A few years ago, Lake Las Vegas was on the verge of collapse.Foreclosures swept through the bankrupt Henderson project as home values and retail sales plunged. Shuttered golf courses turned brown. The project’s only casino closed because an adjacent hotel locked its doors. Even a man-made waterfall was turned off.Now, the lavish project described for years as a financial bust is slowly nursing itself back to health.Home prices are on the upswing, hotel occupancy is inching higher, and new tenants are joining the retail district.
via Lake Las Vegas, long viewed as a bust, is rebounding – VEGAS INC.
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