Construction of Allegiant Stadium is set to come in SD 25 million under budget once all work on the 63-acre site is complete. After the Las Vegas Stadium Authority approved the USD 25.1 million reduction, the final construction budget totals $1.944 billion. Add that to $49.2 million in work paid for by third parties and the final overall cost of the stadium will be $1.99 billion.
Originally pegged at $1.8 billion, the projected budget increased to a possible $2.02 billion due to the addition of upgrades including the end zone club space and additional suites paid for by revenue generated by the Raiders and by personal seat license sales.
But after costs on the project were controlled better than expected, reductions were made to the construction budget, including reductions to design and engineering costs, stadium utility and infrastructure and stadium furniture and fixtures.
With the revised stadium price, the Raiders’ and the public’s contribution percentages changed as well.