Eileen Falkenberg-Hull

By Eileen Falkenberg-Hull

Senior Editor, Autos, Travel and Lifestyle

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The NBA's next team could have a very nouveau Vegas address. A proposed site could put one of the league's most coveted new franchises closest to the youngest section of the Strip.

On *Newsweek’*s New Destinations event stage, Resorts World Las Vegas President and CFO Carlos Castro made it clear: the future of Las Vegas is the North Strip. That includes the future location of the home of the NBA’s next team.

“We believe strongly that the North Strip is the place for an NBA arena, and we believe we are positioned very well here at Resorts World to have that arena. We have 42 available acres to develop. We already have an integrated resort, and we are ready to go. We’re shovel-ready,” Castro said on stage.

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In recent years, the North Strip has seen an influx of new investment, marking it as the newest stretch on the famous stretch of roadway. The Las Vegas Convention Center completed a $1 billion West Hall expansion in 2021 before setting forth on a $600 million campus renovation in December 2025.

Newsweek New Destinations World Summit Carlos Castro, President and CFO of Resorts World

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Resorts World Las Vegas opened in 2021 followed by The Sphere and Fontainebleau Las Vegas in 2023. The next year the BLVD shopping complex threw open its doors.

The North Strip is also already connected to The Boring Company’s Loop transportation infrastructure.

It is the position of Resorts World that an NBA arena would be an anchor of the neighborhood, pushing the area from a series of individual attractions to a more cohesive corridor.

Submissions for bids for an expansion team to be located in the city were required to be in to the NBA by mid-September. The league is currently reviewing those bids and is expected to make a decision by the end of the year.

Las Vegas is being considered alongside Seattle for an expansion team, NBA commissioner Adam Silver has confirmed. One of the desert city’s largest obstacles is a lack of arena for a new team to play in. That's something Seattle has.

Not only does the NBA have to contend with evaluating potential ownership groups, businesses unaffiliated with those groups have made public plans to build their own arena should the city land a team.

In June, the announcement of a purchase of land for a private jet terminal by Chetak Development was linked to another potential site for a future team. The proposed Las Vegas Diamond Arena would sit that the south end of the Strip, near the Mandalay Bay resort and casino.

VICI Properties and Caesars Entertainment shared plans for an arena joint venture in August. If it comes to fruition, it would be located behind the Paris, Horseshoe, and Planet Hollywood resorts, mid-Strip.

The proposal by Resorts World is a third viable candidate.

Newsweek has reached out to the NBA for comment on this story but did not hear back by deadline.

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