Recent signs of improvement in the Las Vegas Valley residential market are prompting homebuilders to launch new construction.
In Henderson, Landwell Development is in the early stages of a 2,200-acre master planned community project and has begun grading, the Las Vegas Review-Journal reports. As part of the project’s first phase, Landwell plans to build about 1,400 residential units on 320 acres near the Union Village health care-focused project. Dubbed Cadence, the community will feature a neighborhood park, a retail center and office space, say Landwell officials.
The project will require the rerouting of Mohawk Drive and extensive improvements to Galleria Parkway, the Review-Journal adds.
Landwell is not alone in its plans to step up development. Also entering the competition, D.R. Horton plans to build 305 units on 63 acres it acquired near Horizon Ridge Parkway and Gibson Road.