New Las Vegas Ballpark Construction On-Schedule for Opening Day; 10,000-Seat Facility Confirms Opening Will Be April 9, 2019

LAS VEGAS, NV – The Las Vegas Aviators, formerly known as the Las Vegas 51s and Las Vegas Stars, are a Minor League Baseball team in the Pacific Coast League (PCL) and the Triple-A affiliate of the Oakland Athletics. They are located in Summerlin, and from 1983 to 2018 they played at Cashman Field. However, beginning in 2019, the Aviators will play their home games at Las Vegas Ballpark, a new 10,000-seat facility that team representatives confirmed will indeed be ready for opening day on April 9. Well, mostly ready, anyway.

While there’s still plenty of work to be done on the facility, everything needed to play a good, old-fashioned game of baseball – namely, the field, lights, seats, and scoreboard – will be ready to go, Aviators officials said. Some fan amenities, such as a swimming pool and splash pad, might not make the cut by opening day, but are hoped to be completed soon afterward. 

The stadium will be owned by the Howard Hughes Corporation, and is located near the intersection of South Town Center Drive and West Sahara Avenue. Construction of the $150 million stadium began in 2018 and is set to feature 10,000 seats, 22 suites, a center field pool, kids’ zone, and several bars.

Work crews are currently working around the clock in order to meet their April deadline, and according to reports they are on-track to achieve that goal. And to cement that fact, the Aviators recently announced that season tickets were selling at a brisk pace and are soon looking to sell out completely, showing the intense local interest in the team and their new, state-of-the-art home.

In addition, the LED video display board at Las Vegas Ballpark has earned a unique distinction- it’s currently being heralded as the largest such screen in Minor League Baseball, coming in at approximately 4,000 square feet and featuring a 13HD pixel layout courtesy of AECOM Hunt and PENTA Building Group. In addition, the screen ranks within the top 25 out of any baseball stadium in the United States, Minor or Major League, reports say. 

The new stadium is also bringing job opportunities to the Summerlin area; the facility has recently advertised a Job Fair to be held on February 23, where they are looking to fill positions including Professional Sports Catering, Event Security, and Cleaning Personnel.

The Aviators’ opening day game – the first ever played in the new stadium – will be against the Sacramento River Cats, with 70 home games stated for the 2019 season.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Las Vegas is home to a great many eye-catching structures and oddities, but one of the most remarkable of them isn’t eye catching at all… mainly because it’s located 26 feet underground.

The infamous “Underground House,” originally constructed by Avon founder and subterranean living enthusiast Jerry Henderson in 1979, has been officially put on the Vegas real estate market for a whopping $18 million. That’s quite a mark-up from its previous selling price in 2015 of $1,150,000, but the current owners maintain that the novelty – combined with the sheer expense involved in attempting to replicate the house’s unique design elsewhere – make the inflated price tag well worth it.
Henderson allegedly built the Underground House owing to fears over nuclear war or other catastrophes, although modern reports indicate that it would likely provide inadequate protection from a serious nuclear attack.

The above-ground portion of the Underground House – located 2.5 miles from the Las Vegas Strip – looks plain enough upon first inspection, being a simple townhouse that Jerry Henderson’s widow lived her remaining years in upon her husband’s passing in 1983. But delve into the earth below and you’ll discover a vast complex boasting five bedrooms, six bathrooms, and numerous extravagant amenities, all designed with a flashy 1970’s flair that goes the proceedings a distinctively retro-look.

Visitors to the Underground House – with the 15,000 square-foot space accessible via stairs or elevator – will find themselves greeted by a faux “outdoor” yard populated with a grass-colored carpet, artificial trees, bushes, and rocks, as well as murals on the walls and ceilings depicting the sky, horizon, and various bits of country scenery. Lights can be adjusted to represent different times of the day, and twinkling lights in the ceiling represent a starry nighttime sky.

In the center of it all is the house itself, reflecting a 1970’s design sensibility and including an elaborate bar and a kitchen with a vibrant pink color scheme. Glass panel doors, as you would normally see on a typical above-ground house leading into the backyard, separate the interior of the house from the “outdoor” area.

Speaking of the outdoor area, it is replete with a number of perks, including a pool, two hot tubs, a sauna, a dance floor, a barbecue area (complete with a picnic table and chairs), and a four-hole putting green. In addition, there is a separate guest “house” on the “property” for when visitors come calling.
Despite the 70’s design aesthetic, prospective buyers of the Underground House will be happy to know that the current owners – the mysterious Society for the Preservation of Near Extinct Species – didn’t skimp on adding modern technological aspects. Climate control is provided by eight heavy-duty air conditioning units, cell phone service is accessible via underground repeaters, and cable TV and Internet are available as well. In addition, the property has a 1,000 fresh water tank as well.

