The iconic Tropicana Las Vegas, which has been a staple in the city’s landscape since 1957, is set to cease operations on April 2. However, this closure is not the end, but rather the beginning of an exciting new chapter for the location. The hotel will be demolished to make way for a state-of-the-art Major League ballpark, where the Athletics (A’s) will find their new home. This development marks the A’s move from Oakland, California, to the vibrant city of Las Vegas.
The proposed complex, an integrated resort-and-ballpark, will stand tall at the southeast intersection of Tropicana Avenue and the Las Vegas Strip. Envisioned as a 30,000-seat facility, the ballpark aims to provide an exceptional experience for both players and fans alike. While the A’s have not yet unveiled updated renderings of the ballpark or provided detailed information on the financing of the project, it is estimated to come with a staggering price tag of $1.5 billion. Their goal is to have the stadium ready for the 2028 season, offering a new sporting destination in the heart of Las Vegas.
A Collaborative Effort
Recognizing the significance of this venture, the Nevada Legislature took a proactive step last year by approving $380 million to support the construction of the ballpark. This crucial funding demonstrates the enthusiasm and support of the local community, which is eager to welcome the A’s and embrace the world of Major League Baseball. The collaboration between Bally’s Corp., Gaming and Leisure Properties Inc., and the A’s solidified the vision, with the proposed stadium occupying approximately nine acres of the 35-acre site.
A Testament to Growth
Bally’s Corp., the new owner of the Tropicana Las Vegas, acquired the property from Gaming and Leisure Properties Inc. for $308 million in 2021. As part of the transaction, Bally’s also secured a lease for the land on which the hotel currently stands. This strategic move allows Bally’s to transition seamlessly from the Tropicana to build a brand-new hotel-casino on the remaining portion of the property. The expansion of Bally’s presence in Las Vegas signifies its dedication to expanding its global footprint and establishing a strong foothold in the world of sports, with existing ventures such as Bally Bet and various marketing partnerships.
The president of Bally’s, George Papanier, expressed his delight at being a key partner in this groundbreaking project, emphasizing the significance of bringing a Major League ballpark to Las Vegas. Papanier described this endeavor as an extraordinary achievement for the company, reflecting its commitment to growth and its sports portfolio. Bally’s acknowledges the invaluable support from stakeholders, partners, and local authorities, including the city of Las Vegas, Clark County, and the state of Nevada, for providing this once-in-a-lifetime opportunity.
The impending closure of the Tropicana Las Vegas signifies the start of an exciting new phase in the city’s history. The arrival of a Major League ballpark promises to bring a fresh dynamic to the Las Vegas Strip, attracting baseball enthusiasts and tourists from around the world. This transformative project exemplifies the constant evolution and reinvention of Las Vegas as it continues to solidify its position as an entertainment capital.
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