Ridgeview Brochure

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Ridgeview Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy. The Area Henderson has continued to grow by leaps and bounds on the past few years. With communities like Green Valley Ranch, McDonald Highlands, Crystal Ridge, Anthem, Seven Hills and others Henderson has become one of the most prestigious communities in Southern Nevada. With all of this growth some areas have become popular for retail and offi ce development to support this growing, high-end community. Horizon Ridge Parkway is one of these areas. Overall though there has been some offi ce product built most of it has been for lease or for smaller users. Ridgeview Professional Complex is a rarity as one of the few class A+ offi ce developments to be offered in this highend community for sale. Ridgeview Professional Complex was developed and built by Pelican Development. Pelican Development is a local developer with plans to build a fi rst class offi ce, retail and residential destination at the intersection of Horizon Ridge and Gibson. Pelican’s vision is to create a unique environment fi tting to the high-income community that surrounds it. Now under construction is Caritas Horizon Plaza a mixed use retail/ offi ce/high-rise project and across the way is Tuscany Plaza another mixed use project now in the planning stages. COMMERCIAL REAL ESTATE COMPANY New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com 8
Ridgeview Professional Complex ~ 1080 & 1090 Horizon Ridge Pkwy. The Area The developer of Crystal Ridge, the multimillion dollar gated community in Henderson is expected to build 472 homes along the hillside between Green Valley Pkwy. and Gibson Rd. and are expected to be the most expensive single family homes in the Las Vegas Valley. whether any preferential treatment was given to the developer who was represented before the City Council by former Henderson City Manager Bob Campbell. City officials maintain no preference was given. The project had its critics from the beginning, with residents submitting a petition with hundreds of people opposing the project, arguing it would detract from the beauty of the hillsides by allowing 65 homes on top of the ridgeline. The city granted the waiver from the hillside ordinance soon after it had been updated in April 2004. Those changes were cosmetic and didn't facilitate the waiver that was granted, council members said. Zoning approved on the 632-acre site in October 1995 didn't guarantee a set number of homes, but a plan at the time called for 745 homes that would disturb about 262 acres of hillside. Under the city's hillside ordinance adopted in 1997, the project was entitled to a maximum of 343 homes that would disturb 151 acres. A ridgeline on the project was listed as sensitive because of its prominence and development on it was precluded. Engineer Darren Bench, president of CVL Consultants, looks over the Crystal Ridge residential development in Henderson in April. Photo by Steve Marcus But in granting a waiver in June 2004, the city allowed the developer to boost the total number of homes by 129 and the right to disturb an additional 58 acres of the hillside. Officials also waived the requirement that homes be built no closer than 100 feet from a sensitive ridgeline, essentially allowing 65 homes on its top. Portions of the ridgeline do not qualify as sensitive because a higher ridgeline is farther to the south, city officials said. The ridgeline development requires the removal of up to 50 feet from its top, but city officials said that would be much less intrusive than what the codes allowed the developer to do. By using the 100-foot setback, the developer would have had to significantly cut into the side of the hillside and fill a slope over 450 feet high - resulting in scarring of the hillside. In getting the waivers, the developer agreed to minimize the hillside disturbance by concentrating density and grading in canyon areas visible only on the development. Some 176 lots, or 36 percent, aren't visible from those looking at the hillside. Henderson had the region's first hillside ordinance, which was modeled after one in Scottsdale, Ariz. Clark County borrowed from Henderson's ordinance when it adopted its own in 2000, but took it a step further by limiting density and protecting ridgelines even more. Henderson officials said no other development within the current city limits will approach Crystal Ridge's height. Much of the hillside property is either owned by the city or at much lower elevation. Brian Wargo covers real estate and development for In Business Las Vegas and its sister publication, the Las Vegas Sun. He can be reached at (702) 443-3604 or by e- mail at wargo@lasvegassun.com. COMMERCIAL REAL ESTATE COMPANY New Growth Real Estate Company, Inc. T (702) 655.4111 www.newgrowthrealestate.com 9
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Ridgeview Brochure

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