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Category Archive : Development

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Marble Manor Public Housing Complex to be Demolished, Redeveloped into Townhomes, Apartments

LAS VEGAS, NV – Marble Manor, a western Las Vegas public housing complex that originally opened in the 1950s, is in the process of being demolished and redeveloped into townhomes and apartment buildings.

When it originally opened, the 235-unit Marble Manor, located along Washington Avenue just east of Martin Luther King Boulevard, was made up of “modern” single-story concrete block homes and duplexes with a theme of “comfort and clean living,” aimed at low-income families and individuals who had been living in less-than-desirable circumstances.

However, the homes that were actually built often failed to live up to that standard, and in recent years, the complex had fallen into a state of serious disrepair, with several recent code-enforcement cases opened against it for “unsafe building conditions.”

Marble Manor also had a less-than-reputable status due to it representing a darker side of Las Vegas: segregation. Once known as the “Mississippi of the West,” Black residents for many years were essentially confined to the western part of the city.

To address those injustices, the redevelopment of Marble Manor – slated to cost between an estimated $350 million to $400 million – is currently underway, according to Frank Stafford, director of development and modernization for the city’s housing authority.

The plans call for the transformation of the 35.7-acre Marble Manor property into 627 newly-built units, made up of townhomes and apartment buildings, as well as low-income and market-rate units. There will also be numerous amenities for residents, such as a community center, retail space, parks and other features.

The first units are set to begin development in March of this year by contractor Metcalf Builders. The redevelopment is planned to take place over the course of five phases, and is scheduled to be completed by 2030.

Shelter Realty Property Management specializes in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Panorama cityscape view of Las Vegas at sunset in Nevada, United States of America

Las Vegas’ 342-Unit Miraluna Apartment Community Announces Pre-Leasing Underway

LAS VEGAS, NV – Miraluna, an apartment complex located in South Las Vegas that is currently being developed by a joint venture of The NRP Group and Rockefeller Group, announced that pre-leasing is currently underway for the 342-unit community prior to its anticipated early-2026 opening date.

Adjacent to the Southern Highlands Master-Planned Community, Miraluna – previously known as Silverado, before being re-named mid-development – is a Class A resort-inspired apartment complex that is slated to be open for its initial batch of move-ins this upcoming March.

And while Miraluna is another in a long line of Nevada-based projects on the part of the Rockefeller Group, the community represents The NRP Group’s first entry into the state’s competitive real estate market.

When completed, Silverado – designed by Perlman Architects – will take the form of 15 three-story buildings located on a 13-acre lot in Enterprise, located 10 miles from the Las Vegas Strip, Harry Reid International Airport and Allegiant Stadium.

The buildings will contain one, two, and three-bedroom units featuring contemporary finishes such as quartz countertops, stainless steel appliances, upgraded cabinetry and LED backlit bathroom mirrors.

In addition, the complex will boast many amenities for its tenants with a focus on wellness, including a swimming pool, sports court, and a 7,000-square-foot clubhouse with a social lounge, gym, pickleball and bocce courts, dining and grilling areas, a sauna, yoga lawn, fire pit, dog park and coworking spaces, among other features.

From the architecture to the shared spaces, the community was designed to offer residents a lifestyle that feels both luxurious and welcoming,” said Rockefeller Group Director Matt Bruns. “Miraluna adds a new option for renters who want modern interiors, resort style amenities with all the latest wellness offerings and access to the best of Las Vegas.”

Construction of Miraluna began in December 2024, with initial move-ins commencing in March 2026; final completion of the project is slated for the first quarter of 2027.

Shelter Realty Property Management specializes in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

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Nevada HAND Building 51-Unit Affordable Housing Complex in Downtown Las Vegas

LAS VEGAS, NV – Nevada HAND, the state’s largest developer of affordable housing, has begun work on constructing a new rental complex in downtown Las Vegas aimed at low-income tenants, following the company’s demolition of a long-shuttered complex that had previously occupied the property.

Dubbed Ogden Pines, the $20 million project, upon completion, will take the form of a four-story, 51-unit building located at 1200 East Ogden Avenue, at the corner of Maryland Parkway. Previously, the property had been occupied by a 39-unit apartment complex that Nevada HAND had demolished to make way for this new development.

Work on Ogden Pines is slated to be completed in 2027 and, once open, the developer notes that it will offer a slew of amenities for its tenants, including energy-efficient appliances, a community room, a fitness room, and secured building access to ensure the safety of residents.

