MGM Resorts Plans $86M Expansion of Mandalay Bay Convention Center
By Alex Girda, Associate Editor
Mandalay Bay Resort and Casino plans an $86 million expansion of its convention center that would increase its convention space to more than 2 million square feet.
The project would expand the 1.7 million-square-foot convention center by 350,000 square feet. MGM Resorts International, Mandalay Bay’s owner, said in a statement that additional improvements are planned, including a new underground parking structure and new exhibit space.
Also in the pipeline is a 70,000-square-foot ballroom that can be divided into five sections, allowing greater flexibility and more breakout areas for corporate groups.
When complete, the additions will boost the Mandalay Bay Convention Center’s total square footage from seventh to fifth in the nation, and its expanded 1.1 million square feet of exhibit space will bump up the property from No. 11 to No. 5. Construction is scheduled to begin late this year, followed by the opening of the new exhibit space in August 2015. The rest of the new facilities will come on line in January 2016. The additions will meet LEED Gold standards.
Image courtesy of mandalaybay.comTags: Architecture/Design, Commercial, convention space, Developers, Development, economy, Finance/Investment, Financiers, Hospitality, Investors, Las Vegas development project, Las Vegas Lead Story, Local, Managers, Mandalay Bay Convention Center, MGM Resorts International, National, Owners, Professional, property management, Regional