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Raiders Finalizing Contracts for $1.9B Stadium

Wednesday, May 17, 2017

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A May 22 deadline is rapidly approaching as officials rush to finalize the contract for a new stadium in Las Vegas, a project that's slated to be complete in time for the National Football League's 2020 season.

Images: Manica Architecture

Earlier this month the Las Vegas Stadium Authority released a draft of a project timeline that shows a 30-month construction period. Ambitious, considering that of the last four domed stadiums constructed, none of them was done within 30 months.

National Football League owners approved the relocation of the Oakland Raiders to Las Vegas at the league's annual meeting in March. Since then, organizers have been sprinting to nail everything down for the 65,000-seat, $1.9 billion domed stadium.

The Plan

Earlier this month the Las Vegas Stadium Authority released a draft of a project timeline that shows a 30-month construction period. It's an ambitious goal, considering that of the last four domed stadiums constructed, none of them was done within 30 months.

Work on the site, which sits on 62 acres next to the Las Vegas Strip is set to begin in January and wrap up in June 2020.

Much of the timeline released is made up of reviews, actions and approvals that need to be done before construction begins.

The Players

While the general contractor for the project hasn’t been officially announced, Raiders President Marc Badain has name-dropped Minneapolis-based Mortenson Construction, and said contract terms are almost complete.

Mortenson, which has completed 170 sports and entertainment projects, recently built U.S. Bank Stadium—home of the Minnesota Vikings—nearly two months ahead of schedule, making the project close in 32 months. For the Las Vegas stadium, the company will partner with local McCarthy Building Cos. Inc.

One end of the stadium will be open toward the Strip, and the design also calls for operable walls and retractable natural turf.

“We’re working with a firm called Mortenson, and they have a local partnership with McCarthy,” Badain said. “Until the ink is dry on the contract, it’s sort of as if when you sign a player: We wait until they’ve actually signed it before announcing it. We’re working on finalizing that, but they’ve been our partner for a while now. They’ve done a spectacular job for us, and we’re very confident in them.”

Mortenson is also working on a stadium in Milwaukee, which will be home to the National Basketball Association’s Bucks.

Badain also confirmed that Manica Architecture, of Kansas City, Missouri, will be the project designer. The renderings that are already done for the project will be close to the final design.

The design of the domed, air-conditioned stadium features horseshoe-shaped seating for 65,000, which can be expanded to 72,000. One end of the stadium will be open toward the Strip, and the design also calls for operable walls and retractable natural turf. At the center of the open portion of the club end will be a 120-foot tower made to look like a “flaming cauldron” that will honor Al Davis, who owned the Raiders for nearly 40 years until his death in 2011.

Officials are aiming to have the stadium lease agreement completed by May 22, when NFL owners next meet, so that it can be approved. If they miss the deadline, the owners won’t be able to vote until the next meeting, which is in October, effectively pushing back the opening date an entire year.

   

Tagged categories: Commercial Construction; General contractors; Stadiums/Sports Facilities

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