Southern Nevada is carrying more simultaneous construction than at any point since the mid-2000s, and this time the projects are not only casinos. A 218-mile electric rail line is being built in the median of Interstate 15. A Major League Baseball park is rising at Tropicana and the Strip. Harry Reid International Airport is adding gates while the federal government studies a second airport in the Ivanpah Valley. Downtown is delivering its first luxury high-rise apartments in a generation, the Historic Westside has a $400 million rebuild under way, a children's hospital is about to start on the UNLV research campus, and the largest federal land sale in two decades has cleared the way for up to 6,000 homes in the northwest.
Buyers ask me the same question about every one of them: what does it do to home values near me? The answer is different for each project, because a rail station, a ballpark and a hospital create three different kinds of demand, and a 6,000-home master plan creates supply. This guide takes the 12 largest projects under construction or approved as of September 2026, states what primary sources verify about each budget and timeline, and pairs each with Las Vegas MLS data pulled through Repliers on September 19, 2026 for the nearest neighborhoods. Where a figure could not be verified, I say so rather than repeat it.
Twelve major projects are reshaping Southern Nevada as of September 2026: Brightline West's 218-mile rail line (opening late 2029), the A's 33,000-seat ballpark (targeting 2028), Harry Reid's 26-gate expansion, the Ivanpah airport study, Symphony Park's 547 new apartments, the Historic Westside rebuild, Hard Rock's guitar tower, the Clark County innovation district, a $1 billion children's hospital, Monument Hills, Aries and Henderson's master-plan buildouts. Each changes nearby demand or supply differently; buy on the specific effect, not the headline.
- Brightline West's Las Vegas station sits on Las Vegas Boulevard south of the Strip, with service targeted for 2029.
- The A's 33,000-seat ballpark at Tropicana and the Strip carries $380 million in public financing, targeting April 2028.
- Harry Reid handled nearly 55 million passengers in 2025 and plans 26 more Terminal 1 gates as capacity tightens.
- Symphony Park's Bria and Capella add 547 apartments downtown in 2026; the cited 390-unit figure matches no verified project.
- Monument Hills and Aries add up to 9,000 planned homes on the northwest and east edges, tempering resale gains.
Which 12 Projects Matter Most, and Where Do They Stand as of September 2026?
The list below is limited to projects that are under construction or carry a government approval as of September 2026. Proposed arenas, unfunded resorts and rumored land deals are left out, because a buyer cannot underwrite a rumor. Budgets are given only where a primary source states one; the Hard Rock rebuild and the Harry Reid modernization have not published a total, and I have not invented one.
| Project | Status | Published budget or scale | Timeline | Nearest neighborhoods |
|---|---|---|---|---|
| Brightline West high-speed rail | Under construction since April 2024 | At least $12 billion; $3 billion federal grant | Service targeted late 2029 | South Strip, Enterprise, Southern Highlands |
| Athletics ballpark and Bally's resort | Under construction since June 2025 | Ballpark in the $2 billion range; $380 million public | April 2028 target | Paradise, UNLV area, south Strip condos |
| Harry Reid International modernization | Phased projects under way | 26 new Terminal 1 gates; total cost not published | Through early 2030s | Paradise, Enterprise, Henderson west |
| Southern Nevada Supplemental Airport (Ivanpah) | Federal EIS restarted May 2025 | 6,000-acre site near Jean | Decision expected 2028; opening well into the 2030s | Southern Highlands, Henderson, Jean |
| Symphony Park residential | Bria and Capella opening 2026; Cello Tower not started | 547 apartments; 240 planned condos | 2026 and beyond | Downtown, Arts District |
| Historic Westside rebuild | Marble Manor broke ground April 2026; microbusiness park opening 2026 | $400 million and $53 million | Phases through about 2032 | Historic Westside, 89106 |
| Hard Rock Las Vegas (former Mirage) | Guitar tower topped out May 2026 | Cost not confirmed by the company | Late 2027 or early 2028 | Center Strip, high-rise condos |
| Clark County innovation district | Action plan adopted; district core planned | Roughly 8 square miles; 10 to 20 acre core | Multi-year | Spring Valley, Enterprise, southwest |
| Intermountain children's hospital | Approved; construction starting fall 2026 | More than $1 billion; 200 beds | Patients about 2030 | Southwest valley, Spring Valley |
| Monument Hills master plan | Land sale completed August 2026 | 940 acres; $94 million; up to 6,000 homes | First homes 2028 or later | Skye Canyon, Centennial Hills, Providence |
| Aries master plan (former Three Kids Mine) | Opened June 2026 | 1,100 acres; plans for 3,000-plus homes | Del Webb sales 2027; buildout over a decade | East Henderson, Lake Las Vegas |
| Cadence and Inspirada buildouts | Cadence selling; Inspirada in final phases | Cadence: nearly 50-acre Central Park, 11-plus builders | Cadence into the 2030s; Inspirada closing out | Henderson east and west |
A note on totals. The published figures alone exceed $15 billion before the Hard Rock rebuild, the airport program and the private master plans, none of which has a public total, so this guide does not headline a grand total that would be half guesswork.
