67°F
weather icon Cloudy

Del Webb plans 125-acre project at Lake Las Vegas

Del Webb, developer of the 55-and-over Sun City communities, has unveiled plans for its first project in the Las Vegas Valley in more than a decade.

The developer said Tuesday it expects to break ground in November on Del Webb at Lake Las Vegas, a 125-acre gated community in Henderson.

The 55-and-over project will feature 461 single-family houses ranging from 1,500 to 2,800 square feet, as well as a 10,000-square-foot clubhouse, pickleball, bocce ball courts and other amenities.

Del Webb, owned by Atlanta-based homebuilder PulteGroup, did not provide home prices in the news release.

Spanning 3,600 acres, the faux-Mediterranean community of Lake Las Vegas boasts mansions, luxury hotels, golfing, retail and a 320-acre man-made lake.

After the mid-2000s bubble burst, it was one of the hardest-hit projects in one of the hardest-hit regions of the country. Tourism dried up, golf courses closed and turned brown, and even a man-made waterfall was turned off.

Lake Las Vegas has made headway under New York hedge-fund billionaire John Paulson, who acquired about 1,000 acres there after the market crashed.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

MOST READ Business
Exco Sidebar
Don't miss the big stories. Like us on Facebook.
MORE STORIES
THE LATEST
 
How much did a house cost in Las Vegas before the pandemic?

Las Vegas Realtors data shows the median sale price has risen more than $160,000 since December 2019 — before the COVID pandemic swept across the globe.

 
More than 1,400 new homes planned for North Las Vegas

KB Home has purchased over 200 acres of land in North Las Vegas and plans to build a community of new homes for first-time homebuyers.

Jerry Lewis’ Las Vegas home sells again

Jerry Lewis’ former house has sold again, adding to a long list of transactions related to the property over the past few years.