The Las Vegas venue that hosts one of the biggest gaming events – G2E – will be expanded.
US.- The company owner of the Las Vegas Convention Center announced yesterday afternoon that the venue dedicated to events will be further expanded in the following months. Las Vegas Convention Center is located in the capital city of the gaming industry and hosts Global Gaming Expo (G2E), one of the biggest international events for the sector.
According to the statement, the Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors took the final step needed to begin construction on the Las Vegas Convention Center District’s Phase Two expansion by approving the guaranteed maximum price (GMP) agreement. The approval granted yesterday allows the highly anticipated economic development project to break ground.
“This is an incredibly important and exciting time, not just for the LVCVA but for the entire destination. With today’s approval, we’re delighted to join a boom in development that’s on a scale that we haven’t seen in more than a decade,” said Steve Hill, LVCVA chief executive officer. “We’ve been the No. 1 trade show destination in North America for 24 consecutive years, but we must continue to be innovative and upgrade our offerings if we’re going to maintain that top spot. This expansion and renovation is our commitment to our clients and our community to foster growth and continue to deliver the excellent service and amenities that have made Las Vegas the world’s premier destination.”
The LVCCD Phase Two expansion project will add 1.4 million square feet to the current convention centre facility, including at least 600,000 square feet of new, leasable exhibit space. Late last year, the LVCVA’s Board of Directors finalised the selection of tvsdesign / Design Las Vegas to provide design services for the expansion.
“The expansion and renovation of the Las Vegas Convention Center will take our ability to bring business to the destination to a new level by allowing us to welcome more shows, more exhibitors and more delegates,” said Lawrence Weekly, chairman of the Las Vegas Convention and Visitors Authority and Clark County Commissioner. “In addition to ensuring our economic future, this project will give us a cutting-edge facility with a dynamic design fit for one of the world’s most iconic cities.”
Phase Three will be the complete renovation of the existing 3.2 million-square-foot facility, with a projected completion date of 2023. The phased approach ensures 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.