Development Timeline
18 Months to
Grand Opening
From acquisition to first fight card. Adaptive reuse accelerates the timeline — existing shell, standing roof, utility connections.
From acquisition to first fight card. Adaptive reuse accelerates the timeline — existing shell, standing roof, utility connections.
Adaptive reuse of the Fry's building eliminates foundation, structural steel, and envelope construction — saving 6–8 months vs. ground-up. Existing Clark County utility easements further accelerate permitting.
• Building purchase agreement and close
• Environmental Phase I & II assessments
• Structural & mechanical inspections
• Entity formation (5 LLCs)
• NAC promoter license application
• Architect & GC selection (RFP)
• Insurance & bonding
• Golden Gloves franchise agreement
• Architectural design (Steelman / KJW)
• MEP engineering package
• Structural engineering for 4-level bowl
• AV system design (L-Acoustics spec)
• Clark County building permits
• Fire marshal review & egress planning
• Interior design & FF&E procurement
• Ring platform hydraulics engineering
• Interior demolition of retail finishes
• Structural steel for 4-level concentric bowl
• MEP rough-in (HVAC, electrical, plumbing)
• Ring platform fabrication & install
• Specialty flooring (ring, gym, arena)
• AV / LED / Halo Screen install
• Restaurant & bar build-out
• Gym equipment installation
• Hall of Fame museum build
• FF&E delivery & installation
• AV commissioning & sound calibration
• Fire marshal final inspection
• Staff hiring (120 FTE core team)
• Event staff recruitment pool (80+)
• LVSH Studios broadcast testing
• Marketing launch & ticket presales
• VIP Skybox lease sales
• Gym soft opening (Month 15)
Marquee inaugural fight card — a headline event that puts The Arena on the map from night one. Media preview week. VIP investor showcase. Celebrity walkthrough. Full restaurant and gym operations from day one. Revenue generation begins immediately.
Existing steel frame, concrete slab, standing roof, and utility connections eliminate 6–8 months of ground-up construction. No foundation work. No envelope. No site grading.
$9.2M contingency built into the construction budget. Accounts for unforeseen conditions in the existing building — outdated systems, code upgrades, material delays.
Gym and restaurant can soft-open at Month 15 — generating revenue 3 months before the arena opens. This offsets pre-opening costs and builds community buzz.
PENTA and Martin-Harris are Las Vegas specialists with deep Clark County relationships. They know the permitting process, the labor pool, and the supply chain.
While construction runs, the entertainment team books the first 6 months of programming. Marketing builds pre-sale lists. The gym sells charter memberships. Revenue starts before doors open.
$3.5M working capital reserve funds the first 90 days of operations — payroll, F&B inventory, marketing spend — before ticket revenue stabilizes the cash cycle.
$89.6M investment. $50M+ annual EBITDA. 18 months to opening. The next great Las Vegas venue starts here.