$860mn Las Vegas Convention Center expansion plan unveiled
The Board of Directors of the Las Vegas Convention and Visitors Authority (LVCVA) has unveiled the redesign plans, valued at $860mn, for the expansion of the Las Vegas Convention Center.
The investment will see 1.4mn square feet of space added to the convention center that will include more than 600,000 square feet of new and leasable exhibit space.
“This is one of the most important days in the history of the LVCVA,” said Rossi Ralenkotter, LVCVA Chief Executive Officer. “These drawings show a modern, innovative design that is as iconic as our vibrant city.”
The center will be used to drive further tourism to Las Vegas – an industry that the region relies heavily upon. According to the LVCVA, South Nevada’s economy benefits by $60bn annually from the tourism industry, supporting more than 407,000 jobs.
“Southern Nevada’s economy is driven by tourism and this expansion will propel our convention center forward to enable us to maintain our status as the number one trade show destination in North America,” Ralenkotter continued.
The phase two expansion process of the center is expected to complete in time for the International Consumer Electronics Show (CES), with phase three of the project set to complete two years later.
“Our biggest goal was to give Las Vegas a convention center that will be iconic, with a design that nods to all of the very unique architecture in the city’s history, while also providing contemporary, cohesive design aesthetic across the entire property,” said Rob Svedberg of tvsdesign - a company that was selected alongside Design Las Vegas to provide the design services for the project.
Combined, phase two and phase three of the project are expected to support 14,000 construction jobs and 7,800 permanent jobs upon completion.
Skanska secures $84m Portland Airport upgrade contract
Skanska's share of the contract amendment is worth US$84M, which will be included in the US order bookings for the second quarter.
The amendment includes work on the Terminal Core Expansion project, comprising structural, mechanical and electrical work and enclosure. Construction is underway and scheduled for completion by 2025.
With annual travelers expected to climb to 33 million by 2045, the Terminal Core Redevelopment project is a vital expansion that ensures PDX will be able to serve the community well into the future.
Hoffman will install a new 9-acre large-span roofing system over the entire terminal core complex, build a 150-foot multi-floor addition between Concourses C and D, and add new pre- and post-security concessions.
The renovated passenger entry terminal will double the size of the current ticketing and lobby area when it opens in 2025. It is also replacing 16 old passenger boarding bridges plus equipment throughout the PDX concourses. Gate count is critical for PDX operation, so the team must coordinate with each airline to replace one bridge at a time. In addition, Hoffman is rebuilding and enlarging Concourse B. The project is targeting LEED Gold.
Skanska USA recorded sales of SEK66 billion in 2020 and has about 7,600 employees in its operations.
In other recent developments:
- Skanska has sold an elderly care home in Sollentuna outside Stockholm, for about SEK280M, to Altura and lease agreements have previously been signed with Nytida and Vardaga.
- The group has also divested a residential project consisting of rental apartments, senior apartments and a home for people with special needs in Malmö, to Bantorget Hyresbostäder for SEK300M.
- Skanska has joined the climate initiative Leadership Group for Industry Transition (LeadIT) that gathers countries and leading companies committed to action to achieve the Paris Agreement.
- Skanska has, through Cementation Skanska, signed a contract with the Skanska Costain STRABAG joint venture for major piling works for the London Tunnels section on the HS2 high speed railway.