Las Vegas monorail requests permits for Mandalay Bay extension
The Las Vegas Monorail Co. has requested 15 construction permits for its planned extension from the MGM Grand southward to Mandalay Bay.
The private nonprofit submitted the requests to Clark County on Thursday, asking to install about 70 piers made of reinforced concrete that will support 1 mile of track passing over both public and private land. A permit was also filed to build an eighth monorail station, located at the Shoppes at Mandalay Place.
The project is valued at $23.6 million, according to the permits. The county will need to approve the permits before any construction can begin.
The Monorail Co. has predicted the new stop will boost ridership by connecting the 3.9-mile route to the Mandalay Bay Convention Center and bringing riders within walking distance of the stadium being built for the Raiders.
County commissioners approved the monorail extension project in November.
The Monorail Co. has sought to borrow $110 million in bonds to pay for the extension and $10 million in outstanding debt that comes due July 2019.
It’s unclear if the company has received the financing. Monorail Co. spokeswoman Ingrid Reisman declined to comment Monday.
Contact Michael Scott Davidson at sdavidson@reviewjournal.com or 702-477-3861. Follow @davidsonlvrj on Twitter.