Nevada has long had an issue with a lack of affordable housing options for lower-income residents, with the problem especially prevalent in the Las Vegas region.

The Kenny Guinn Center for Policy Priorities reported in 2025 that approximately 50 percent of all renters in the state were “excessively cost-burdened” due to what was referred to as a “severe housing affordability crisis” brought on by both a lack of available low-cost options and stagnant local income growth.

Nevada HAND’s Vice President of Corporate Affairs, Waldon Swenson, noted recently that it was more efficient to demolish the old apartment complex standing where Ogden Pines is currently being developed than repairing the rundown building, as it allowed the company to start from scratch and include more modern technology in the units.

Currently Nevada HAND has 5,400 low-cost rental units throughout Southern Nevada, and Swenson said that his company almost never experiences vacancies due to what he called the “tremendous need” for affordable housing options in the region.

Shelter Realty Property Management specializes in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

MountainView Hospital KK Stock Las Vegas, NV / USA - June 9, 2018: Mountain View Hospital in Las Vegas Nevada

Ground Broken on New Las Vegas $82 Million Multifamily Community, Expected to Open Spring 2026

LAS VEGAS, NV – Chicago-based developer CEDARst Cos. has officially broken ground on a new $82 million multifamily community located in the Las Vegas Medical District, the first residential facility of its kind to be built in that area of the city.

Upon completion, The Presley will take the form of a 275,000-square-foot, 236-unit, seven-story apartment complex, with development fueled in-part via a $56 million North River Partners construction loan. The architect on the project is Booth Hansen and the general contractor is OS Construction.

Located on a on 1.12-acre plot of land at the intersection of Alta and South Tonopah drives, The Presley will be comprised of both studios and one-and two-bedroom apartments, with a percentage of the complex’s overall units – the current number is not currently known – to be designated for affordable housing.

There will be a number of amenities made available for tenants, including a fitness center, a coworking lounge, a golf simulator and a rooftop pool deck overlooking the surrounding cityscape.

The Presley will be the first apartment complex built in the Las Vegas Medical District, addressing a very real and growing need for housing options in that section of the city.

According to a statement released by CEDARst Cos. CEO & Managing Partner Will Murphy, The Presley represents the start of the overall evolution of the Medical District, which has seen large recent investments in clinical, academic and research facilities, making it one of the fastest-growing local economies in the Las Vegas Valley.

The Presley will be CEDARst’s second property in Las Vegas, with the firm also actively developing another residential facility in the form of The Myles, which is a 311-unit complex in the Las Vegas Arts District due to open in spring of 2026.

Development of The Presley is also slated to be completed by spring of 2026.

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

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Growing Number of Developers Favor Building Las Vegas “Up” as Opposed to “Out”

LAS VEGAS, NV – Amid the housing shortages that are plaguing Southern Nevada in recent years due to a lack of real estate to build upon, there is a growing number of developers who are vocally favoring the concept of focusing more on building Las Vegas “up” as opposed to “out.”

An emphasis on erecting more high-rise apartment and condominium buildings – as opposed to single-family homes – is being touted by some real estate stakeholders as a means to help Vegas alleviate its current issues with affordable housing as more and more people move in and its economy expands.

Among those in favor of Vegas building “up” is Brian Nugent – a real estate broker with IS Luxury – who noted the addition of more apartment and condo complexes could help families to afford places to live in the city.

As there is less and less land available for single-family detached homes, I think high-rises become more and more appealing,” he said. “So, I think there could be a need moving forward for more high-rises.”

Currently, the federal government owns about 88 percent of the land in Clark County alone, with over half of that property – 2.6 million acres – managed by the Bureau of Land Management (BLM). The failure to release parts of that land for development has contributed to the current housing crisis being experienced in the region, experts say.

BLM has been slow to release land for development to the private sector, and current estimates indicate that if that doesn’t change soon, the Las Vegas Valley could run out of buildable land by 2032, according to the economic consulting firm Applied Analysis.

Up until recently there has been land available in the valley and because Vegas has grown so much recently as a city and its population, it really just seems like in the last few years the conversation about running out of land has really picked up,” Nugent said. “Where in the past it was easy for developers to buy plots of land and do detached single-family home developments, because the land was readily available and I think as more and more of that land gets developed and less is available then the next logical question would be is it time to start going vertical?”

