LVXP has unveiled the look of what could be the tallest resort in Las Vegas, coupled with an arena for an NBA basketball team.
The locally based developer revealed plans for a 752-foot-tall, 2,605-unit hotel and condominium complex mated to an 18,000-seat stadium at 2601 South Las Vegas Boulevard, the Las Vegas Review-Journal reported.
The project south of the Sahara casino and next door to the tallest Strip resort, Fontainebleau, will be discussed Tuesday, Nov. 12, at a local advisory board.
Plans for the 17-acre site where the Wet ‘n Wild waterpark once stood call for a trio of towers, a 6,000-seat “grand theater” and a state-of-the-art stadium.
The futuristic project, to soar 15 feet past the 735-foot Fontainebleau, would include the city’s obligatory casino, shops and restaurants.
The unnamed resort would include a swimming pool, spa and health club, recreation and a parking garage for an unspecified number of cars.
The project, designed by locally based casino architect Steelman Partners, would be partially sheathed in gold and silver glass in a “curtain wall” with LED lighting. One tower has a curving, seat-like element that swoops to a lower-level building.
The development, floated in April, replaces long-held plans by former NBA basketball player Jackie Robinson to build a $5 billion All Net Resort & Arena, which fizzled last fall after the Clark County Commission denied a fourth extension request.
LVXP, an “experiential-focused” development firm founded early last year, leapfrogged on the sports arena concept, with plans to build a much bigger resort.
Its project could also be home for a new NBA basketball franchise, according to the firm.
LVXP, led by James Frasure Jr., said the project would prioritize sustainable development and green initiatives.
A potential hotel operator, as well as the cost of the “multi-billion dollar” project and a timeline to build it, were not disclosed.
Sin City doesn’t have an NBA team, but is considered a top candidate for an expansion franchise, along with Seattle. The National Basketball Association has held several events in Las Vegas, including the Summer League, the In-Season Tournament, and the WNBA Aces.
Other Las Vegas arenas and proposed arenas could be in the running for hosting a team, according to the Review-Journal.
Oak View Group, based in Denver, has pitched a plan to build a $10 billion, 20,000-seat NBA-ready arena with a resort at Las Vegas Boulevard and Blue Diamond Road, near the planned Brightline West high-speed rail station.
But its plans hit a roadblock this fall because of a pricing dispute with landowner Blue Diamond Acquisitions over the 25-acre site.
MGM Resorts International, a partner in the T-Mobile Arena where the National Hockey League’s Golden Knights play, has also expressed interest in hosting an NBA team.
— Dana Bartholomew
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