Focus Property Group, along with a consortium of home building companies
including KB Home, Kimball Hill Homes, Meritage Homes, Pulte Homes, Ryland
Homes, Toll Brothers Homes, US Home/Lennar and Woodside Home, was the successful
bidder for 1,712 acres of land at the February 2005 BLM auction. This area is
interesting an unique, right at the intersection of Kyle Canyon Rd and the I 95
in the northwest corner on Las Vegas.
As of February 2008, the Las Vegas Journal has represented that the master developer , Focus Group, has stopped paying interest on their outstanding loans. What arrangements they may make with their lenders and how that may affect future development remains to be known.
This development is expected to have around 15,000 homes at
completion. The developer's downtown area will be centered around a long narrow
park. This area will be about 60 ft. wide and 3/4 of a mile long. It will have
one way streets on both sides. Condos and apartment buildings will surround the
center of the development. These condos and apartment buildings will mostly be 5
stories tall with some perhaps 8 stories. Housing density will decrease the
farther from the center of the development homes are. The most spacious
neighborhoods will have four or five houses per acre. Open spaces in the
development include two natural arroyos, which are natural storm-water washes.
Shopping areas as well as a casino are also planned. Elevation above sea level
should range from 2,750 ft. to 2,875. Kyle Canyon Getaway will be an
interesting development built in an interesting location. I will at some point
check the distance from the center of the strip, but my estimate will be 25
miles. The present ingress and egress from the center of Las Vegas to this
area is the I95. A proposed outer beltway when constructed, could alleviate
traffic problems that exist to some degree on the I95 now.
Infrastructure improvements were slated to begin in Summer 2006, with the first
homes completed in late 2007. The eventual start dates of this planned community
are non known at this time, February, 2008. I expect it to be market driven and
will come on-line as the local housing market improves. No information is currently available on what
specifically will be built. Email me and I will put you on my mailing list to
receive more information on this community when it becomes available.
Millie Fine
CENTURY 21 Aadvantage Gold
Toll free 1-888-449-3463
Home Office 1-702-363-5599
E-Mail Millie!
millie@milliefine.com
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