Saturday, December 6, 2014
Summerlin Featured in Money’s 2014 Issue - Best Places to Live in America
In 2002, Money magazine ranked Las Vegas as one of America’s top ten cities to live, citing Summerlin as the valley’s “chief community.” Today, 12 years later, Summerlin has once again received a shout out from Money in its annual Best Places to Live in America issue. Las Vegas is included on its 2014 list of big cities offering value, and Summerlin is both cited and pictured for its 150 miles of trails and vast array of lifestyle amenities including tennis courts, golf courses, playgrounds and adjacency to outdoor activities at nearby Red Rock Canyon.
The publication additionally quoted UNLV economics professor Stephen Brown on a Summerlin bonus: “It’s about five degrees cooler on the west side,” he said.
Money cited population, median home price, average property tax, median family income and projected five-year job growth to create its list of big cities with value. In addition to Las Vegas, others included Boston; Chicago; Columbus, Ohio; Denver; Jacksonville, Fla.; and Portland, Ore.
In 2002, Money wrote that Summerlin’s “drawing card was its careful New Urbanist layering of residential, commercial and civic features. The result: a pleasant neighborhood that keeps property values up.”
According to Danielle Bisterfeldt, director of marketing for Summerlin, that statement rings even truer today with the continued evolution and success of the community. “Downtown Summerlin, the community’s new 400-acre urban center, stands as the ultimate model of New Urbanism, bringing significant fashion/dining/entertainment amenities and live/work opportunities to the community in a walkable, thoughtful and integrated way,” she said. “And thanks to the value of master planning, Summerlin has continued to maintain its appeal and value – even through the Great Recession.”
This is the latest recognition for this award-winning community that has received national attention from media, professional organizations and industry nonprofits for more than a decade.
In 2002, Summerlin was named Community of the Year by Urban Land Institute, which cited it as a model of real estate success on a global scale. In 2007, National Geographic Adventure named Summerlin the #1 best place to live and play for its proximity to Red Rock Canyon and its focus on active, healthy, outdoor living. And in 2008, Summerlin received the inaugural American Trails Developer award from American Trails, a national nonprofit dedicated to trail interests. The award was especially significant in that it represented the first time the award had been given to a private developer.
And finally, Summerlin was featured as a model US community at the National Building Museum in 2012. The multi-media exhibit lauded the community for its standard setting design that helped to redefine Las Vegas as a great place to live.
Photo Caption: First recognized in 2002 by Money magazine for its “new urbanist” design, Summerlin, with nearly 6,000 acres still yet to be developed, is once again named among the Best Places to Live in America.
Developed by The Howard Hughes Corporation, Summerlin began to take shape in 1990 and has ranked in the country’s top 10 bestselling master-planned communities for nearly two decades. Located along the western rim of the Las Vegas valley, Summerlin encompasses 22,500 acres with approximately 6,000 acres still remaining to accommodate future growth within the master plan. The community is currently home to more than 100,000 residents who enjoy an unparalleled list of amenities. These include more than 150 neighborhood and village parks, more than 150 completed miles of trails, 22 public and private schools, 14 houses of worship, nine golf courses, shopping centers, medical and cultural facilities, business parks and dozens of actively selling floor plans. Homes are available in a variety of styles – from single-family homes to townhomes and condominiums– priced from the $300,000s to more than $1 million. Custom homesites in The Ridges are priced from the $400,000s. Luxury apartment homes offer monthly rents starting from the $900s. Visit www.summerlin.com for more information.
About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 16 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC and is headquartered in Dallas, TX. For additional information about HHC, visit www.howardhughes.com.
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