The Las Vegas Monorail has announced that it has secured the long-term financing needed to help fund construction of a new station at Sands Avenue and to replace a short-term loan facility.
The new station will provide a direct connection to the Sands Expo Center, The Venetian and The Palazzo Resorts, and to the MSG Sphere, the 18,000-seat entertainment venue currently under construction.
The transaction is part of the company’s expansion program, which will also include a later expansion to the Mandalay Bay Resort with proximity to Allegiant Stadium.
The Sands Avenue station is projected to be completed and open in conjunction with the Sphere project opening.
