There’s never a dull moment in Las Vegas and this summer has been no exception. Just a few short weeks ago, the Las Vegas Convention and Visitors Authority (LVCVA) reached a historic milestone as the organization’s Board of Directors gave final approval for the expansion and renovation of the Las Vegas Convention Center- a project coined as the Las Vegas Convention Center District (LVCCD).
Undoubtedly, tourism is the lifeblood of Southern Nevada’s economy and this decision secures Las Vegas’ position as the world’s premier business destination. Last year, Las Vegas welcomed a record-breaking 42.9 million visitors and of those, an all-time-high of 6.3 million people traveled to the destination for business purposes. Historically, Las Vegas has always been a popular travel destination on weekends and convention traffic helps the destination keep its nearly 150,000 hotel rooms teeming with traffic throughout the week.
The LVCCD is a thoroughly vetted project that has gained the support of community leaders and lawmakers throughout the state of Nevada. These decision makers have made incredible strides in identifying business travel as a conduit for fueling the economy and improving the quality of life for those who call the Silver State home.
The LVCVA is eager to get to work on the expansion and renovation of the Las Vegas Convention Center to help move the destination forward. The LVCCD project is expected to support nearly 14,000 construction jobs and nearly 7,800 full-time permanent jobs upon completion. The project will generate an additional $1.4 billion into the economy during construction and have an annual incremental economic impact of $810 million while attracting one million additional visitors each year.
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 LVCVA 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.
Many people are surprised to learn Las Vegas is home to nearly 22,000 meetings and conventions each year. This month alone, the destination will host large-scale events including RollerCon 2017, Cosmoprof North America 2017, Las Vegas Market and the ASD Show. As Chairman of the Las Vegas Host Committee, I often have the pleasure of welcoming these groups and thanking them for choosing Las Vegas as their destination of choice. It’s amazing to see how a heartfelt ‘thank you’ makes such a big difference in these visitor’s overall experience in Las Vegas.
If you’d like to stay up-to-date on all of the latest happenings in Las Vegas, including the thousands of events that attract people to the destination, please become a Las Vegas Host Committee Ambassador. It costs nothing to join, other than your commitment to better the community. Anyone from the community can become an ambassador by registering on our website www.lvcva.com/host or emailing our office at firstname.lastname@example.org. Once you sign up, we will provide details of special events other important tourism-related initiatives.
Thank you for your support and for taking time to learn more about the most fabulous city on Earth- Las Vegas! +