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Las Vegas Updates on New Construction Projects

The Madison Square Garden Company has marked the completion of the MSG Sphere Las Vegas exosphere, with executives promising that it will be ready to host the FIA Formula One World Championship in 2024.

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Las Vegas Updates on New Construction Projects

date

March 24, 2023

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Las Vegas is a city that is always growing and evolving. In recent years, there have been many exciting projects and developments happening in and around the city. Here are some of the most interesting updates on new construction in Las Vegas.


What are they building on Blue Diamond and Rainbow?


The Bend is one of the newest developments in Las Vegas. Located on Blue Diamond and Rainbow, this mixed-use development will include retail, dining, and entertainment options, as well as residential units. It is set to be a hub for the community with convenient access to many amenities.

What is the big sphere being built in Vegas?


The MSG Sphere is a highly anticipated entertainment venue being built by the Madison Square Garden Company. It will seat up to 18,000 people and feature state-of-the-art audio and visual technology. The Sphere is set to become one of the most iconic landmarks in Las Vegas and is expected to be completed in 2023.


Oak View Group to Build $3 Billion Entertainment District in Las Vegas


Las Vegas is set to get a new $3 billion entertainment district, anchored by a state-of-the-art arena and a casino-hotel. The Oak View Group is planning to build the project just south of the Las Vegas Strip, near Las Vegas Boulevard and Blue Diamond Road, with groundbreaking and construction scheduled to begin next year. The 25-acre complex will feature a 20,000-seat arena that could serve as the home for a professional sports team. The Oak View Group is prepared to spend $1 billion on construction, with an eye towards hosting sports, concerts, and other events.

Where is the best place to move in Las Vegas?


Las Vegas has many great neighborhoods to choose from, depending on your lifestyle and preferences. Some popular areas to consider include:

  • Summerlin: a master-planned community with many parks, trails, and golf courses.
  • Henderson: a suburban community with great schools and a thriving downtown.
  • Southwest area: a growing community with easy access to the Strip and major highways.


What is the cheapest city to live in Las Vegas?

North Las Vegas is generally considered to be the most affordable city to live in the Las Vegas area. Housing costs are lower in North Las Vegas, and there are many affordable rental options available as well.


What salary do I need to live in Las Vegas?

The salary you need to live in Las Vegas will depend on your lifestyle and expenses. However, on average, a single person can live comfortably in Las Vegas on a salary of around $50,000 per year. For a family of four, a salary of around $80,000 per year is typically recommended to cover all expenses comfortably.

That's it for our updates on new construction projects in Las Vegas. Whether you're looking for a quick move-in or a new neighborhood to call home, Las Vegas has plenty of exciting options to explore.


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