LAS VEGAS -- Clark County lawmakers have given conditional approval for transferring 60 acres to the University of Nevada, Las Vegas, for an $800 million domed football stadium.
County commissioners unanimously approved giving UNLV and developer Majestic Realty Co., up to two years to work out a deal to transfer some of the 150 acres needed for the development.
"This could be good for the economy, this could bring jobs, and this could benefit the university, which ultimately is our goal," Commissioner Chris Giunchigliani said.
Neighbors who live along Naples Drive near UNLV are worried about traffic congestion but look forward to the possibility of a 60,000 seat stadium. Ed Uehling owns two residential properties and a commercial building near the university.
"We love the project. We want the project. We're just concerned that we're going to lose our agreement that we have for taking care of the traffic problems and parking problems in the area that's worked so well for us," he said.
"We support that project. We just don't want to be isolated from it. We want to be included," said Maria Sinclair, a property owner.
The proposed project would change the face of UNLV by offering a covered mega-events center and student village.
"It is a significant venue in terms of being able to promote the destination Las Vegas as a whole to the rest of the world," said Don Snyder, Dean of UNLV William F. Harrah College of Hotel Administration.
Neighbors look forward to next week when the UNLV campus master plan is revealed, serving as a road map for future development.
The project is a joint venture of UNLV and Majestic Realty, the owner of the Silverton casino in Las Vegas and the developer behind Staples Center in Los Angeles.
The county deal depends on UNLV obtaining funding and gaining approval from the Nevada university system board of regents.
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