MGM, AEG release renderings of proposed arena in Las Vegas

The developers of a 20,000-seat sports and entertainment arena released the first images of the privately funded venue.

Arena partners AEG and MGM Resorts International also released details of the venue, which is expected to be built between New York-New York and Monte Carlo, extending west from Las Vegas Boulevard to Frank Sinatra Drive.

Balcony view from the proposed Las Vegas arena looking toward New York-New York on the Strip. Courtesy AEG

The design includes a massive glass façade with an LED overlay, sweeping balconies, an outdoor performance stage and what the companies describe as a sleek, bold and sophisticated exterior.

“As with arenas such as Staples Center in Los Angeles, London’s The O2, Mercedes-Benz Arena in Shanghai and several others in the AEG Facilities portfolio, this new arena in Las Vegas is destined to be one of the most recognizable, respected and iconic venues in our industry,” AEG CEO Dan Beckerman said. “From the diverse collection of unique and custom-designed premium seating and hospitality options to the variety of programming that will be booked, there will be offerings to appeal to the widest audience; from casino operators and their guests to international travelers and local residents, this will be world-class in every sense.”

[Galleries 109 not found]

The arena is scheduled to open in spring 2016, and is planned to be used for concerts, boxing and mixed martial arts matches, family and awards shows, and other major events. The arena could also be used to host NHL and NBA teams.

The project – designed to meet the U.S. Green Building Council’s standards for LEED Gold Certification – is expected to cost $350 million and be funded entirely by AEG and MGM and privately funded third parties, the companies said.