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Category Archive : Development

Early morning view of new neighborhoods and Route 215 from the top of Lone Mountain in Northwest Las Vegas.

Ground Broken on North Las Vegas-Based 74-Unit Senior Housing Community

LAS VEGAS, NV – Recently, ground was broken on PuraVida Senior Living, a new senior housing community in North Las Vegas that is being brought to live via a joint venture between Foresight Housing Partners and nonprofit partner HopeLink of Southern Nevada.

Situated next to Lake Mead West Apartments PuraVida Senior Living will be located upon 3.89 acres of land and will consist of 74 single-story units spread out across 14 buildings. North Las Vegas is in dire need of more supportive housing options for their elderly population to be able to age in place and live independently, and PuraVida will help in addressing that shortcoming.

PuraVida is being paid for by numerous sources, such as HOME MEANS Nevada – American Rescue Plan Act (ARPA) funds, Southern Nevada Region Housing Authority project-based vouchers, HOME Grants, and contributions from the project’s developers.

In addition to housing, the PuraVida will also offer a slew of amenities for their residents, such as a community center with a full kitchen, a dog park, unit gardens, open green space and outdoor pickleball courts. Also, the community is specifically located near public transportation routes in an effort to help senior residents get around easily, as well as major retail and shopping options such as Wal-Mart. There are also numerous local employers in the area in case any residents are looking for work.

On-site supportive services will be readily available, including full-time case managers, weekend and holiday staffing, resident engagement programming, and access to health care services as well as other services.

Hassan Chaudhry, President of Foresight Housing Partners, said that no stone was left unturned when it comes to providing for the needs of PuraVida’s residents.

PuraVida Senior Living will provide much-needed, supportive housing to seniors in North Las Vegas,” he said. “This project is designed to not only provide accessible and safe housing, but to create a vibrant community for our senior residents with the support and amenities they deserve.”

Development of PuraVida Senior Living is scheduled to be finished by fall 2026.

File photo: Deek, licensed.

Las Vegas to Approve Zoning Changes to Develop Desert Pines Golf Club Into Affordable Housing Development

LAS VEGAS, NV – In a move to address the housing crisis in Southern Nevada, the Las Vegas City Council will be reviewing potential zoning changes this week that, if approved, will convert the Desert Pines Golf Club into the largest affordable housing project in the history of the state of Nevada.

In November 2024, a $25 million loan was approved by the Nevada State Infrastructure Bank to finance the initial phase of the redevelopment of the Desert Pines Golf Club to convert the property into a master-planned community dubbed “Desert Pines,” which will be comprised of 1,082 affordable multifamily housing units and 280 market-rate housing units.

In addition, the Desert Pines community will also offer a 10,000-square-foot community center, a 10,000-square-foot early education center, a 30,000-square-foot job training center and 75,000 square feet of commercial space.

The city of Las Vegas owns the 100-acre property that the golf club currently occupies. The Las Vegas City Council announced they will allow the club – located at East Bonanza Road and North Pecos Road along Interstate 11 in the east valley – to continue to operate as normal until the Desert Pines Redevelopment Project is ready to commence construction.

The $25 million loan will be to finance the project’s initial infrastructure, work which will be carried out by the not-for-profit group Urban Strategies and developer McCormack Baron Salazar. However, the main thrust of Desert Pines’ development will be a broad partnership between multiple entities, including the state of Nevada, the city of Las Vegas, Clark County, the AFL-CIO Housing Investment Trust and the Southern Nevada Building Trades Unions.

The development will be carried out in phases, with the first one slated to cost $54.3 million; the overall total cost of the project is anticipated to come in at approximately $450 million, and will provide thousands of jobs throughout its construction.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

tariffs Editorial credit: Robert V Schwemmer / Shutterstock.com

Las Vegas Valley Real Estate Industry Already Feeling Impact of New Tariffs

LAS VEGAS, NV – The impact of the tariffs instituted by upon Mexico, Canada, and China have already been experienced by the real estate industry in the Las Vegas Valley, causing difficulties for some developers who are now encountering elevated building costs.

Nigro Construction – which has operated in Southern Nevada for four decades, focusing mainly on health care, retail and industrial projects – is one such company, with the commercial contractor’s Vice President of Business Development and Project Management, Cory Frank, noting that they are currently paying more for various building supplies than before.

However, Frank said that costs are rising and falling depending on the circumstances of each project, causing a sense of uncertainty in the industry.