It just goes to show you that just when you think you’ve seen it all in Las Vegas, you only have to direct your gaze downward to find that there’s even more going on beneath the surface. 

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos or rental info? Please feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Looking back at 2018, Las Vegas can boast of a great many things – a booming economy, a healthy job market, booming real estate, an influx of new residents and businesses – but one item that stands out just as impressively is the fact that employment in the local construction industry blew up at roughly twice the rate when compared to the rest of the United States.

With a plethora of ongoing high-profile building projects – including the Las Vegas Raiders NFL stadium, a new baseball stadium, numerous single-family homes, apartment buildings, and condos, retail buildings, warehouses and more –  nearly 68,000 people were employed by the Las Vegas construction industry last year, representing a jump of nearly 9 percent from the same period in 2017, as per reports. In contrast, construction jobs only grew on an average of 4 percent elsewhere in the country.

With demand for quality – and affordable – housing spiking in Las Vegas within the last few years, the only thing standing between prospective homeowners and their desire to move into new dwellings has been a shortage of workers, and in an attempt to offset the difficulty in attracting laborers, construction companies have been offering extra incentives in order to draw them in, including higher salaries and benefits. 

Slowly, but surely, the approach has been working, and output from the region’s contractors has been steadily increasing to meet demand; however, according to reports, the workforce is still under-populated and companies are still looking for qualified workers.

The housing job market in Las Vegas currently, while very impressive by national standards, still pales in comparison to how it was in the “good old days.” Previously, before the housing market crash of the mid-2000’s, construction companies in Las Vegas employed approximately 112,000 workers; following the burst of the housing bubble, however, the market could only sustain fewer than 35,000 workers. Needless to say, the modern market is clearly in the rise once again.

Real Estate professionals in Las Vegas in 2018 reported record numbers of sales, with the marker hitting highs not seen in the Southern Nevada Region in over a decade. Scarcity has resulted in elevated pricing, but as more workers are brought in by home-builders in the area, a greater output of dwellings will result in prices stabilizing and, eventually, dropping to more affordable levels, although it is worth noting that Vegas’ cost of living, even now, is lower than much of the country, especially when compared to neighboring states such as California.

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos or rental info? Please feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Ground was recently broken on the next phase of construction of the Centennial Bowl interchange, the project spearheaded by the Nevada Department of Transportation (NDOT) aimed at making traffic smoother and safer in the northwest Las Vegas region.

This newest phase of the Centennial Bowl interchange project – located where the 215 Beltway intersects with U.S. Highway 95 – is budgeted at $73 million, with officials noting that upon completion, it will enhance the safety of motorists as well as the overall flow of traffic in the area while creating an easier and more direct conduit for the Centennial area of Las Vegas. 

At the moment, well over 100,000 vehicles a day traverse this section of the highway, and with that number expected to increase as the population of Southern Nevada continues to grow in light of the booming economy, job, and real estate market as of late; reports peg the traffic levels rising as high as 160,000 vehicles a day in just a few years, if not more.

The general contractor of the project has been announced as Las Vegas Paving, who was awarded a $61.5 million contract for the construction. 

Construction will yield three new connections in the form of freeway flyover ramps- northbound U.S. Highway 95 to 215 Beltway westbound, southbound U.S. Highway 95 to eastbound 215 Beltway, and eastbound 215 Beltway to U.S. Highway 95 southbound. Flyover ramps allow ongoing traffic to maintain their currently level of speed and acceleration while offering direct connections from one freeway to another, as opposed to standard entrance ramps that often present bottlenecks for incoming vehicles looking to merge. The Centennial Bowl interchange will, ultimately, offer more efficiency and safer conditions while maintaining speed rates for motorists by doing away with the right-of-way and stop-and-go nature of the current freeway layout.  

The main bridge that will make up the central structure of the project will be the second-longest in Nevada, measuring 2,635 feet long, 75 feet tall, and 39 feet wide.

In addition to the new flyover lanes, other work will be undertaken upon the surrounding area in the form of drainage updates to reduce the risk of flooding during inclement weather as well as enhanced lighting to increase safety and visibility, improved landscaping for aesthetic purposes (as well as to ensure that local foliage doesn’t impede the view of motorists), and the implementation of new technology-based traffic management and surveillance systems.

