According to the Las Vegas Review-Journal, Harry Reid International Airport has made a significant investment by purchasing 65 acres just south of the airport for $135 million. The site is located at the southeast corner of Las Vegas Boulevard and Sunset Road and falls within the airport’s runway protection zone. The land was previously owned by Las Vegas-based company Urban Land Investment. The airport has had an influx of passengers arriving and departing this year. The airport is on a trajectory to reach its capacity of between 63 million and 65 million annual passengers around 2030. The airport’s expansion plans are to accommodate the ever-increasing passenger traffic and could be constructed by 2037 at the earliest.
Read more here:
https://www.reviewjournal.com/business/tourism/harry-reid-airport-buys-adjacent-land-for-135m-2931467/