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have been notified that the Las Vegas Sands plans to publicly announce its support for a new special
events stadium in Southern Nevada and they believe the 42 acres of land on Tropicana Avenue that
UNLV recently purchased is a prime location.
Correspondingly, the Sands leadership team let us know that officials from the Oakland Raiders are
scheduled to travel to Las Vegas and tour locations around the valley for a potential new home and they
have asked us to meet them at our 42-acre site on Friday morning to answer questions about that site.
We thought it best to alert you all given that the Sands group is going to make this public within the next
day or two. As previously stated in public meetings, we are updating our campus master plan to
incorporate the 42 acres. The property has tremendous value given we are a land-locked campus and a
stadium is but one of the many potential uses identified. Other options include a variety of academic,
research, clinical, and student facilities or some sort of combination. No decision has been made on
how the property will be used and the evaluation is ongoing.
Certainly, if a public-private partnership can be formed that includes the development of a new special
events stadium on the 42 acre site that has little or no cost to UNLV and we have the ability to use the
stadium then it is something we would look at very seriously. This very situation is, in fact, part of the
due diligence that Governor Sandovals Southern Nevada Tourism Infrastructure Committee will
continue to analyze through the end of the fiscal year. As you are aware, I serve as Vice Chair of that
committee.
We do not plan to share this information broadly at this time but have developed a communications
strategy if the media reach out to us. Feel free to call if you have any questions or need further
information.