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Former Badlands owner buying Las Vegas land again after big settlement with city

Las Vegas Review-Journal·Eli Segall·21 days ago
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Developer Yohan Lowie is buying land in Las Vegas again, following a nine-figure settlement with the city over his project plans for the shuttered Badlands golf course. The Bureau of Land Management recently announced that it sold 108 acres in the Las Vegas Valley for roughly $68.6 million through an online auction held in late April . As seen in the list of buyers provided by the agency, the winning bidders included Lowie’s firm EHB Companies. Lowie’s group picked up a 20.6-acre parcel at the northeast corner of Tropical Parkway and Alpine Ridge Way, in the northwest valley, for about $14.2 million through a limited liability company controlled by EHB. The fair market value for the site was around $9 million, according to the BLM. Property records show the plot is within Las Vegas city limits. In general, homebuilders, land flippers and other real estate investors often buy land in Southern Nevada through BLM auctions.…

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