Wednesday's approval by Elon Musks Boring Company for a transportation system to transport passengers in Tesla cars via a network under Las Vegas was granted.
Officials from Clark County have approved a special use permit, and a franchise agreement. This would allow the Boring Company's Vegas Loop to grow beyond the 1.7-mile radius that connects to the Las Vegas Convention Center campus. It would be a 29-mile route with 51 stations and include stops at UNLV, casinos on the Strip, and the city's football stadium. It would eventually reach McCarran International Airport. The approval was first reported by the Las Vegas Review-Journal.
Clark County officials repeated Wednesday that the Boring Company had stated it would pay for tunnels. The agreement with Clark County states that the franchise agreement will last 50 years.
Vegas Loop is expanding by 29 miles and 51 stations
Thank you to the Clark County team and the Commissioners who unanimously approved. https://t.co/KrfF5SUsxq The Boring Company (@boringcompany) October 20, 2021
Although the project has reached an important milestone, it's not yet a complete deal. The Boring Company can now apply for land use and building permits at each station and tunnel with this special permit. The Boring company will need to obtain a separate franchise agreement from the city of Las Vegas.