Lennar Breaks Ground on 1,000-Home Foundry Project in Downtown Las Vegas
Las Vegas – October 15, 2026 -- Lennar has broken ground on The Foundry, a gated community of more than 1,000 townhomes and single-family detached homes priced from the $300,000s on roughly 70 acres in downtown Las Vegas. Vertical construction is expected to begin in October 2027.
Lennar redevelops former Cashman Center and Grant Sawyer Building sites
The project spans approximately 70 acres across the former Grant Sawyer Building and Cashman Center sites near Las Vegas Boulevard and East Washington Avenue. It is being advanced through a public-private partnership among the City of Las Vegas, the State of Nevada and Lennar. The partners aim to convert underutilized downtown properties into housing for first-time buyers, young families and others seeking to own a home.