LAS VEGAS, Nev. (FOX5) – The plan to close and demolish the Tropicana Las Vegas in April is still on, even without a final plan for the stadium set to replace it.
In a recent Q4 Earnings Call, Bally’s Corporation CEO Robeson Reeves says the plan to formally close the Tropicana is still on, though the company is still considering what to place in the 35-acre lot beside it.
“In Las Vegas, the formal closure of the Tropicana on April 2nd will pave the way for the demolition of the casino and hotel over the coming months…,” he said. “Following demolition, site prep, and approval of formal plans, construction of the Las Vegas A’s Stadium will likely begin sometime thereafter. We continue to assess our available options for the very valuable development lands next to the stadium.”
Bally’s announced in January that the Tropicana would close on April 2 to make room for the proposed stadium that would house the Oakland A’s as they transition to Las Vegas. However, company president George Papanier revealed that plans for the stadium have not yet been finalized.
“The ACE are still finalizing their stadium plans, and we just continue to evaluate our options for what we feel is a very valuable development land that’s next to the stadium. So, we don’t have anything further from our perspective,” he shared with investors.
In June 2023, the Nevada Legislature approved $380 million in public financing for the $1.5 billion stadium. Major League Baseball owners unanimously approved the team’s move in November.
No ballpark renderings have been released, and there has been speculation a 9-acre site might not be sufficient. Earlier this month, MGM CEO Bill Hornbuckle told investors that he’d seen three different site plans for the ballpark, though the team has only made one publicly available.
“The front end of the property, as you get closer to Las Vegas Boulevard, needs some attention and some reprogramming. We’re waiting to see where that lands,” Hornbuckle said.
The team is expected to throw its first pitch in the stadium in 2028.
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