The Las Vegas City Council on Wednesday approved a conceptual plan to develop residential and commercial properties on the site of the city-owned Desert Pines Golf Club.
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County officials believe there is a shortage of more than 80,000 homes for low-income residents.
After a multi-family housing complex in downtown Las Vegas was sold last year, rents dramatically increased, leaving cash-strapped residents scrambling to decide their next move.
The county-administered CHAP program has been flooded by extraordinary demand. Progress is being made but can’t come soon enough for those who may soon be facing eviction.
A judge agreed with the developer behind stalled housing plans on a defunct golf course near Summerlin who claimed that interference by Las Vegas officials made land impossible to develop.
The project had been fiercely opposed by a contingent of neighbors who viewed it as a threat to their rural lifestyle in the far southern Las Vegas Valley.
The county agreed to refund $155,000 to Paris Las Vegas, ending dispute that also involved several other Caesars Entertainment Inc. properties.
The tribe is behind a city residential project near its reservation as long as its tribal land expands to mitigate the effects of development.
Dapper Companies founder J Dapper closed his $4 million acquisition of the long-shuttered Las Vegas property and will spend the next three years renovating it.
The sale of the late Tony Hsieh’s real estate empire could prove a catalyst to build on what Hsieh started, and help downtown improve even more.