All Net Resort and Arena

All Net Resort and Arena is a planned entertainment complex in Las Vegas. A project of businessman and former basketball player Jackie Robinson, the complex will encompass a resort hotel, retail and restaurant space, and a multi-purpose indoor arena with a retractable roof. Its location is set on the Las Vegas Strip at the former site of a Wet 'n Wild waterpark, next to the Sahara Las Vegas in Winchester, Nevada. Designed by the Cuningham Group, it was initially planned to open in 2017. Robinson announced in August 2019 that he was in the final stages of getting his loan for the project, which was expected to cost nearly $3 billion.

All Net Resort and Arena
LocationWinchester, Nevada
Coordinates36.140898°N 115.158320°W / 36.140898; -115.158320
OwnerJackie Robinson
OperatorComcast Spectacor
Capacity22,800
Construction
Broke groundOctober 29, 2014 (2014-10-29)
Construction cost$2.6 billion
ArchitectCuningham Group
Website
Official website

History

Silver State Arena

The idea of turning the abandoned site of a Wet 'n Wild waterpark on Las Vegas Boulevard into a stadium begun in 2010, as Texas-based developer Chris Milam revealed plans for a "Silver State Arena" following the cancellation of Crown Las Vegas. It was set to break ground in September 2010 and open in 2012. Milam's company International Development Management would get the 27-acre (11 ha) land from Sue Lowden and her husband Paul, and atop build a 20,000-seat stadium at the cost of $750 million, using about $9 million a year in redevelopment district taxes.[1] The project stalled after Clark County rejected a proposal to fund 15% of the venue with public money and nearby residents opposed construction.[2] By the following year, the site was changed to nearby the Mandalay Bay Resort and Casino, where Milam would create a whole sports complex that included new ballpark for the Las Vegas 51s.[3] The plans came to nothing and Milam "walked away" from the baseball deal.[4] The site near Mandalay Bay is now Allegiant Stadium.

There was later another plan where the Silver State Arena would be near the M Resort in Henderson, financed by Chinese bank partners,[5] but these plans also went nowhere.[6]

All Net Resort and Arena

In December 2013, businessman Jackie Robinson, a former UNLV student and NBA player, announced that he was planning on using the same site of the proposed Silver State Arena to build his own arena project tentatively known as the All Net Arena and Resort. It would be a $1.4 billion privately funded complex encompassing an arena, hotel and shopping project between the SLS Las Vegas and the Fontainebleau project that could attract an NBA franchise to Las Vegas.[7] The arena itself would cost $690 million, being operated by Comcast-Spectacor (owners of another NBA stadium, Philadelphia's Wells Fargo Center).[8] Designed by the Cuningham Group, it was planned to open in 2017,[9] but by April 2016, the project had been delayed until 2018 or 2019.[10] The arena would have a total capacity of 22,800.[11] The All Net Arena saw its ground breaking ceremony on October 29, 2014,[12] and Robinson wanted to negotiate with Clark County expecting to begin construction.[13] However, given the land is not owned by Robinson and the project hit financing problems, the project was still in limbo as of the end of 2015.[14] Demolition of the property begun on 2016, and Robinson hoped to begin construction soon to get the arena finished in 30 to 36 months.[10] In 2017, earth moving equipment and dirt haulers were working the 27-acre (11 ha) site,[15] and the All Net group announced it had garnered the full independent financing[16] and an expansion, adding in larger retail and convention space, and another hotel tower with 2,000 rooms standing at 63 stories tall.[17] The Clark County Commission approved the project on October 18, 2017. Construction was expected to begin before the end of 2017,[18] and completion was expected by spring 2020.[19]

In early June 2019, Robinson said the $2.6 billion project was fully financed and that building designs would take approximately 45 days to receive county approval, while construction would take about three years.[20] In August 2019, Robinson said he was in the final stages of getting his loan for the project, which was expected to cost nearly $3 billion. The project would be financed with money from Qatar, Zürich, and central banks in Europe. Moving the money into the U.S. was a lengthy process. Robinson's group had also invested more than $37 million into the project. All Net is expected to include a 44-story and 63-story hotel, a movie theater, a bowling alley, restaurants, and conference space, among other features.[21]

See also

References
  1. "Developer touts 20,000-seat arena". Las Vegas Review-Journal.
  2. Case Keefer. "Las Vegas' history filled with failed stadium, arena projects". LasVegasSun.com.
  3. Ralston, Jon (May 6, 2011). "Texan closer to bringing arena complex to Las Vegas, signs contract for 51s". Las Vegas Sun. Retrieved May 7, 2011.
  4. Reichard, Kevin (September 8, 2011). "Vegas sports complex moves forward – but baseball now on the back burner". Ballpark Digest. Retrieved November 12, 2014. When developer Chris Milam announced a purchase of the Las Vegas 51s (Class AAA; Pacific Coast League) in May, baseball was a centerpiece of the proposed development, with a plan for a 51s ballpark that could be expanded potentially in the future for an MLB team. But that's been changed, as Milam has decided to deemphasize baseball and walked away from a purchase of the 51s; the team is back on the market.
  5. "Funding Pact Brings Nevada Arena Step Closer to Kick-Off".
  6. Alan Snel. "Milam's creditors sue BLM over Henderson land deal". Las Vegas Review-Journal.
  7. Richard N. Velotta. "Another arena proposed for the Las Vegas Strip". LasVegasSun.com.
  8. Alan Snel. "Ground breaking near for $1.4 billion Strip arena complex". Las Vegas Review-Journal. Archived from the original on 2015-05-22. Retrieved 2015-05-29.
  9. "Cuningham Group".
  10. Karp, Hannah (2016-04-04). "Las Vegas Betting New Venue Hits Jackpot". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-04-12.
  11. "Local Businessman and Former UNLV, NBA Player, Jackie Robinson, Announces Plans for Strip Arena and Resort". BusinessWire. December 23, 2013. Retrieved June 13, 2019.
  12. Alan Snel. "Arena builder takes shot at landing NBA for Las Vegas". Las Vegas Review-Journal.
  13. Alan Snel. "Developer Robinson still pursuing arena development issues". Las Vegas Review-Journal.
  14. Las Vegas Review-Journal. "Whatever happened to these Southern Nevada newsmakers in 2015?". Las Vegas Review-Journal.
  15. Something's happening: It's getting busy at the All-Net Arena site
  16. All Net Arena construction financed, could start in November
  17. All Net Arena revisits plans to expand for basketball arena, hotel
  18. Commissioners green light new All Net Arena plans
  19. Meehan, Jeffrey (2017-10-29). "Billions in development planned for the Strip and surrounding areas". Las Vegas Review-Journal. Retrieved 2018-10-16.
  20. Gillan, Jeff (June 7, 2019). "Robinson says massive All Net Resort and Arena on Las Vegas Strip 'still on'". KSNV. Retrieved June 13, 2019.
  21. Segall, Eli (August 2, 2019). "Jackie Robinson '1,000%' committed to Las Vegas Strip arena, hotel project". Las Vegas Review-Journal. Retrieved August 7, 2019.
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