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Las Vegas Monorail obtains financing needed for new station near MSG Sphere

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Posted at 2:01 PM, Oct 10, 2019

The Las Vegas Monorail has announced that it has secured the long-term financing needed to help fund construction of a new station at Sands Avenue and to replace a short-term loan facility.

The new station will provide a direct connection to the Sands Expo Center, The Venetian and The Palazzo Resorts, and to the MSG Sphere, the 18,000-seat entertainment venue currently under construction.

The transaction is part of the company’s expansion program, which will also include a later expansion to the Mandalay Bay Resort with proximity to Allegiant Stadium.

The Sands Avenue station is projected to be completed and open in conjunction with the Sphere project opening.