Raiders confirm Las Vegas stadium groundbreaking on Nov. 13
LAS VEGAS (KSNV News3LV) —
The official groundbreaking ceremony for the Las Vegas domed football stadium will be held the morning of Nov. 13.
"I just got off the phone with Raiders President Marc Badain of the Raiders and they have set that date at the stadium site," Clark County Commissioner Steve Sisolak told News 3.
The time for the event has not been set.
"The Raiders had been looking for a day between Nov. 6 and Nov. 20 when all of the key players would be there," Sisolak said.
Some preliminary work has already started on the site near Russell Road and Interstate 15.
The hope is to have the stadium open in time for the Raiders season in 2020.
The estimated cost is pegged at $1.9 billion with $750 million in room tax revenue accounting as the public's contribution to the financing. The Raiders are investing $500 million and borrowing another $650 million from Bank of America.
Oakland officials were unable to secure a deal to build a new stadium to keep the team in Oakland.