Developer buys 16 acres for less than $1,600 for big project in North Las Vegas

Developer Agora Realty & Management acquired approximately 15.8 acres of city‑owned land on Civic Center Drive, just north of Lake Mead Boulevard, for $1,575, according to records. The transaction with the city of North Las Vegas closed in July. The purchase is part of an agreement approved by the North Las Vegas City Council last fall for Agora to obtain roughly 19 acres of municipal property for $1,938.80 and develop a mixed‑use project featuring commercial space, apartments, and a civic building. "Aaron Lefton, president of acquisitions and leasing at Agora, said the project tract will also feature gathering spaces and other amenities to draw people to the area, including a recreation center." "As he put it, the developers are trying to make