Lennar Corp. has named its master planned community at the site of the former Badlands golf course “The Preserve.”
The master planned community will be made up of 1,480 residential units, which will be a mixture of townhouses, condos and single-family homes. The site is 250 acres.
This development comes after the site was tied up in lawsuits with the former owner, EHB Companies, and the City of Las Vegas. EHB’s plan originally featured thousands of multifamily units but was ultimately not approved after staunch local opposition. (NVBEX: Dec. 10, 2024; July 9)
A settlement was approved in 2024 to resolve the litigation. Las Vegas agreed to purchase the golf course from the original owner for $636M and then sell it to Lennar for $350M.
The homebuilder recently displayed a sign at the site that says, “Reclaiming the Badlands – Redefining Luxury,” and “Coming 2028.” (Source)