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Four Seasons Private Residences

Developer Secures $781 Million to Finance Ongoing Construction of Four Seasons Private Residences Las Vegas

LAS VEGAS, NV – $781 Million has been secured by the developer Concord Summit Capital (CSC) in order to continue to finance the ongoing construction of the upcoming The Four Seasons Private Residences Las Vegas, which is made up of $526 million from J.P. Morgan and $255 million from Sculptor Real Estate and Morning Calm Management.

Two Roads Development, Azure Resorts & Hotels and Luxus Developments – the leads on the project – are officially listed as the borrowing parties in the loan’s documentation.

With work already progressing on the project, Four Seasons Private Residences Las Vegas – when it is completed – will take the form of 171 ultra-luxury condos spread out amongst two high-rise towers located within Henderson’s guard-gated MacDonald Highlands community.

Developers have already chiseled out the side of a mountain within MacDonald Highlands, upon which the Four Seasons’ towers will be built; roads are also now in-place, as are utilities. But despite being early in its construction phase, the project has already garnered over $700 million in sales so far – condo prices start at $5 million – with 75 percent of the residences already having been sold.

Once the foundation is finally poured – which is scheduled to take place this month – developers will then proceed to begin vertical construction of the towers themselves. The afore-mentioned ultra-luxury condos are being designed by the noted architectural team of Wimberly Allison Tong & Goo, and Four Seasons is collaborating with luxury lifestyle brand and retailer RH Contract for furnishing options, which has proven to be a major selling point for their condos.

We are thrilled to introduce these custom RH package offerings exclusively to our future residents,” says Jim Reilly, president of Azure Resorts & Hotels. “This collaboration reflects our shared commitment to quality, craftmanship and effortless living.”

Condo sizes will range from 8,349 square feet of interior space to 3,555 square feet of private terraces, all offering views of the Las Vegas Strip and the McCullough Mountain range.

In addition, a variety of high-end amenities will be available to residents, including semi-private elevators, private garages, high-end designer finishes and fixtures by Wimberly Interiors, private chef services, in-residence wine cellars, a private screening room, over 6,000 square feet of state-of-the-art wellness facilities, multi-level resort-style pools, and a library located in the foyer of each building. There will also be a dedicated Director of Residences and a 24-hour Four Seasons concierge team, offering personalized, a la carte services on demand.

The construction of Four Seasons Private Residences Las Vegas is slated to be completed in 2027, at which time residents can begin moving in.

Shelter Realty Property Management specializes in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Las Vegas housing project near rural

Controversial Housing Project Receives Clark County’s Final Approval to Begin Construction

LAS VEGAS, NV – A proposed housing project located in a rural part of the southwestern Las Vegas Valley that has sparked controversy among its neighboring communities has received final approval from the Clark County Board of Commissioners to begin construction.

Final plans by Richmond American Homes to build a 99-lot subdivision on 19 acres south of Blue Diamond Road at Tenaya Way were approved by the Planning Commission on Wednesday. This development was much to the chagrin of multiple people in neighboring areas who are worried that the project will bring an influx of traffic into their quiet communities, many of which consist of homes on large plots of land and whose owners raise animals such as horses and chickens.

Notable among the concerned and vocal critics of the Richmond American Homes project is the magician Teller – one-half of the famous comedy magic duo and longtime Vegas headliners Penn & Teller – who has called the area home for nearly three decades.

The area where part of Richmond American’s project is to be built is a designated Rural Neighborhood Preservation zone, which prohibits suburban-style housing with multiple homes in tight vicinity of each other on small parcels of land. The five-acre section of the project that is situated within that zone means that the company will be mandated to build homes on half-acre lots instead. But the remaining 14 acres, which are outside the zone, will consist of 90 houses built in a more traditional, tightly-knit suburban style.

In an attempt to appease the engaged locals, Richmond American will be implementing a Department of Transportation-approved median cut on Blue Diamond at Tenaya that would enable drivers to bypass the surrounding residential area in order to access the developer’s new housing project once it is complete.

However, it remains to be seen if this will be enough for the neighboring communities, who have been especially vocal at Clark County Board meetings in their disapproval of the project.

Richmond American has not yet announced a start date for development of the housing project.

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Panorama cityscape view of Las Vegas at sunset in Nevada, United States of America

Two Real Estate Firms Team Up to Build Luxury Rental Complex Along Las Vegas Boulevard

LAS VEGAS, NV – A new luxury rental apartment complex is now in the early stages of development just south of the famed Las Vegas Strip, with two real estate firms located in the midwestern United States teaming up to make the project a reality.