How Will Brightline West Change the South End of Las Vegas Boulevard?
Brightline West is the largest single project in the state, and its Las Vegas end lands in a neighborhood most tourists never see. According to Brightline West, the 218-mile all-electric line will run at speeds up to 200 miles per hour between Las Vegas and Rancho Cucamonga in approximately two hours, with four stations: Las Vegas, Hesperia, Victor Valley in Apple Valley and Rancho Cucamonga. The company's construction page places the Las Vegas station at the south end of the Strip near the I-15 and I-215 interchange, with lounges and a large pick-up and drop-off area. According to Fox5's January 13, 2026 report, the line is now scheduled for completion in late 2029, the cost is estimated at at least $12 billion, $3 billion of it is a federal grant approved in 2023, and the station's parking garage was taking shape in early 2026 while the project remained in its civil-construction phase along I-15.
The station site on Las Vegas Boulevard between Warm Springs and Blue Diamond roads is bordered by the Premium Outlets South, industrial parcels and, to the west and south, the resale neighborhoods of Enterprise and Southern Highlands. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 579 single-family closings in ZIPs 89119 and 89123, the two ZIPs closest to the station, in the 12 months ending September 17, 2026, at a median of $462,500, with 199 active listings at a median asking price of $549,900. That is below the valley's $475,000 August 2026 median reported by Las Vegas REALTORS, which reflects the age and mix of housing near the airport rather than any rail effect.
What the station changes is the character of the south boulevard, not the price of a house in Southern Highlands in 2026. Rail stations generate demand for hotel rooms, parking, retail and eventually apartments within walking distance; they generate very little single-family demand three miles away, and the first riders will not board until late 2029 on the current schedule. In our experience, the buyers who benefit most from a project like this own close-in commercial-adjacent property or condos before opening day; they do not pay a 2026 premium for a resale home on the promise of a train. Treat Brightline as long-term support for the south valley, not a 2026 premium.
What Does the A's Ballpark Do to the Neighborhoods Around Tropicana?
The ballpark is the most visible construction on the Strip and the one with the clearest public accounting. According to the Nevada Independent's July 28, 2025 report, Athletics owner John Fisher put the cost in the $2 billion range, up from the $1.5 billion originally billed and the $1.75 billion cited at the June 2025 groundbreaking; the 33,000-seat park at Tropicana Avenue and the Strip is targeted for April 2028; and the public share is $380 million approved through Senate Bill 1 in 2023, made up of $145 million in bond and tax proceeds, $180 million in transferable tax credits and $25 million in county credit. The Fisher family committed at least $1.1 billion in equity, with $300 million in loans from U.S. Bank and Goldman Sachs and a $100 million equity investment from Aramark. According to the Review-Journal's August 2026 construction coverage, the long-span roof steel began going up in late August 2026, with the five overlapping roof pennants carried on 700-foot arch trusses and a cable-net glass wall in the outfield facing the Strip.
The ballpark occupies nine acres of the 35-acre former Tropicana site, and the rest of the parcel is a resort project. According to Travel Market Report's September 30, 2025 coverage, Bally's plans two hotel towers totaling 3,000 rooms, a 2,500-seat entertainment venue and more than 500,000 square feet of retail, dining and entertainment integrated with the ballpark, with construction starting in 2026. No cost was disclosed.
For housing, the ballpark's effect concentrates in the high-rise condos within a mile of Tropicana and in the older neighborhoods of Paradise east of the Strip. Eighty-one home dates a year bring traffic, parking demand and short-term rental pressure to the streets between the Strip and UNLV, and a new reason for a second-home buyer to want a tower unit with a view of the roof. The single-family blocks between Tropicana and Flamingo were already priced for proximity to the Strip; the ballpark adds nuisance and demand in roughly equal measure there. Check a parcel's short-term rental status with Clark County before assuming game-day income, because the county's licensing rules, not the schedule, decide whether a unit can be rented by the night.
How Is Harry Reid International Airport Expanding, and Who Feels It?
The airport is the valley's economic front door, and it is close to full. According to Harry Reid International Airport, the airport served nearly 55 million passengers in 2025, 5.9% fewer than the record 58.4 million in 2024 and the third-highest annual total in its history. According to the airport's October 28, 2024 modernization announcement, the plan adds 26 gates to Terminal 1, redesignates Terminal 3 as Terminal 2 with a redesigned ticketing level and curbside self-bag-drop, builds a terminal-to-terminal roadway flyover, and adds two multimodal centers at the north and south ends for ride-share, transit and employee parking. According to News 3's June 17, 2026 report, airport officials warned that Harry Reid could become severely capacity constrained by the early 2030s without continued expansion, and current work includes additions to the A and C gate areas, Terminal 1 circulation upgrades and tram modernization, with a major update promised by the end of 2026. The airport's new U.S. Customs and Border Protection facility for international general aviation and cargo opened on the west side of the airfield on September 17, 2026, according to Fox5.
