The Las Vegas Monorail Co. has secured construction funding to build a new station at Sands Avenue. The funding also replaces a short-term loan facility.
The new station will provide a direct connection to the Sands Expo Center, The Venetian and The Palazzo Resorts, and to the MSG Sphere, the 18,000-seat entertainment venue currently under construction. The transaction is part of the company's expansion program, which will also include a later expansion to the Mandalay Bay Resort with proximity to Allegiant Stadium.
The Sands Avenue station is projected to be completed and open in conjunction with the Sphere project opening. Information about the terms of the funding was not disclosed.
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Kelsi Maree Borland
