LAS VEGAS (FOX5) — A new proposal for the future home of a Las Vegas NBA franchise is setting its sights on the south Strip.
According to a release shared Monday, the proposed “Diamond Arena” would be located at the northeast corner of Las Vegas Boulevard are Four Seasons Drive, directly across from Mandalay Bay.
The project will feature a 21,212-seat arena design with an entrance directly on the Las Vegas Strip withing walking distance to more than 20,000 hotel rooms.
“This isn’t just another arena project—it’s a global stage for the NBA,” said Tom Letizia, a spokesman for the Diamond Arena. “The league is looking for a long-term home in Las Vegas, and this site delivers everything needed to define the future.”
This comes after the NBA Board of Governors voted to move forward with the bidding process for possible expansion teams in Las Vegas and Seattle.
The “Diamond Arena” is the latest proposed site for a future franchise.
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The project also touts immediate access to the I-15 and 215 beltway, proximity to Harry Reid International Airport, and visibility for around 60,000 passing vehicles.
The project also promises the largest parking capacity of any competing site, including 18,460 existing spaces and 760 planned VIP spaces.
The project also includes a 100,000-square-foot ground-level plaza, and 140,000 square-feet of team and broadcast facilities.
According to a release, the “neutral” arena site is expected to draw many economic opportunities.
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