The Centennial Bowl interchange is expected to offer up to 150 new opportunities for employment during the main phase of construction, the costs of which are being covered through a combination of state ($54 million) and federal ($19 million) funding.  This phase of the Centennial Bowl interchange construction is expected to be completed in mid-2021.

Looking for information on resettling in the fast-growing Las Vegas market? Home recommendations? Vegas apartments, condos or even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Campus Village, located at 4440 South Maryland Parkway in Las Vegas, is a two-story complex consisting of space for retail establishments and professional office complexes. It’s been occupying its space for decades – it was originally built in 1978 – and due to the efforts of a prominent local developer, it will be soon demolished to make way for a new mixed-use project that is looking to tap into the recent real estate boom experienced as of late in the Southern Nevada region.

Situated directly across from the University of Las Vegas campus, workers employed by G2 Capital Development began demolition last week on Campus Village, with owners of the company estimating that the property will be completely razed and ready for re-purposing within a week or 10 days. G2 purchased Campus Village in 2017 for almost $5.5 million; the deal also included a separate building featuring retail space next door as well.

G2 Capital Development noted that demolishing the building and starting over from scratch is a necessary step due to numerous issues that Campus Village faced; due to its below-ground construction and open-air set-up, the property was often the victim of flooding during storms. Occupations by Las Vegas’ homeless community and drug dealers, as well as ongoing issues of vandalism, have also been a growing problem, G2 noted.

The demolition of Campus Village, G2 said will make way for a new complex that will feature numerous buildings constructed upon the site, some reaching as high as 20 stories; the new structures are slated to consist of spaces serving a variety of uses, from hotel rooms to office space, apartments and possibly even space utilized by the neighboring University of Las Vegas administration.

Project plans are expected to be filed with Clark County officials within the next few months as to the exact specification of the project, which is tentatively anticipated to break ground and begin construction by the end of 2019 or possibly the beginning of 2020. The estimated time from start to finish is approximately 20 months, G2 said. Part of the construction is expected to involve the neighboring retail-centric building at 1220 East Harmon Avenue, which is expected to also be demolished soon and whose property is expected to be incorporated into the overall mixed-use project G2 is working on.

Completion of the project, and the new retail and business tenants that the new complex is expected to attract, are to serve as a catalyst for positive change in the area, which has until now been seen as impoverished by some, according to reports.

Looking for information on resettling in the fast-growing Las Vegas market? Home recommendations? Vegas apartments, condos or even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – The news that the famed Oakland Raiders National Football League (NFL) team would be picking up their cleats and transplanting themselves to Las Vegas rocked the sports and business world. And to coincide with their arrival in Sin City – anticipated to be in time for the start of the 2020 season – work upon their new $2 billion, 65,000-seat stadium located on a 63-acre plot of land situated between Russell Road and Hacienda Avenue began in November of 2018, generating big headlines across the nation. And since the beginning of construction, work has progressed at a steady and rapid pace, with estimates putting the completion of the project on-time and within budget.

Lost among all the hoopla of the stadium, however, is another Raiders-related construction announcement this week; one perhaps not as flashy but certainly equally as important when it comes to running the sports dynasty once it arrives in its new Las Vegas home. On January 14, ground was broken on the construction of the Raiders’ new headquarters, a cutting-edge facility located in Henderson to be built upon 55 acres of vacant land adjacent to the Executive Airport. 

The headquarters will offer 323,000 square feet consisting of advanced training and workout facilities – including three practice areas outside as well as an indoor football field as well – in addition to numerous corporate offices to house the team’s management, executives, and other personnel.

The area in Henderson surrounding the future Raiders headquarters is, according to reports, in the middle of a resurgence of development, with numerous construction projects branching out and taking shape as the region continues to benefit from the booming Vegas economy and real estate market that is attracting businesses far and wide. Rounders Grilling & Gaming, a tavern franchise offering bar food, drink specials and gaming options in a “no-nonsense setup” is in the process of creating a new location adjacent to Raiders’ headquarters, with a target date of September of this year set for their official Grand Opening; the hook for customers, they say, will be a place for Raiders fans to be able to easily and comfortably watch their new hometown team play. 

