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March 17, 2015

Americas: What Razing the Riveria Means to Vegas Conventions

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The Las Vegas Global Business District took a step forward with the vote by the Las Vegas Convention and Visitors Authority Board of Directors in February to approve spending $182.5 million to buy the Riviera Hotel & Casino’s 26-acre site on the Strip.

The 60-year-old hotel will be torn down within six months to make way for a 1.8-million-square-foot expansion of the Las Vegas Convention Center, phase one of the planned Global Business District. Phase two, which focuses on renovating the existing convention center, will also add a 100,000-square-foot general session space and 100,000 square feet of meeting space to the facility.

The $2.3 billion project is the largest economic development initiative for LVCVA since the Las Vegas Convention Center was built in the late 1950s. The expansion project is expected to lead to an additional 480,000 annual attendees for the city, attracting an estimated 20 new trade shows and conventions and giving existing clients new space to grow into.

Read more at MeetingsNet.com...

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