The Cleveland, Ohio-based NRP Group – one of the nation’s top multifamily real estate developers, general contractors, and property management firms, according to the firm’s website – and Chicago, Illinois-based Waterton, a real estate investment and property management company with a focus on multifamily and hospitality properties, issued an announcement in October that they will be developing a 368-unit luxury apartment complex called South Valley.

Construction on the apartment complex – located at Las Vegas Boulevard and Erie Avenue, between the South Point and the M Resort and situated approximately 15 minutes south of the Las Vegas Strip – is slated to start “imminently,” with the first units expected to be ready for their respective tenants to move in during the middle of 2027, the two companies stated in a recent press release.

The project will take the form of two four-story buildings boasting numerous posh communal amenities, including outdoor seating areas with fire pits and a “well-appointed” club lounge, according to the developers.

In addition, the apartments themselves will spare no expense when it comes to luxury bells and whistles, including quartz countertops and subway-tile backsplashes in their kitchens.

This is not the first foray into the Southern Nevada real estate scene for either of these firms. Waterton has previously bought apartment buildings in the Las Vegas Valley, and NRP Group is currently in the midst of constructing several apartment projects in the region, including a luxury building in the southwest valley, a rental complex on Silverado Ranch Boulevard, and a North Las Vegas-based affordable housing complex.

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Four Seasons Private Residences

Las Vegas Luxury Condo Developer Secures $686 Loan from J.P. Morgan, Sculptor

LAS VEGAS, NV – The developers of a new luxury high-rise condominium building in Henderson that is currently underway has just obtained a $686 million loan for construction financing from J.P. Morgan, Sculptor Real Estate, and Morning Calm Management.

Four Seasons Private Residences Las Vegas – which has already had an extensive amount of work put into the project – will, upon completion, take the form of 171 ultra-luxury condos spread amongst two high-rise towers on top of a mountain in the MacDonald Highlands community.

Despite still being in the midst of development – the side of the mountain has been chiseled out, roads are in place, and utilities have been run to the site and installed; the project has already garnered over $700 million in sales so far, with 75 percent of the residences already having been sold.

Currently, the leads of the project – Azure Resorts & Hotels, Luxus Developments, and Two Roads Development – are ready to begin vertical construction of the towers themselves in the very near future after foundation pouring is completed by the end of the year.

As for the ultra-luxury condos themselves, they are being designed by the noted architectural team of Wimberly Allison Tong & Goo, and will range from 8,349 square feet of interior space to 3,555 square feet of private terraces, all offering views of the Las Vegas Strip and the McCullough Mountain range.

Numerous posh amenities will be available to residents, including semi-private elevators, private garages, high-end designer finishes and fixtures by Wimberly Interiors, private chef services, in-residence wine cellars, a private screening room, over 6,000 square feet of state-of-the-art wellness facilities, multi-level resort-style pools, and a library located in the foyer of each building. There will also be a dedicated Director of Residences and a 24-hour Four Seasons concierge team, offering personalized, a la carte services on demand.

Development of Four Seasons Private Residences Las Vegas is scheduled to be completed in 2027, at which time residents can begin moving in.

Shelter Realty Property Management specializes in the areas of HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

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Construction Begins on Replacement for Windsor Park Community After Original Homes Sank into Ground

LAS VEGAS, NV – After finally securing the vital public funding required to carry out the project, construction officially began this week on a new housing tract that is being developed for the beleaguered residents of Windsor Park, whose original homes have suffered immense structural damage as a result of slowly sinking into the ground for decades.

Workers are currently doing site work at the location of the upcoming 93-lot subdivision, situated west of Martin Luther King Boulevard along Carey Avenue, after the city of Las Vegas granted developer Community Development Programs Center of Nevada – which was awarded a contract for $37 million in 2024 to build the new subdivision – a grading permit on September 15.

Windsor Park was historically home to a predominantly Black community. The neighborhood originally featured 241 homes built in the 1960s, but only about 90 remain today. Due to inadequate geological studies before construction, natural fault lines and the depletion of groundwater from an underlying aquifer caused the ground to shift, gradually sinking many of the homes.

The consequences to Windsor Park were dire over the years, with walls inside homes cracking, porches collapsing, and sewage pipes shifting and bursting.

