A new Las Vegas Strip entertainment venue will be able to utilize parking spaces at the garages of nearby casinos after receiving the necessary approval from the Clark County Zoning Commission.
During a Wednesday meeting, commissioners gave developers of the facility the go-ahead to use parking spaces at The Palazzo and The Venetian as well as at the nearby Sands Expo Center. Both properties are owned and operated by major casino company Las Vegas Sands, which is also a partner in the development of the new entertainment venue.
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Earlier this month, Madison Square Garden Co., the company behind the eponymous New York City multi-purpose venue, announced plans to build two new arenas in Las Vegas and London. The two new venues will be shaped like gigantic spheres and will host events of different nature, including concerts and awards shows, among others.
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As mentioned above, in Las Vegas, Madison Square Garden Co. has partnered with casino giant Las Vegas Sands to develop the spherical arena. Construction of the venue is hoped to begin later in 2018 and to be completed by the end of 2020.
On Wednesday, the local Zoning Commission approved the presented zoning and land use permits for the 63-acre arena that is planned to be built behind The Palazzo and The Venetian and not far from the Sands Expo Center. Commissioners also allowed developers to utilize 12,101 existing parking spaces at the two casino resorts and the convention center as well as 304 spaces planned to be added to the new arena.
Following the Wednesday meeting, developers pointed out that their parking plan would provide enough spaces even in cases when the arena hosts events.
Madison Square Garden Sphere Las Vegas also needs an approval from the Federal Aviation Administration, due to its planned height of 360 feet and its proximity to the Las Vegas McCarran International Airport.
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Renovation in Las Vegas
The spherical events venue is yet another project to have been introduced in recent years and comes as another manifestation that Las Vegas is looking to recover completely from its struggles during the Great Recession.
Casino gambling has long been only one of the factors that attract visitors to Las Vegas. The city has also been known as a popular convention destination as well as a place with booming nightlife and countless entertainment options.
With 18,000 seats and a standing area for 5,000 people, the new Madison Square Garden Sphere Las Vegas will bring a total capacity of 23,000 to the city’s entertainment scene. Development plans also include the addition of an enclosed pedestrian bridge that will link the venue with the nearby Sands casinos and expo center.
Las Vegas Sands’ own existing properties are actually undergoing multi-million renovation at present, just as a number of other on- and off-Strip properties. The city has seen renewed renovation and construction activity over the past several years so that developers make sure that they are providing Las Vegas’ growing number of visitors with better entertainment and accommodation opportunities.