SDRP > In the News > New 14-Acre Residential Development in Summerlin Planned by Lennar

New 14-Acre Residential Development in Summerlin Planned by Lennar

One of the largest homebuilders in the United States, Lennar, plans to build a new 79-lot single-family residential development in the Summerlin community of Las Vegas. The Las Vegas Planning Commission is expected to approve the 14-acre project sometime this week. As of now there is no timeline revealed for construction. The project will be located west of the 215 Beltway and just south of Lake Mead Boulevard. South of the development is a large plot of federal land that will likely be mixed-use development geared more towards the residential side. It is said to be going up for auction this upcoming fall. Summerlin has been among the top-selling spots in the nation for homebuilders as it was ranked number 5 in a mid-year report by Maryland-based RCLCO Real Estate Consulting with 544 home sales through June.

Read more here:
https://www.reviewjournal.com/business/housing/one-of-nations-biggest-homebuilders-planning-new-summerlin-subdivision-2882483/