No total cost for the modernization has been published in the sources I reviewed, so I have left the figure out. What the plan tells a homeowner is directional: the airport is going to be busier, not quieter, for the rest of the decade, and the neighborhoods under its approach and departure paths in Paradise, Enterprise and western Henderson will carry that traffic. The airport's noise contours are public; read them before an offer rather than after the first summer of open windows.
The demand side is the larger story. An airport that handles 55 million passengers a year employs tens of thousands of people directly and through airlines, concessions, rental cars and logistics, and that workforce lives in the south and east valley. In our experience, the neighborhoods within 15 minutes of the terminal that are not under a flight path, including parts of Southern Highlands and the western edge of Green Valley, are where airport and airline professionals tend to buy.
When Will the Ivanpah Airport Happen, and Should It Affect a Purchase Today?
The second airport is the longest-dated project in this guide and the most misunderstood. According to the Federal Register notice of May 19, 2025, the Federal Aviation Administration and the Bureau of Land Management cancelled the environmental review that had been suspended since the late 2000s and began a new Environmental Impact Statement and resource management plan amendment for the proposed Southern Nevada Supplemental Airport. According to the project's EIS site, the airport would occupy an approximately 6,000-acre site in the Ivanpah Valley about 30 miles south of Las Vegas near Jean and Primm, with an additional 17,000 acres conveyed for noise compatibility and 2,320 acres for flood mitigation; the public scoping period closed on September 5, 2025, and a 90-day public review of the draft EIS is planned. The June 17, 2026 News 3 report cited above says a final federal decision is expected in 2028, and the Las Vegas Weekly has described the airport as a project that would not be complete until well into the 2030s.
That timeline is the entire answer for a buyer in 2026. An airport that has not been designed, funded or approved, on a site 30 miles from the nearest master plan, does not move the price of a home in Southern Highlands or Henderson this year or next. What it does is preserve the long-run growth case for the south valley: the county is planning for a region that outgrows Harry Reid in the 2030s, which is a statement about expected population and visitor growth more than about any one neighborhood.
The nearer-term effect is on land. The airport reservation, the noise-compatibility acreage and the flood-mitigation acreage together take more than 25,000 acres of the Ivanpah Valley off the table for other uses. Buyers approached about "airport-adjacent" land near Jean and Primm should understand that the surrounding land use will be decided by the same federal process, and that no residential entitlement follows from an airport that may open in the mid-2030s.
What Is Symphony Park Actually Adding Downtown, and Where Does the 390-Unit Figure Come From?
Symphony Park is the city-owned district behind the Plaza and the Smith Center, and 2026 is the year its residential pipeline delivers. According to Southern Land Company, the Nashville-based developer is opening two buildings at 255 and 277 Promenade Place: Bria, a five-story mid-rise with 275 apartments from studios to one-bedrooms, and Capella, a 22-story high-rise with 272 residences including studios, one- and two-bedroom homes and penthouses above about 16,250 square feet of retail. Both are expected to open to residents in 2026. According to the company's pre-leasing announcement, Bria and Capella together with Gemma in the 18b Arts District bring 884 new luxury apartments to downtown Las Vegas in 2026, following Auric Symphony Park, the developer's first 324-unit building completed in 2021.
A competitor's post states that "downtown Las Vegas is adding 390 residential units." I could not match that number to any verified project. Bria and Capella total 547 units; Auric holds 324; the third pipeline project, Red Ridge Development's Origin at Symphony Park, is a six-acre mixed-use plan with a 32-story condominium tower called Cello Tower, a mid-rise apartment building and about 100,000 square feet of retail and office space, according to REBusinessOnline's August 2023 report. The Review-Journal has reported Cello Tower at 240 for-sale units. As of spring 2026, according to Hoodline's March 2026 report, the developer was still finalizing financing and the land sale had not closed, so those 240 condos are a plan, not a building. If the 390 figure exists, it is either a stale phase count or an arithmetic error; use the verified numbers.
| Building | Developer | Units and type | Stories | Status |
|---|---|---|---|---|
| Auric Symphony Park | Southern Land Company | 324 apartments | Mid-rise | Completed 2021 |
| Bria | Southern Land Company | 275 apartments, studios to one-bedroom | 5 | Pre-leasing; opening 2026 |
| Capella | Southern Land Company | 272 apartments including penthouses | 22 | Opening 2026 |
| Cello Tower at Origin | Red Ridge Development | 240 for-sale condominiums (planned) | 32 | Financing and land sale pending as of spring 2026 |
For Symphony Park and downtown Las Vegas buyers, the important number is the condo one, because the apartments are rentals. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 45 condo and townhome closings in ZIPs 89101 and 89106 in the 12 months ending September 17, 2026 at a median of $269,000, with 42 active listings at a median asking price of $282,500. A 240-unit luxury tower would sell at multiples of that median if built, with Juhl, Newport Lofts and Soho Lofts as its comparables. Until Cello Tower closes its land and financing, downtown condos remain a small, older inventory priced for buyers who want walkability more than square footage.
