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North Las Vegas Gambles On Fast Population Growth

Local Realtors say North Las Vegas is growing even faster than 5th ranked Las Vegas, Nevada, according to the U.S. Census Bureau.

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"North Las Vegas is a growing city waiting to be discovered!" says Realtor Jimena Paridee.

She explains, "According to the U.S. Census Bureau, North Las Vegas is the 5th Fastest Growing Large (population of 100,000 or more) city in America for the ten-year period of 1990-2000 with an average annual growth last year of just about 10 percent. According to the city of North Las Vegas demographer, North Las Vegas is expected to have a build out population of 511,812 by the year 2020 (includes land not yet released by the Bureau of Land Management).

"The highly anticipated master planned community Aliante will provide over 400 acres of parks and open spaces, a fire station, plenty of retail space, and it has plans for a 400-room Casino. Aliante is expected to be home to over 20,000 people upon completion. It's divided into two sections, its Primary Village being built by KB Homes, Pulte, Pardee and DR Horton and its Active Adult Village, Sun City Aliante, built by Dell Webb. It will be the first truly master planned community of its size in North Las Vegas encompassing over 1900 acres of land with a price range of $130,000 to $270,000. The community will include a 20-acre Nature Discovery Park based on a Disney Concept sure to entice children and grown-ups alike. There will also be an 18-hole Municipal Golf Course located at Sun City Aliante that will give tee-time priority to residents of North Las Vegas. There are volleyball courts, tennis courts, soccer fields, a man-made lake and an amphitheater for all of the residents' outdoor needs.

"Sales of new homes in North Las Vegas are expected to be at an all time high," says Paridee. "A great number of people are getting in on the ground floor of this new development that is sure to bring amazing opportunities for home buyers and businesses alike in this growing city. With over 30 new businesses moving into North Las Vegas last year and The Cannery, the newest Casino opening up earlier this year, the opportunities for employment in the city are thriving. I am myself a resident of this wonderful city and believe that the same way Green Valley changed the city of Henderson, Aliante will change North Las Vegas by giving more people the opportunity to discover all the advantages and opportunities the City of North Las Vegas has to offer. If you are looking for a new home, North Las Vegas is certainly the city to look to. You will get a bigger home with a bigger back yard and more amenities than anywhere else in the Valley without spending as much."

Says Realtor Bruce Hiatt, "Northwest of Summerlin is a rapidly growing area where home prices range from $150,000 to over $600,000. If you need RV parking and larger lots for the money then this is the place to buy. We are seeing rapid growth in this area although the affordability is beginning to get close to that of Summerlin. This means prices are trending upward every month and more infrastructure like shopping centers and schools are being built to meet the growth demand.

"Eighty percent of my new homes clients (I am also a listing and buyer's agent for existing homes) were placed in pre-construction phases 1-3 for the year 2002 and the trend continues into 2003. On a weekly basis, I monitor all of the Nowthwest's new homes communities and strive to help my clients get in on the ground floor of each new community for pre-construction prices."

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Published: July 14, 2003

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Today's Headlines 07/14/2003


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