Las Vegas Arena is a $350 million, 20,000 seat indoor arena under construction on the Las Vegas Strip in Paradise, Nevada. The arena will be owned and operated by the Las Vegas Arena Company, a joint venture between MGM Resorts International and AEG Live.The arena will be accessed by a new development project known as "The Park", with retail and dining space between New York-New York and the Monte Carlo casino hotels. The arena is expected to be completed by early 2016.