Reopened golf courses could turn the tide
Billionaire Gary Paulson sees economic promise in Lake Las Vegas, and he’s staking some of his fortune on the struggling Henderson, Nevada community. Paulson’s purchase of 1,100 acres of land at Lake Las Vegas has raised hopes that the community can recover from a dramatic downturn in which it lost its casino, its golf course, and a number of local businesses.
According to KTNV, Paulson’s investment group will dedicate some of his new acreage to build more houses. And the group has already begun the process of reopening the Reflection Bay Golf Course, which local businesspeople say could help reverse the fortunes of the Henderson community.
“I think getting the golf courses open is really what’s going to turn things around,” said Lori Jo Klemptner, owner of Flights of Fancy toy store.
“It’s great news for the retail, great news for the property, and great news for food and beverage,” said Michael Gasta with Hilton Lake Las Vegas.
In August, a new parkway will open connecting Lake Las Vegas to the Galleria Mall in Henderson, another promising development.
