![]() The tribe’s acreage is located at 95 East Ali Baba Lane, just east of the MGM Festival Grounds, the location of the Oct. “For the tribe, the purchase was meant to diversify our portfolio and acquire a piece of property at a low price that we know will increase in value,” Fox said. The tribe, known as the Three Affiliated Tribes of North Dakota, bought the land through a bankruptcy court auction last July. “We’ve looked at all the different angles and options,” Mark Fox, chairman of the Mandan, Hidatsa and Arikara Nation, said Tuesday. The land, which is zoned for gaming and other uses, was part of the $100 million SkyVue observation wheel and entertainment project that stalled in 2013 and eventually went bankrupt. ![]() Recent activity centered on Las Vegas’ recovery from pandemic-related shutdowns and restrictions have brought renewed attention to the site, which is located roughly a mile east of Allegiant Stadium and in the shadow of Mandalay Bay. A North Dakota Indian tribe spent $12 million a year ago to acquire 8.7 acres at the southern end of the Las Vegas Strip.
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