The Boring Company’s Vegas Loop will soon be getting bigger after the acquisition of a 1.8-acre land parcel across from the University of Nevada, Las Vegas (UNLV).
The $7.2 million purchase was made by an affiliate of The Boring Company, Object Dash, according to Clark County Records viewed by the Las Vegas Review Journal. The site will eventually connecting UNLV with the Las Vegas Convention Center to the new ‘University Center Loop’.
This expansion is part of the larger Vegas Loop system which, when completed, will span 68 miles and include 93 stations.
Currently, the Vegas Loop runs under the Las Vegas Convention Center (LVCC) Loop. This 1.7-mile stretch boasts a peak capacity of over 4,500 passengers per hour, dramatically cutting down a 45-minute cross-campus journey to approximately two minutes. The Boring Company also recently opened a new section of the Vegas Loops, extending from the LVCC West Station to Resorts World.
The overarching vision for the Vegas Loop is to create a network that connects key points across Las Vegas, including casinos on the Strip, Allegiant Stadium, downtown Las Vegas, and Harry Reid International Airport. Once the entire system is operational, it is projected to transport over 90,000 passengers per hour.
The University Center Loop, a key component of this system, is planned to run along University Center Drive and under Paradise Road. This expansion will also eventually link to a Tropicana Avenue system, connecting Allegiant Stadium and various South Strip properties.
The Boring Company has already completed tunneling to connect the Encore to the convention center loop and is planning further expansions, including one to the Westgate.