The Boring Company Digs Deeper: Elon Musk Expands Vegas Loop Project with Latest Land Acquisition

In a strategic move that continues to reshape the transportation landscape in Las Vegas, Elon Musk’s The Boring Company (TBC) has acquired a new parcel of land near the University of Nevada, Las Vegas (UNLV). The 1.8-acre tract, purchased by TBC-affiliated firm Object Dash for $7.2 million, is the latest piece in the puzzle of TBC’s ambitious Vegas Loop project.

The land acquisition, recently unveiled through Clark County Records and reported by the Las Vegas Review-Journal, underscores TBC’s commitment to expanding its innovative underground transportation system in the vibrant city. The particular parcel aims to facilitate connectivity between UNLV and the Las Vegas Convention Center, forming a crucial link in the envisioned 68 miles of tunnel and 93 stations approved by Clark County and the City of Las Vegas for the Vegas Loop.

TBC’s vision for the Vegas Loop encompasses a comprehensive network linking key destinations, including the Las Vegas Convention Center, the Strip’s iconic casinos, Allegiant Stadium, downtown Las Vegas, and Harry Reid International Airport. With this new acquisition, TBC continues to pave the way for a transport system that promises to revolutionize how people move around the city.

The Vegas Loop, once completed, is projected to transport over 90,000 passengers per hour, marking a substantial leap in urban mobility. Elon Musk’s brainchild doesn’t stop there, though; the long-term plan is to extend the loop to Los Angeles, connecting major cities in a high-speed underground network.

Currently, a section of the Vegas Loop is already operational – the Las Vegas Convention Center (LVCC) Loop. This 1.7-mile stretch of tunnels, connecting the LVCC West Hall with the main campus, has been operational since April 2021. Demonstrating a peak capacity of over 4,500 passengers per hour and 32,000 passengers per day, the LVCC Loop has proven its efficiency during conventions.

The construction of the LVCC Loop, with its two one-way tunnels, surface-level stations, and subsurface station, came at a cost of about $47 million, according to TBC. The project managed to cut a 45-minute cross-campus journey down to a mere two minutes, a feat accomplished in just one year and executed seamlessly during conventions without disrupting regular road traffic.

As Elon Musk continues to add new chapters to his technological empire, the expansion of the Vegas Loop reaffirms his commitment to pushing the boundaries of transportation innovation. With the completion of additional loops and connections, Las Vegas could become a blueprint for modern urban transportation, thanks to the subterranean vision of The Boring Company.