This one’s a game-changer. And not only because of the facility—it’s what the facility will bring Las Vegas.

The Oakland Raiders of the NFL are relocating to Las Vegas for the 2020 season and will play in the $1.8 billion, 65,000-seat domed Las Vegas Stadium near the Strip off Russell Road and I-15. About 30 cities are home to NFL franchises, meaning Las Vegas is joining an elite fraternity.

“The stadium we’re building I believe is really iconic, and it will stand the test of time,” Raiders owner Mark Davis says. “There will be no expense spared in building it, and we want it to be something that everybody here is proud of.

“It will be a symbol for the world to look at and represent Las Vegas.”

More than 40 annual events are anticipated for the stadium, from college football and basketball games to large-scale concerts and, eventually, the Super Bowl. The venue will also be home to UNLV football—a big-time score for a university eager to bring games closer to campus.

The stadium is mostly funded by a $750 million public contribution from a 0.88-percent lodging tax on hotel rooms in Clark County. Some skeptics say that money should have been allocated to education. Davis believes the benefits of having the Raiders in the community will help ease the tension.

“It’s been a public-private partnership since the beginning,” Davis says. “Once they see all of what the Raiders organization does—we’re bringing a small army down here—I think they’ll see we’re more than just a football team.”

Davis adds that the Raiders and stadium are just one piece of a transformation for Las Vegas, that the city’s moniker as the Entertainment Capital of the World could soon become “the Sports and Entertainment Capital of the World.”

“You always hear that Las Vegas reinvents itself all the time and there’s watershed moments,” Davis says. “With Resorts World, the Convention Center expansion and our stadium, [2020] will be a year of good vision.”

Even with Las Vegas boasting several world-renowned buildings, Davis sees the stadium becoming the crown jewel of the city.

“You can see it with the Knights and the ability of a team to bring everybody together,” Davis says. “As a city, to have pride in something is really important, and the value goes much further than just game day.”