Sean Bloom Announces Ambitious $2 Billion Real Estate Project

May 10 18:24 2024
Sean Bloom Announces Ambitious $2 Billion Real Estate Project

Jay and Sean Bloom (2024)

Sean Bloom, a young and driven entrepreneur, has unveiled plans for a groundbreaking real estate development project in Las Vegas, Nevada. 

The proposed project, estimated to cost over $2 billion, aims to construct several thousand residential units across the state, with a focus on affordable housing.

Bloom, who is just 21 years old, expressed his enthusiasm for the project, stating, “I’m really excited for all the people/families we’re going to help with this project and the thousands of jobs we will create.” 

He emphasized the severity of the affordable housing crisis in Las Vegas, noting that the city faces a shortage of over 100,000 units. “Even just these couple thousand units we’re building make us the largest workforce housing project in the United States,” Bloom added.

In addition to addressing the housing inventory crisis, Bloom’s project seeks to create a significant number of jobs in Nevada, which currently ranks as the state with the third-highest unemployment rate in the nation. 

As of March 2024, the unemployment rate in the Las Vegas Metropolitan Statistical Area (MSA) stood at 5.1%, a slight improvement from the previous month’s 5.2%.

Bloom stressed the importance of job creation, stating, “I believe that people want to work, but they need jobs. Much of our two-billion dollar real estate development plan involves channeling funds into creating construction, remodeling, management, and landscaping jobs.”

While the project has not yet been officially launched, Bloom expects to commence work by the end of the second quarter of 2024. He will be working alongside his father, Jay Bloom, a renowned real estate investor and developer.

Interested parties can visit Sean Bloom’s official website for more information and updates on this ambitious project.

About Sean Bloom

Sean Bloom, 21, is a Las Vegas-based investor and entrepreneur. As the son of real estate mogul Jay Bloom, Sean has been exposed to the world of real estate from a young age. He currently serves as the president and managing partner of the Bloom Family office.

Media Contact
Company Name: Bloom Family Office
Contact Person: Devan Leos
Email: Send Email
City: Las Vegas
State: Nevada
Country: United States