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May 19, 2013

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Texan closer to bringing arena complex to Las Vegas, signs contract for 51s

Courtesy

A rendering of the proposed stadium complex behind Mandalay Bay.

Published Friday, May 6, 2011 | 11:21 a.m.

Updated Friday, May 6, 2011 | 3:31 p.m.

As the public arena battle has raged between Caesars Entertainment and MGM Resorts International, Texas entrepreneur Chris Milam has quietly assembled the building blocks for his own project near the south end of the Strip.

He has signed the minor league baseball 51s to a contract, which would have them move from Cashman Field to a site just west of Interstate 15, opposite Mandalay Bay. The complex would include a ballpark, a stadium and an arena.

The so-called Las Vegas National Sports Center is designed to also house a Major League Soccer franchise and, if the stars align, an NBA team, too.

This may sound like pie in the sky — and anyone who has lived here for a while has heard this before — but Milam seems as determined and deliberative as anyone before him.

Milam announced Friday he has entered into a contract with Stevens Baseball Group LLC to purchase the Las Vegas 51s for an undisclosed price. Subject to league approval, ownership of the franchise is expected to be transferred by the end of July.

Acquiring the franchise, Milam said, is an important step in the creation of the sports center and will “allow for the expansion of professional sports into the Las Vegas market.”

The Legislature is expected to be involved soon, helping Milam pass a measure that would allow him to create a taxing district on the land, which he is negotiating to buy from banks. This could all happen as soon as next week. Considering the project’s proximity to one of its properties, I can’t imagine the MGM folks will be too upset with this one.

Don Logan, longtime general manager of the Las Vegas 51s, said Milam’s proposal “is by far the most innovative and realistic opportunity” to create a new stadium for the team.

An economic impact statement commissioned from economist John Restrepo shows some impressive numbers, including the creation of 2,710 jobs. You can hear lawmakers crowing about that number during a session in which they haven’t had much to crow about.

Could this be one step closer to a pro sports franchise? Let’s hope so.

Discussion: 35 comments so far...

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  1. The proposed site is currently just dirt from what I can see.

    http://goo.gl/maps/pi8m

  2. Thats too bad, I like cashman field, and the 51s may not be major league but their games are inexpensive and way fun.

  3. What, no parking lot?

  4. This is the best location I have seen thus far.

  5. Imagine that traffic on Friday or Saturday night.

  6. No parking and WAY TO MUCH TRAFFIC. Not gonna happen.

  7. @Jafo: If you visited any of the newer minor league parks, you would see just how antiquated and behind the times Cashman Field is. I moved here from Oklahoma City, and the new ballpark there (now about 12-13 years old) is one of the finest in the minors. Cashman isn't even close. It is long overdue for replacement.

  8. 1. Cashman Field is antiquated and in a bad area. Most visitors to Las Vegas skip it for this reason.

    2. Building a new sports complex will bring much needed construction and more jobs to the area. What's not to like?

    3. Las Vegas is not only worthy of major league sports, it's amazing a town this size doesn't already have it.

    4. To those who think there's no parking.. I'd just bet Mandalay Bay will let 'em park there so long as they bet after the games. Having been in Detroit this past week with Baseball, Hockey and concerts all letting out.. the MGM and other casinos were packed and they know it.

    5. If you got the money, build it and they will come.

  9. "Could this be one step closer to a pro sports franchise? Let's hope so."

    Why should we hope so? Pro sports franchises enrich the already-wealthy while draining money from the public at a greater rate than the entertainment options they already enjoy. Add in the frequent misguided tax incentives given to the multi-millionaires that run these ventures, and they are almost universally a *bad* thing for the communities in which they reside. They don't bring in notable numbers of tourists, and they don't magically create jobs from nothing. The high prices at major sports venues mean that the jobs created will be more than offset by jobs lost as less money is spent on other leisure activities.

    If this developer things he can build a successful venue, he ought to be welcome to try, but NOT with any preferences from taxpayers. This article could have benefited from describing exactly what a tax district is.

  10. Exactly what is a Tax District?

    My interpretation would be.
    1. Money collected as a tax from with in a certain area that goes to the developer either directly or indirectly, But never goes to the community coffers, Or
    2. Privatizing profits and socializing the expenses.

    Can someone clear this up for me I ask because I don't know. Thanks

  11. I don't think LV will support major league sports. We barely support the 51s. But a new stadium for them is needed so let's hope that happens. Hockey might work. The Wranglers do OK, but I'm not sure that we could fill 17,000 seats every nite. Pro basketball will flop. Way too expensive to watch primadonnas play a simple game.

    And we need a stadium to keep the rodeo. Otherwise Jerry Jones will steal it for Dallas. UNLV could play there once they get better. And a bigger bowl game would work too...

  12. This is a fine project if funded privately. If any tax funds are used, it's a no-go!

  13. More construction jobs, as well as more employment once the complex is open, are both welcome with open arms.

  14. They should include a pedestrian bridge from Mandalay Bay over the freeway to the facility.

  15. I wonder if Milam is buying the team without condition, or if it is based on getting approval of some parts of the stadium deal?
    This thing has no chance and it is becoming a detriment to the valley for all these crackpot schemes to be floating around. The best location is downtown and the best arena design is the Roski/UNLV proposal. There has to be a way to match these up, although UNLV will have to drop out, and probably should.
    A major league sports team might be welfare for billionaires, but American society is sports crazed, especially at the hyper-competitive leadership level (both private and public sectors). When a city makes the ivestment in themselves, they are seen as major league and become more attractive to people in charge of companies and government agencies. Just look at Oklahoma City, we have invested heavily in ourselves (that means tax dollars to fix up the town), built an arena and grabbed the opportunity when Katrina made us a temporary home for the NBA Hornets. The name of our city gets repeated constantly 10 months out of the year, making impressions in the minds of so many people across the country. That type of investment is what will help transform Las Vegas from Sin CIty to Big League City.

  16. i believe we have the fan base fo an arena,you need to think of the home team fans and all the home team fans of all the teams that come to play our team because las vegas is in fact the place everyone wants to visit so this will be one more reason to visit.

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