The Henderson City Council tonight will consider extending by four months the escrow closing for the 150-acre, $1.5 billion Union Village, a hospital complex with senior housing and a shopping center.
City officials have said Henderson would sell the land near U.S. Highway 95 and Galleria Drive to the developer, Union Village LLC, for $11.6 million but first must work out some access issues at Galleria Drive with the Nevada Department of Transportation.
"What we’ve been waiting for is a final subdivision map to be recorded," city spokeswoman Kathy Blaha said Monday.
She said the city is preparing the map for submission to the Clark County recorder’s office after the Department of Transportation issues are resolved.
The land purchase and sale agreement with Union Village was approved by the City Council on June 14. Tonight’s agenda calls for extending the escrow closing date to Aug. 13.
Backers of the project expect to spend a year and a half and more than $17 million to get the site ready for construction.
The land was once used as a gravel pit, leaving large areas where the ground is as much as 25 feet lower than the surrounding property.
All of that has to be filled in with dirt so the foundations of large buildings can be built on top of it.
The council’s regular meeting will start at 7 p.m. in the council chambers, 240 Water St.
Contact reporter Keith Rogers at email@example.com or 702-383-0308.