If the 2016 Republican National Convention is held in Las Vegas, this is where the gavel will drop.
Arena partners AEG and MGM Resorts International unveiled renderings Monday of their $350 million, 20,000-seat venue on the Strip, showing exterior images evoking the Strip’s high energy and bright lights as well as Southern Nevada’s scenic mountains and desert.
AEG, the Los Angeles-based powerhouse entertainment and arena company, and MGM Resorts, which owns 10 Strip casino-hotels, have joined forces to build the sports and entertainment venue without public money on 12 acres between New York-New York and Frank Sinatra Drive. MGM will demolish two temporary office buildings on the site that are left over from the CityCenter project.
Groundbreaking is expected in April or May with a projected opening 22 months later, in spring 2016, said Tim Romani, president and chief executive of Denver-based ICON Venue Group, the project manager.
The arena will feature premium seating, suite and club offerings on different levels as well as in bunkers below the event floor. It will host at least 100 concerts, boxing, mixed martial arts, sports, awards shows and other events each year.