Business & Finance
Las Vegas Stadium Authority approves $75 million for Allegiant Stadium upgrades
Public room tax surplus will combine with funding from the Las Vegas Raiders to finance a $158 million entrance and pedestrian overhaul.
The short version
- The Las Vegas Stadium Authority approved $75 million in public funding for a $158 million renovation of Allegiant Stadium's north entrance.
- The Las Vegas Raiders will cover the remaining balance of the project and take on long-term maintenance responsibilities.
- Work will begin after the current NFL season with target completion set for late 2028, ahead of the 2029 Super Bowl.
Key facts
- The Las Vegas Stadium Authority approved $75 million in public funds drawn from surplus room tax revenue for a $158 million upgrade project at Allegiant Stadium.[Associated Press]
- The Las Vegas Raiders are responsible for funding the remaining $83 million of the project and maintaining the new additions.[Associated Press]
- The planned renovations include new pedestrian and event decks, an outdoor plaza, and transportation improvements to ease pedestrian flow from the Las Vegas Strip.[Associated Press]
- Allegiant Stadium originally opened in 2020 at a total cost of $2 billion, which included $750 million in public funding.[Associated Press]
What remains uncertain
- The exact timeline for construction completion remains broad, with officials aiming for late 2028 or prior to the 2029 Super Bowl.[Associated Press]