New developments could extend Las Vegas Strip further north and south

The Las Vegas Strip may one day stretch south to M Resort, according to industry insiders

The Las Vegas Strip may unity twenty-four hours stretchability to the south to M Resort, according to manufacture insiders.

As reported past the Las Vegas Review-Journal, Alan Feldman, a former MGM Resorts executive, believes the Strip could someday offer further south, perchance fifty-fifty to M Resort.

Feldman, a Distinguished Fellow at UNLV’s International Gaming Institute, speculated on the future tense of Las Vegas spell addressing members of NAIOP’s Southern NV chapter.

He cited a unexampled arena and cassino project, currently below evolution by Tim Leiweke’s Oak View Group, which could take the Strip southward.

“If you looking at the caterpillar tread book that Tim Leiweke and his colleagues have, i have got a intuitive feeling that we’re going to escort a somewhat different variant, sort of Resorts World 2, at that voice of the Strip,” Feldman said.

Josh Swissman, meanwhile, Founding Partner of the Strategy Organization, focussed on the Strip’s other end.

Las Vegas has been touted as a possible terminus for the Oakland Athletics’ planned relocation, a prospect which Swissman believes could poke out the Strip north.

He also believes this terminate testament pull in farther developing in one case the Fontainebleau resort hotel opens next year. Swissman commented: “You testament definitely ensure new hotel towers soda upwardly from existing operators.”

Las Vegas testament also be meliorate connected, he said, adding: “You testament ascertain to a greater extent developing on existing manipulator land, and you’ll also see, in my opinion, a break public shipping system on and around the Strip.”

However, Feldman warned that water restrictions could curtail any time to come development, despite efforts to demarcation line usage. He said: “At some point, irrigate is sledding to follow a limiting factor.

“It almost already is. The only thing that allows these prominent hotels to live is the fact that they’ve invested so a great deal inward engineering and the sustainability of for each one property.”