LAS VEGAS -- The Las Vegas Wranglers announced today that the organization will not build a new arena to play next season at The Plaza Hotel & Casino in downtown Las Vegas.
In February the Wranglers announced plans to build an area on the fifth floor of the Plaza into a 3,500-seat arena at an estimated cost of $4 million to be paid by the Wranglers.
Last month the Wranglers opted to change their plans to build an ice-rink facility on the ground level at the Plaza on Main Street.
In a statement released by the the Plaza Hotel, the Wranglers organization announced they would not proceed with the arena project due to financial constraints.
"Everyone at the Plaza Hotel was excited about the prospect of being the new home of the Las Vegas Wranglers. We believed it was a great fit for our property, for downtown, and for the fans. Unfortunately, the Wranglers notified us this morning that the construction of the arena was determined by them to be too costly and they have chosen not to proceed with the project at the Plaza," reads the statement. "The Plaza made every effort to accommodate the project and bring the Wranglers downtown, and we are disappointed that the venture is no longer possible. At this time, The Plaza is unaware of what The Wranglers plans are. The Plaza remains committed to the Downtown community and will continue to seek new ventures that will be a benefit to all."