Sales of Homes, Land Continue to Soar in Summerlin

Summerlin, the largest master-planned community in the Las Vegas Valley, is experiencing rapid growth as land and home sales continue to climb across the community. In its recent report, Summerlin developer Howard Hughes Corp. posted a $7.3 million dollar profit, up from a loss of $49.4 million at this time last year. Aside from residential property, developers are also constructing the Shops at Summerlin, a 1.6 million square-foot retail and office complex near Red Rock Resort. The Shops at Summerlin are expected to open in fall 2014.

Link to the article:
http://www.vegasinc.com/news/2013/nov/07/sales-homes-land-continue-soar-summerlin/

Photo: STEVE MARCUS
Source: VEGASINC.com