Population Drain From North Las Vegas May Soon Stop
North Las Vegas has suffered a population drain in recent times. Too many residents have opted to move out to other areas such as Summerlin, Green Valley, or other nearby towns. These are mostly higher income earners which certainly hurts the city’s tax base. But, now there is hope.
Later this month the 2,000 acre Villages at Tule Springs will break ground. This major development will contain 8,600 new homes including 2,000 for people 55-years old and up.
The Las Vegas Review Journal reports:
North Las Vegas Mayor John Lee is hoping the $1 billion Faraday Future electric car plant will keep the city in the spotlight while 150 acres near the VA Medical Center is groomed as a medical hub. Lee is counting on the collective success of these three projects, and others, to hoist the city away from its financial struggles8Full story here.