Summerlin Mall Update!

Summerlin Centre Mall Under Construction

This is a photo I recently took of the construction activity on the Summerlin Centre Mall located at the 215 and Sahara in Summerlin.  The Las Vegas Review Journal reported that the mall would be delayed by one year due to the fact that only about 50% of the rentable space had been leased.  Construction has not been halted, only slowed which in my opinion, is good news because it shows activity and ongoing construction progress.  Also under construction in Summerlin Center is Minnesota based Lifetime Athletic,  an upscale health club chain that will bring the residents of this area a much needed amenity.  I am looking forward to the completion of both of these projects and I feel that when the economy starts to recover next year that we will see an increase in leasing activity at Summerlin Centre and the construction will accelerate so that we see a grand opening in the first half of 2010.  This mall will be a great addition to the area as an amenity but will also be a big positive to the Summerlin real estate market!  You heard it here!

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