Caesars Entertainment broke ground on July 16 on Caesars Forum, a new, 550,000-square-foot conference center. When it debuts in 2020, its two 110,000-square-foot ballrooms will be the largest pillarless ballrooms in the world.
The $375 million project will all be on one level, and will feature the first 100,000-square-foot outdoor meeting and event space in Las Vegas, the Forum Plaza. It will be adjacent to the LINQ Promenade nightlife, dining and retail district. Caesars Forum will be within walking distance of eight Caesars Entertainment properties totaling 20,000 hotel rooms.
"I'm pleased to report that even before today's groundbreaking ceremony, $70 million of conference business has been contracted for the Forum, underscoring the strength of the city's meeting business and a strong appetite for best-in-class meeting space, even before a shovel in the ground," said Mark Frissora, president and CEO of Caesars Entertainment. "We're excited to reaffirm our commitment to Las Vegas and to the meetings and entertainment business."
In total, Caesars Forum will have 300,000 square feet of flexible meeting and event space. In addition to the two giant, pillarless ballrooms, it will include a pair of 40,000-square-foot ballrooms and six state-of-the-art boardrooms. It will be able to hold more than 10,000 attendees and will have more than 100 breakout rooms.
Caesars Forum will be built to LEED Silver specifications, and be directly connected via skybridge to 5,000 rooms at The LINQ Hotel and Casino and Harrah's Las Vegas.
"Any of these new properties that have been built within the last 20 years have had three legs of the stool: leisure, gaming and meetings and events," said Michael Massari, chief sales officer of Caesars Entertainment. "Harrah's, The Linq and the Flamingo, which weren't built in the last 20 years, don't have all three legs of that stool. They only have two -- they're quite in the leisure business and they're quite into the gaming business. They just don't have any business travel, because there is very little meeting space, and so the idea here is to allow Harrah's, The Linq and the Flamingo to participate in the meetings and events business, and add a third leg to that stool."
Caesars Forum is not the only conference facility the company is currently building. In June, Caesars broke ground on a $200 million conference center and hotel tower at Harrah's Cherokee in Cherokee, N.C. It will feature 83,000 square feet of conference space, as well as 725 hotel rooms.