Elon Musk’s The Boring Company has recently acquired a 1.36-acre parcel in Las Vegas for the construction of a station as part of its Vegas Loop project. This innovative underground transportation system will span 65 miles beneath the bustling Las Vegas Strip and Downtown area, providing convenient access to the public.
The property was sold by HMV Group for $3.67 million, with company CEO Maxwell Nuremberg expressing excitement about this collaboration and how it will benefit his above-ground mixed-use developments – specifically, the Spring Mountain and Valley View retail projects which are located near future stations on the Loop.
In Q2 of 2023, The Boring Company received approvals to expand their plans for the Vegas Loop – including two additional stations in Chinatown/Asian District that will utilize this newly acquired property from HMV Group. With these advancements underway, Elon Musk is set to revolutionize transportation in Las Vegas through his visionary underground loop system.
