|(Design courtesy of LVAF)|
Las Vegas Sun --- proposing a 20,000-seat indoor arena to be built on the Strip on land owned by Caesars Entertainment behind Imperial Palace. The facility would be suitable for an NBA or NHL franchise, as well as other events such as concerts or the National Finals Rodeo, which has been at the Thomas & Mack Center since 1985. The LVAF is planning to fund the $500 million project by implementing a 0.9 percent sales tax for specified businesses within a three-mile radius of the proposed location.Could be a good potential location for the NCAA Frozen Four and the Final Four in Men's and Women's Division I basket ball.
Principals behind proposal
The Las Vegas Arena Foundation is a nonprofit organization formed to develop an arena specifically on land donated by Caesars Entertainment. The foundation’s chairman is former County Commissioner Bruce Woodbury. Other foundation leaders include Marybel Batjer, an executive with Caesars Entertainment; Danny Thompson, president of the AFL-CIO of Nevada; and Pat Shalmy, former Clark County manager.