Plans for a $10 billion NBA-ready arena-hotel project slated for a plot of land just south of the Las Vegas Strip have stalled.
Oak View Group’s plan to construct a 20,000-seat arena with a connected resort on Las Vegas Boulevard and Blue Diamond Road has hit a roadblock, a person with knowledge of the situation told the Review-Journal. The site is near where the planned Brightline West high-speed rail station is scheduled to be built.
Oak View Group issued a statement regarding the project’s future, but it doesn’t mention the Las Vegas Boulevard site.
“We are committed to building a world-class NBA ready arena in Las Vegas and will share more information shortly,” an Oak View Group spokesperson said in a statement.