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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2 Responses

  1. Thank you soooo much for the positive comment. I am not sure if you, as well as other have noticed, but the review journal always misleads and places a negative spin on valley news in hopes of selling more papers. They do not however realize what that false negative feedback accomplishes negatively on our economy.

    Thank you tons. Finally a voice of reason. Summerlin does have a VERY positive outlook even if it is slightly slowed by economic conditions nationwide.

  2. Thank you for the comment Gary! I will be writing a post on this subject in the near future but the media has continued to put a negative spin on anything to do with the local real estate market. Maybe they are out buying property and want to keep values as low as possible! I still feel that of all of the places to live in Las Vegas Summerlin is the best! Thank you very much for the positive comment and I hope that you enjoy reading my blog in the future!

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