The hope, of course, is for these new businesses to latch onto the increased traffic that is sure to be attracted to the area by the arrival of both the legendary sports team’s new HQ and Raiders Stadium; this is expected to create a ripple effect that will be felt throughout many of Las Vegas’ many industries, including real estate, the job market, and the amount of tourism to the area. In fact, not only will the stadium be the new home of the Raiders, but also the University of Nevada’s football team as well, attracting professional and colligate football fans of all ages.

Indeed, 2020 is shaping up to be an exciting year for Las Vegas.

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Downtown North Las Vegas, parts of which are still considered ‘depressed’ despite the economic boom taking place throughout the Southern Nevada region, is nonetheless experiencing a degree of growth in recent months that seems to be putting it on a course to intercept the reset of Las Vegas in due time. And one manner in which that growth is taking place is in the form of a new multi-million dollar entertainment complex that is sure to put the area on the map.

Maya Cinemas will be opening a new $75 million, 14-screen movie theater in front of the Silver Nugget Casino, an area of North Las Vegas that is considered economically depressed but that experts say is on the verge of a growth spurt, given the need for real estate in the area to satisfy the many new inhabitants that moving there. The opening of a new, state-of-the-art movie theater in the area, according to Maya Cinemas, is sure to serve as a catalyst for continued development in the under-served community, attracting more businesses and residents as its profile continues to improve.

In addition, local businesses are hoping that such an investment in their community will improve their fortunes as well, considering the increased foot traffic that a high-profile entertainment complex is sure to bring. Also, local residents, according to reports, are excited about finally getting a high-tech movie theater right in the heart of their very own neighborhood.

The theater, slated to open in late January of 2019, will feature luxury reclining leather seats situated in large-scale stadium seating, booming Dolby surround sound set-ups, a large arcade stocked with all the latest and greatest video games, snack counters stocked with a plethora of treats, and a cantina where grown-ups can unwind after taking in the latest blockbuster.

Maya Cinemas ownership noted that the impending opening of their theater in North Las Vegas has already attracted other merchants to the community; four restaurants and eleven retail establishments are already in the works in the immediate vicinity of the theater, all of which were drawn by the promise of new economic growth and development in the area, officials said.

Maya Cinemas is scheduled to open in North Las Vegas on Friday, January 18.

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – As always, the real estate market in the United States can be a highly competitive one, but when looking back at the year 2018 in review, one territory stands out clearly above all the rest as the hottest market in the county: Las Vegas, Nevada.

Based on home price growth alone, Vegas reigns supreme as the biggest housing market of the past year, and part of that status can be directly attributed to its relatively low cost of living not only when compared to much of the country – Vegas remains one of the cheaper metropolitan areas in the country to live – but especially when directly compared to its immediate neighbor: California. California boasts some of the highest home prices and cost of living in the nation, and it’s that crucial fact about its housing market that makes Southern Nevada that much more attractive not only to tourists, but to people and families looking for a new place to live that is affordable.

However, it’s not just the affordability factor that made Vegas’ real estate market so hot in 2018; a number of other factors functioning in tandem helped with that. Major job creation, coupled with diversification in multiple industries in the region, is another contributing reason. After the recovery from the housing market crash of the mid-2000’s, Vegas saw a variety of companies and businesses settle down within its borders; companies and businesses that need qualified workers, and because of that the city quickly saw an influx of new transplants from across the country, effectively kick-starting the local real estate market that has been otherwise sitting dormant for nearly a decade. With that demand, housing prices started to quickly climb in the region, although nonetheless remaining at levels comparatively lower than the much of the rest of the country.

For example, let’s compare median single-family home prices in Las Vegas to California. In the third quarter of 2018, a home in Vegas came in at approximately $294,600; when compared to the same home type in Los Angeles – $628,900 – and San Diego – $650,000 – and Orange County-Anaheim – a whopping $830,000 – it’s easy to see why Las Vegas suddenly becomes a very attractive alternative, even with its own real estate market currently on the rise.

Vegas also overtook Seattle, Washington as the king of the fastest-growing home prices, with 13 percent jump in September 2018 over the same month one year before. Vegas’ real estate market had previously peaked back in 2006 before the burst of the housing bubble, and while prices locally have recovered and grown significantly since then, they are still 20 percent below 2006 levels. If ever there was a time to buy in a rapidly-growing marketplace, now is clearly the time and Las Vegas is clearly the place.

Thinking about relocating to Las Vegas? Need some ideas on what areas fit your family best? New home recommendations? Las Vegas apartments, condos even nightlife and entertainment? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Summerlin Developer to Construct New 14-Story Hotel Next to Las Vegas Ballpark

LAS VEGAS, NV – Even though it is currently still in the works, the upcoming Las Vegas Ballpark is already seeing satellite businesses begin to pop up around it, and one of the most prominent is being constructed by Summerlin developer Howard Hughes Corp. in the form of a new, 14-story hotel.

