Excitement builds in Summerlin!

Shoppes at Summerlin

Shoppes at Summerlin
After an almost three-year hiatus (work stoppage), I have heard that the Shoppes at Summerlin has obtained building permits to resume construction on this 1$ Billion Dollar lifestyle mall!  My post of September 4, 2008 detailed why the work was stopped and that it was predicted to restart in one year. 
Almost three years later, I have learned that the permits were pulled and that they have six months to restart work.  I am sure that they will have a grand re-ground breaking ceremony or announcement and or celebration to mark the occasion which I will absolutely cover here! Resumption and soon subsequent completion of the Lifetime Fitness Diamond facility in Summerlin Centre  is underway with completion on May 15,2011.  This should be a good indication of demand for higher end products and services which should be a signal for the Howard Hughes Corporation to pull the trigger and restart the Shoppes! 
 
Restarting construction of the Shoppes is a big milestone for the area because the closest mall, The Meadows, is around 30 years old and the Fashion Show on the Strip is around a 25 minute drive.  We are in need of an upscale shopping experience close to Summerlin!  Completion of the Shoppes will take about 2 1/2 years when most predict economic conditions will be greatly improved from today.  The Shoppes will be an 1.6 million square feet  outdoor, regional mall with committed tenants including Nordstrom, Dillard’s, Macy’s and Crate and Barrel.  This will be a fabulous addition to the area and will be great for area real estate values as well.    When  people from around  the Valley and out-of-town see this incredible development and how it is so close to the homes in the area, I believe it will increase sales and values!   What do you think?  Please leave me a comment or two and contact me for more information about Summerlin Real Estate!

Shoppes at Summerlin

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Exciting Summerlin News!!

Big moves have been happening all over the Las Vegas Valley with lots of land being bought up by home builders and commercial developers!  In the last couple of weeks the Howard Hughes Company, a subsidiary of General Growth Properties announced new land sales in the Summerlin area.  A recent article in the Las Vegas Sun detailed that 503 finished lots are being sold to Pulte Homes and Richmond American Homes in the Mesas Village in Summerlin.  In addition to these residential lots, a 7.21 acre parcel is in the process of being sold to commercial developers to construct a in-line strip center focusing on Luxury Car Dealerships and two restaurants.  Summerlin’s top executive, Kevin Orrock said that the time is right for Summerlin to resume development. 

The most exciting news is that GGP recently signaled its intent to sell land to a high-tech manufacturer that will bring thousands of jobs to the region.  This manufacturer was not named in the Sun article but it appears to be the billionaire founder and CEO of Red Digital Camera Jim Jannard, founder of Oakley, Inc. won zoning changes to build an 80 acre high-end digital movie camera manufacturing plant, sound studios and homes for himself, actors and others from the movie industry.  This will eventually employ 1000-2000 and could create several support businesses to serve this huge complex!  This is all great news that will add many jobs and contribute to our local economy!  Feel free to leave a comment or question! 

 

The return of Mira Villa!

Mira Villa

Mira Villa

The long awaited and much talked about Mira Villa condominiums in Summerlin was recently opened for sales.  This community started pre-sales about four years ago and was under construction until litigation halted progress.  From what I understand, the development group had financing issues and ultimately filed for bankrupcy protection which collected the builder, Westmark Homes in the process.  This was unfortunate because Westmark is a quality, local builder that as a result of the litigation has halted construction of Coronado in the Paseos and Montechiro. 
Mira Villa

Mira Villa

These are large homes.  They start around 2000 square feet to 4000 square feet and are located near the JW Marriott on the TPC Las Vegas Course.  All of the homes are one level,  have two car garages, private elevators and large verandas.  The common ammenities include a state of the art gym, barbecue ramadas firepits and hottubs.  The location provides a tranquil setting and ideal place to take in the  tremendous views of Red Rock Canyon and the beautiful environs of Summerlin.  These homes start in the $400,000’s  and if you are interested in touring this community just call or email me!  As always remember to visit Vegasdreamsellers.com and don’t forget to ask questions or leave me a comment or two! 

America’s Biggest Open House This Weekend In Summerlin of course!