The public funding to construct new homes for the remaining Windsor Park residents was originally approved in 2023, but development remained in limbo until only recently due to an alleged unmet deadline that threatened to yank the millions of dollars earmarked for the renewal of the devastated neighborhood off the table. However, Nevada State Senator Dina Neal (D-North Las Vegas) later confirmed that the state had indeed met the deadline, thus, securing the funding and enabling construction to finally proceed.

Funding for the $37 million project is made up of $25 million in federal COVID relief funds, and an additional $12 million from the state of Nevada itself.

This week’s commencement of construction on the Windsor Park project is an especially important milestone to the community’s long-suffering residents, who can finally look forward to moving into their new homes in the near future.

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

Construction File photo: Sravan Karayil, licensed.

Serene Estates, New Upscale Housing Project, Under Construction in Henderson

LAS VEGAS, NV – Trust Home Builders, a Las Vegas-based real estate firm, is currently constructing a new, upscale housing community in Henderson, in addition to having several other similar projects lined up for development in the near future as well.

The luxury community, dubbed Serene Estates, is located on six-lots located along Serene Avenue just west of St. Rose Parkway. Work is already well under way, and upon completion, it will be comprised of one-story, 3,950-square-foot and two-story, 4,545-square-foot home designs, which will range in price from $1.8 million to $2.2 million apiece.

Serene Estates will not have a homeowners’ association, according to the developer’s website.

Trust Home Builders co-owner Michael Johnson also notes that his company has multiple other projects in various stages of conception and development; in addition to a Lake Las Vegas project that is currently underway, there is a five-lot housing tract along Horizon Ridge Parkway near Gibson Road that will break ground by the end of the year, along with a six-lot project east on Horizon Ridge slated for 2026.

Johnson said that the main demographic his company is targeting with these communities are older people from out-of-state that are moving to Southern Nevada to retire.

Despite the local real estate market currently not favoring sellers and many buyers feeling nervous about acquiring a home given current high prices and borrowing costs, Johnson pointed out that his company is nonetheless pushing forward with their projects because his target buyers tend to be affluent – in-part due to the current healthy stock market – and thus may be more willing to take the plunge on a house then the average person.

There’s so much fear among buyers right now,” he said. “I’m not letting the soft market slow me down.”

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.

bulldozeR Mr. Tempter

Developer Acquires 8.5-Acre Las Vegas Site for 368-Unit Luxury Rental Community

LAS VEGAS, NV – A luxury rental community is slated to be constructed upon a newly-purchased 8.5-acre plot of land located 15 minutes south of the Las Vegas Strip as part of a joint partnership between real estate investor/operator Waterton and multifamily developer and manager The NRP Group.

The community, which will be targeting the tastes – and wallets – of affluent tenants, will take the form of 368 units spread out amongst two four-story, elevator-serviced multifamily buildings. The units on offer will consist of studio, one, two, and three-bedroom floorplans, with some of the one-bedrooms also having a den included.

Numerous resort-style amenities will also be available for residents, such as an outdoor pool, two courtyards, outdoor seating areas with firepits and grilling stations, as well as a club lounge, co-working space and a conference room.

The price that Waterton and The NRP Group paid for the 8.5-acre plot of land for the currently-unnamed rental community has yet to be publicly disclosed. Development is scheduled to begin soon, with the initial batch of residences being made available for tenants to move in around mid-2027, with the project slated to be fully completed in early 2028.

Waterton’s Senior Vice President of development, Kristi Nootens, said that the project would address the growing demand for luxury rental accommodations in Southern Nevada.

We’re excited to be partnering with such an experienced development firm to bring this project to life and further our development strategy,” she said. “This project offers an excellent opportunity to create a luxury rental community in a sunbelt market with relatively limited supply compared to similar markets. The location is proximate to a variety of employment opportunities in a growing submarket where the costs of homeownership far exceed the costs of renting.”

Mike Moriarty, The NRP Group Vice President of Development, said that the collaboration with Waterton – their first – will be a boon to the residents of Las Vegas.

Partnering with Waterton has enabled us to bring high-quality housing to one of the nation’s fastest-growing regions,” he said. “As our first collaboration together, this project reflects our shared vision for creating a vibrant, thoughtfully designed community that meets the needs of today’s South Enterprise residents. With a prime location near major employment hubs, retail and entertainment, it offers residents a lifestyle that combines convenience and luxury living.”

Shelter Realty Property Management specializes in the areas of  HendersonLas Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.