Developer Jonathan Fore is building a six-story, 287-unit complex west of the Strip and expects to deliver the first set of apartments in December 2020.
The deal is expected to close in the first or second quarter next year and, once complete, will create one of the largest builders in the country.
Designed without limitations, the first Dream Home by Scott Living is taking shape in the MacDonald Highlands community.
The penthouse boasts 6,230 square feet of living space, 30-foot floor-to-ceiling windows, an indoor DJ booth, an outdoor hot tub, movie screen and bar and panoramic views of the valley.
Nearly 2,900 previously owned single-family homes changed hands in October, up from September, according to the Greater Las Vegas Association of Realtors.
Despite an overall sales dip this year in Summerlin, homebuilders found more buyers in recent months in Las Vegas’ largest master-planned community.
The market has slowed considerably this year, after a heated run in 2018 sparked affordability concerns. The cooling, at least in theory, could help jumpstart home sales.
Developer Sam Cherry said that in shareDOWNTOWN, located on the corner of Casino Center Boulevard and Colorado Avenue, a therapist will visit regularly to meet with tenants.
After two years with some of the fastest-growing home prices in the nation, Las Vegas tumbled closer to the middle of the pack in August amid its ongoing slowdown.
At least 36 projects are underway, planned or completed in the west Henderson area, including the Raiders practice facility.