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Las Vegas Prepping for Big 2024 CRE Projects
Las Vegas had a record-breaking year for grand openings of major attractions in 2023. The Las Vegas Review Journal reports 2024 will not be quite so robust, but will still bring on a slew of new entertainment options. The city’s 2024 projects will add more than $807 million in infrastructure with 393 new hotel rooms and an undetermined amount of convention space. Among the new attractions:
— The first phase of a $600 million renovation of the Las Vegas Convention Center.
— Blake Shelton’s $30 million Ole Red Las Vegas, a four-story, 27,000-square-foot, 686-seat music club at Horseshoe Las Vegas, opening this month.
— A $350 million renovation of the Ipanema Tower with the addition of a new food court opening in the first quarter at the Rio. (see photo)
— Two Vegas Loop stations connecting the Boring Co.’s underground transit system to the Las Vegas Convention Center.
— Otonomous Las Vegas, an $85 million, 303-room hotel property, opening at Russell Road and Decatur Boulevard in the fourth quarter of 2024.
- ◦Development
