Posted: August 19, 2022, 6:40 AM.
Last updated: August 19, 2022, 7:07 AM.
Are you ready for a Las Vegas Strip twice the size it is now? According to some Las Vegas experts, it’s in the cards.
Sightseers line up at the “Welcome to Fabulous Las Vegas” sign to snap a photo of the iconic landmark. The sign may need to be moved in the next ten years as Sin City’s resort corridor slowly expands south. (Image: Casino.org)
The Strip has measured 4.2 miles in length since the “Welcome to Fabulous Las Vegas” sign was placed at the old airport entrance in 1959. It still stretches from Sahara Avenue on the north to Russell Road in the south, although the hotels along the way are all different. In the next ten years, the iconic sign may need to be moved another 4.2 miles south.
LA-based developers, the Oak View Group, are building a $3 billion, 20,000-seat NBA-ready arena and entertainment district and a 2,000-room casino hotel in the former sticks on Blue Diamond Road. It is scheduled to begin construction in 2023 and open in 2026. It will occupy 25 acres at the intersection of I-15 and I-215, adjacent to the Las Vegas terminal for the planned Brightline high-speed train between LA and Las Vegas.
With the possibility of another sports stadium on Sahara Avenue, that could lead to an 8-mile stretch covered by sports stadiums at both ends. (Oakland A’s executives have negotiated with Circus Circus owner Phil Ruffin to build their next home on the 37-acre Las Vegas Festival Grounds. That’s far from certain, though, as they’re also negotiating a $1 billion stadium in a $12 billion mixed-use development on the Oakland waterfront.)
Whatever happens on the already developed north end, the Strip officially began its southward migration on September 13, 2021, the day the Raiders played their first game with fans in attendance at Allegiant Stadium. On that day, the team’s $1.9 billion, 65,000-seat new home behind Mandalay Bay immediately transformed the southern tip of the Strip into its brand-new sports center.
So it hardly seems coincidental that in July 2022, ground broke on the $550 million Dream Las Vegas Hotel & Casino south of Russell Road. (The 531-room resort is expected to open in 2024.) Or that Station Casinos paid $172.4 million in the same month for 126 acres of land to build a new casino resort on the southwest corner of Las Vegas Boulevard and Cactus Avenue. .
“South of the Las Vegas Strip represents one of the few areas of potential future growth for the gaming and entertainment corridor,” said Tim Leiweke, CEO of the Oak View Group, in a press release.
Alan Feldman, former director of MGM Resorts International, recently told the Las Vegas Review-Journal that it’s possible the Strip could eventually triple in size, extending all the way south to the M Resort on Las Vegas Boulevard South. and St Rose Parkway. further development may be constrained by forces other than the market.
“At some point, water will be a limiting factor,” Feldman told the paper. “It’s almost already.”
This post Las Vegas Strip Could Double in Size, Experts Say
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