What Is the Historic Westside Rebuild, and What Happens to 89106 Prices?
Two federally supported projects are rebuilding the Historic Westside at the same time, and they are often confused with each other. The first is the Lake Mead Microbusiness Park. According to Clark County, the $53 million project west of I-15 on Lake Mead Boulevard is funded through Clark County and State of Nevada American Rescue Plan Act resources, with Brinshore Development as developer, and delivers 76 workforce apartments for households at or below 80% of area median income alongside more than 20,000 square feet of retail, office, restaurant, classroom and maker space, with leasing beginning in early 2026. According to News 3, the park at 620 W. Lake Mead Boulevard, next to Nevada Partners and the Las Vegas Culinary Academy, was slated to open by August 2026 with 41 of the 76 units reserved at 80% of area median income, 33 at 60% and two at 50%.
The second project is Marble Manor. According to Senators Rosen and Cortez Masto's July 16, 2024 announcement, Las Vegas received a $50 million HUD Choice Neighborhoods Implementation grant for the Historic Westside, one of a handful awarded nationally that year. According to News 3, the roughly $400 million rebuild of the 1950s public housing site broke ground on April 9, 2026, will replace Marble Manor with 627 mixed-income homes over five phases through about 2032, gives existing residents relocation help and a right to return, and delivers its first 138 apartments in 2027. Our Historic Westside redevelopment guide covers the neighborhood history and the grant leverage in detail.
For resale values, 89106 is the cheapest close-in single-family market in the city, and the rebuild does not change that overnight. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 149 single-family closings in 89106 in the 12 months ending September 17, 2026 at a median of $340,000 and $251 per square foot, with 57 active listings at a median asking price of $359,900. The adjacent 89101 posted a $320,000 median on 105 closings. The two projects add 703 subsidized and mixed-income units, a commercial anchor and a decade of public investment in streets, lighting and services; they do not add market-rate single-family demand. In our experience, the buyers who do well here are owner-occupants who buy a sound house on a good block and hold through the build-out, not investors expecting the grant to appraise their duplex.
What Are Sphere and the Hard Rock Rebuild Doing for Strip-Adjacent Housing?
The Strip's investment cycle is the valley's employment engine, and two projects bracket it. Sphere is finished and sets the scale. According to Construction Dive's July 2023 report, the $2.3 billion venue, nearly double its original $1.2 billion estimate, rises 366 feet, seats 17,600 with standing room for about 20,000, and wraps its exterior in 580,000 square feet of programmable LED; it opened on September 29, 2023.
The Hard Rock rebuild of the former Mirage is the largest Strip construction under way. According to the Nevada Independent's April 2026 report, Hard Rock International bought The Mirage in 2022 for $1.1 billion, closed it in July 2024, and is building a guitar-shaped tower just under 700 feet tall with an estimated 600 rooms, targeting a late 2027 or early 2028 opening; a $4 billion to $5 billion cost was suggested in 2023 but the company has declined to confirm it. According to the Review-Journal, the tower's final structural beam was set on May 1, 2026 and the exterior glass was nearing completion by late summer. According to Fox5's July 20, 2026 report, county filings show a roughly 2,000-seat theater, a karaoke venue and a guitar-shaped pool.
The housing effect of a resort is almost entirely through jobs. A 3,000-room-scale property employs thousands of people, and those households live in Paradise, Spring Valley, the east valley and Henderson, not on the Strip. Resort openings in 2027 and 2028, stacked with the ballpark, will add hiring at a moment when the valley's resale market has softened. For high-rise condos within a mile of the center Strip, the Hard Rock's opening adds a reason for a second-home buyer to want the view. For single-family buyers, the honest read is that the Strip's construction cycle protects employment across the valley rather than lifting any particular neighborhood.
Where Is the Clark County Innovation District, and Does It Move Southwest Prices?
The innovation district is a policy map more than a construction site, and it should be judged as one. According to Clark County's Office of Community and Economic Development, the district lies in the southwest valley between UNLV's Harry Reid Research and Technology Park and South Decatur Boulevard, and its action plan positions the area to blend technology with the county's hospitality and manufacturing base. According to the Review-Journal's coverage of the plan, the zone is bounded by Russell Road on the north, Robindale Road on the south, Decatur Boulevard on the east and Durango Drive on the west, and the county envisions a district core of 10 to 20 acres with multiple office buildings, mixed-use retail and walkable public space. Existing employers inside the boundary include the Switch data center campus and the UNLV park.
