Las Vegas: Mixed-use development would be Las Vegas’ tallest resort, house NBA team

Monday, April 29, 2024 4:07 PM
  • Richard N. Velotta , Las Vegas Review-Journal

A team of Las Vegas real estate developers is planning to build what could be the city’s tallest resort on the 27-acre site that formerly held the Wet ‘n Wild waterpark and for years was targeted for Jackie Robinson’s All Net Arena project.

LVXP, described as a Las Vegas-based real estate development company, plans a multibillion-dollar 2,500-room ultraluxury resort anchored by a state-of-the-art NBA-ready arena.

The three LVXP principals — CEO James Frasure Jr., Chief of Staff Christine Richards and Chief Construction Officer Nick Tomasino — are all long-time Las Vegas residents. LVXP’s leadership team and advisers includes experts in real estate, finance, marketing, technology, sports and entertainment.