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The future of UNLV’s 42-acre lot near the Strip is still uncertain after the Nevada System of Higher Education Board of Regents special meeting Tuesday. “This land is not just a parcel of real estate,” University President Keith Whitfield said during a presentation of four proposals for the land. “It’s a transformative opportunity to shape the future of UNLV and its future within the border of Las Vegas.
First the lights blinked out, preventing state education officials from approving a $1.25 billion ground lease to G2 Capital Development in Las Vegas. Then regents balked at the deal.
State higher education officials expressed strong skepticism over UNLV’s plans to enter into a lengthy ground lease on 42 acres of university-owned land near the Las Vegas Strip.
Violence has been in the spotlight recently — specifically crimes near the University of Nevada Las Vegas.