Building Nevada Briefs - February 2007

Building Nevada Briefs

Carson City’s First Mixed-Use Development

Landmark Communities recently announced their new project, Mills Landing, will be built in Carson City. The project, located at State Street and Highway 50, will be a 10-acre, 94-unit residential community surrounded by a blend of open space and retail shops and services. The community will become Landmark’s and Carson City’s first mixed-use community approved under the newly adopted Carson City Master Plan. Mills Landing will offer homeowners neighborhood retail services and many recreational opportunities. The single-family detached homes will be available in four floor plans and include landscaped front yards and ongoing maintenance. Mills Landing is set to break ground this month.

Major Retail Center Planned for Downtown Henderson

Juliet Companies recently announced that Lake Mead Crossing, a joint venture development project with Inland Western Retail Real Estate Trust, Inc, will be part of Downtown Henderson’s Water Street District’s redevelopment. The 725,000-square-foot retail power center is located on the northwest corner of Lake Mead Parkway and Water Street in Henderson. With the addition of Lake Mead Crossing, existing and proposed mixed-use projects will bring more than 800,000 square feet of retail space to the Water Street District. “Redevelopment of downtown Henderson is vital to Henderson’s existing and continuous growth. Companies like Juliet Companies are making this growth possible,” said Henderson Mayor Jim Gibson. Target has signed for 150,000 square feet of space, and further leasing efforts will include additional nationally-recognized retailers, as well as restaurants and professional office space. In addition to revitalizing the downtown Water Street District, Lake Mead Crossing will serve several master-planned communities currently under development on the eastern edge of Henderson. Lake Mead Crossing is slated to break ground in May. Juliet Companies will serve as the developer and general contractor on the project.

$8.1 Million Project Completed in North Las Vegas

Schwan’s Home Service, Inc. and Schwan’s Consumer Brands North America, Inc. recently completed construction on a new $8.1 million sales and distribution center in North Las Vegas. The new 20,180-square-foot building supports 50 employees and 27 Schwan’s Home delivery trucks. The employees of the sales company in North Las Vegas deliver Schwan’s frozen foods and grocery store brands to customers within a 75-mile radius of town. The new structure, located at the intersection of Cheyenne Avenue and Trade Drive, replaces current facilities that have been in service for more than 20 years.

Park Highlands to be Largest Community in North Las Vegas

Developers recently broke ground on Park Highlands, which will be the largest master-planned community in North Las Vegas with nearly 16,000 home-sites. The new 2,675-acre development will be a partnership between Olympia Land Corporation, American West Homes, Astoria Homes, D.R. Horton and Standard Pacific Homes. Park Highlands is a master-planned community designed with quality homes, vast outdoor parks and open spaces, six connecting to the proposed trail network. The community will be home to a 40-acre Regional Sports Park. In addition to having convenient access to the best of Las Vegas, Park Highlands will offer a variety of commercial, retail and specialty shops within the development. Residences will range from starter homes to prices in the high $800s. Grand opening of the new Park Highlands is scheduled for fall of 2007.

New Urban Village in Southwest Las Vegas

Las Vegas based architecture firm SCA Design was recently contracted to design a 266,000-square-foot urban village in Southwest Las Vegas. The Realm will consume an entire block fronting Rainbow Blvd., between Pebble and Raven Streets. The project is a mid-rise, mixed-use development which will consist of 72,389 square feet of retail and restaurant space and an 11,463-square-foot health club on the first floor. The second, third and fourth floors will be residential units. The project will have two levels of underground parking for both residents and shoppers. The Realm is scheduled for completion in early 2008.