The Nevada Legislature recently passed a bill that will cap the cost of constructing a new stadium for the Oakland Athletics on the Las Vegas Strip at $380 million. This is a major victory for the state of Nevada, as it will help to keep costs down and ensure that the stadium is built in a timely and cost-effective manner.
The new stadium will be located on the Las Vegas Strip, just south of the Mandalay Bay Resort and Casino. It will be a state-of-the-art facility, with a capacity of up to 45,000 people. The stadium will feature a retractable roof, which will allow for both indoor and outdoor events. It will also feature a variety of amenities, such as luxury suites, restaurants, and retail stores.
The bill was passed by a wide margin in the Nevada Legislature, with both Democrats and Republicans supporting the measure. The bill was introduced by Assemblyman Steve Yeager, who argued that the stadium would be a major economic boost for the state. He noted that it would create jobs, generate tax revenue, and attract tourists to the area.
The bill also includes provisions that will ensure that the stadium is built in a timely manner. The project must be completed within five years of the bill’s passage, and construction must begin within two years. Additionally, the bill requires that the stadium be built to meet certain environmental standards.
The Oakland Athletics have been looking for a new home for several years, and this bill provides them with an ideal solution. The team has been playing in Oakland since 1968, but their current stadium is aging and needs to be replaced. The new stadium in Las Vegas will provide them with a modern facility that meets their needs.
Overall, the passage of this bill is great news for Nevada. It will help to keep costs down and ensure that the stadium is built in a timely manner. It will also provide an economic boost to the state, creating jobs and generating tax revenue. Finally, it will give the Oakland Athletics a much-needed new home.
