- A new football stadium with an NFL team
- The Circa resort and casino
- An expanded convention center
- Renovations at Sahara Las Vegas
- Renovations at the Hard Rock
- A new Hampton Inn and Suites/ Home2 Suites
- South Point renovation
- A Google data center
- Renovations at Harrah’s
- Showcase Mall
- New tower at the Downtown Grand
- AC Hotel by Mariott
- Skyline Hotel and Casino expansion
- Wynn Convention Center
- Union Village
There’s a lot going on in Las Vegas, but construction is easily the biggest. All of these projects are expected to go online by December 31, 2020.
There will be thousands more hotel rooms, hundreds of thousands of square feet of convention space, restaurants, retail, and an NFL football team leaving Oakland and arriving in Las Vegas.
The Wynn Convention Center alone will be over 400,000 square feet with room for outdoor events, an 83,000 square foot ballroom, and more. There’s even a 72-foot video wall planned.
Each of these renovations costs millions. The approximate total of all the growth that will go online in 2020 is well over $3.3 billion. And that doesn’t account any of the dozens and dozens of projects that will go live after that.
Hotel occupancy is consistently around 90% and the Las Vegas Convention Center is booked years in advance.
The biggest question for observers is if all this growth will pay for itself. The current expectation, from the business owners and local economists, is yes, this should all contribute to the long-term health of the Las Vegas economy.