Las Vegas

Downtown Vegas Crashes NBA Arena Race With Two Surprise Sites

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Published on April 02, 2026
Downtown Vegas Crashes NBA Arena Race With Two Surprise SitesSource: Wikipedia/U.S. Congress, Public domain, via Wikimedia Commons

Las Vegas Mayor Shelley Berkley is trying to drag the NBA arena race off the Strip and into the heart of downtown, pitching two city-controlled parcels as potential homes for a future franchise.

Speaking at City Hall on Thursday, Berkley said the city is formally floating a surface lot across the street from City Hall that is tied to The Plaza, along with an open parking area at the World Market Center, as realistic arena options. She argued that both sites sit right on top of freeway access, which she says could sidestep Strip gridlock and help turn downtown into a full-fledged arena district instead of just a backup plan.

Berkley also said she has a Zoom call set for next week with NBA Commissioner Adam Silver and intends to invite him to the mayor’s office the next time he is in Las Vegas. In other words, City Hall wants to make sure the league sees downtown as more than a drive-by view from the limo.

At the same news conference, Berkley acknowledged that the NBA is weighing multiple Las Vegas locations but stressed that the city “has an alternative,” as reported by FOX5. The station identified the two specific parcels in play: a Plaza-owned surface lot directly across from City Hall and an open parking field at the World Market Center, which is owned by Blackstone.

Where expansion stands

The NBA’s Board of Governors voted in late March to formally explore expansion bids in Las Vegas and Seattle, kicking off a process that will evaluate markets, ownership groups and arena infrastructure, according to The Associated Press. League watchers expect the price of admission to be steep, with industry reports suggesting bids could reach into the multibillion-dollar range; ESPN has reported estimates between $7 billion and $10 billion.

The NBA has also tapped advisers, including PJT Partners, to help vet potential ownership groups and their financing. That national momentum helps explain why Las Vegas officials and private developers are racing to put solid, controllable sites on the league’s radar rather than relying on vague maps and wishful thinking.

Strip vs. downtown

Strip resort operators and developers are not exactly sitting this one out. Other suggested homes for an NBA team include existing venues such as T-Mobile Arena and Resorts World, along with privately held parcels like the LVXP site near Sahara and sites near Blue Diamond and Las Vegas Boulevard, FOX5 reported.

Strip boosters point to built-in advantages: an ocean of hotel rooms, immediate convention capacity and a constant flow of visitors who can fill seats on a Tuesday night. City leaders counter that a downtown arena could spark new investment in surrounding blocks, anchor year-round activity and plug more directly into existing transit connections.

In the end, control will matter as much as vision. Whoever can show up with shovel-ready land, guaranteed parking and reliable hotel inventory is likely to stand out as the NBA starts trimming down its list of expansion suitors.

What’s next

Berkley says she plans to use her upcoming Zoom call with Silver to make the city’s downtown pitch directly, then follow up with an in-person invitation to City Hall when he is next in town. It is an early test of whether face-to-face politics can compete with Strip-scale spectacle.

The NBA has hired PJT Partners to advise on market and ownership evaluations, and any would-be ownership group will go through detailed financial and site-control reviews, The Associated Press reports. That means the clock is already ticking for anyone who can either deliver a ready-to-build parcel or lock in the hotel and parking infrastructure that the league expects for a new franchise.