Construction boom coming to Las Vegas Boulevard

New jobs and money for local economy

LAS VEGAS (KTNV) - Over the next three to five years, the Las Vegas Convention and Visitors Authority is anticipating 15,000 new rooms on Las Vegas Boulevard. The Drew, Resorts World, and the MSG Sphere are already in the works. Before more tourists make their way here, Clark County is already preparing.

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"In the very short term, we've got a couple things we've done. One, we implemented an increase in the sales tax for law enforcement which covers also The Strip. The money that's generated on The Strip will be spent on The Strip to add more law enforcement officers on The Strip," Clark County Commission Chair Steve Sisolak said. 

Bollards and new cameras are also being installed to ensure everyone is safe, no matter where they are.

"There's not many areas on Las Vegas Boulevard where you're not under some type of camera right now," Sisolak said. 

It's not just new hotels to keep up with. The attractions that are bringing people to Las Vegas go way beyond that.

"We have the e-sports arena that just opened up at Luxor, there's the Level Up Lounge at MGM that opened up last year. There's the Kind Heaven virtual reality experience that Caesars is opening up behind the LINQ property. There's ongoing investment in existing product," LVCVA research center executive director Kevin Bagger said.

According to Applied Analysis, for every room created on the Las Vegas Strip, about 1.1 jobs are created for hotel/casino workers per room, which calculates into about 16,500 jobs. Add another 28,500 jobs for each of the 1.9 jobs created for the hospitality and restaurant side of the resort. 

"Hopefully we're going to have something even more exciting in the next month or so. We're looking forward to a Stanley Cup parade on Las Vegas Boulevard if our Golden Knights keep going forward which would be really exciting for the city and bring a lot of people in to participate in the parade up and down Las Vegas Boulevard," Sisolak said.

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