A multibillion-dollar funding package was unveiled this week for an arena and hotel project in Las Vegas Nevada. Active Capital Holdings is finding and co-developing the project along with original developer Jackie Robinson. The All Net Resort & Arena project call for an arena with a retractable roof, two luxury hotels, a convention center, a movie theater and on the long-vacant former Wet ’n’ Wild water park site, between Sahara Las Vegas and the under-construction Fontainebleau Las Vegas. Robinson, aims to resume construction in June or July and that his group has already spent about $40 million on the venture. The $4.6 billion project is being designed by Cunningham and HKS Architects.
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