Summerlin is ripping out turf along Summerlin Parkway in favor of desert landscaping, marking one of the bigger such conversions in the ever-expanding, drought-stricken Las Vegas Valley.
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Paul Layne retired as Howard Hughes Corp.’s CEO on Thursday and will leave the board of directors as well.
Lennar Corp.’s Heritage project spans more than 100 acres off Crossbridge Drive near Sky Vista Drive in Summerlin and is slated to feature 421 single-family homes, city records show.
After booking a huge windfall shielding himself from stock market chaos, hedge fund operator Bill Ackman is upping his stake in Summerlin developer Howard Hughes Corp. by half a billion dollars.
Hughes Corp. sold 319.4 acres of residential land in Las Vegas’ largest master-planned community last year, the developer reported Thursday.