LVCVA opens talks to build underground transport engine



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At this point, you can not miss the cranes and the construction of Convention Center Drive.

The expansion of our convention center, which totals $ 950 million, is in full swing.

At the meeting of the Board of Directors of the Las Vegas Convention and the Visitors Authority, we learned on Tuesday that the work was within budget and that it was about to open at the opening of the CES in January 2021.

But once finished, LVCVA will have a challenge: its convention campus will become really big.

"The campus is more than a mile and a half up and down," says Steve Hill, CEO of LVCVA. "A lot of people do not want to do that, some people can not. We want all our visitors to have a great experience when they are here. "

This was the headline of Tuesday's meeting: the LVCVA board decided by 8 votes to 3 to open negotiations with a company founded by Elon Musk Tesla for the construction of an underground vehicle.

"It's not so much that it's a new technology; it's just a very innovative way of using a technology that already exists in a different way, "Hill said.

He will now lead the contract negotiations with The Boring Company – founded by Musk – for the construction of this underground solution.

"We can do it faster and much cheaper. And we are willing to invest our money where we need it by entering into all performance and pricing contracts, "said Steve Davis, President of Boring Company.

In other words, the Davis company will not be paid unless it offers a system capable of carrying up to 11,000 passengers per hour.

The cost is estimated to be between $ 35 and $ 55 million, depending on the route, number and size of stations.

Boring was chosen at the end of a selection process launched in December 2018 and which resulted in six applications.

Two of them became serious suitors, the board of directors having chosen Boring Tuesday to go ahead with a construction contract.

Negotiations will continue for several months for a final contract to be presented to the council in June.

Today, some council members wanted the vote postponed, fearing that they had not been adequately informed.

Las Vegas Mayor Carolyn Goodman was worried. The Boring Company has not yet proven itself.

"Certainly, Denver Airport, I have been on this model of transportation, great. And for me, I love proven track record, that's what we buy, "said Goodman.

The company has an operational test track in California.

Steve Hill has seen and said that the company's expertise is impressive.

"Steve Davis was in charge of the Dragon program at Space X. It's a team that has exceptional skills and experience," said Hill, referring to Musk's space program.

When it was unveiled last week, there is no doubt that this will happen one day throughout the city.

This is the future.

The present is negotiations to develop a contract for review in June so that it is completed in 2021.

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