The property is located off the northwest corner of Stephanie Street and Wigwam Parkway, just north of Interstate 215. In addition to the park, which would be directly accessible from the development, the site borders Union Pacific railroad right of way that the city anticipates will accommodate a future transit link.

An apartment complex was approved for the site in 2004. In 2006, the City of Henderson approved a tentative map for a 1,600-unit condominium development. Stephanie LH LLC, which includes the entities that own GSG Development, acquired the property in spring 2007 for $51 million from KB Homes, which had acquired it a few months earlier for $50 million from Centra Properties. The proposal was scheduled to go before the Planning Commission in October but the item was continued to next week so commissioners could study the potential traffic impacts.

The current proposal, which goes before the planning commission Nov. 20, calls for five towers and many smaller structures. Three of the towers, two with 30 stories and one with 13 stories, would be residential, while the other two would be a 12-story hotel and a 13-story office building. The development would also include several smaller residential buildings of two to four stories in the form of lofts, townhomes and brownstones.