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Proposal for new 40k seat domed stadium in Las Vegas

We may be purchasing a place in Vegas this year. Not on the strip, though. When we want that, we'll go there. Since we've lived there and have friends, we want more of a local scene. We're looking at Henderson in the District condos that are within the shopping & restaurant village attached to Green Valley Ranch casino. GVR has a great movie theater, the Whiskey Bar and a nice club for smaller concerts where we've seen guys like Marc Cohn ("Walking in Memphis"). The District has outdoor movies and a huge carousel for the kids, a Whole Foods within walking distance, and some nice parks nearby. 5 minutes to the airport just off the 215. Prices are way down from what they were when we lived there.
 
Buffnik said:
We may be purchasing a place in Vegas this year. Not on the strip, though. When we want that, we'll go there. Since we've lived there and have friends, we want more of a local scene. We're looking at Henderson in the District condos that are within the shopping & restaurant village attached to Green Valley Ranch casino. GVR has a great movie theater, the Whiskey Bar and a nice club for smaller concerts where we've seen guys like Marc Cohn ("Walking in Memphis"). The District has outdoor movies and a huge carousel for the kids, a Whole Foods within walking distance, and some nice parks nearby. 5 minutes to the airport just off the 215. Prices are way down from what they were when we lived there.
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I'd prefer something like a 2 bedroom condo with a Strip location so it would be easier to rent when I'm not there. Something along the lines of Signature at MGM. I'd have to take a long hard look at the rental numbers, though. I'm sure they are not looking pretty at present.

I do not believe for one minute that Vegas is dying, though. I don't care that there are high stakes online games all over the place. There is just something about going there that is far different than going to Blackhawk or playing online. It's a unique destination. And one that is not for everyone, for sure.
 
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Hell, we leave in just over two weeks and I cannot wait. A concert, will see Ka again, looking at cars and women...should be fun. Have some freinds that my wife invited to tag along since we have two beds at the bellagio; got a letter with two free nights at the Wynn, so we will go there for the last two days. Of course, I always win......at the buffets!
 
FlatironsBuff said:
Hell, we leave in just over two weeks and I cannot wait. A concert, will see Ka again, looking at cars and women...should be fun. Have some freinds that my wife invited to tag along since we have two beds at the bellagio; got a letter with two free nights at the Wynn, so we will go there for the last two days. Of course, I always win......at the buffets!
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Headed there this weekend for Rugby World 7s. It'll be a hoot!
 
Buffarino said:
I'd prefer something like a 2 bedroom condo with a Strip location so it would be easier to rent when I'm not there. Something along the lines of Signature at MGM. I'd have to take a long hard look at the rental numbers, though. I'm sure they are not looking pretty at present.

I do not believe for one minute that Vegas is dying, though. I don't care that there are high stakes online games all over the place. There is just something about going there that is far different than going to Blackhawk or playing online. It's a unique destination. And one that is not for everyone, for sure.
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I stayed at the Signature MGM on my last visit. Based on what I paid per night, I don't think the rental market is strong. In fact, I believe the Signature owners sued the company after the economic downturn because they had been promised full rental occupancy that would more than pay the mortgage in the sales literature (or something like that). Regardless, I really liked it there and there are some unbelievable strip views. Plus the residents are pretty cool (at least the few we met at the bar and partied with).

P.S. I also noticed that the prices at Turnberry are ridiculously low these days. That's probably the safest bet on the strip, especially if you can swing a place with a strip view.
 
Buffarino said:
I'd prefer something like a 2 bedroom condo with a Strip location so it would be easier to rent when I'm not there. Something along the lines of Signature at MGM. I'd have to take a long hard look at the rental numbers, though. I'm sure they are not looking pretty at present.

I do not believe for one minute that Vegas is dying, though. I don't care that there are high stakes online games all over the place. There is just something about going there that is far different than going to Blackhawk or playing online. It's a unique destination. And one that is not for everyone, for sure.
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It will be interesting to see what happens there in the near future. Buying right now might be a good investment, but the future there is very uncertain.
 
Buffnik said:
P.S. I also noticed that the prices at Turnberry are ridiculously low these days. That's probably the safest bet on the strip, especially if you can swing a place with a strip view.
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Which one is Turnberry?

