to come to fruition.
