LAS VEGAS (AP) — With its boarded up trailer homes and a sliding population, Indian Springs doesn't seem like an ideal spot for new real estate projects.
But the Las Vegas Review-Journal reports that Southern Nevada developers say they want to build a 304-unit apartment complex on the edge of the unincorporated community some 50 miles northwest of the Las Vegas Strip.
Las Vegas broker and investor Mason Harvey is seeking partners for the project and says any groundbreaking would likely be at least year away, but if built the complex could house some of the thousands of workers at a nearby air force base and state prison facilities.
The site is one of many languishing after the real estate bust. As the market recovers, a tavern-and-hotel project is also in the works for Indian Springs.