NLV’s Villages at Tule Springs Finds Three Builder Partners, Eyes Early 2017 Groundbreaking

By | August 30, 2016

After a rocky start and lengthy delays, the Villages at Tule Springs, a master planned housing community has taken the first step toward building a place residence can  call “home.” Three builders have agreed to partner with the development’s project owner, and they expect to break ground  early next year. CalAtlantic Homes, Pardee Homes and KB Home  plan to build homes in the development.

With home builders in place, the project can move forward to the next phase of development. North Las Vegas Mayor John Lee hopes that Villages at Tule Springs will promote the health of the city’s local economy alongside Faraday Future’s upcoming electric vehicle plant, Hyperloop One’s Metalworks facility, and the possibility of  a healthcare hub on a 150 acre parcel near the VA Medical Center.

Villages at Tule Springs Springing Back to Life

The Villages at Tule Springs project has had a rocky journey since its beginnings in the mid 2000s. At that time, the project was known as “Park Highlands in North Las Vegas,” and was an ambitious move to provide housing for upper income families within the greater Las Vegas metro area.

Unfortunately, the 2009 housing crisis and subsequent recession put those plans on hold. Park Highlands project owners filed for bankruptcy twice. The project ultimately survived by dividing  amongst multiple investors and into two main development sites: Park Highlands West and Park Highlands East, later renamed “The Villages at Tule Springs.”

Lead developer Gregg Wolin has been developing grand plans for The Villages at Tule Springs. The area has views of the name-giving Tule Springs Fossil Bed National Monument as well as the Las Vegas skyline and nearby Eglington Preserve, known for its breathtaking seasonal desert blooms.

Sites closest to the scenic Eglington Preserve are slated to be grand, executive homes, including semi-custom homes and estate-style lots.

“We plan to build bigger homes and lots that North Las Vegas hasn’t seen in probably my 19 years of doing this,” attorney Bob Gronauer, whose law firm represents The Villages’ developers, told the Review Journal last December.

Other plans include an active retirement community of 2,000 units, a neighborhood elementary school, developer-run parks and extensive amenities such as local pools and clubhouses. Additionally, developers intend to add commercial shopping centers and hiking trails as the community enters its second phase.

A Boon for the North Las Vegas Economy, Says Mayor John Lee

The restart of the development signals more than the possibility of new residents, says North Las Vegas Mayor John Lee. Growing economic prospects, such as the Apex Industrial Site, offer tax revenue and incentive for skilled, high-income workers to settle in North Las Vegas.

A desirable master-planned community in North Las Vegas will attract wealthy Clark County residents who wish to live closer to the city. In total, NLV Director of Economic Development Gina Gavan expects The Villages at Tule Springs project to supply 24,000 jobs within the next 10 to 15 years.