Report: The Boring Company expands Vegas Loop with acquisition of additional land

The site is expected to play a role in the expansion of the Vegas Loop, a series of tunnels that would allow commuters to travel to and from key locations around Sin City. As noted in a report from the firm affiliated with The Boring Company, Object Dash, they recently purchased a 1.8-acre piece of land situated across from the Thomas & Mack Center on the UNLV campus. The acquisition cost for this land was $7.2 million according to Clark County records. Currently, the Boring Company has a functioning Loop system at the Las Vegas Convention Center (LVCC). The LVCC Loop consists of 1.7 miles of tunnels connecting the LVCC West Hall with the main campus. Despite criticism from skeptics, the LVCC Loop has been in service since April 2021. It should be noted that the capacity of this Loop is lower than a subway system. However, the Boring Company was able to complete the LVCC Loop, which includes two one-way tunnels, two surface-level stations, and one subsurface station, for only $47 million. This cost is significantly lower than the projected cost of an above-ground transit system that was also considered for the LVCC. Ultimately, Las Vegas chose to proceed with the Boring Company’s Loop proposal for the LVCC, which was estimated to cost $52.5 million to build. Currently, work is underway to expand the Vegas Loop system, which is expected to include 68 miles of tunnels and 93 stations throughout Las Vegas. This expanded system will provide commuters with access to key locations such as the Strip casinos, Allegiant Stadium, downtown Las Vegas, and Harry Reid International Airport. Please feel free to contact us at *[email protected]* if you have any news tips or information to share.

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