Downtown Summerlin Nears Completion and First Test
By Alex Girda, Associate Editor
As Summerlin’s downtown edges closer to reality, Howard Hughes Corp’s concept for a new style of large-scale development in the area is set to get its test with with homebuyers and businesses.
Downtown Summerlin will include 1.6 million square feet of space over 106 acres along the Clark County 215 Beltway. The project will also include more than 125 shops, a nine-story office building and a high-end apartment component.
At full buildout, the 22,500-acre Summerlin development will offer 22 public and private schools, houses of worship, nine golf courses, 150 parks, more than 150 miles of trails, as well as a large inventory of office space, retail and medical facilities.
According to The Howard Hughes Corp., Summerlin should total around 80,000 homes and house around 200,000 residents at full buildout. The new urban center is halfway there in terms of homes and residents. Homes here range from apartments to high-end, custom-built houses. As 6,000 acres still remain unsold, some 30 years of development are still ahead.
Image courtesy of howardhughes.comTags: Architecture/Design, Brokers, Commercial, Consumer, Conventional - Market Rate, Developers, Development, Downtown, Downtown Summerlin, economy, Finance/Investment, Howard Hughes Corporation, Investors, Las Vegas Lead Story, Las Vegas Valley, Local, luxury, multi-family, Municipal, National, Owners, Policy, Professional, Regional, Residential, retail, single-family, Summerlin