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Today, the A’s announced it has entered into a binding purchase agreement to purchase 49 acres of land in Las Vegas to build a new 35,000-seat, $1.5 billion ballpark, located across the freeway from the Las Vegas Strip.
The new location is in walkable distance from the T-Mobile Arena, home of the NHL’s Las Vegas Golden Knights, and just north of Allegiant Stadium, home of the NFL’s Las Vegas Raiders. The vision is to transform this area into a sports and entertainment corridor in Las Vegas.
The purchase price of the land is undisclosed. The seller is Red Rock Resorts, parent company of Station Casinos. The team plans to break ground on the new ballpark in 2024 and open the stadium in time for the 2027 season. The design includes a partially retractable roof.
“One of the great things about building in Las Vegas is that it attracts a lot of incremental tourists. People who normally wouldn't be going to Las Vegas. Those people pay a lot of taxes, and that can actually be used to help fund the stadium. That’s a really unique mechanism that you have in Southern Nevada that affords a lot of new opportunities that you don't have in other communities,” said A’s team president Dave Kaval.