In the Las Vegas commercial construction industry, we’re directly feeling the impact of tariffs on steel and aluminum, both of which come from Mexico and Canada,” he said. “While this is a dynamic situation that continues to change, our subcontractors are currently seeing anywhere from 10-15 percent increases in material costs, with some projections reaching 20-25 percent in the next few weeks.”

Two of the United States’ primary trading partners, Canada and Mexico, have had tariffs on various materials and goods as high as 25 percent imposed upon them by the Trump Admin, with China currently having 10 percent tariffs on certain goods.

Two of the industries in the U.S. that are expected to experience the impact of the tariffs the most are automotive and construction, due to the fact that their main supply chains emanate from the nation’s immediate neighbors to the north and south.

However, Frank said that the construction industry is attempting to roll with the punches and adapt to the increasing costs of doing business by working smarter, not harder.

These increases are impacting budgeting and project timelines, but as a contractor, our priority is making financially responsible choices that help our clients save as much as possible while keeping projects on track,” Frank said. “While tariffs are pushing costs higher, we and our subcontractors are doing our best to stay ahead of them by planning purchases in advance and making smart sourcing decisions.”

Experts note that the tariffs may have a greater impact upon multifamily projects in Las Vegas – as opposed to commercial ones – due to the different materials required, potentially resulting in higher price increases and/or cancellation of projects, which could put a strain on a market already dealing with insufficient housing supply.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

Augmented Reality

New Las Vegas AI-Powered Hotel & Apartment Complex Taking Reservations, Leases June 1

LAS VEGAS, NV – The Otonomus Hotel – which will be opening their doors for business this upcoming June for both short-term reservations and long-term leases – will be offering guests a unique way to ensure a memorable stay each and every time they come: utilizing artificial intelligence (AI) to customize and enhance their experience to their exact needs and wants.

The AI-powered hotel and apartment complex – located off the Las Vegas Strip in the vicinity of Allegiant Stadium at the intersection of West Russell Road and South Decatur Boulevard – has started taking bookings for their June 1 opening date.

For those looking to book a short-term stay, prices begin at $329 for a double queen, one-bedroom, fully-furnished residence, with each unit coming with a full kitchen and living space; a 30 percent discount is available for a limited time.

And for those who are looking to become tenants, they will be able to sign a standard 12-month lease for a one bedroom, one bath, 872 square-foot apartment with a starting price of $1,950 per month; two- and three-bedroom apartments are up for grabs as well if a tenant needs more living space.

The “Class A” Otonomus Hotel has 303 units and approximately 1,100 beds – all situated on a 13-acre plot of land – and is comprised of 60 percent hotel rooms and 40 percent apartments. All rooms will boast interconnectivity via a series of doors that can be locked or unlocked by the hotel’s AI algorithm, allowing guests to book the exact number and configuration of rooms they want for their stay, from just one single room all the way up to a six-bedroom penthouse.

The AI – via a downloadable mobile app – will also function as a “personal assistant” that can be used to request cleaning, as well as ordering food, extra towels or toiletries to your room; the requested items will be delivered via a two-way cabinet by the main door of your room, known as an “E-Butler.”

In addition, the AI will keep a permanent record of the guest’s preferences, so if they return even years later, their room will automatically remember the same exact temperature and language preferences, how they take their coffee, food likes/dislikes, and other settings as before, as well as being able to offer personalized entertainment and even the ability to check in and out through their phone.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

Construction File photo: Sravan Karayil, licensed.

Construction on Two New Apartment Complexes Underway in Las Vegas Arts District

LAS VEGAS, NV – Formerly a quiet neighborhood free of the hustle and bustle of the Las Vegas Strip, the city’s Arts District is now seeing an uptick in foot traffic and activity as two new apartment complexes are currently under construction, with both slated to open next year.

A 337-unit apartment building is currently in the works, courtesy of developer Southern Land Company of Nashville, Tennessee. Located at the intersection of California Avenue and Third Street, the currently-unnamed project will be comprised of three seven-story buildings upon completion, and will offer a two-story fitness center and rooftop deck, in addition to ground-floor commercial and retail space.

According to Alex Woodin, Southern Land Company’s Development Manager, the complex is scheduled to open its doors for business early in 2026.

The second apartment building project that is currently under construction in the Arts District is situated at the corner of Commerce Street and Imperial Avenue, and upon completion will offer 311 apartment units and ground-floor commercial space, as well as tenant amenities such as a large fitness center and resort-style spa facilities that will include saunas.

According to co-developers Cedar Street Companies out of Chicago, Illinois and Bridge Investment Group of Salt Lake City, Utah, the project – which is also currently unnamed – is anticipated to open in the middle of next year.

