News for the Hospitality Executive
|LAS VEGAS--May 08, 2007 --The Las Vegas Convention Center
embarks on a new future when, for the first time in its nearly 50-year
history, the building will receive a full-facility makeover.
The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors on Tuesday, May 8, approved the schematic design, timeline and budget for the proposed Enhancement Program for the Las Vegas Convention Center.
“We are pleased to be moving forward and enhancing our world-class facility, which is befitting of our destination,” said Rossi Ralenkotter, president and CEO, LVCVA. “The overriding goal of the program is to enhance the customer experience for everyone using this facility. This design improves the functionality, usability and lifespan of our building for decades to come.”
The Enhancement Program’s budget is $890 million, and the majority of
the work on the program is set to be complete by the end of 2010. Some
meeting room renovation is scheduled for 2011 to accommodate trade show
As part of the Enhancement Program, the Las Vegas Convention Center will be adding a Las Vegas Metropolitan Police Substation and a Clark County Fire Station, becoming the only facility in the country with these on-site amenities. Both units will feature state-of-the-art equipment and personnel focused on homeland security to provide services to the convention center, surrounding neighborhood and parts of the Strip corridor.
The LVCVA will finance $822 million in debt securities and provide the remaining $68 million from capital funds.
The Las Vegas Convention Center opened in 1959 with the World Congress of Flight and has hosted some of the largest trade shows in the world since. In 2006, the building housed more than 90 trade shows and is one of the busiest facilities in the country.
Other projects approved in the Enhancement Program include:
ABOUT THE LVCVA
The Las Vegas Convention and Visitors Authority (LVCVA) is charged with marketing Southern Nevada as a tourism and convention destination worldwide, and also with operating the Las Vegas Convention Center and Cashman Center. With approximately 133,000 hotel rooms in Las Vegas alone and 9.5 million square feet of meeting and exhibit space citywide, the LVCVA's mission centers on attracting ever-increasing numbers of leisure and business visitors to the area.
Las Vegas Convention and Visitors Authority
|Also See:||The Las Vegas Convention Center Planning $737 million in Improvements, Expansion; Opened in 1959, Nine Separate Expansions Have Increased Size to 3.2 million square feet / February 2006|
|Las Vegas Convention Center Demonstrates Resilience & Growth / Jan 2002|
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