The Board of Regents and NSHE/UNLV entered into a preliminary assessment agreement with Majestic Realty Co. (Majestic) regarding the UNLVNow project in February 2011.
The project — which is part of UNLV’s Campus Master Plan — is a proposed public/private partnership between UNLV and Majestic. It includes:
- A mega-events center on the northwest part of campus. The center would give UNLV a state-of-the-art home for its athletics teams and provide the region with the only events center capable of hosting concerts, sports, and other special events for 60,000 spectators.
- A student village offering housing, dining, and shopping, as well as the retail and service activities customarily found adjacent to or as part of residential campuses.
The project is estimated to have a direct impact on 150 acres +/- on the western portion of the UNLV Maryland campus (and potentially Clark County land to the west of campus, as well as area vehicular, utility, and other infrastructure, among other items), and an indirect yet meaningful impact on adjacent areas of campus.
UNLVNow is led by Don Snyder, dean of UNLV's William F. Harrah College of Hotel Administration. Snyder oversaw the development of The Smith Center for the Performing Arts and the Fremont Street Experience, two of the largest public-private partnerships in Nevada history. He is also a former president of Boyd Gaming. Majestic Realty is represented by Craig Cavileer, president of the Silverton Casino in Las Vegas.
UNLV has also created a board of community leaders who serve as unpaid volunteers and are actively consulting on the business and financial issues as well as other components of the UNLVNow project.
The development advisory board is chaired by Mark Fine and also includes:
- John Midby
- Irwin Molasky
- Ted Quirk
- John O’Reilly
- Rich Worthington