For a number of years, the Arts District was one of the quieter areas of Las Vegas, with numerous vacant storefronts, empty plots of land, and a general lack of foot traffic; however, recently the neighborhood has seen an influx of businesses – including restaurants, coffee shops, and retail shops – that have attracted more and more people.

And with the Arts District’s growing popularity have come higher rents, not to mention the need for more housing options, which these two in-development projects should help to address.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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 High-Rise

1,500-Unit Luxury Housing Development to be Built on Former Las Vegas Badlands Golf Course

LAS VEGAS, NV – Following almost ten years of legal wrangling back-and-forth with the property’s now soon-to-be former owner, the Las Vegas City Council last Wednesday approved a plan to build a nearly 1,500-unit, upscale housing development on the grounds of the former Badlands golf course, despite staunch opposition from the residents of an adjacent neighborhood.

The council gave the thumbs-up to the project on a vote of 6-0. The greenlight has thus been given for developer Lennar Homes to proceed with their plan to construct 1,480 luxury homes, townhomes and condominiums on the 250-acre defunct golf course property.

With great pleasure, I move to approve,” said Councilwoman Victoria Seaman. “I’m just grateful that we’re here, all those months of negotiation and we’ve come together this far.”

The vote on Wednesday brought a close to a nearly decade-long saga that saw great opposition by the residents of the nearby Queensridge neighborhood regarding how the property was slated to be developed; in addition, the council also had numerous legal clashes with EHB Cos. CEO Yohan Lowie, the former owner of the property that had attempted to develop housing there himself.

The council had blocked Lowie from developing housing on the course, and in turn Lowie and EHB filed a lawsuit, claiming that the city “took” the land from him. The courts agreed with Lowie, and a $286 million settlement was reached that involved the city purchasing the Badlands property from EHB for $636 million; Lennar Homes will pay the city $350 million for the land, and the remining $286 million balance will be paid by the city to EHB to satisfy the terms of the settlement.

As for the opposition of the Queensridge residents to the project, reports indicate they had expressed concerns about density, traffic and the number of schools in the area, and decried the lack of involvement they had in the decision-making process; another lawsuit is reportedly being considered.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

America First Center ice rink

The Watermark, Henderson Mixed-Use Apartment Complex Mired in Bankruptcy, Finally Resumes Construction

LAS VEGAS, NV – A mixed-use apartment complex in downtown Henderson that was aborted mix-construction and has since sat dormant while its developers were mired in bankruptcy proceedings has ben given a new lease on life in the form of new funding, and is now expected to be completed by the end of 2025.

The Watermark, located at 212 South Water Street, will resume construction after its project developer, Strada Development Group, received nearly $28 million in new funding, with the revised completion date now slated for the end of May.

The $65 million complex, located across from the America First Center ice rink, will take the form of a 151-unit apartment complex that will also incorporate 30,000 square feet of commercial and retail space.

The resurrection of The Watermark comes after construction was halted last year due to lawsuits and, ultimately, a declaration of bankruptcy. However, after the developers managed to close on a $27.9 million loan – as per a filing with the U.S. Bankruptcy Court in Las Vegas – lead contractor Gillett Construction issued a press release earlier this week announcing that the project will now be “officially moving forward.”

The Watermark is a vital project for Henderson, and we are thrilled to see it moving forward again,” Gillett owner Darren Gillett said.

An owner’s representative has been appointed to ensure oversight of the project and to make sure that all project timelines are adhered to; construction is anticipated to be finished in late spring to early summer, according to the release.

The 1.2-acre plot of land for the project was originally purchased from the city of Henderson’s Redevelopment Agency in 2020 and later broke ground in 2021. However, cost increases and supply-chain shortages drove up development costs by over 20 percent, and lawsuits filed by the contractor – alleging non-payment of more than $11 million – as well as one of their lenders ultimately drove the project into bankruptcy until now.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

North Las Vegas

Growth Spurt: North Las Vegas Housing Stock Increases 50 Percent in Last Two Decades

LAS VEGAS, NV – North Las Vegas has been experiencing a boom when it comes to the number of residential homes available over the course off the past 20 years, with U.S. Census Bureau data predicting the city’s population could reach as many as 400,000 people by 2050.

Since 2005, the municipality – which currently boasts 290,144 residents – has seen a 50 percent increase in the amount of available single-family homes within its borders, which amounts to 40,000 units having been added during that span of time. North Las Vegas’ Director of Land Development and Community Services, Alfredo Melesio, notes that the “tremendous growth” the city has experienced could be contributed to a number of factors.

