The University of Nevada Las Vegas (UNLV) may be on the cusp of selling 1.3 acres of land to The Boring Company which would allow them to build a new stop for the Vegas Loop. The university is seeking approval to sell the 1.3 acres from the Nevada System of Higher Education Board of Regents.
If the Regents approve the sale, it will allow the Boring Company to build a new station for the Vegas Loop. According to a report by the Las Vegas Sun, the station would serve as the main connector to Allegiant Stadium and the Las Vegas Convention Center if approved.
Currently, the 1.3-acre plot of land is used as a parking lot for UNLV’s stadium, the Thomas and Mack Centre. Per briefing documents, the university would sell the plot of land to the Boring Company for the appraised value plus an additional measure of compensation for the cost of replacing the parking.
The university sees the Vegas Loop as an additional transportation option and could provide a better connection between the campus and the city.
According to the documents, the plan could include additional stops, including the UNLV medical campus.
The Boring Company did not provide a comment on the potential UNLV stop or future plans with the university.