Las Vegas, NV, USA - On June 13, the Las Vegas Convention and Visitors Authority (LVCVA)’s Board of Directors gave final approval for the expansion and renovation of the Las Vegas Convention and World Trade Center's Las Vegas Convention Center District (LVCCD) in a historic decision that secures Las Vegas’ position as the world’s premier business destination.
“Today marks a monumental occasion for not only the LVCVA but also the entire destination,” said Rossi Ralenkotter, LVCVA President and CEO. “We commend the foresight of our community and state leaders for recognizing the importance of the LVCCD and we are eager to get to work! We will ensure that the LVCVA continues to provide the world-class facility and experience our clients expect when they come to Las Vegas.”
Prior to being presented to the full LVCVA Board, the plan recently met the approval of both the Oversight Panel for Convention Centers in Clark County and the Las Vegas Convention Center District (LVCCD) Committee, a sub-committee of the LVCVA Board of Directors.
Nevada State legislators and Nevada Governor Brian Sandoval approved a bill during a 2016 special legislative session paving the way for development of the Las Vegas Convention Center District. The $1.4 billion project will add 600,000 square feet of new meeting space ensuring Las Vegas remains the No. 1 trade show destination for decades to come.
The LVCCD expansion and renovation will be completed in a phased approach with a projected completion date of 2023. Phase 1 will be the construction of the new 1.4 million-square-foot expansion with 600,000 square feet of exhibit space and the accompanying meeting rooms and support space. This phase is projected to be complete by 2021. The second phase will be the complete renovation of the existing 3.2 million-square-foot facility. The phased approach will ensure that no business will be displaced during the construction and renovation.
The project will allow the Las Vegas Convention and Visitors Authority to pursue new business opportunities while also growing the shows currently taking place in the destination. The LVCVA has identified 70 additional, new events, that could potentially be brought to the destination in the next decade. These 70 shows would grow the economic impact of Southern Nevada’s $12.4 billion meetings and conventions industry by nearly 50 percent.
Parties interested in participating in development of the LVCCD should visit http://www.lvccdistrict.com/.