Las Vegas monorail could be operating again by Memorial Day weekend
The Las Vegas monorail could be in operation again just before Memorial Day weekend, the board of directors of the Las Vegas Convention and Visitors Authority announced on Tuesday.
LVCVA President and CEO Steve Hill briefed the board on the acquisition of the 3.9-mile electric elevated transit system and said several things could happen by the time end of May, but he is optimistic about the reopening of the system which has been stationed since mid-March. .
Hill said a convention that usually takes place in January – World of Concrete – has been postponed to early June and the monorail will benefit the thousands of people who expect to attend. Hill also noted that Memorial Day weekend traditionally brings thousands of people to Las Vegas for the traditional kickoff of summer.
“Given the vaccine’s promising path at this point, we believe that somewhere just before Memorial Day weekend, we can open the monorail, get it back up and running in anticipation of some pretty significant attendance and visits to the site.” the destination over Memorial Day weekend and leading up to World of Concrete and subsequent shows from there, âHill told the board.
The board of directors originally planned to officially lift the ban on potentially competing transportation systems in the Las Vegas monorail non-compete zone on Tuesday, but instead chose to remove this from the agenda and l ‘address at a special meeting Thursday afternoon.
Hill said the $ 24.26 million sale of the Monorail system to LVCVA is still expected to close on Wednesday, as is the $ 20.5 million bond financing for the transaction.
Once the non-compete clause is lifted, Elon Musk’s The Boring Co. can obtain permission from Clark County to begin work on its Vegas Loop underground transportation system, a 15-mile tunnel system connecting the stations. seaside resorts of the Strip and downtown Las Vegas with McCarran International Airport and Allegiant Stadium.
Contact Richard N. Velotta at [email protected] or 702-477-3893. Follow @RickVelotta on Twitter.