The Troubles Facing Nevada's Master Planned Communities

Las Vegas and Southern Nevada are chock-full of planned communities. The region is also struggling with some of the harshest declines in property values in the nation. Though planned communities are seeing some sales, they are mainly in trouble.

1 minute read

May 17, 2009, 11:00 AM PDT

By Nate Berg


"Planned communities have long been part of Southern Nevada's landscape, fueled in part by BLM auctions of federal land. Developers of Park Highlands, led by the Olympia Group that paid $639 million for 2,675 acres in November 2005, plan to build nearly 16,000 homes once they emerge from bankruptcy protection, their attorney Richard Holley said May 11.

The master-planned communities are paying the price for the sharp drop in demand for new homes. In 2006 at the end of the building boom, 35,406 new homes sold, but that dropped to 19,446 in 2007 and 9,965 in 2008, according to SalesTraq. Through this year's first quarter, 1,105 homes closed, putting the region on pace to have fewer than 5,000 new-home sales by the end of the year.

Despite these sluggish sales for new homes, planned communities are taking a bigger chunk of the overall sales than a year ago.

In 2008 only 45 percent of new-home closings were in planned communities, including 42 percent in the first quarter. In this year's first quarter, 54 percent of the closings were in planned communities - typically defined as large tracts under the control of a single developer and select homebuilder partners."

Friday, May 15, 2009 in Las Vegas Sun

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Concrete Brutalism building with slanted walls and light visible through an atrium.

What ‘The Brutalist’ Teaches Us About Modern Cities

How architecture and urban landscapes reflect the trauma and dysfunction of the post-war experience.

February 28, 2025 - Justin Hollander

Complete Street

‘Complete Streets’ Webpage Deleted in Federal Purge

Basic resources and information on building bike lanes and sidewalks, formerly housed on the government’s Complete Streets website, are now gone.

February 27, 2025 - Streetsblog USA

Green electric Volkswagen van against a beach backdrop.

The VW Bus is Back — Now as an Electric Minivan

Volkswagen’s ID. Buzz reimagines its iconic Bus as a fully electric minivan, blending retro design with modern technology, a 231-mile range, and practical versatility to offer a stylish yet functional EV for the future.

March 3, 2025 - ABC 7 Eyewitness News

View of mountains with large shrubs in foreground in Altadena, California.

Healing Through Parks: Altadena’s Path to Recovery After the Eaton Fire

In the wake of the Eaton Fire, Altadena is uniting to restore Loma Alta Park, creating a renewed space for recreation, community gathering, and resilience.

March 9 - Pasadena NOw

Aerial view of single-family homes with swimming pools in San Diego, California.

San Diego to Rescind Multi-Unit ADU Rule

The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.

March 9 - Axios

Close-up of row of electric cars plugged into chargers at outdoor station.

Electric Vehicles for All? Study Finds Disparities in Access and Incentives

A new UCLA study finds that while California has made progress in electric vehicle adoption, disadvantaged communities remain underserved in EV incentives, ownership, and charging access, requiring targeted policy changes to advance equity.

March 9 - UCLA Luskin Center for Innovation