Phased Renovation Planned for the Las Vegas Convention Center

convention240

Las Vegas Convention and Visitors Authority (LVCVA) board members have been informed that the $890-million renovation of the Las Vegas Convention Center will be split into three phases, which could push the completion date beyond 2011. Breaking up the project will save millions in debt service costs. The LVCVA plans to finance $822 million of the project and pay the remaining $68 million in cash. By doing the work in phases, officials calculate they can trim debt service costs by $5 million in fiscal 2009, $13.5 million in 2010 and $28 million in 2011.

Suggested Articles

Philadelphia is a terrific place to celebrate the country's birthday. Here's an insider guide to getting the most out of a family getaway over the…

So far in 2019 the country has seen a total of 1.9 million visitors, compared to 1.75 million during the same period in 2018. Here’s a look at the latest…

At $2.6 billion, Encore Boston Harbor is one of the most expensive resort developments in the country this year. Read more.