A 50-acre parcel next to AREA15 could become the site of a Las Vegas NBA arena under a proposal from New York real estate firm Fisher Brothers, which has received support from Mayor Shelley Berkley and Mayor Pro Tem Olivia Diaz. The proposal envisions an arena anchoring a larger sports, entertainment and retail district immediately west of Interstate 15. The land adjoins the existing 30-acre AREA15 complex, which opened in 2020 and has drawn more than 17 million visitors, according to the development presentation. Berkley endorsed the site in a July 27 letter, calling it a strong candidate for a project of this scale. Diaz, whose Ward 3 includes the property, voiced support the following day for an arena and sports district. Both officials said the NBA and a future franchise ownership group will ultimately decide where the team plays. Fisher Brothers says the site is ready for development and points to $18 million in completed improvements, including a new water main and sewer line. The company also cites a power agreement reserving 40.5 megavolt-amperes of capacity. The proposal says $140 million in economic incentives has been authorized through the Tourism Improvement District program; it does not establish that the full amount has been awarded to the project. The site is within a designated redevelopment area and federal Opportunity Zone, according to the presentation. Fisher Brothers also highlights access to Rancho Drive, Sahara Avenue, Desert Inn Road and Spring Mountain Road, and estimates the property is about a seven-minute drive from roughly 150,000 Strip hotel rooms and within 20 minutes of 2.4 million residents. The company says it is open to partnering with prospective team owners. Its proposal comes as Las Vegas pursues an NBA franchise, but the pitch alone does not secure a team or determine whether the arena will be built.