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300-Acre Inspirada Town Center Moves Forward

LAS VEGAS-The urban core of the 2,000-acre Inspirada planned community in Henderson will include a casino-resort, as many as 5,000 residential units and up to 700,000 sf of retail.

By Brian K. Miller | Updated on July 13, 2007

LAS VEGAS-Focus Property Group and the City of Henderson have inked a development agreement for the 300-acre urban core of Inspirada, a nearly 2,000-acre master planned community in southwest corner of the Las Vegas Valley. The development is contiguous to Del Webb’s Anthem residential development.

Focus Property Group is a land developer, which is to say they acquire land, master-plan it and prepare it for development but don’t usually go vertical themselves. The company bought the site in a June 2004 federal auction for $557 million.

Focus Property Group chairman/CEO John Ritter tells GlobeSt.com that Inspirada Town Center will include up to 5,000 housing units and between 300,000 sf and 700,000 sf of retail, not including the retail that will be part of the casino-resort that will anchor a walkable town center with a central park. The bulk of the residential will be housed in two 200-foot towers and the remainder in several four- and five-story buildings that will house the retail on their ground floors. Other buildings will have office space above street-level retail. Buildings for civic and municipal uses are also planned.

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