New $3 Billion Vegas Casino Resort in 2023

New $three Billion Vegas Casino Resort in 2023

Yes, the recovery from the pandemic appears properly underway! But one more new Las Vegas casino resort has been planned for the southern Strip region. This time, it’s the Oak View Group at the helm.

Tim Leiweke, Oak View Group CEO, stated “South of the Las Vegas strip represents one particular of the few places of prospective future development of the gaming and entertainment corridor. This unprecedented project is an sector game-changer, and we will usher in the evolution of Las Vegas as the new entertainment AND sports capital of the globe.”

The $3 billion, 25 acre Vegas casino resort will be located near the I-15 and I-215 highway interchange, and will come with an 850,000 square foot arena, a complete casino and hotel with suites, premium hospitality clubs, and an amphitheater. The venues hope to host concerts, sporting events, and loved ones entertainment.

Nevada Governor Steve Sisolak commented, “We are proud Oak View Group has chosen Nevada for its subsequent and biggest project. This newly proposed entertainment district in Las Vegas will support continue the state’s economic momentum and develop thousands of jobs and higher prosperity for Nevadans. I appear forward to seeing the several opportunities this creates in Las Vegas.”

Situated adjacent to the planned Brightline high-speed rail station, it is estimated that more than 13 million autos coming from California will pass the new Vegas casino resort each and every year. The site will boast direct and effortless access to and from I-15 and Las Vegas Boulevard.

Michael Naft, Clark County commissioner, added “The group assembled has the track record and potential to bring another globe-class venue to our planet-class location. They also have the knowledge and history of creating a carbon zero and zero waste facility. I welcome this next evolution for south Las Vegas Boulevard, the jobs this project will generate, and the history that will be made by today’s news.”