Dive brief:
- A variety of entertainment mega-projects will wrap up this fall in Las Vegas, ahead of the highly anticipated Formula 1 Las Vegas Grand Prix race through the city in November.
- Costing about $560 million, the event features a 3.8-mile track that will pass casinos and hotels as drivers reach speeds of up to 212 mph. according to the event’s website. A four-level, 300,000-square-foot paddock building under construction a few islands east of the Strip will serve as the main axis of the race activities.
- “This is one of the most aggressive construction and design programs I’ve seen, certainly in Las Vegas, as well as sports,” Terry Miller, Las Vegas Grand Prix Project Manager, he told the Hollywood Reporter.
Diving knowledge:
In total, the Sin City area will see the completion of more than $8 billion in projects this year, adding nearly 4,700 hotel rooms and 572,000 square feet of convention space to the Strip and downtown , according to the Las Vegas Convention and Visitors Authority. latest construction bulletin.
One block from the Strip, next to the Venetian Resort, the $2.3 billion MSG Sphere will open to concertgoers on September 29 with the start of the Irish rock group U2’s residency. The world’s largest spherical structure is 516 feet wide and 366 feet high, seats 17,600 spectators and has room for an additional 20,000 people.
Its exosphere, the structure’s main attraction, features a 580,000-square-foot fully programmable LED exterior that has been lighting up the city since July.
It was a preview of its interior and what organizers claim is “the biggest screen on the planet”. published on social networks last week.
Hospitality projects will continue online this year even after the race is over. In November, the $780 million Durango Casino & Resort will open in the southwest Las Vegas Valley, and the Fontainebleau Las Vegas hotel will open on December 13, following a $3.9 billion redevelopment. dollars that took almost 20 years to achieve. according to the Las Vegas Review-Journal.
The Miami-themed property located at the north end of the Strip will feature 3,644 guest rooms, 36 restaurants, 150,000 square feet of gaming space and 6 acres of pool areas.
