In another sign that our recovery is in full swing, developers are breaking ground on a new master plan community in the Northwest part of the Valley.
Skye Canyon held its groundbreaking ceremony on June 5th. This is the first big, new residential development to get underway since the recession began.
The 1,700-acre project sits near U.S. 95 and Horse Drive. Once completed, Skye Canyon will feature 9,000 homes that range from single-family to luxury estates. Home prices will range from $200,000 to $500,000. Skye Canyon will also feature commercial and gaming businesses, community parks and a trail system for hiking and biking. The first new home models are scheduled to open in the summer of 2015. They are planning to be building the community for about 7-10 years.