Las Vegas Sands Corp. today announced plans for a new 17,500-seat live music venue behind its Strip resorts, a move that will add yet another dimension to the resort corridor’s ever-expanding entertainment market.
The casino operator said it was partnering with the Madison Square Garden Company to build a 400,000-square foot venue on Sands Avenue between Manhattan Street and Koval Lane. Neither a sales price nor a target completion date were disclosed.
Sands indicated they would focus on offering a variety of live shows — including large concert tours, residencies and other productions — in the new space. Sands also promised a “unique seating design” that would put all seats in front of the stage and include options for luxury seating and “exclusive clubs and lounges.”
Sands CEO Sheldon Adelson said in a statement that a “world-class performance venue” connecting directly to his Venetian and Palazzo resorts would “undoubtedly be positive” for his company’s Las Vegas business. He also characterized it as the right type of investment for the “long-term interests of Las Vegas as a leading international tourist destination.”