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UNLV economist: federal ownership, developability filters limit Clark County’s vacant land supply
Summary
Dr. Sean McCoy told the Clark County Commission that although much parcel acreage appears vacant, ownership and physical constraints greatly limit developable land; he cited data showing high shares of federal control and urged parcel-level analysis before policy changes.
Dr. Sean McCoy, director of the LEED/Lehi Center for Real Estate at the University of Nevada, Las Vegas, told the Clark County Commission on Oct. 21 that headline counts of “vacant” land overstate what is practically available for development.
McCoy, an economist who said his presentation was a data talk rather than a policy prescription, said “88% of Clark County’s land mass is federally controlled,” and that when county parcel data are layered with federal boundaries the result is that “94% of all vacant parcels are currently federally controlled.” He added that only 6.3% of the county’s land mass lies within the federal disposal boundary commonly considered for transfer or sale.
His presentation distinguished…
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