For more than a decade, we have consistently looked for ways to improve and streamline our development processes,” Melesio said. “By moving at the speed of business and maintaining direct communication with developers, we’ve capitalized on the region’s strong growth while ensuring thoughtful community development. Our team works closely with builders and developers to provide answers and solutions, making the development process as efficient as possible.”

When the total amount of housing options is taken into account, North Las Vegas’ growth over the past 20 years is even more impressive; in 2005, the city had 44,882 single-family homes, 3,714 duplexs, 838 mobile homes, 5,949 apartments, 1,025 townhomes and 1,560 condominiums, for a total of 57,968 units overall. Fast-forward to the end of 2024, and there were 73,310 homes, 5,010 duplexs, 771 mobile homes, 12,072 apartments, 3,819 townhomes and 2,217 condos for an overall total of 97,199 units, which represents an impressive increase of 67 percent.

Melesio said that North Las Vegas’ population boom can also be attributed to the growth of its industrial and retail sectors, as well as having cultivated a reputation for being business and developer-friendly, a status that city leaders are working hard to maintain and grow even further.

Right now, we’re focused on transforming neighborhoods and building community spaces that make North Las Vegas a destination where people want to live,” he said. “Our vision extends beyond new buildings, we want to create vibrant neighborhoods where residents can work, live and gather.”

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

Summerlin

Japanese Developer to Build Summerlin West Luxury Community; Home Prices Starting at $1.4M

LAS VEGAS, NV – Summerlin West, a master-planned community located in the western part of the Las Vegas Valley, will soon be welcoming a new community within its borders in the form of a pricey, ultra-luxury neighborhood, thanks to a Japanese developer.

The fifth-largest homebuilder in the United States, Sekisui House, will be selling Shawood-branded homes in Summerlin West’s new Arcadia community at the northwest corner of Sky Vista and Fox Hill drives. Home sales are set to start on March 1, with prices to range between $1.4 million and $1,6 million, according to the developer.

The project, Sekisui House’s first-ever endeavor in Las Vegas, initially began construction in July.

The homes that will be on offer in the community will comes in three different layouts with three- and four-bedroom configurations, and will range in size from 3,176 to 3,399 square feet.

The residences will have “Zero Energy” classification, which denotes a structure with net zero energy consumption, meaning the total amount of energy used by the building on an annual basis is equal to the amount of renewable energy created either on or off the site utilizing technology such as heat pumps, high efficiency windows and insulation, and solar panels.

In addition, in a clear nod to the developer’s Japanese roots, the homes will have a “Kokage lounge” option; according to the Shawood website, “the Japanese word Kokage means ‘under the shade of the big tree,’ and the lounge features soaring ceilings, expansive glass doors, and sloping eaves reminiscent of radiating branches, filling your home with light, air, and tranquility. A perfect place for connection and reflection.”

In 2024, Summerlin was ranked by national real estate consultant RCLCO 5th in the nation among best-selling master planned communities, having sold 1.055 homes last year.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

Summerlin Nevada

Homebuilder Taylor Morrison to Develop Nearly 400 New Homes in Summerlin West

LAS VEGAS, NV – A new community comprised of nearly 400 new homes is slated to be developed on an 88-acre plot of land along Lake Mead Boulevard in the Las Vegas neighborhood of Summerlin West by homebuilder Taylor Morrison, one of the largest such companies in the United States.

The resort living community, dubbed Esplande at Summerlin, is to be made up of 398 homes ranging in size from 1,500 to 3,200 square feet. Construction is scheduled to commence in the first quarter of 2026, followed by sales of the residences beginning in the second quarter of the same year, according to an announcement made by the Scottsdale, Arizona-based developer.

Upon completion, Esplande at Summerlin will boast numerous high-end perks and amenities for its residents, including a 10,000-square-foot clubhouse with a restaurant, spa, golf simulator, fitness center, pool, pickleball courts; in addition, there will also be walking trails with scenic views.

In September, the 88 acres for this project – originally owned by Summerlin’s developer, Howard Hughes, and spread out over three parcels of land – were bought for $107 million by a land banker representing Taylor Morrison.

The company’s Las Vegas Division President, Kent Lay, said that Esplande at Summerlin will evoke the modern, tropical feel of California’s Plam Springs, a lush city known for its hot springs, stylish hotels, golf courses and spas.

We are looking forward to bringing new housing to the Summerlin area and expanding our Esplanade brand to the Las Vegas market, while providing residents with signature resort-style amenities and wellness programs,” Lay said.

