For most people, retirement feels like a long way off. But, if you don’t start preparing as early as possible, you may find yourself in a place of financial insecurity when the time does come.
Summerlin Nevada Master Planned Community
Dated: June 21 2019
In 1952, the famous film director, aviator, and casino mogul Howard Hughes purchased 25,000 acres (10,000 ha) of land in Southern Nevada, making him the Las Vegas Valley's largest landowner. Despite his initial intentions, he ultimately chose not to relocate his company to Nevada, so the purchased land remained undeveloped and empty for decades.
After Hughes died of kidney failure in 1976, the Summa Corporation was organized by his heirs to oversee his vast business empire and land holdings.
Summerlin offered 29 neighborhoods in five villages, with more than 100 floor plans ranging from 1,605 to 5,904 square feet and priced from the $300,000s to more than $2.5 million.
Developed by The Howard Hughes Corporation, Summerlin began to take shape in 1990 and has ranked in the country’s top 10 best-selling master-planned communities for nearly two decades. Located along the western rim of the Las Vegas valley, Summerlin encompasses 22,500 acres with approximately 6,000 gross acres still remaining to accommodate future growth, including infrastructure, open space and common areas, all within the master plan.
The community is currently home to nearly 100,000 residents who enjoy an unparalleled list of amenities. A development of The Howard Hughes Corporation® (NYSE: HHC), is the highest ranked Nevada MPC.
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