The Las Vegas Raiders have completed their purchase of 62 acres of land between Russell path and Hacienda Avenue, just west of Interstate 15 while the famed Strip.
Sold! The 62 acres of land between Hacienda Avenue to the north and Russell Road to the south will act as the future home associated with the Las Vegas Raiders https://myfreepokies.com/21-dukes-casino/.
The NFL group purchased a total of four parcels for the combined sale price of $77.5 million, or $1.25 million per acre. That is clearly a significant premium for the sellers, as the land’s assessed value was $40 million.
Nevada Land Group, LLC, was the seller, a combined group of banks that acquired the property in foreclose in 2008. The vacant land is adjacent to I-15 behind Mandalay Bay.
The home could be the home that is future of $1.9 billion, 65,000-seat NFL arena that’ll be partially built with tax dollars produced from hotel stays in Clark County. In addition to Nevada’s $750 million commitment, Raiders owner Mark Davis’ franchise will be on the hook for the remaining $1.15 billion.
‘This site was not one of those originally mentioned,’ Michael Parks, a realtor that is commercial brokered the deal, told theLas Las Vegas Review-Journal. ‘Through many months of reaching out … and making sure they were conscious this web site was available, they decided this had been their preferred web site. Now that they’ve actually written a check … they can go forward u (mais…)