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Las Vegas Homes Blog

Las Vegas real estate blog with market conditions, news and availability of Las Vegas homes and condos as presented by RE/MAX Associates.

Thursday, June 29, 2006

Private Sector VS Public

The public sector of Las Vegas real estate and the private sector rarely agree on what’s best for the Las Vegas property that is shared between them. An example of this is shown in the disagreement the public and the private share on how much local real estate is available for industrial development.

Depending on who you ask, there is anywhere from 47,000 acres of real estate available for development to as little as 1,100 acres.

According to Clark County officials there are 47,000 acres in the county that not developed and are being zoned for industrial uses. One third of that land is within the Las Vegas development boundary. Leaving the rest of the Las Vegas real estate far outside the reaches of current development.

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