Saturday, May 17, 2025 11:29 AM
Image aggregated from The Nevada Independent.
Howard Hughes Holdings CEO David O’Reilly viewed hedge fund Pershing Square’s $900 million investment into the real estate giant on May 2 as a vote of confidence.
With roughly 3,000 acres of the nearly 23,000-acre Summerlin master-planned community remaining to develop, the possibilities abound.
O’Reilly said he hopes that at least 30 of those acres in western Las Vegas will go toward a film studio complex that the company supports. Howard Hughes has been touting the effort, proposed through the film tax credit expansion bill AB238, with a series of Southern Nevada television commercials. He said two undeveloped areas could house a casino-resort.
Separately, Red Rock Resorts controls a 58-acre site along Flamingo Road and Interstate 215 that is zoned for gaming.
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