Pulte, Woodside Sign On as Skye Canyon’s First Homebuilders

This past summer, a number of dormant master-planned communities saw new life, as the city’s resurgence galvanized developer interest in the Las Vegas market once again. Skye Canyon has announced that two home builders have acquired land in the master-planned community, and are now set to carry out the first phase of the project. According to Olympia Companies, the two builders will take over a combined total of 80 acres of land. Skye Canyon is the first large-scale residential development project to break ground in the valley since the recession.

Last summer, renewed interest from developers breathed new life into several master-planned communities that had been dormant for years. In a milestone for the Las Vegas Valley market, Pulte Homes and Woodside Homes are the initial two homebuilders to commit to developing sites in Skye Canyon, the first major residential project of its kind to break ground in the valley since the recession.

According to Olympia Cos., master developer of the 1,700-acre community, the two builders acquired 80 acres of land between them.  One of the nation’s largest homebuilders, Pulte Homes currently operates in some 50 markets nationwide. Ryan Breen, president of the company’s Las Vegas division, promised that Skye Harbor “will offer Pulte homebuyers a robust and active, outdoor lifestyle in a great location.”

For its part, Woodside Homes has completed more than 40,000 homes in Nevada, California, Utah, Arizona and Texas since 1977. “With our ability to build a home based on our buyers’ needs and wants, we are a natural fit,” said Mike Casey, the company’s director of sales and marketing.

At full build-out, Skye Canyon will include 9,000 homes and a variety of amenities. The community is being designed to fit into its surroundings and will offer extensive outdoor amenities, including parks, hiking trails and biking trails. The first models at the master-planned community are scheduled to open next fall.

For more Las Vegas market data, click here.