I have been proudly selling Summerlin homes for a long time, and I have worked with many of the home builders who are selling in Summerlin. Last week the Howard Hughes Corporation invited me to attend an informational event to let myself and other agents know what’s going on and what’s coming up in Summerlin. The plans that have been made by the HHC to continue developing Summerlin are simply incredible. Although the recession slowed down the development of the remaining 7,400 acres that belong to HHC, what is yet to come is going to be a major boost to the local economy. HCC shared a lot of already approved plans for several areas that are either under land development or are slated to be commenced in the very near future. The downtown Summerlin you see today is only a small portion of what the finished project will look like once it is completed. The remaining empty land that you see between Town Center and Red Rock Casino and between Sahara and Charleston is going to be a mixed use of residential and shopping areas, a vibrant 400-acre urban center in the heart of Summerlin. It features a 106-acre outdoor, pedestrian-friendly fashion, dining and entertainment destination along with Class A office and urban style residential opportunities. There will be low-rise condo/townhouses mixed with shops and retailers, something similar to the District but in a larger scale. Plenty of pedestrian areas and walkways will be developed to encourage people to live and shop where they reside and limit the need to use a car for basic things like grocery shopping. Also, the training facility for the new Las Vegas Hockey team will be located in this area. The ice rink will also be available for residents to use.
The blueprints we saw show a diverse use of the land by incorporating a lot of things into this urban area. Rather than having to reach multiple areas of town for your daily needs, residents will enjoy world-class amenities and living areas. A concept that we still haven’t seen being developed in Vegas. If you think Vegas is the place of cookie cutter homes, think again – this new Summerlin development will blow your mind away. Any existing real estate surrounding this area should see a major boost in value. If you were thinking about moving to Summerlin, start looking into this area.
You might not know this but the western boundary of the 22,400 parcel of land purchased by Howard Hughes was originally located west of the Red Rock visitor’s center. HCC decided that it was not a good idea to develop the land in a pristine location like Red Rock so he donated some the land closer to Red Rock back to the BLM with the condition that no urban development was ever going to be built there. In addition, HCC recently managed a land swap with the BLM to further reduce the encroachment of future homes near Red Rock. In return for this additional land, the BLM granted HCC some other land in the Southwest to continue building new neighborhoods. One of the new neighborhoods is the result of the partnership between HCC and Discovery Land to develop a new neighborhood called The Summit across from the Siena 55+ community. The Summit Club is a private club community located on 555 acres with a Tom Fazio designed course and world class amenities. The Summit Club will be the only truly ultra-private golf community in Las Vegas. Only 280 luxury homes will be built in this neighborhood, and the lots alone are selling between 3 and 10 million, so you might to hurry up because they are almost sold out.
The land that the BLM granted in the swap deal will be home to a new Summerlin Village called the Cliffs which is already under construction – the first homes have already been delivered to new homeowners. A new clubhouse complete of pools and recreation parks is already under construction. Two new elementary schools are being built as we speak and this will reduce the congestion on some of the existing schools. Several places of worship are being added to the new areas – although we were not told about a specific time frame for the completion.
We also saw plans for the area nestled between the Paseos/Vistas neighborhoods and the western mountains. The Summerlin Parkway and Far hills will be joined at the top forming a loop. There will be some spectacular view homes built in this area because of the 4500 ft. elevation. These plans are still a few years away but they are definitely happening. Summerlin has lots of new and resale homes available today and prices are still very affordable compared to Southern California, plan your move today.