Las Vegas Convention Center getting major makeover
Las Vegas, NV (KTNV) -- The Las Vegas Convention and Visitors Authority unveiled its plans Tuesday for the Las Vegas Global Business District.
It's a renovation of the Las Vegas Convention Center and the surrounding area.
The project will be done in phases and take many years to complete.
"This is a defining moment," said Rossi Ralenkotter, president/CEO of the Las Vegas Convention and Visitors Authority. "If we don't take this action now, we'll be talking about this five years from now (10 years). We'll be behind the curve and we'll be chasing the other cities; we want it the other way around."
One of the key elements in the project is the creation of a centralized transportation hub that will improve connectivity in the resort corridor; it would connect the Las Vegas Convention Center to McCarran International Airport.
"Our economy today is dependent on the tourist industry," says Tom Skanke, head of the newly renamed Las Vegas Global Economic Alliance. "This type of connectivity is [...] critical to the future of our community."
The project's first phase could cost the LVCVA about $150 million; money will come from the room tax collected from visitors, it won't be taxpayer dollars.
The LVCVA estimates Phase I could provide a 2.9 billion dollar direct economic impact. The project's exact timetable remains unclear.
The LVCVA estimates Phase I could provide a 2.9 billion dollar direct economic impact.
The project's exact timetable remains unclear.