Raiders looking to build $158M Allegiant Stadium Hacienda plaza platform

The Raiders are moving forward with a $158 million plan to upgrade Allegiant Stadium’s Hacienda Avenue plaza, with a portion of the funding likely to come from excess stadium tax revenue. According to Steve Hill, chairman of the Las Vegas Stadium Authority, the northbound plaza project would create a level extending from the Hacienda overpass above the Lot C parking area at the stadium’s north end. That level would provide a covered space beneath for ride‑hailing operations that currently use a privately owned lot north of Hacienda. “It’s a level that creates a 2nd communicative disconnected of Hacienda,” Hill told the Las Vegas Review‑Journal. “Right now, you person to locomotion each the mode down to Hacienda, into the road, into the stadium. This volition let you entree to a bully information of Hacienda, truthful you don’t person to locomotion each the mode down (to Allegiant Stadium Way) … And it’ll beryllium a gathering point; it’ll beryllium beauteous important size.” Hill noted that more than 20,000 people use Hacienda to travel to and from the Las Vegas Strip for Raiders games and other large events at Allegiant. The northbound plaza area will also serve as the site for a future Boring Co. Vegas Loop station, Hill added. The proposal will be discussed at Thursday’s stadium authority meeting, where the Raiders seek to draw up to $75 million from the authority’s waterfall residual account. The item is scheduled for a vote at a tentative special meeting set for September 2. The waterfall account accumulates excess revenue from the 0.88 percent county tax that helped finance the public’s $750 million contribution to the stadium’s construction. It receives funds after bond debt payments, stadium authority operating expenses, and other obligations—including UNLV football’s annual allocation for missed revenue projections—are satisfied. Money in the account can be used for capital improvements or to pay down debt early. “We volition perceive it, but we won’t enactment connected it for these large things we don’t thin to enactment successful the aforesaid gathering that we archetypal perceive it,” Hill said. “So, we’ll perceive it connected the 20th. We are readying a peculiar gathering to see approving it due to the fact that it volition beryllium partially funded with funds astatine the bottommost of our waterfall account.” Hill did not specify a timeline for when construction might begin, noting that such details are absent from the backup materials for Thursday’s meeting. At the same meeting, Clark County will request permission to allocate just over $2 million from the waterfall fund for three minor stadium upgrades: installing gantry signs over Polaris Avenue north of Russell Road and Dean Martin Drive south of Oquendo Road, and widening the sidewalk along Hacienda. The stadium authority will also review items related to the Athletics’ $2 million ballpark project, including an update on the northwest plaza effort initially slated for construction by Bally’s Corp., and a report on stadium tax‑revenue collections.