[timothyaw]

With Las Vegas being a bust/boom town, it does have its ups and downs. But right now, the excitement in town is palpable. You can just feel it. As of right now, Las Vegas is on a roll.
https://www.reviewjournal.com/busine...kyard-2553546/

[apple92680]

Maybe hold the excitement until you actually see the land movers and cranes?

Can't tell you how many times I've seen Las Vegas promise and not deliver.

[Willy702]

Originally Posted by apple92680

Maybe hold the excitement until you actually see the land movers and cranes?

Can't tell you how many times I've seen Las Vegas promise and not deliver.

Most of those proposals were by total shysters who had no funding. Oak View has money and the ability to build, plus the political pull to get this done and get an NBA team in. Best of all very little public money, compare that to the money the A's owners are inevitably going to ask for. I'm hopeful this is a positive development to tell the vultures that are A's ownership to stop using the city as leverage for a franchise that would be the least successful in the area.

[timothyaw]

Originally Posted by Willy702

Most of those proposals were by total shysters who had no funding. Oak View has money and the ability to build, plus the political pull to get this done and get an NBA team in. Best of all very little public money, compare that to the money the A's owners are inevitably going to ask for. I'm hopeful this is a positive development to tell the vultures that are A's ownership to stop using the city as leverage for a franchise that would be the least successful in the area.

One such shyster is Jackie Robinson with his All-net arena. Seems like this proposal might just put that one to bed for good, as that arena was looking to lure an NBA team as well.

[timothyaw]

Now with F1 coming to town next year, Las Vegas is setting itself up pretty good on the sports and entertainment side of things. Now if it could get a little bit more economic diversity, the region would be in decent shape.

[orca17]

Originally Posted by Willy702

Best of all very little public money, compare that to the money the A's owners are inevitably going to ask for.

Supposedly the A's owners have been told that there is no appetite for public money for a baseball park.

[Willy702]

Originally Posted by orca17

Supposedly the A's owners have been told that there is no appetite for public money for a baseball park.

I hope so, but we'll see. I hear pretty solid rumors that casino operators might be willing to fund quite a bit of the cost similar to what MGM did with T-Mobile Arena and then with PSLs they could cover even more costs. Still might not be enough to get the funding needed since the dome cost is expected to be well over $1 billion.

In most of these scenarios they seem to be playing for getting some profits from the development opportunities, but good luck to them in winning at that game in the Las Vegas area. If there's profit to be made from a multi-use development its already been identified by the many developers around.

[tijlover]

Originally Posted by timothyaw

Now with F1 coming to town next year, Las Vegas is setting itself up pretty good on the sports and entertainment side of things. Now if it could get a little bit more economic diversity, the region would be in decent shape.

Economic diversity, I heard talk of that the 22 years I lived there, and?

With the high tech companies fleeing CA, they fly right over Las Vegas, headed for Dallas, Phoenix, Salt Lake City, Denver, Austin or Florida.

What high tech industries has Las Vegas attracted since I left there in May of 2018? The eggs are still, largely, in one basket?

They aren't coming here to Tucson, thank God for that, as Tucson is primarily an anti-growth city. We keep our roads here in terrible shape, to deter people from moving here. Lol! Let Phoenix have all the congestion!

[Willy702]

Originally Posted by tijlover

Economic diversity, I heard talk of that the 22 years I lived there, and?

With the high tech companies fleeing CA, they fly right over Las Vegas, headed for Dallas, Phoenix, Salt Lake City, Denver, Austin or Florida.

What high tech industries has Las Vegas attracted since I left there in May of 2018? The eggs are still, largely, in one basket?

They aren't coming here to Tucson, thank God for that, as Tucson is primarily an anti-growth city. We keep our roads here in terrible shape, to deter people from moving here. Lol! Let Phoenix have all the congestion!

The economy is far more diversified now, but its never going to be fully diversified to the point where a fall in gaming or tourism won't impact the economy. It doesn't make sense to do that when you have the world's premier destination resort cluster. To have a diversified economy would mean either you grow the region's population and economy 3 or 4 times, or you contract the size of the Strip's economic output by say 50%. Which of those two is going to happen?

[walker1962]

Originally Posted by timothyaw

With Las Vegas being a bust/boom town, it does have its ups and downs. But right now, the excitement in town is palpable. You can just feel it. As of right now, Las Vegas is on a roll.
https://www.reviewjournal.com/busine...kyard-2553546/

Y'all got water? Don't understand the continued investment in large capital projects but lack of water hangs perilously over Henderson county.