The Las Vegas Convention and Visitors Authority (LVCVA) will go ahead with Elon Musk’s plan to build a revolutionary people mover for the Las Vegas Convention Center.
The Boring Company (TBC), a transportation technology company founded by Musk, has been selected to design, construct and operate the transport system, following approval from the Las Vegas Convention and Visitors Authority (LVCVA) board of directors.
As previously reported by Spice News, the plan will see a loop of underground express-route tunnels constructed that will carry passengers in autonomous electric vehicles at high speeds.
The proposed system has the potential to transport up to 11,000 passengers per hour and is estimated to cost between US$35 million and US$55 million, depending on the route, number of stations and size of stations.
TBC president Steve Davis welcomed the decision by the LVCVA board.
“Las Vegas is a high-energy, high-technology destination equipped to welcome the world, and we are excited to deliver a system that will help visitors efficiently navigate the city’s many offerings,” he said.
Following the decision, TBC and the LVCVA will now determine specific design, construction and operational plans and negotiate a contract for final approval by June 2019.
LVCVA CEO and president Steve Hill said Las Vegas is a leading destination driven by innovation and hospitality.
“This project is an example of how our leading principles can create an experience benefitting our community and valued visitors,” he said.