Just off a dusty desert road dotted with Joshua trees and scrub, Las Vegas commercial real estate developer Rob Lauer envisions a private spaceport on 240 acres in Clark County.
On Tuesday, he began soliciting investors to raise $310 million to build a launching pad, a runway for spaceplanes, a control tower, a flight school and a 200-room casino resort between Las Vegas and Pahrump. It’s a crowdsourcing effort to build an escrow account that eventually would lead to the formation of a publicly traded company to build Las Vegas Spaceport.
“I own the land, bought it in November, and have been working on a concept for about a year,” Lauer said in an interview with the Review-Journal. “This is not something that’s going to happen overnight.”