Land sales near the Las Vegas Raiders stadium
 
Land sales near the Las Vegas Raiders stadium

Land around the Las Vegas stadium site has been selling for high prices. A few months before the stadium’s groundbreaking, Global Trust Group acquired a 2.5-acre parcel just north of the stadium site. The property sold for $7.25 million, or $2.9 million an acre. Osprey Real Estate Capital and Huntington Hotel Group acquired a 2-acre industrial site just west of the stadium site in late November. The property sold for $6.5 million, or $3.15 million per acre. That’s roughly 12 times the average price of land in the valley this year as tracked by Colliers International.

Stadium Authority chairman updates on progress with Raiders-UNLV
 
Stadium Authority chairman updates on progress with Raiders-UNLV

Las Vegas Stadium Authority Board chairman Steve Hill elaborates on progress being made between the Oakland Raiders and UNLV football on the lease terms and what the early projections on stadium funding are like.