Bally's is causing problems for the A's Las Vegas ballpark dream
SFGATE • • sports
Key Points:
- John Fisher’s planned Las Vegas ballpark for the A’s is progressing, but Bally’s, his property partner, is delaying key construction projects, risking a $100 million cost overrun.
- Bally’s was expected to build two hotel towers, a gambling hall, and a parking structure, but financing issues have stalled these developments, with an August deadline set to resolve the financing plan.
- The A’s may need to build a temporary 1,500-stall parking garage costing $60 million to $100 million, adding to the stadium’s rising costs, which have increased from $1.5 billion to approximately $2 billion.
- Additional gaps include funding a weaker central utility plant and a temporary fan plaza and entrance, further straining the project budget and timeline.
- The project’s escalating expenses and delays reflect common challenges in Las Vegas developments, with the A’s likely to use nearly all $380 million in available public funds, exceeding initial expectations.