America's Biggest Open House

America's Biggest Open House

Well its back America’s Biggest Open House this weekend in Summerlin!  This is a great event for those who are not as familar with Summerlin as those of us who live here because all of the model homes in all of the communities are open for viewing.  This is a great opportunity to view all of the new construction homes modeled by the builders and have a chance to win prizes while doing it!  If you visit all of the models you get a chance to win a $500 American Express gift card to any General Growth Mall Property and smaller prizes like a $200 gift card for a nights stay for two at the Red Rock Resort, $150 for the fabulous Vinter Grill Restaurant and memberships for the Friends of Red Rock Canyon and a guided hike in the canyon.  
In addition the various builders will have Open House specials and incentives good for only this weekend so if you are thinking about buying a new home this is the weekend to shop!  I am also getting into the Open House spirit and if you contact me it would be my pleasure to give you a guided tour of the community as well as the model homes!  Just give me a call and we will set up a time!  Thank you so much for reading, leave comments and as always visit: Vegasdreamsellers.com

New Residential Opportunities in Summerlin!

Boulder Ridge by Christopher Homes

 

 

I recently toured the models at Boulder Ridge by Christopher Homeslocated in the Fabulous Ridges Village in Summerlin.  The Ridges is a large multi-neighborhood, guard-gated custom home community which was named the Third Most Expensive Gated Community In the US by Forbes.com.  Christopher homes is building this small neighborhood of 46 Frank Lloydesq palaces nestled in the hillside bordering the Red Rock Canyon National Conversation Area to the west and the glittering Las Vegas Strip to the East.  Bordering Red Rock is a very uncommon and rare feature of these beautiful homes because nothing will be built behind this community, so put on your hiking boots and grab the Camelback and enjoy hiking in one of the most spectacular places in the world right from your back yard gate!

Christopher Homes is taking the headache out of building a custom home in Boulder Ridge but still allowing buyers the flexibility to customize the home to match their uses and tastes!   The design is contemporary and they are so full of features they are hard to describe.  These home are perfect for entertaining or large family because they have huge kitchens with two of everything, butlers pantries and formal dining rooms.  The floorplans have large open areas that can be customized as family or living rooms or home theaters. 

Torino Model

Torino Model

Villa Trieste by Pulte Homes located in Summerlin Centre.  Pulte has done a fabulous job of designing and building LEED Certified homes here in Las Vegas!  These are very energy efficient and incorporate roof tile solar power units, tankless water heaters, bi-flush toilets, high efficiency a/c units and the Pulte insulation and quality we expect.  These homes are located in a small neighborhood in West Park in Summerlin Centre directly to the west from the Red Rock Resort and the now stalled Shoppes at Summerlin Centre. 
These are VERY UNIQUE HOMES that are different from every product available in Las Vegas at this time!  What makes them different is the power generating capability of the solar cells and all of the energy and water conserving features that are all part of the base price of the homes in addition to courtyards and small, low maintenance rear yards with just enough space for a small barbecue or cocktail party.  So the bottom line is dramatic energy savings,  high quality construction, appealing, well designed floorplans in a very low maintenance, efficient package!  Best of all, these homes start in the low $200,000s (prices not currently available for new single family residences) and will be within walking distance to the new mall!  What a tremendous opportunity this is for primary residents, a second or vacation home or even as  an investment property!  It would be my pleasure to answer any questions you may have so leave me a comment, contact me directly or visit Vegasdreamsellers.com!

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!

I just toured a new Luxury Condominium project called Montechiro.

I toured a new luxury 55 and over condominium community being built in Summerlin by Westmark Homes.  It is called Montechiro and the current pricing starts around $350,000 for a 1400 square foot two bedroom and goes up to $800,000 for a 2900 square foot 2 bedroom.  The community center and two of the initial buildings are under construction with the first building being ready for move ins in July 2008.  The community center is large and has both indoor and outdoor pools, an exercise room, steam and sauna, a large game room and much more.  The units are spacious and some units have 10ft ceilings, large outdoor decks, gourmet kitchens, elevators, and some have great views of the Fabulous Las Vegas Strip!

Montechiro is a great solution for the active lifestyle adult- please feel free to leave me a comment and visit my real estate website vegasdreamsellers.com

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