Las Vegas Ballpark is a baseball stadium under construction in Summerlin, Nevada for the Las Vegas Aviators of the Triple-A Pacific Coast League. The stadium site is located near the intersection of South Town Center Drive and West Sahara Avenue. Construction of the $150 million stadium began in 2018 and is expected to be completed in time for the Aviators’ 2019 season. It will serve as a replacement for the team’s previous home at Cashman Field, where the team has resided since 1983.

Howard Hughes Corp. has recently submitted plans calling for a 267-room hotel to be built on a 4.3-acre lot south of the ballpark on Pavilion Center Drive, situated across from Summerlin Mall in Las Vegas’ downtown area. According to plans submitted to Clark County – whose commissioners still have to vote on the proposal – the hotel would include various amenities for guests, such as a restaurant bar and spa located on the roof.

The hotel, if approved and built, will allow residents and tourists accommodations that allow easy local access to places such as Downtown Summerlin, the City National Arena ice rink, Red Rock Resort – a 64-acre, 796-room hotel, which would be a competitor – and, of course, the Las Vegas Ballpark itself. 

The proposed hotel would not offer gambling on the premises and would strictly offer only rooms and spa/entertainment options for guests, which Howard Hughes Corp. representatives say there is a growing demand for in Las Vegas, especially in areas located near the suburbs. The smaller size and subsequent ease of access the hotel would provide when compared to competitors would also be appealing to families and those visiting relatives in Summerlin and other nearby communities, Howard Hughes Corp. reps said. In addition, those looking to stay in a quiet, non-gaming hotel, while having the option of being able to patronize gambling establishments nearby – such as the aforementioned Red Rock Resort – would also find the proposed hotel to be appealing.

Summerlin is a wealthy master-planned community in the Las Vegas Valley of Nevada, located near the Spring Mountains and Red Rock Canyon. It is part of Clark County, takes up approximately 22,500 acres of land, and boasts a current population of nearly 100,000 residents.

Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – There are currently two monorail stations in the planning stages in Las Vegas, and one of them is conformed to be servicing the upcoming MSG Sphere at The Venetian facility, an appropriate melding of a futuristic transportation mode and an equally-futuristic concert facility.

Clark County has recently received plans from the developer of the project, calling for a 60-foot tall, 11,119 square-foot monorail station that will feature platforms on both sides – north and south – of the existing monorail track that passes through the 19-acre MSG Sphere site. The monorail station will provide access via a 1,100 foot-long pedestrian bridge that is also in the works, slated to connect the MSG Sphere with the Sands Convention Center.

The MSG Sphere, a joint venture between Sands Corp. and Madison Square Garden, will be a 400,000-square-foot, 18,000-seat, 360-foot-tall globe-shaped arena slated to be constructed on 63 acres of property located behind the Venetian Resort Hotel Casino on the Las Vegas Strip. A futuristic music and event venue, the MSG Sphere will feature an exterior with 36 miles of variable intensity LED lighting, enabling the structure to allow outside spectators to peer through a transparent façade to watch the concert within; at higher lighting intensities, outside vision will be obscured. Ground was broken on the project in September of 2018, with construction expected to be compete in 2021.

The construction of the monorail station is expected to incorporate painted steel, metal panels, metal guardrails, glass doors, and metal roofing, with support columns made from concrete. The current estimated price of the station is not publicly known.

A second monorail station for Las Vegas is also in the works, with a station and track extension planned to connect the MGM Grand and Mandalay Bay with the upcoming 65,000-seat Las Vegas Raiders stadium, a $1.8 billion project that is currently under construction. The price tag of this aspect of the monorail expansion is purportedly in the neighborhood of $23.6 million, and is expected to take approximately 18 months to complete once started.

Upon completion of the new stations and extensions, the Las Vegas monorail system’s track will span five miles comprised of nine stations, offering both local residents and visitors an easy and effective means of transportation to a variety of locations throughout the city, including hotels, casinos, dining, retail, and entertainment venues, in addition to all of its major convention centers and, of course, the MSG Sphere once it is completed.

