The renderings show a sweeping 12-plus story glass and steel structure with a light-emitting display on 5.4 acres between MGM Resorts' New York-New York and Monte Carlo resorts, visible from the Interstate 15 freeway.
"The arena will be an extension of The Strip's high energy," said architect Brad Clark, Populous senior principal. "Our job with the design was to stay authentic to that spirit."
Populous designed London's O2 arena, Berlin's O2 World arena and Kansas City's Sprint Center, among other projects.
The Las Vegas arena design calls for an 85-foot-high atrium and exterior balconies on an energy-efficient building. That structure will serve as a centerpiece of a 12-acre outdoor pedestrian mall featuring restaurants and retail shops stretching from Las Vegas Boulevard to Frank Sinatra Drive.
AEG and MGM are paying for the arena with private third-party financing from as-yet unnamed sources.
Dan Beckerman, AEG president and chief executive, said the Las Vegas arena should compare with other AEG facilities including STAPLES Center in Los Angeles, London's The O2 and Mercedes-Benz Arena in Shanghai.
Las Vegas has several other arenas, including the Thomas & Mack center at the University of Nevada, Las Vegas. It opened in 1983 and has a capacity ranging from under 19,000 for basketball to about 19,500 for boxing.
MGM Resorts' Mandalay Bay Events Center can seat 12,000 people, the MGM Grand Garden Arena opened in 1993 with a capacity of just under 17,000 spectators, and the Orleans Arena opened in 2003 with a capacity of about 9,500 for boxing.
UNLV officials also want to build a 60,000-seat stadium on campus to replace aging Sam Boyd Stadium for Rebels football games, and attract events such as NFL exhibition games.
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