MGM Resorts International will spend $66 million to expand the convention center at the Mandalay Bay, adding more than 350,000 square feet of exhibit space to the existing 1.7 million-square-foot facility.
The expansion will include underground parking and additional carpeted ballroom space.
When completed, the convention center will total more than 2 million square feet, growing from the seventh largest convention facility in the North America to No. 5. The Mandalay Bay facility will offer 1.1 million square feet of event space.
The increase will allow Mandalay Bay to grow current shows, pursue new and larger corporate events and achieve greater use of the entire facility.
Mandalay Bay President Chuck Bowling said the resort was approached by several “long-standing customers” who were seeking additional space to grow their conventions and meetings.
“In addition to enabling our current clients to develop larger events, the additional space and new flexibility will allow us to attract new business to Las Vegas,” Bowling said.
Construction is scheduled to begin in late fall with new exhibit space available in August 2015. The project is expected to be completed by January 2016.
The new space will include a 70,000-square-foot ballroom that can be split into up to five break-out areas for corporate groups.
MGM Resorts said the convention center expansion will be built to LEED Gold standards or better. The expansion will incorporate an additional rooftop solar photovoltaic (PV) array. The previously announced PV array on the current convention center is slated for completion in August.
Contact reporter Howard Stutz at email@example.com or 702-477-3871. Follow @howardstutz on Twitter.