Master-Planned Communities Line Up at the Starting Gate

After it was recently revealed that Downtown Summerlin is set to put one of the most ambitious master-planned projects in the entire Las Vegas Valley to the test of commercial real estate this fall, a number of long-dragged master-planned communities across the Las Vegas area are also closer to becoming reality after successfully exiting the uncertainty created by the fallout of the market crash.

As Downtown Summerlin prepares to test the market this fall, a number master-planned communities in the Las Vegas metropolitan area are moving forward after weathering hard times.

After the economic downturn put its development plans on hold,  The LandWell Co. sold a 200-acre site to Lennar Corp. and then lined up an 18-acre residential project with Woodside Homes. According to, the developer now has around 255 acres of its land under development following a  series of recent deals.

The site of LandWell’s Cadence project is the 2,200-acre former industrial dump located between Boulder Highway and Lake Mead Parkway. Development plans call for 13,250 housing units, 1.1 million square feet of retail, as well as 1,500 hotel rooms. With Cadence seeing movement and grading expected to start soon, a new hub of activity may be on the horizon in Henderson. also noted that the 1,700-acre  Skye Canyon development is scheduled to break ground this month. The project calls for 9,000 new homes. In North Las Vegas, developers are eyeing a 2015 start for Park Highlands, 2,700-acre master-planned community that will ultimately encompass some 15,000 homes at the site. And in Henderson, the 7,500-home  Inspirada project is gearing up for construction.

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