Elon Musk’s Boring Company has found a new project after excavating the first two under the city convention centers.
So basically, Clark County Commissioner Tick Segerblom tweeted a map last week showing the proposal of tunnels that would probably run west from the LVCC (Las Vegas Convention Center) to the Wynn and the Encore casinos that are currently owned by Wynn Resorts. Wynn Resorts even announced its collaboration with the Boring Company earlier this week.
A new complex is also being constructed at the northwest of the Wynn and the Encore by a Malaysian resort conglomerate Genting called Resorts World Las Vegas, which says it has submitted an application for a similar connector to the LVCC.
People can be transported using these tunnels in Tesla vehicles, just like the LVCC project. This way a walk for a mile would turn into a two-minute ride in all directions.
Both partners plan on digging a 0.6-mile tunnel that would essentially run from the Encore to the Silver Lot #2 parking lot at the LVCC without in-between stops. According to the proposal, the boarding area would remove approximately 25 parking spaces. The bus lane would be right outside the hotel casino and both areas will be above the surface.
The companies are also proposing a 0.4-mile tunnel from the new hotel casino to one of the parking lots that is currently under construction for the LVCC expansion, without any steps in between. Again, both the platforms will be above the ground.
Source: Inceptive Mind
Both projects are distinct because Convention Center Loop rides won’t be for free. Steve Hill, who is the president and CEO of the Las Vegas Convention and Visitor Authority has revealed that $3 to $5 would be charged on every trip. This is actually cheaper than the price of the ticket for the Las Vegas Monorail that connects the LVCC to different hotels and casinos lining the Las Vegas strip.
Although the $52.5 million Convention Center Loop was paid for, the new tunnels currently under construction would be financed by companies. The terms of their agreements are still being negotiated as reported by both Wyann Resorts and Resorts World.
Steve Hill has also said that the Convention and Visitors Authority plan on expanding the Boring Company’s tunnels to the other parts of the city and these proposals are simply a step in the right direction. However, this settlement can upset the taxi authority and the Las Vegas Monorail company as they are the first in line competitors of The Boring Company’s projects. The Convention Center Loop will hopefully be launched in January 2021 which lapses with the next Consumer Electronics Show!