The anchor is real and growing. According to UNLV's Office of Economic Development, the Harry Reid Research and Technology Park covers 122 acres, houses more than 100 companies and about 1,000 employees, and is planned for roughly 12 buildings and 1.5 million square feet at build-out. Our tech corridor guide makes the point that matters for housing: a data center employs a few hundred people regardless of its price tag, while a research park produces portable, high-earning households that stay in the metro, hire locally and buy across the southwest and Summerlin.
The MLS shows a southwest market that is already the valley's most active. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 581 single-family closings in ZIPs 89118 and 89139, the ZIPs the district overlaps, in the 12 months ending September 17, 2026 at a median of $490,000, with 274 active listings at a median asking price of $569,500; the adjacent 89148 and 89113 posted 971 closings at a $525,000 median. Those figures reflect the southwest's newer housing stock and the 215, not a district core that has yet to break ground. For buyers in Spring Valley, Enterprise and Mountain's Edge, the district means continued employer demand within a 15-minute drive, and the children's hospital is the first billion-dollar proof of it.
How Big Is the Children's Hospital at UNLV, and Which Neighborhoods Gain?
The largest healthcare project in Nevada's history is starting on the innovation district's anchor campus. According to Intermountain Health's July 9, 2025 announcement, the state's first stand-alone comprehensive children's hospital will rise at the UNLV Research and Technology Park with 200 beds, built by The PENTA Building Group and Jacobsen Construction, with groundbreaking expected in early 2026 and opening projected for 2030; Intermountain projects a $724 million economic boost during five years of construction and $841 million in annual economic output once open. According to KTNV, the hospital's cost exceeds $1 billion. According to Nevada Business Magazine's May 2026 healthcare report, Intermountain planned to start construction in fall 2026 and see patients near the end of 2030, the schedule now in effect.
The same report catalogs the rest of the hospital pipeline. HCA Healthcare bought nearly 57 acres of a former Station Casinos site near the Strip in late 2022 for an oncology-focused hospital that remains in pre-construction; HCA's Southern Hills Hospital opened its sixth and seventh floors in January 2026, the seventh dedicated to inpatient rehabilitation; and HCA's CareNow urgent-care chain has 20 valley locations with two more planned by the end of 2026 and a goal of 30 by 2029. In the Las Vegas Medical District along Charleston, according to the Las Vegas Sun's August 7, 2026 report, Nevada Health and Bioscience is building a $44 million, 34,000-square-foot academic laboratory near the UNLV medical school, due to open in early 2027, that will keep diagnostic testing in state and house a blood donor center.
Hospitals are the strongest housing demand generators on this list, because they employ physicians, nurses, technicians and administrators at every income level and on every shift. A 200-bed children's hospital will pull households toward the southwest valley the way Summerlin Hospital pulled them west and St. Rose pulled them to Henderson. The neighborhoods within a 15-minute drive of the UNLV park, including Spring Valley, Enterprise, Southern Highlands and Mountain's Edge, are the ones that gain, and the gain arrives on the hiring timeline of 2029 and 2030 rather than at the groundbreaking. A buyer who wants to get ahead of it should buy a house they would want anyway in that arc, at 2026 prices.
What Does the Monument Hills Land Sale Mean for Northwest Las Vegas?
Monument Hills is the supply-side event of the year. According to Governor Lombardo's September 2, 2026 announcement, the City of Las Vegas completed the acquisition of federal land in the upper northwest at the end of August 2026 and conveyed it to Olympia Companies for a master plan of up to 6,000 homes across a range of price points, from attainable housing to executive homes, including dedicated off-base housing for Creech and Nellis Air Force Base personnel, with an estimated $3 billion to $4 billion in total economic impact and roughly 1,000 permanent jobs. Our Monument Hills guide reported the transaction's mechanics: 940 acres bought from the Bureau of Land Management and sold the same week to Olympia Companies and Bruin Capital for $94 million, the largest such sale in two decades, with first homes unlikely before 2028 given the grading, utility and mapping work ahead.
The northwest is already the valley's largest resale market by count, which is why the supply question matters here more than anywhere else. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 1,506 single-family closings in ZIPs 89131, 89143 and 89166, the ZIPs around Skye Canyon, Centennial Hills and Providence, in the 12 months ending September 17, 2026 at a median of $530,000 and $248 per square foot, with 604 active listings at a median asking price of $585,450. That is a market with more than four months of listing supply at the current pace, and a 6,000-home master plan on its edge adds competition for every resale seller in the 2028 to 2035 window.
The nuance is in the price bands. A master plan that opens with attainable and military-oriented product competes with the northwest's $400,000 to $550,000 resales, not with its $900,000 custom homes on acreage. In our experience, Skye Canyon slowed appreciation in the surrounding production neighborhoods for its first few years and then lifted the whole area once its parks, schools and retail were in; Monument Hills should follow the same arc. A seller with a 2028 timeline should think about listing before the first Monument Hills model homes open rather than after.
