20,000-seat Vegas venue to be built by AEG and MGM

MGM Resorts International and AEG have teamed up to build 20,000-capacity indoor venue on the Las Vegas strip.

Billboard reports that the privately-financed arena is valued at $350 million and that work on it will begin next summer, with completion estimated by spring 2016.

A statement said that the design brief includes plans for premium seating and hospitality areas for entertainment and sports events and that the designers are Populous - the company that designed The O2 Arena in London ...

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