Construction of the Las Vegas A's Stadium is in progress.
May 15, 2025, 04:16h. β’ Last updated on: May 15, 2025, 06:28h.
Corey Levitan Read More
Las Vegas Athletics β’ Commercial Gaming β’ Entertainment β’ Expert Insight
Work on the Las Vegas Athletics' future home is full steam ahead
Change is afoot in Sin City's athletic landscape
(There's no party like a) groundbreaking party, but we'll have to wait till June)
The foundations for the forthcoming Las Vegas Athletics stadium are already taking shape. According to the Las Vegas Review-Journal, crews have been busy establishing the base with steel and concrete pillars since April.
This ambitious $1.78 billion project, boasting a 33,000-seat domed ballpark, is set to rise on the former site of the Tropicana casino resort. With crews expected to work tirelessly for the next 31 to 33 months, the stadium should be ready to host its first game in time for the 2028 season.
The joint venture responsible for this monumental construction project includes the Minneapolis-based M.A. Mortenson Company and McCarthy Building Companies, both known for their work on prestigious sports venues, such as the Target Field and Chase Center. In fact, they were the minds behind the Allegiant Stadium for the Raiders, which impressed with its on-time and under-budget completion in 2020.
May will be a busy month for the Athletics, as theyβll continue to play in a minor-league stadium in Sacramento until 2025. Save that champagne for June, folks, when the groundbreaking ceremony is scheduled to take place. Among those expected to attend are John Fisher, the A's owner, and a host of city, county, and state officials.
Now let's talk cash
While the financial foundation is in place, John Fisher is actively seeking $500 million in investments to lessen his $1.1 billion personal commitment. With a valuation of $2 billion on the table, the team might entice outside investors willing to grab a piece of the action.
The $1.78 billion budget hinges on a combination of public funding, private investment, and a dash of external investment. The Nevada state government has chimed in with a $380 million contribution, supplemented by $120 million in taxes in a newly established county tax district. Infrastructure improvements are also in the works with a $25 million contribution from Clark County.
The ball's in the court for John Fisher, as he juggles the financial commitments while striving to bring in outside investors deemed crucial to the project's success. Regarding the search for external investors, no announcements have been made thus far. Stay tuned!
- The groundbreaking ceremony for the Las Vegas Athletics' stadium, planned for June, promises a significant milestone in the city's athletic landscape.
- The construction of the $1.78 billion stadium, featuring a 33,000-seat domed ballpark, progresses steadily as crews work on the former Tropicana casino resort site.
- The joint venture responsible for the stadium's construction, comprising M.A. Mortenson Company and McCarthy Building Companies, shares a notable history of working on prestigious sports venues like the Allegiant Stadium for the Raiders.
- While the project's financial foundation is secured, John Fisher, the A's owner, seeks $500 million in investments to reduce his $1.1 billion personal commitment.
- The Las Vegas Athletics will continue to play in a minor-league stadium in Sacramento until 2025, delaying the celebratory champagne until June's groundbreaking ceremony.
- The team's inflated valuation of $2 billion might attract external investors looking to invest in the sports and casino-and-gambling industries.
- Public funding, private investment, and external investment are key components of the budget for the stadium project, with the Nevada state government contributing $380 million and Clark County contributing $25 million.
- With the impending groundbreaking ceremony and a pending search for external investors, the financial commitments and the project's success are up in the air for John Fisher.
