The Oakland Athletics have signed an agreement to purchase land for a new retractable roof ballpark in Las Vegas after being unable to build a new venue in the Bay Area.
Team president Dave Kaval announced the news on Wednesday night as the team finalized a deal last week to buy the 49-acre site where the A’s plan to build the stadium close to the Las Vegas Strip with a seating capacity of 30,000 to 35,000.
The A’s will work with Nevada and Clark County on a public-private partnership to fund the stadium. Kaval said the A’s hope to break ground by next year and would hope to be move to their new home by 2027.
“It’s obviously a very big milestone for us,” Kaval said. “We spent almost two years working in Las Vegas to try to determine a location that works for a long-term home. To identify a site and have a purchase agreement is a big step.”
The A’s had been looking for a new home for years to replace the outdated and run-down Oakland Coliseum, where the team has played since arriving from Kansas City for the 1968 season.