UNLV drops private partner from its stadium bid

March 28, 2013
University of Nevada, Las Vegas, is seeking to build a 60,000-seat domed stadium.

The University of Nevada, Las Vegas (UNLV) has dropped a key private partner from its proposal to build a 60,000-seat domed stadium. The Las Vegas Review-Journal says Majestic Realty had committed $360 million to the stadium project, which was estimated at $800 million to $900 million. UNLV had designated the stadium as the centerpiece of UNLVNow, a sweeping campus face-lift. Don Snyder, UNLV’s hotel college dean, says the university needed to drop Majestic because the private developer made it too difficult to win support from the Las Vegas resort industry. The university’s decision means the demise of Majestic’s plan to build a new student village on the UNLV campus, which was to include 2,000 to 3,000 student housing units and 300,000 to 400,000 square-feet of retail space.

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