Summerlin Land Sale: In its biggest Las Vegas land sale in years, Summerlin developer Howard Hughes Corp. has unloaded more than 200 acres for a sprawling new housing project.
Hughes Corp. sold 216.4 acres off Town Center Drive and Tropicana Avenue in Summerlin for $135 million to developers who plan to build hundreds of houses. The sale closed last month, property records show.
Pulte Homes and Toll Brothers have teamed up to develop the site, which is slated to feature parks, a recreational center, a guard-gated entry and 561 single-family homes, according to Clark County records.
Pulte and Toll’s new site is bordered to the north by The Summit Club, a luxury golf course community with custom-built mansions, and to the south by Mesa Ridge, an upscale project by Toll where home prices start above $1 million.
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