How Does Aries Change East Henderson and Lake Las Vegas?
Aries is the largest new master plan to open in Henderson in years, and it sits on land most residents thought would never be built. According to the Review-Journal's June 2026 report, PulteGroup's Aries spans more than 1,100 acres on the south side of Lake Mead Parkway about five miles northeast of Boulder Highway, on the former Three Kids Mine, a manganese mine that once produced for the federal government; five neighborhoods opened at once in June 2026 with prices from the $300,000s to the $500,000s, city records show plans for upwards of 3,000 homes, and PulteGroup has sold tracts to other builders. According to Realty News Report's September 12, 2026 coverage, the plan calls for 24 neighborhoods mixing single-family and multifamily homes, Pulte currently offers 15 floor plans from 1,285 to 2,727 square feet, and the Del Webb 55-plus brand expects to begin sales in 2027 with its own clubhouse, fitness center and pickleball courts.
Aries sits across Lake Mead Parkway from Lake Las Vegas, in the 89015 ZIP that has long been Henderson's most affordable. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 505 single-family closings in 89015 in the 12 months ending September 17, 2026 at a median of $434,900 and $266 per square foot, with 193 active listings at a median asking price of $495,000. Pulte's opening prices land squarely on that resale median, which is the point: the first Aries buyers are the households who would otherwise buy a 20-year-old resale in the same ZIP, and every new-construction incentive Pulte offers is a discount the resale seller down the street has to match.
The longer view is more favorable to east Henderson owners. A 3,000-home master plan brings parks, a Del Webb amenity center, retail pads and, over time, the school and road investment that the older subdivisions along Lake Mead Parkway have waited decades for. Our Henderson new construction page tracks the Aries neighborhoods as they open. The advice for a buyer is the same as for any first-phase master plan: the earliest phases carry the lowest prices and the longest wait for amenities, and the local improvement district assessment on the tax bill is a real cost to price against the incentive. Verify the assessment balance for the specific lot before signing.
Where Do Cadence and Inspirada Stand, and What Happens When a Master Plan Finishes?
Henderson's two established master plans are at opposite ends of their lives. Cadence, on the east side, is still selling. According to Cadence, the master plan's Central Park spans nearly 50 acres, more than a dozen builder brands are active including Beazer, Century Communities, D.R. Horton, Lennar, Richmond American, Taylor Morrison and Woodside, and it ranks among the nation's top 10 best-selling master-planned communities. Las Vegas MLS data pulled through Repliers on September 19, 2026 shows 518 single-family closings filed under Cadence subdivisions in the 12 months ending September 17, 2026 at a median of $504,970 and $245 per square foot, with 202 active listings at a median asking price of $525,045, a count that includes both new and resale homes.
Inspirada, on the west side of Henderson near the 215, is in its final builder phases as of September 2026, with the last KB Home, Toll Brothers and Tri Pointe sections closing. The same MLS pull shows 245 single-family closings in Inspirada in the 12 months ending September 17, 2026 at a median of $615,000 and $260 per square foot, with 88 active listings at a median asking price of $590,444. The wider 89044 ZIP posted 626 closings at a $565,375 median.
| Measure | Cadence (east Henderson) | Inspirada (west Henderson) | Aries ZIP 89015 (east Henderson) |
|---|---|---|---|
| Single-family closings | 518 | 245 | 505 |
| Median closing price | $504,970 | $615,000 | $434,900 |
| Median price per square foot | $245 | $260 | $266 |
| Active listings, September 19, 2026 | 202 | 88 | 193 |
| Median asking price | $525,045 | $590,444 | $495,000 |
| Buildout stage | Selling, many builders active | Final builder phases | Opened June 2026 |
The pattern in that table is the one every master plan follows. Inspirada, nearly finished, carries the highest median and the thinnest inventory, because its parks and schools are built, its builder incentives are gone and its owners no longer compete with a model home down the street. Cadence, mid-build, carries a lower median and more inventory because the builders are still there. Aries, brand new, opens at the bottom. In our experience, the best entry into a master plan is the last third of its build-out, when the amenities exist and the builder discounts still do, and the best exit is a few years after the final phase closes. Inspirada owners are at that exit now; Cadence is approaching the best entry window; Aries buyers are at the start of a long wait that the price reflects.
How Should a Buyer or Seller Use This List in 2026?