There’s a very good reason why Summerlin is a hotbed of activity when it comes to developers; according to a report released by national real estate consultant RCLCO, it ranked fifth nationwide in 2024 in terms of best-selling master planned communities, having sold an impressive 1,055 homes during the span of that year.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

luxury apartment

Calida Group Buys 13-Acre Parcel Next to Las Vegas Durango for $18M; Plans Luxury Apartments

LAS VEGAS, NV – The Calida Group, a multifamily real estate development and investment firm based out of Clark County, has closed on a purchase of a parcel of land in the southwest Las Vegas Valley next to a prominent hotel, with plans to begin building a luxury apartment complex starting in late 2025.

The purchase takes the form of a 13.2-acre parcel next to the Durango Resort located in the vicinity of Durango Drive and the 215 Beltway, with the Calida Group paying approximately $18.3 million to Las Vegas apartment developer Ovation for the property, according to records.

The developer has announced plans to hold the official groundbreaking on the project early this upcoming spring, with the facility boasting 393 upscale apartment units spread out over a four-story Ainsley-branded building, which is set to include “ultra-modern designer fixtures, timeless hardware and luxurious amenities.”

Calida’s Co-Founder, Doug Eisner, noted that the currently-unnamed project will have a slew of high-end amenities for tenants that fall in-line with other neighboring properties that the firm has built in Las Vegas, such as a game lounge with billiards and shuffleboard, in addition to a gym, sauna, yoga studio, Himalayan salt cave and massage and steam rooms.

In addition to all of the upscale trappings and perks of living in the new facility, one of the main draws, according to Eisner, will be the location of the apartment complex, which is in an up-and-coming part of the valley that is within walking distance of the Durango and its plethora of food and entertainment offerings.

“We think it’s a huge amenity,” Eisner said.

Units at the upcoming complex will range from 575 to 1,450 square feet, with monthly rent expected to be between $1,700 to $3,200 per month, according to the Calida Group.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.

The Mirage and west of Treasure Island Editorial credit: Oleg Kovtun Hydrobio / Shutterstock.com

KDH Hotel Project to Move Forward in 2025 After Advisory Board Approval

LAS VEGAS, NV – A high-rise hotel project proposed near the Las Vegas Strip that would cater exclusively to the Jewish community is expected to move forward in 2025 after being recommended for approval by the Paradise Town Advisory Board, according to reports.

Slated to be built at 3601 Vegas Plaza Drive according to documents submitted to Clark County, the 42-story, 648-foot-tall KDH Hotel – formerly known as the King David Hotel – would be located directly to the north of The Mirage and west of Treasure Island. The hotel would include 486 rooms, banquet halls, a day spa, a two-level synagogue, kosher meals, restaurants, bars, a banquet facility, retail and convention space, all situated within short walking distance of Las Vegas Boulevard.

Following the 3-1 recommendation vote for approval by the Advisory Board on December 11, the next step for the KDH Hotel is for the developers to go before the Clark County Commission for review on January 8; potential hurdles include the outcomes of traffic and drainage studies, in addition to aligning the proposed height of the building in accordance with Federal Aviation Administration regulations.

Or Bamidbar Chabad Sephardic Synagogue Rabbi Yossi Shuchat said that he was very happy that there would be an establishment in the heart of the city where the Jewish community – in addition to the many Jewish tourists that visit Vegas every year – would feel welcomed and safe.

I think it is a great place. Anywhere near the Strip would be great because that is where all the conventions happen,” he said. “On the Sabbath, we are not allowed to drive. So religious people, they walk to the synagogue. Also, there are a lot of restrictions using electricity on the Sabbath. So, people have issues with electronic keys for the rooms so if there is a hotel that would work with them and have regular keys and everything that is needed it will be much more comfortable for them.”

However, the KDH Hotel project has received pushback from a neighboring resort-casino; Treasure Island General Counsel Brad testified at last month’s Advisory Board meeting that “the project will have adverse impacts on surrounding properties due to increased traffic and heavy polluting.”

Food deliveries, linen and sundries, retail items, etc, require access to the property,” he said. “I have heard during an in-depth screening for a few board members that a large building on a small parcel will have an impact on its neighbors. I would like to note that that is exactly what this is. We also believe that the inability to stage construction vehicles onsite while building this tower will create massive problems and negatively impact ingress and egress on the North Strip.”

If all goes well at this week’s Clark County Commission meeting, construction on the project could commence later this year.

Shelter Realty Property Management specializes in the areas of  HendersonLas 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.