SDRP > Market Watch > Boring Co. plans to build Vegas Loop station near UNLV Thomas & Mack Center

Boring Co. plans to build Vegas Loop station near UNLV Thomas & Mack Center

The Boring Company Loop is an all-electric, underground public transportation system in which people can travel to their destination with no intermediate stops. As of February 2023 the company has plans for a Vegas Loop station near the UNLV campus, providing more transportation option for students. According to the article, UNLV will receive the fair market value for the cost of the 56,628 square feet (1.3 acres) of space within the parking area of the Thomas & Mack. The plan for the project features Tesla model vehicles that transport riders through 69 stations along Las Vegas Boulevard, including Downtown Las Vegas and Allegiant Stadium. In the future the loop is projected to transport 57,000 people per hour for a fee between $6 and $12.

Click here to read more: https://www.reviewjournal.com/local/traffic/unlv-set-to-sell-land-to-boring-co-for-vegas-loop-station-2733770/