Twelve projects sound like a boom, and in construction employment they are one. In home prices they are not, at least not yet. According to Las Vegas REALTORS' August 2026 report, the median existing single-family home in Southern Nevada sold for $475,000 in August 2026, down 1.0% from a year earlier and below the $490,000 record set in May and June, with 2,252 sales in the month. According to Freddie Mac, the average 30-year fixed rate was 6.95% for the week of September 17, 2026. These projects are being built into a soft, rate-constrained resale market, which is why their effects show up as support in specific places rather than a valley-wide lift.
| Project type | Examples in this guide | Primary housing effect | When it shows up |
|---|---|---|---|
| Transport hub | Brightline West station, Harry Reid gates, Ivanpah study | Commercial and condo demand nearby; noise and traffic for single-family | At opening; 2029 and beyond |
| Entertainment venue | A's ballpark, Bally's resort, Hard Rock, Sphere | Hospitality jobs valley-wide; high-rise condo demand within a mile; short-term rental pressure | At opening; 2027 to 2028 |
| Employment anchor | Children's hospital, innovation district, UNLV park | Household demand at every income level within a 15-minute drive | On hiring; 2029 to 2030 |
| Subsidized housing and civic rebuild | Marble Manor, microbusiness park | Neighborhood stabilization; little market-rate demand | Phased; 2026 to 2032 |
| New master plan | Monument Hills, Aries | Supply competition for nearby resales first; amenity lift later | Competition 2026 to 2030; lift after |
| Master plan finishing | Inspirada | Thin inventory, no builder competition, price support | Now |
For a buyer, the discipline is to separate the project you can see from the effect you can price. A house near a hospital that opens in 2030 should be bought because you want the house, at a 2026 price that does not include the hospital. A house near a master plan that opens in 2028 should be bought knowing the builders will be your competition if you sell in 2029. A condo near the ballpark should be bought with the county's short-term rental rules in hand. For a seller, the discipline is timing: an Inspirada or Summerlin resale sells into thin competition today, while a northwest or east Henderson resale faces new-construction incentives that get stronger before they get weaker. Relocating buyers can start with our moving to Las Vegas guide and the new construction pages.
Frequently Asked Questions
When will Brightline West open, and where is the Las Vegas station?
According to Fox5's January 13, 2026 report, Brightline West's 218-mile line between Las Vegas and Rancho Cucamonga is now scheduled for completion in late 2029, with an estimated cost of at least $12 billion including a $3 billion federal grant approved in 2023. The Las Vegas station is on Las Vegas Boulevard south of the Strip between Warm Springs and Blue Diamond roads near the I-15 and I-215 interchange, and its parking garage was under construction in early 2026. Trains will run at speeds up to 200 miles per hour with a trip of about two hours, according to the company.
How much does the A's ballpark cost, and how much is public money?
Athletics owner John Fisher told reporters in July 2025 that the ballpark's cost had risen into the $2 billion range, up from $1.5 billion originally and $1.75 billion at the June 2025 groundbreaking, according to the Nevada Independent. The public contribution is capped at $380 million under Senate Bill 1 of 2023: $145 million in bond and tax proceeds, $180 million in transferable tax credits and $25 million in county credit. The 33,000-seat park on nine acres at Tropicana and the Strip is targeted for April 2028, and the roof steel began going up in August 2026.
Is Las Vegas really adding 390 residential units downtown?
I could not verify that figure against any project. The verified Symphony Park pipeline as of September 19, 2026 is Southern Land Company's Bria (275 apartments) and Capella (272 apartments), both opening in 2026, following the 324-unit Auric completed in 2021, and Red Ridge Development's planned 240-condo Cello Tower, which had not closed its land purchase or financing as of spring 2026. Southern Land says its 2026 downtown deliveries, including Gemma in the Arts District, total 884 apartments. Use those numbers rather than the 390 figure.
Will Monument Hills lower home prices in northwest Las Vegas?
It will add competition before it adds value. The master plan approved through the September 2026 land sale allows up to 6,000 homes on 940 acres, with first homes unlikely before 2028. The surrounding ZIPs 89131, 89143 and 89166 closed 1,506 single-family homes in the 12 months ending September 17, 2026 at a $530,000 median with 604 active listings, so builder incentives from 2028 on will pressure resales in the $400,000 to $550,000 band first. Once parks, schools and retail are built, the area typically re-rates upward, as Skye Canyon did.
What is being built in the Historic Westside?
Two projects. The $53 million Lake Mead Microbusiness Park at 620 W. Lake Mead Boulevard, funded with Clark County and state American Rescue Plan Act dollars and developed by Brinshore, delivers 76 workforce apartments and more than 20,000 square feet of commercial and maker space, with leasing starting in 2026. Separately, the roughly $400 million Marble Manor rebuild, anchored by a $50 million HUD Choice Neighborhoods grant awarded in July 2024, broke ground on April 9, 2026 and will replace the 1950s public housing site with 627 mixed-income homes in five phases through about 2032, with 138 apartments due in 2027.
Which of these projects creates the most housing demand?
The children's hospital and the rest of the hospital pipeline, followed by the resort and ballpark openings. Intermountain's 200-bed hospital at the UNLV Research and Technology Park is projected to open around 2030 and generate $841 million in annual economic output, and hospitals employ across every income level and shift, which is what pulls households toward a location. Resort openings such as Hard Rock's add thousands of hospitality jobs valley-wide. Transport projects like Brightline West mostly generate commercial and condo demand near the station.
