Las Vegas Monorail seeks permits for Mandalay Bay extension

The Las Vegas Monorail Co. has applied for 15 building permits for its planned MGM Grand extension south to Mandalay Bay.

The private nonprofit organization submitted the applications to Clark County on Thursday, asking to install approximately 70 reinforced concrete piers that will support 1 mile of track passing over public and private land. A permit has also been filed to build an eighth monorail station, located at the Shoppes at Mandalay Place.

The project is valued at $23.6 million, according to permits. The county will need to approve permits before any construction can begin.

The Monorail Co. predicted the new stop will increase ridership by connecting the 3.9-mile route to the Mandalay Bay Convention Center and bringing riders within walking distance of the stadium being built for the Raiders.

County commissioners approved the monorail extension project in November.

The Monorail Co. sought to borrow $110 million in bonds to pay for the extension and $10 million in outstanding debt that matures in July 2019.

It is unclear whether the company received the funding. Monorail Co. spokeswoman Ingrid Reisman declined to comment on Monday.

Contact Michael Scott Davidson at [email protected] or 702-477-3861. Follow @davidsonlvrj on Twitter.

Comments are closed.