At any rate, I'm not in a position to buy a rental property right now, but the idea has intrigued me ever since property values crashed in Vegas.
 
77buff said:
I love the sales pitch they have "buy while the real estate market has bottomed out". Yeah, double your investment in just a few short years.
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Yeah. The pitch probably resonates with their clientele. Most people who had a ton of money still do, but they have no idea where to invest it. They can afford to pick off real estate on the cheap and hold onto it for a decade before seeing a return.
 
Buffnik said:
Yeah. The pitch probably resonates with their clientele. Most people who had a ton of money still do, but they have no idea where to invest it. They can afford to pick off real estate on the cheap and hold onto it for a decade before seeing a return.
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You are 100% correct, but how many people can afford to do that? Wealthy people are no different than the rest of us when it comes to spending money. They want value for their money. Investing in Las Vegas real estate is a dice roll at best right now.
 
77buff said:
You are 100% correct, but how many people can afford to do that? Wealthy people are no different than the rest of us when it comes to spending money. They want value for their money. Investing in Las Vegas real estate is a dice roll at best right now.
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Which is precisely why the only kind of unit I would buy right now would have to be on the Strip, with a Strip view. Location, location, location.
 
Buffnik said:
They'd go after Oklahoma, but they'd go SEC or independent imo.

The 4 I'd like to see would be KU, SDSU, UNM and UNLV. Problem is, that's more of a basketball play and football drives revenue.
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I'm late to this thread, but for whatever it's worth I've been a "Pac-10 guy" since I was born. There is no chance that the Pac-12 will add any of those schools except POSSIBLY KU. The Pac-10 had an opportunity to add Texas once before, in the 80's. Stanford vetoed it.

Adding schools goes way beyond football in the Pac -- it goes beyond sports. It's up to the University Presidents, and if even one vetoes it, that's it. They were willing to take all the crappy non-UT Texas schools (and OU and Okla St.) because of the ridiculous money that Texas would have brought. Without a huge heavy hitter, they aren't going to expand. They are big snobs about academics too -- there was a lot of debate about Utah and if they were good enough to make the cut.

I agree the expansion isn't done, but when it starts up again it's going to be big media markets and big, at least decent schools. None of the WAC and Mountain West schools make that cut.
 
Problem is that the Pac-12 already hits all of the major western media markets except for Texas. Longhorns aren't coming unless they get a special deal. So they're not coming. And it questionable whether the Pac-12 can go into that state and maintain its cultural identity.

I think expansion's inevitable. But it would be for the best of the conference if it took a decade or more. With the way the populations of western cities are growing and the universities are improving with them, maybe by the time we're ready the flyover states (Nevada, Idaho, New Mexico) will have universities that make sense for the conference. And maybe Texas Tech will have achieved its goals of improving its academics (particularly its graduate research). Then, we just need Texas to put all of west Texas (past 100 longitude - Amarillo, Lubbock, Odessa, San Angelo, Pecos, El Paso) into the Mountain Time Zone and we'll be set.
 
If going to 16 take KU, Mizzou, Air Force and UNM. Air force would be in a our built in rival and Utah would pair up with UNM.
 
Darian3Hagan said:
If going to 16 take KU, Mizzou, Air Force and UNM. Air force would be in a our built in rival and Utah would pair up with UNM.
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If expansion were to happen next year, and we had to get to 16, and Texas wasn't coming, I'd agree with this. However, I too hope that we won't be forced to expand before we have to. Hopefully this time will give some of those more pacific schools time to gear up for a the jump to the big leagues. I don't particularly want our conference to span all the way from the ocean to the Mississippi, north to south.
 
Tractor said:
If expansion were to happen next year, and we had to get to 16, and Texas wasn't coming, I'd agree with this. However, I too hope that we won't be forced to expand before we have to. Hopefully this time will give some of those more pacific schools time to gear up for a the jump to the big leagues. I don't particularly want our conference to span all the way from the ocean to the Mississippi, north to south.
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I dont think we will have much of a choice out here in the wild west our populations are very spread out that is why CU was going to added to PAc no matter what, theres not many big population centers to choose from.
 
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