{"id":1004082521,"date":"2013-08-21T14:23:05","date_gmt":"2013-08-21T22:23:05","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=167776"},"modified":"2020-05-13T02:23:18","modified_gmt":"2020-05-13T10:23:18","slug":"inspirada-wins-approval-for-project-changes-unveils-park-plans","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/inspirada-wins-approval-for-project-changes-unveils-park-plans\/","title":{"rendered":"Inspirada Wins Approval for Project Changes, Unveils Park Plans"},"content":{"rendered":"<p class=\"MsoNormal\"><em style=\"mso-bidi-font-style: normal;\">By Alex Girda, Associate Editor<\/em><\/p>\n<p class=\"MsoNormal\">The Henderson City Council has approved major changes intended to boost Inspirada Builders L.L.C.\u2019s struggling 1,600-acre residential development. On Aug. 6, <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/KB-Inspirada.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-167810\" title=\"KB Inspirada\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/KB-Inspirada.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a> the council signed off on Inspirada\u2019s request to modify its development agreement with the city, the <em>Las Vegas Review-Journal<\/em> reported. Three years after receiving city approval in 2005, the development hit a snag during the recession, and it is now in the process of emerging from bankruptcy protection.<\/p>\n<p>The modifications approved by the council would give Inspirada flexibility in its home designs and would reduce the amount of park space. Completed portions, as well as Inspirada Town Center\u2014the project\u2019s 350-acre mixed-use centerpiece\u2014would be unaffected by the modifications. The number of units would remain capped at 8,500. Participating builders include KB Homes, which is building 72 percent of the units, as well as Pardee Homes, Toll Brothers and Beazer Homes.<\/p>\n<p>On Aug. 8, Inspirada detailed plans to build 30 acres of parks at a cost of about $20 million and donate them to the city, the <a href=\"https:\/\/www.reviewjournal.com\/business\/housing\/inspirada-outlines-plans-30-acres-parks\" rel=\"nofollow\" ><em> Review-Journal<\/em><\/a> reported. Inspirada will build two community parks and a neighborhood park. A fall groundbreaking is scheduled for the first community park, which will include lighted multi-use fields, a dog park, basketball courts, tennis courts, a splash pad and play areas. The second community park is scheduled to break ground next year; completion is scheduled for 2014.<\/p>\n<p class=\"MsoNormal\">Image courtesy of <em>kbhome.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Henderson City Council has thrown Inspirada Builders LLC a lifeline in the form of a new project to develop a total of 30 acres of parks, at its southwest Henderson housing project. The massive housing development has been struggling for a while now, and the developer recently had an important modification approved by local authorities. According to The Las Vegas Review-Journal, the development is currently attempting a bounce-back from bankruptcy, and the recently approved amendment to the plan will help improve the state of the 1,600-acre housing project.<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[],"class_list":["post-1004082521","post","type-post","status-publish","format-standard","hentry","category-las-vegas","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Inspirada Wins Approval for Project Changes, Unveils Park Plans - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/inspirada-wins-approval-for-project-changes-unveils-park-plans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inspirada Wins Approval for Project Changes, Unveils Park Plans\" \/>\n<meta property=\"og:description\" content=\"The Henderson City Council has thrown Inspirada Builders LLC a lifeline in the form of a new project to develop a total of 30 acres of parks, at its southwest Henderson housing project. 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According to The Las Vegas Review-Journal, the development is currently attempting a bounce-back from bankruptcy, and the recently approved amendment to the plan will help improve the state of the 1,600-acre housing project.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/inspirada-wins-approval-for-project-changes-unveils-park-plans\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-21T22:23:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T10:23:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/KB-Inspirada.jpg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"Inspirada Wins Approval for Project Changes, Unveils Park Plans\",\"datePublished\":\"2013-08-21T22:23:05+00:00\",\"dateModified\":\"2020-05-13T10:23:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/\"},\"wordCount\":241,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/08\\\/KB-Inspirada.jpg\",\"articleSection\":[\"Las Vegas\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/inspirada-wins-approval-for-project-changes-unveils-park-plans\\\/\",\"name\":\"Inspirada Wins Approval for Project Changes, Unveils Park Plans - 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