LVCC expansion marks milestone
How’s it coming along? Quite nicely, thank you. Or put another, more statistically precise way: More than halfway done.
That’s the milestone celebrated on Oct. 24, when the Las Vegas Convention and Visitors Authority (LVCVA, which produces Las Vegas Newswire) marked the completion of 53 percent of the construction on its 1.4-million-square foot expansion of the Las Vegas Convention Center (LVCC).
The entire expansion project and renovation of the LVCC is expected to support nearly 14,000 construction jobs and 7,800 permanent full-time jobs upon completion. All of that will add more than $800 million in potential economic impact annually to the destination. Currently, meetings and conventions generate $10.5 billion in annual economic impact within Southern Nevada, attracting 6.5 million yearly visitors.
The expansion builds on what Las Vegas already is — the No. 1 tradeshow destination for 25 consecutive years, as dubbed by the Trade Show News Network, for hosting 48 of the 250 largest tradeshows in North America in its more than 11.5 million square feet of combined convention space. (Chicago and Orlando trailed Las Vegas, each hosting 21 of the largest shows.) Las Vegas is also home to three of the country’s 10 largest convention venues: the LVCC, plus the Mandalay Bay Convention Center and the Sands Expo.
So yes, it’s more than halfway done. Or put another way: Less than halfway to go.