Sprawl

Fronteras
2:34 pm
Thu December 1, 2011

Beyond Sprawl: Can Foreign Cash Save The Housing Market?

Kevin Chu and his colleague Christian Santika work for the Hong Kong office of The Creations Group, an international investment firm that is buying up distressed properties in several U.S. cities, including Las Vegas.
Jude Joffe-Block.

LAS VEGAS — The unending rash of foreclosures and falling home prices in Las Vegas continues to cause despair. But the same housing crisis is causing some investors to see opportunity. Home prices have dropped to 1990s levels, and many homes in the area are selling for below the amount it would cost to build them.

In fact, these Las Vegas homes are getting noticed from buyers all over the world.

Kevin Chu recently toured Las Vegas for the first time to check on his investment firm’s properties.

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Fronteras
12:00 am
Wed November 30, 2011

Beyond Sprawl: Gambling On Downtown Las Vegas

The block of Fremont Street just east of Las Vegas Boulevard is arguably the most vibrant part of the downtown neighborhood. In the past few years, a string of hip bars and an independent coffee house have cropped up and become popular hangouts for locals
Jude Joffe-Block

LAS VEGAS — Like most Southwest cities, the Las Vegas growth model was to expand out, creating sprawling suburbs and quiet gated communities.

But one trendsetting local business – the online shoe company, Zappos – thinks an urban setting would be a better fit for its employees and industry.

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Fronteras
12:00 am
Mon November 28, 2011

Beyond Sprawl: The Southwest Zombie Problem

A solitary manhole cover in a stalled development in suburban Phoenix.
By Peter O'Dowd

PPHOENIX — Homebuilders have long made a living expanding the edges of Southwestern cities. But look around these days and you’ll find construction projects that have screeched to a halt.

Up to 1 million lots in Central Arizona were in some stage of approval for new homes when the market crashed, according to the Sonoran Institute.

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