4 Million Square Feet of The $2.5 billion convention center expansion will generate an Convention Space in Development increase in demand of 500,000 visitors per year Indicative of the strong growth in convention demand, in =. : 7 Le February 2015 the Las Vegas Convention and Visitors Authority oS 42 _ (LVCVA) acquired the former Riviera hotel located on 23-acres ae Ts ne ioe for $182.5 million. A planned $40 million demolition during giratre® eee “af 90 '% 2015-2016 of the former hotel will lay the foundation for a $2.5 iss i ? 6h billion expansion of the Las Vegas Convention Center, increasing ae si _ convention capacity to 5.8 million square feet. The expansion i 4] oo — 2 will transform the current convention center, rebranded as the Si of } Sa Ne L : «pet ee ee SN as Vegas Global Business District, and support the demand Lo a Sein" re — ; a growth projected to be an additional 500,000 visitors per year. . y ge | A ua é &, Bn, " ik. Ly, Se Le hak : a tea Pipe ST SS - Phase One is currently underway and includes developing = = A in : 750,000 square-feet of new exhibit space and 187,500 square- feet of supporting meeting space, renovating and upgrading LAS VEGAS CONVENTION STATISTICS the existing facility, incorporating touch screens, faster Internet é MA AUSREETES dee GORTSRHORE a0,000 speeds, new restaurants and an updated facade. Phase Il 6.5 “5 . . a . 6.2 py 2 25,000 includes the expansion onto the former Riviera site from a 6 ew BR current total footprint of 3.2 million square-feet to 5.7 million é f 57 af a Fra ~~ 50.000 # square-feet of space, with new street infrastructure and new 8 5.5 | ——— Ba 2 centralized transportation hub for the entire city. Additionally, £ 5 [50 © ag 28 a i002 , [eo] the expansion project will include development of a new office e a3 a 9 ne] ; : 2 5 park in the neighborhood surrounding the center. o ‘as? J | = 10,000 * = La - 4 39 /) 9.2 million convention attendees In addition to the LVCVA space, 350,000 square feet of convention