The Las Vegas Convention and Visitors Authority (LVCVA) and local leaders have celebrated the historic ceremonial groundbreaking for the Las Vegas Convention Center District (LVCCD) Phase Two US$860m Expansion project, slated for completion in time to welcome CES in 2021.
“This is an incredibly exciting milestone for the entire destination, as this expansion will allow us to not only retain our status as the No. 1 convention city, but ensure our economic future by continuing to provide the unparalleled experience our guests and clients have come to expect,” said Rossi Ralenkotter, LVCVA president and CEO.
A city consistently expanding – in 2016, Las Vegas hosted nearly 22,000 meetings, conventions and trade shows.
“The LVCCD project is one of the most thoroughly vetted in Nevada history, which is fitting as we prepare to move forward with a world-class expansion to our facility. Las Vegas thrives on evolution and reinvention, and the LVCCD project will give us a convention center tantamount to one of the world’s most iconic and vibrant cities,” Ralenkotter added.
LVCVA will be able to pursue new business opportunities while also growing the shows currently taking place in the destination. The LVCCD’s Phase Two expansion project that will add 130,000sqm to the current convention centre facility.
“This expansion will bring tremendous opportunities to create jobs and support local families, while also welcoming even more visitors to our destination and ensuring our economy will continue to flourish,” said Lawrence Weekly, chairman of the LVCVA and Clark County Commissioner. The LVCC District Expansion (Phase Two) and Renovation (Phase Three) are expected to support nearly 14,000 construction jobs and nearly 7,800 full-time permanent jobs upon completion – figures that quantify Weekly’s comment and also shed light on the broader – “Big Picture” – economic impact this expansion will cultivate.
The tourism industry continues to be crucial to Southern Nevada’s economy. The LVCC attendees generated $2.7bn in economic impact throughout the local economy – giving further gravitas to the tourism industry’s instrumental role in burgeoning the economy.