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May 31, 2012

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10-year finish date set for homes project

Thursday, July 26, 2001 | 10:55 a.m.

A 1,900-acre master-planned community that will be the first of its kind in North Las Vegas is tentatively scheduled to be completed in 10 years.

The unnamed project planned by North Valley Enterprises, a partnership between Del Webb Corp. of Phoenix and America Nevada Corp. of Las Vegas, is expected to have model homes on display by late next year.

Dan Naef, who is heading the development of the project for North Valley Enterprises, presented a conceptual plan and preliminary sketch to the North Las Vegas Planning Commission on Wednesday night.

"Right now we're looking at marketing companies to come in and help us with a theme and name," Naef said. "That will help us get a better idea of where we want to go with the design guidelines for the project."

North Las Vegas Manager of Economic Development Mike Majewski told the commissioners that the city will likely have the design guidelines by the end of the year at the latest.

Naef said that all of the parcels should be sold in the next eight years, and he estimated that the last homes would be completed about two years later.

The community, similar to Summerlin, Anthem and other master-planned communities, is roughly bordered by Grand Teton Drive on the north, Centennial Parkway on the south, Decatur Boulevard on the west and Clayton Street on the east.

The plan calls for an 850-acre development that will include everything from family homes to 9,000-square-foot executive homes and a 360-acre age-restricted community for active adults, Naef said.

The communities will have 45 acres of parks that North Valley Enterprises will spend $7.25 million to outfit with sports fields and other amenities. A trail system, open space and linear parks, which will run through buffers as many as 35-feet wide on major streets, are also planned.

The company has set aside space for four schools, including the already under construction Brian Cram Middle School. Land has also been mapped out for state offices and a Department of Motor Vehicles office. The company will provide $2.5 million toward North Las Vegas facilities, which include a fire station and a site that could be used for a police substation.

When completed the Interstate 215 beltway will run through the middle of the development, which will also include acreage for commercial sites including a proposed casino.

Del Webb and American Nevada, which is owned by the Greenspun family, owners of the Las Vegas Sun, paid $47.2 million for the site at a Bureau of Land Management auction in May.

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