Las Vegas Sun

December 15, 2018

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Construction of Raiders stadium in Las Vegas on track

Las Vegas Stadium

Mick Akers

Construction on the Las Vegas stadium continues on Monday, Nov. 5, 2018.

Construction of the Las Vegas stadium remains on schedule, with the steel skeleton taking shape behind the Strip and about a quarter of the project’s $1.8 billion budget expended, officials said.

The 65,000-seat domed stadium, where the NFL’s Raiders and UNLV will play football, is set to be completed by July 31, 2020.

To date, about $450 million has been spent on the project, according to documents submitted to the Las Vegas Stadium Authority.

Some $328.7 million has come from the Raiders and its construction subsidiary StadCo, while $119.8 million is from the $750 million in public money earmarked for the project through a 0.88 percent tax on hotel rooms in Clark County.

The bulk of the money — $210.4 million — has been spent on construction, with $136 million going toward the stadium design, engineering and other nonconstruction soft costs. Another $77.8 million was spent acquiring the 63-acre property off of Russell Road.

The Raiders and UNLV will play their home football games at the stadium starting in 2020. UNLV is scheduled to play the first game at the stadium Aug. 29, 2020, against the California Golden Bears of the Pac-12 Conference.