Las Vegas Council Approves $36.15M Sale of Cashman Center to Lennar

Las Vegas City Council unanimously approved the sale of the Cashman Center to homebuilder Lennar for $36.15 million. This contract marks a major shift for the property, which has served for decades as a venue for public events as well as the home field for the Las Vegas Lights soccer club.

The sale, originally listed in November 2024, will provide a financial boost to the City of Las Vegas, helping to address a $286 million financial obligation tied to the Badlands project.

"Games at Cashman Field will continue, your Las Vegas Lights this is our home for the foreseeable future, for us it's at least two years," said Shawn McIntosh. "Owner Jose Bautista who purchased the team a little over a year ago made his intentions known, he wants to bring the highest level of professional soccer here and part of that is a new stadium and bringing a soccer-specific venue right here to Las Vegas."

Though the sale raises questions about the home stadium for the Lights long term, team leadership says there are no immediate plans to stop playing at Cashman Field. The organization has a goal of making Las Vegas a destination for professional soccer, with owner Jose Bautista eyeing growth in the city that could eventually include a soccer-specific venue. Las Vegas Mayor Shelley Berkley expressed her staunch support of the sale stating the significance of rejuvenating the area and putting the city in the black. The deal represents progress toward the Cashman Complex repurposing, while potentially buying time for the Las Vegas Lights to look at stadium options moving forward.