Mira Villa condos in Summerlin had an unsure future. The developer, Westmark Homes went into bankruptcy and the future of their current projects were in limbo. Last month a bankruptcy judge approved the completion of construction. real estate approved by bankruptcy judge to complete construction. The decision includes the completion of the 113 units, plus $37 million in post bankruptcy financing and $10 million in mechanics’ liens. Construction on the project had been halted for nine months.
The project deadline is Januargy 6, 2009 at which time the building premits will expire. The new general contractor for Mira Villa is Isaac Construction.
Mira Villa is located adjacent to the Badland golf course in the Canyons village in Summerlin.
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