With no state income tax, access to the greatest entertainment 24/7, exceptional dining experiences, great outdoor sports and now professional sports teams – it’s no brainer why Las Vegas is growing at a rapid rate but the valley is surrounded by mountains with limited to no expansion. So the big question is this: Is Las Vegas running out of land?
“North Las Vegas is set to add more than 100,000 residents by 2030. The northwest isn’t the only area in the valley expected to see a boom over the next decade,”
KTNV – Las Vegas, Nevada.
Las Vegas & Henderson Fastest Growing Cities in Nevada
Las Vegas and Henderson are the fastest growing cities in Nevada. North Las Vegas is experiencing a surge in manufacturing and warehousing businesses, creating an abundance of jobs that call for housing, according to John Lee, the mayor of North Las Vegas. Mayor Lee recognizes the great opportunity this provides to fill the city’s available land with homes while adding hundreds of new members to its workforce.
Henderson is positioned to become a major destination for businesses and residents looking to move into the Las Vegas valley as well. With close to 70,000 new residents expected in the coming decade, West Henderson and Cadence, located on the Eastside of Henderson, are at the center of its growth trajectory.
According to City Planner Richard Derrick’s public statement: “The new corporate headquarters of the Las Vegas Raiders, the soon to be completed home of the Henderson Silver Knights and new developments by businesses such as Google and Haas Automation show that Henderson continues to diversify as it grows.”
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Growth Outward or Upward?
Nevada tops the list as having more of its land owned by the federal government than any other US state. This amounts to a staggering 27% of total acreage across all fifty states, amounting to 615 million acres reserved primarily for conservation and recreation purposes. So with all this demand will housing in the Las Vegas Valley grow outward, upward – or both? Most likely the latter but while land is in high demand Northwest Las Vegas may have the upper hand.
“More than 85 percent of Nevada’s land area is owned and administered by the federal government,”
Nevada Legislature.
NW Las Vegas Booming Real Estate Forecast
With 100,000 residents anticipated to move to NW Las Vegas by 2030 land is a true commodity – especially in the booming Northwest so wanted to bring two expansive plots of land to your attention.
Build your dream Home with no limits on this property that encompasses five parcels totaling +/- 37.5 gross acres zoned Rural Residential in the highly desired area of the booming NW Las Vegas, Nevada. Mountain views surround this perfectly located property adjacent to the master plan community of Silverstone Ranch, a master plan community of 1,526 homes, and the beautiful Gilcrease Orchard.
“Through their non-profit foundation, they aimed to provide recreational and educational experiences that teach children where our food comes from and how it is grown, helping to foster an appreciation for the earth’s bounty and a healthy lifestyle,
Gilcrease Orchard.”
Build Your Dream Home Custom Home Site
Azure & Starlight
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