Las Vegas: More than $16.2 billion in tourism development projects on the books through 2022 Howard Stutz, CDC Gaming Reports · December 7, 2018 at 3:25 pm Las Vegas has more than $16.2 billion in tourism-related construction projects scheduled to be completed over the next five years, according to a document released by the Las Vegas Convention and Visitors Authority. Several of the projects are currently under construction, including the $1.8 billion stadium that will be home to the relocated NFL’s Las Vegas (currently Oakland) Raiders in 2020 and the Resorts World Las Vegas hotel-casino development, which is listed with a 2021 opening. The first phase of Resorts World is expected to cost $4 billion with the total project budgeted at $7 billion. Many of the projects are simply noted as TBD, listing a location but with minimal information, including N/A for the cost. If all the hotel projects come to fruition, the LVCVA said 15,377 new rooms would be added to the mix, giving the market 164,219 hotel rooms and suites after 2022. The projects would also add more than 3.65 million square feet of convention and meeting space, including 750,000 square feet of space from the $860 million Las Vegas Convention Center expansion that is being built on the site of the former Riviera and will open in 2020. Also listed is the $375 million Caesars Forum Conference Center, which add 550,000 square feet to the market’s convention space in 2020. The list includes expansions and renovations to current hotel-casinos, such as the $690 million redevelopment of the Palms Las Vegas and $152 million in room renovations at the Cosmopolitan of Las Vegas. In a statement that accompanied the report, the LVCVA said the list was intended to be a quick reference for the various construction projects that intended to grow tourism. “The document summarizes topline information on announced projects as well as renovations and planned additions to the hotels, meeting space and attractions of Southern Nevada,” the LVCVA stated. In addition to the 65,000-seat domed stadium under construction on the west side of Interstate 15 across from Mandalay Bay, the Raiders planned $75 million corporate headquarters and practice facility in Henderson was listed as opening in 2020. The $150 million Las Vegas Ballpark – a 10,000-seat stadium in Summerlin that will be home to the city’s triple-A minor league baseball team – is expected to open next spring. The new name for the team – which is affiliated with the Oakland A’s – will be announced Saturday. The 18,500-seat MSG Sphere Arena – a joint venture between Madison Square Garden Company and Las Vegas Sands – is expected to open in 2020. A cost was not listed. The list included several planned entertainment, retail and dining venues, pedestrian overpasses along the Las Vegas Strip to alleviate congestion, and potential non-gaming hotel properties. Howard Stutz is the executive editor of CDC Gaming Reports. He can be reached at firstname.lastname@example.org. Follow @howardstutz on Twitter.