Front Parking Area Ready to Blacktop at Las Vegas Raiders Stadium

Trucks Dumped Gravel in the Front Parking Area

parking at Las Vegas Raiders Stadium is limited. They recently had to approve another budget increase to purchase or lease parking lots in Las Vegas.

LAS VEGAS, NV: Everyone knew that parking would be an issue at Raiders Stadium  tased upon the original plan presented to the taxpayers.  

How could such an experienced set of architects at Mortensen/McCarthy Construction fail to see such an obvious blip in their stadium.  A simple math calculation would say if you build a structure that seats 65,000 people then you will need about 15,000 parking spots.  But for $1.8 billion, the architects only accounted for 2,375 seats.  That would barely be enough for employees, media and VIPs.

Did Mortensen Construction and McCarthy Building Companies Inc Fail to Provide Enough Parking Spaces for a 65,000 Seat Stadium?

The Allegiant Stadium in Las Vegas is a facility designed to hold 65,000 people.  The stadium will host both college football for UNLV and the Las Vegas Raider.  But Mortenson Construction and McCarthy Building Companies only proved for 2,375.  What could have happened?

The original budget that was proposed to the taxpayers was $2.4 billion.  That was rejected by the taxpayers.  They came up with a new plan that only cost $1.8 billion.  So far, Mortensen Construction and McCarthy Building Companies Inc are over budget by $200 million.  The price is now $2 billion and we still have about a year to go. 

Why is the Las Vegas Stadium Over Budget by $200 Million Already?

The Las Vegas Sun printed that being over budget $40 million is a "good thing". They failed to mention anything about a refitted truss or iron worker overtime.

The Las Vegas Stadium project has an oversight committee; the Las Vegas Stadium Authority,  Every quarter, the LVSA is supposed to review the work that has been done.  The last two quarters required Don Webb form Mortenson/McCarthy to ask for more money.  Each time the Las Vegas Stadium Authority  approved their request for more money.

The first request was in May 2019. They asked for $40 million.  According to Don Webb, he decided halfway through the project to add 20 suites.  The question begs to ask why didn't they plan for this before?

JediRich.com Studios in Las Vegas has a different theory.  On June 16th, 2019, Don Webb admitted that a truss needed to come down because it was built 1/8th of an inch out of plumb. 

The Las Vegas Stadium Authority is there to protect the $750 million of public money being used to build the stadium.

A truss that was put up in May had parts put on upside down so it didn't fit.

It was clear to everyone on social media that Mortenson Construction and McCarthy Builders had goofed up.  The extra $40 million may have been to add stadium seats but it was also to cover the extra overtime required by the iron workers to catch up.

Recently, Don Webb ask for an additional $90 million dollars bring the total to $200 over budget.  What will it be used for? Guess. Among other things, they will use the money to purchase or lease parking lots. Rick Velotta form the Review-Journal completed this list:

Rick Velotta compiled a list of what the Stadium is getting for an additional $90 million. Most of these items are predictable and should have been in the original budget.

They said the stadium would cost $2.4 billion but we got a bargain at $1.8 billion. Looks like we are almost at $2.4 billion, Vegas style.  Have you every been quoted a price for a hotel room in Vegas only to find out that was not the price you would pay at check out? #ThisIsVegas