Wall Street-backed companies such as American Homes 4 Rent have a stranglehold on the city’s housing market according to new research, owning a quarter of homes.
North Las Vegas
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The developer that sold the project also has more in the works for North Las Vegas.
The latest project announced at the rapidly developing Apex Industrial Park in North Las Vegas is scheduled to begin construction in 2024 and be finished in 2025.
The complex near Craig Ranch Regional Park could help ease the shortage of homes in the area.
Construction has officially begun for Simmons Airpark, the latest in a growing number of industrial projects in North Las Vegas.
The massive project, which also will include restaurants, retail and hotels, is slated to get started late this year.
After over 30 years of development, the massive Apex Industrial Park is adding tenants and owners at a rate it has never seen before.
A new project with a mix of residential and commercial uses is planned for the demolished Texas Station and Fiesta Rancho sites in North Las Vegas.
Sen. Catherine Cortez Masto has introduced legislation designed to help the North Las Vegas site eliminate some red tape for its tenants.