Parts of a new housing development are breaking ground today in Summerlin, near the 215 beltway and Cheyenne Avenue.
The community is called Reverence and will have nearly 900 homes, a fitness center and tennis courts.
At the groundbreaking ceremony Thursday, officials say the development is a sign the city's economy is turning around.
The builder, Pulte Homes, originally purchased the land back in 2006. After the crash, they had to put the development on hold. Now, they're back, adding hundreds of jobs, and hoping to boost the economy even more.
"They decided to bet on Las Vegas coming back, and that's what's happening today," says city councilman Stavros Anthony. "Las Vegas is coming back."
The new development is expected to bring a lot more traffic to the area, and some local businesses are looking forward to cashing in.
"It should bring in a lot of business, and more people around the neighborhood," says Alivia Arencibia, with Shades Tanning Salon.
Officials say they hope to have models open in June.