From Poker News
MGM Resorts International has proposed a $350 million project to build a 20,000-seat stadium between New York-New York and Monte Carlo.
MGM has partnered with Los Angeles AEG to build the sports and entertainment venue. Populous, an architectural firm that specializes in the design of sports facilities and convention center, won the bid for designing the proposed arena.
Its resume includes designing the Marlins Park baseball stadium in Miami, the 2014 Winter Olympic Stadium in Sochi, Russia; the 2014 Asian Games Stadium in Incheon, Korea; and Amway Center in Orlando, Florida.
The site is 12 acres and the arena is expected to cover about 5 acres of the property. Tim Romani, president of ICON Venue Group, the project management company that coordinated the architect selection process, says the $350 million project will include construction costs of $225 million to $250 million.
“This project is exciting. We’ve been working with AEG on developing an arena in Las Vegas since 2007,” Romani said. “They finally landed with the best site and partnership. There’s a buzz around this project.”
The project is expected to take 22 months to build and has an opening date set for May 2016.
