I thought this was interesting. Being in Las Vegas, our residents know that Summerlin is a large Master Planned Development (neighborhood) within Las Vegas, and not a city, so the fact that it was singled out is interesting, but even more interesting is how much more it grew as compared to the other "growth" areas.

Daily Real Estate News  |   February 10, 2009  |   Share

In the last decade, there have been hundreds of communities in every state that have seen significant growth in new homes. Many of them are outside the urban core and often far from established centers of employment. In a new report, BusinessWeek poses the question: Will the current economic slowdown put an end to these communities?

"The boomtowns of this decade are not booming so much in the last couple years," said William H. Frey, a demographer at the Brookings Institution in Washington, D.C., tells the magazine. "It's possible those places will come back again. A lot depends on where the economy grows and where the new knowledge centers are."

BusinessWeek worked with Gadberry Group, a business location company, to identify communities in every state that have experienced the largest growth. The results were published in a report called "America's Biggest Boomtowns."

The top ten fastest-growing communities:

1. Summerlin South, Nev., 618 percent
2. Katy, Texas, 168 percent
3. Wentzville, Mo., 160 percent
4. Spring Hill, Tenn., 157 percent
5. South Carolina, 156 percent
6. Brighton, Colo., 153 percent
7. Wesley Chapel, Fla., 151 percent
8. Lehi, Utah, 110 percent
9. Canton, Ga., 99 percent
10. Oswego, Ill., 98 percent

Source: Business Week, Prashant Gopal (02/06/2009)