Should I wait for these projects before buying in Las Vegas?
Not on their account. Every project on this list is dated 2026 to the 2030s, and the resale market they are being built into is soft: Las Vegas REALTORS reported a $475,000 single-family median in August 2026, down 1.0% from a year earlier, with 30-year rates near 6.95% in mid-September 2026 per Freddie Mac. A buyer who wants a home in the southwest, Henderson or the northwest for the next decade is buying at prices that do not yet include the hospital, the ballpark or the rail line. The risk is on the supply side near Monument Hills and Aries, where builder incentives will compete with resales.
Ready to Buy or Sell Near One of These Projects With Nevada Real Estate Group?
The projects in this guide will be under construction for the rest of the decade, and the neighborhoods around them will be priced differently in 2028 than in September 2026. Our team at Nevada Real Estate Group has represented more than 9,600 closings across Nevada, including 789 homes in 2025, and we track every one of these projects because clients ask about them on nearly every tour. What we bring is the discipline in this guide: the closed comparables for the specific neighborhood, the project's actual schedule from its own sources, and an honest read on whether the effect is demand, supply or noise.
If you are buying, tell us which project drew your attention and we will show you the neighborhoods where it matters and the ones where it does not. A hospital employee relocating for the 2030 opening, a second-home buyer who wants a tower with a ballpark view, a family choosing between a Cadence resale and an Aries new build, and a northwest homeowner deciding whether to list before Monument Hills opens are four different conversations. If you are selling, we will show you where your home sits relative to the new-construction competition that is coming, and when the listing window is strongest.
Call or text (702) 637-1759, or start with our Las Vegas and Henderson city pages, the new construction tracker and the moving to Las Vegas guide. Nevada Real Estate Group is brokered by LPT Realty, license S.181401, at 8945 W Russell Rd, Suite 170, Las Vegas, NV 89148. We will give you the project's real timeline and the neighborhood's real numbers, and let you decide from there.
Which Sources Inform This Southern Nevada Development Guide?
Project facts were checked against the sources below on September 19, 2026. Neighborhood figures come from Las Vegas MLS data pulled through Repliers on September 19, 2026, covering single-family closings in the 12 months ending September 17, 2026 and active listings as of the pull date, grouped by ZIP code or MLS subdivision as stated in each section; they are a brokerage data pull, not an official Las Vegas REALTORS statistic.
- Brightline West and its construction page: route, speed, travel time, stations and the Las Vegas station.
- Fox5 Las Vegas, January 13, 2026: the late 2029 timeline, cost estimate and federal grant.
- The Nevada Independent, July 28, 2025: ballpark cost, public and private financing, capacity and opening target.
- Las Vegas Review-Journal, August 2026: the roof steel milestone.
- Travel Market Report, September 30, 2025: the Bally's resort plans.
- Harry Reid International Airport, 2025 passengers, October 28, 2024 modernization plan, News 3, June 17, 2026 and Fox5, September 17, 2026.
- Federal Register, May 19, 2025 and Southern Nevada Supplemental Airport EIS: the restarted review, site acreage and scoping dates.
- Southern Land Company, Bria and Capella and pre-leasing announcement: unit counts and 2026 openings.
- REBusinessOnline, August 3, 2023, Las Vegas Review-Journal and Hoodline, March 2026: Origin, Cello Tower and its financing status.
- Clark County, Lake Mead Microbusiness Park and News 3: budget, funding, unit mix and opening.
- Senators Rosen and Cortez Masto, July 16, 2024 and News 3, Marble Manor: the HUD grant and the rebuild.
- Construction Dive, July 19, 2023: Sphere's cost, capacity and opening.
- The Nevada Independent, April 2026, Las Vegas Review-Journal and Fox5, July 20, 2026: the Hard Rock rebuild.
- Clark County Office of Community and Economic Development, Las Vegas Review-Journal and UNLV Office of Economic Development: the innovation district and research park.
- Intermountain Health, July 9, 2025, KTNV, Nevada Business Magazine, May 2026 and Las Vegas Sun, August 7, 2026: the hospital pipeline and laboratory.
- Office of Governor Joe Lombardo, September 2, 2026: the Monument Hills land sale.
- Las Vegas Review-Journal, June 2026 and Realty News Report, September 12, 2026: Aries.
- Cadence: Central Park acreage, builders and ranking.
- Las Vegas REALTORS August 2026 report, via Nevada Business Magazine: the $475,000 median and sales count.
- Freddie Mac Primary Mortgage Market Survey: the 6.95% 30-year average for the week of September 17, 2026.
Budgets, schedules and unit counts change as projects advance. Confirm the current status of any project, and the current comparables for any neighborhood, before making a purchase or listing decision.