Looking for relocation information on the fast-growing Las Vegas market? New home recommendations? Las Vegas apartments, condos even area nightlife and entertainment expectations? Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

LAS VEGAS, NV – Las Vegas boasts a diverse and wade array of residents, and one of the segments of this population that is growing at an especially rapid rate is Asian-American contingent; currently drawn to the Southern Nevada region from areas of the country including California, New York, and even Hawaii, Asian-Americans are making up an ever-increasing segment of Vegas’ residents due to the many opportunities that are being offered by the city’s rapidly-rebounding economy and job market.

Developers are looking to take advantage of this demographic by recently announcing an increase in construction in Vegas’ Asian-American district, particularly in the form of new retail and business-related projects on Spring Mountain Road. Recently, local dignitaries turned out for a groundbreaking event in that will signify the kick-off of work on a 33,000 square-foot plot of currently-vacant land that, once development is complete, will offer new office space, restaurants, and more to local residents.

Special effort will be given to making maximum use of the available space, the developer noted, as land is scarce for new projects in this area; Spring Mountain Road represents a very busy roadway that travels through the very heart of Vegas’ Chinatown district, and as a result conditions are tight.

The event included a festive scene as Asian-themed celebrations incorporating dancers, dragons, and authentic music ushered in the commencement of work on the project, located in the vicinity of Spring Mountain and Jones. Developers noted that the design of the upcoming business and retail complex will make use of a modern yet distinctively Asian aesthetic in an effort to attract both younger and older members of Vegas’ growing Chinese population. The new retail and business opportunities are expected to lure in one of the most desired demographics in the region – traditional families as well as tech-savvy millennials.

The new project, according to the developer, should usher in a fresh new vibe to the region and attract a younger, hipper demographic; in addition, the fresh construction and design elements should inspire neighboring businesses – including some that have become somewhat run-down over the years – to follow suit and invest in a serious facelift.

After the recent groundbreaking, project managers for the development have said that construction should start kicking into gear within several weeks. The first new business tenants are tentatively expected to move in and open their doors by December of 2019, if all goes according to plan.

LAS VEGAS, NV – After a series of construction projects throughout 2018 aimed at increasing its appeal, Lake Las Vegas has emerged at year-end as a place for people to call a full-time home, finally shedding its reputation as merely a weekend retreat for those able to afford a second home ‘away from home’.

Initially, after the Southern Nevada region began to recover from the mid-2000’s burst of the housing bubble, Lake Las Vegas was one of the slowest Master Planned Communities to show any sign of a rebound; as of 2014, developers shied away from constructing homes there initially, but as time went by and more and more demand for housing began to grip the area, builders began to give Lake Las Vegas a second look. Currently, there are now ten communities within Lake Las Vegas that have homes on the market, ranging from moderately-priced dwellings to luxury custom lots. In addition, there are even plans in the works to construct a 55+ community, slated to potentially open by the end of 2019.

Clearly, developers have turned around when it comes to what Lake Las Vegas has to offer the Southern Nevada real estate market; the 3,600-acre development – complete with a 320-acre, man-made lake – is in the midst of a construction boom, and a lot of that new success is due to efforts by owner John Paulson to change Lake Las Vegas from a vacation spot to a legitimate community where families and individuals would live year-round.

Part of the plan to rehab Lake Las Vegas’ image is to make it more family-inclusive were the development of numerous amenities that would illustrate the community as more than just a weekend resort town, and developing homes that catered to a variety of different income levels in order to make it more inclusive and attractive to buyers. As a result, more and more buyers are seeing Lake Las Vegas as a place for their primary residence as opposed to simply a getaway.

Another large factor that has opened up Lake Las Vegas to serious home buyers is the linking of U.S. Highway 95 to an extension of East Galleria Drive, opening up an easier, more direct access to retail shopping and entertainment options for residents. In addition, the construction and opening of Stevens Elementary School along that route has also proven to be an allure for families with children. The addition of new businesses such as a supermarket and sports club have also helped to draw new buyers in.

Indeed, things at Lake Las Vegas as 2018 comes to a close have taken a 180 degree turn over the previous year; whereas the region was formerly seen as a weekend retreat for wealthy individuals, Lake Las Vegas is now a permanent home to more and more people than ever before. In fact, many individuals are purchasing homes there and turning to areas such as Utah and Idaho for second home options. And as more development continues as Lake Las Vegas, its reputation is expected to continue to draw in buyers looking to make it their primary residence.

If you are considering relocating in or around the Las Vegas area, which clearly is experiencing huge growth and a booming job market,  give us a call at 702.376.7379 so we can answer any real estate and home relocation questions you may have.