Summerlin Las Vegas: A Hub of Growth and Opportunity
Summerlin, a vibrant community nestled in the heart of Las Vegas, continues to redefine urban living with its unmatched amenities and dynamic expansion. As it celebrates its 34th year of development, Summerlin stands out as a beacon of residential and commercial growth in Southern Nevada.
Residential Expansion:
In 2023, Summerlin witnessed a surge in residential development, with the opening of six new neighborhoods offering a plethora of floorplans to suit various lifestyles. From single-family homes to upscale townhomes, Summerlin caters to diverse preferences, with prices ranging from the $400,000s to over $1 million. Notably, Summerlin West emerged as a hotspot for homebuyers, with neighborhoods like Cordillera, Vertex, Osprey Ridge, Vireo, and Quail Cove experiencing remarkable sales.
Commercial and Retail Evolution:
Downtown Summerlin, the community’s bustling urban center, saw significant growth with the debut of 1700 Pavilion, a premier Class-A office building, and Tanager Echo, a luxury apartment complex. Moreover, excitement brewed with the announcement of a new retail center anchored by a Whole Foods Market, signaling a new era of expansion and convenience for residents and visitors alike.
Construction for the new Whole Foods Market in Summerlin’s urban core began in September 2023. Located at Sahara and Town Center Drive, this flagship store will offer an unparalleled selection of organic produce, artisanal cheeses, sustainable seafood, and much more.
The store spans 48,000 square feet and will anchor a retail complex of three buildings, housing six retail shops totaling 18,000 square feet. Core and shell completion for the new retail center is scheduled for Q3 2024, at which point spaces will be turned over to tenants for buildouts. This milestone marks the transition to a new era of convenience and culinary excellence in Summerlin.
Sustainable Development:
Summerlin remains committed to sustainability and walkability, evident in the construction of the new retail center striving for LEED Silver certification. Residents of neighboring luxury apartment communities will enjoy enhanced pedestrian connectivity and access to electric vehicle charging stations, fostering a greener, more efficient lifestyle.
Anticipated Developments:
Looking ahead to 2024, Summerlin anticipates the unveiling of five new neighborhoods and the creation of additional parks and open spaces in Summerlin West. Models will open at Ascension in The Peaks village, while development kicks off in Grand Park, the community’s newest village characterized by a central park and architecturally diverse neighborhoods.
Community Statistics:
Spanning 35 square miles, Summerlin boasts approximately 123,000 residents and 54,000 rooftops. With a vision of completion within two decades and a target of 200,000 residents, Summerlin offers unparalleled amenities, including over 7 million square feet of office space, 10 golf courses, 300 parks, and 200 miles of trail systems.
In essence, Summerlin embodies the epitome of modern living, where residential comfort meets urban convenience. With its ongoing evolution and commitment to sustainability, Summerlin continues to attract homebuyers and businesses seeking a thriving, dynamic community in Las Vegas.
