Boulder City: Sitting On A Gold Mine?

April 16, 2006 Posted In Economic News Real Estate News

Boulder City residents are set to vote on a plan that will make every resident of the city a millionaire. In November an initiative could be called on for the city to sell 167 sq. miles of undeveloped open land.

The land is part of some of hottest selling real estate in the country, which is located 25 miles southeast of Las Vegas Nevada.

Since the land is so close and in all actuality is potential Las Vegas property, it is priced in the billions.

Requirements would require the city to distribute the billions to the 15,000 residents of Boulder City Nevada.

Many Las Vegas developers’ interests have been peeked. Stay tuned.