The name of the place is Coyote Springs. 150,000 acres comes with some water rights (aquifers). They will also take water from the Muddy River drainage before it runs into Lake Mead.
The lake has fallen 100 feet in the last 10 years. New pipes are going deeper into the lake at the cost of billions. S NV doesn't need another 150,000 houses.
But what does Kangaroo Rat Reid care if the price is right?
yitbos
go after the appraisal AND
the appraisal review
find the engagement letter for the assignment
You can still see the location - North of the cutoff to 168. The Lincoln County boys put them (the prostitutes) out of business as the USAF was supposed to open a missile test range (Yes, Ried on that one as well).
The range fell thru and the County was out a major industry.
There is literally nothing around for miles. I guess this is to be another Mesquite - which took decades to get going. I used to drive from Nellis to Panaca every week to support the EW range that used to be in the area. Even lived in Panaca for a while. Not much going on in the south of the County.
With the price of mortgage loans, gas and energy going up - I see this going nowhere.