Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady

Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’… [More...]

Nevada Selected as Official Site for Tesla Battery Gigafactory

Governor Brian Sandoval and Elon Musk, announced that Nevada has been selected as the official site for the Tesla Gigafactory.

CARSON CITY, NV – Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, announced that Nevada has been selected as the official site for the Tesla Gigafactory. “This is great news for Nevada. Tesla will build the world’s largest and most advanced battery factory in Nevada which means nearly one hundred billion… [More...]

Nevada Land Market Continues to Recover

“The land market has been in recovery since 2010, and homebuilders have been driving that,” said managing partner of Sunbelt Development & Realty Partners.

Demand for land in Nevada has resembled a rollercoaster pattern this decade. During the real estate boom in the first half of the 2000s, both residential and commercial developers hungrily purchased land, driving up prices. With the recession, the opposite happened; development nearly ceased, land demand decreased and so did the price. Again, the pendulum… [More...]

A Future of Change: Economic Development

At the top of the economic development wish list is unmanned aerial vehicles, also known as drones, presenting one of the biggest opportunities for Nevada.

Nevada, because of its narrow focus on three industries, was devastated by the recession and eventually led the nation in foreclosures and unemployment. As both the director of the Governor’s Office of Economic Development (GOED) and a resident of Nevada, Steve Hill believes there is a rising wave of economic development diversifying an outdated and… [More...]

The Medical Marijuana Program in Nevada: An Update on Establishment Applications

On June 12, 2013, Governor Brian Sandoval signed legislation authorizing the sale of medical marijuana in Nevada.

On June 12, 2013, Governor Brian Sandoval signed legislation authorizing the sale of marijuana in Nevada for medicinal purposes. The historic legislation allows cardholders and caregivers to legally purchase marijuana for medicinal use. Using marijuana for medicinal purposes has been legal in Nevada since 2001; however cardholders and caregivers have had to grow their own… [More...]

Power Poll 2014: The Bounce Back

The 2014 Power Poll marks the twelfth year executives have weighed in on various issues that affect business for Nevada Business Magazine.

Optimism characterizes the mood of Nevada executives this year. Whether it’s waving goodbye to the recession or already having moved on to bigger and better things, business owners and executives have officially brushed off the oppressive economy and are now working on the bounce back. The 2014 Power Poll marks the twelfth year executives have… [More...]

Nevada Celebrates Her Sesquicentennial: 150 Years of Statehood

The Nevada 150 Commission has planned a series of events, gatherings, exhibits and legacy projects to commemorate Nevada’s Sesquicentennial.

By executive order of Governor Brian Sandoval, the Nevada 150 Commission has planned a series of events, gatherings, exhibits and legacy projects to commemorate Nevada’s Sesquicentennial, a once-in-a-lifetime opportunity to showcase the unique contribution of Nevada’s rich culture and history. The yearlong celebration includes official community-based and signature Nevada 150 events, guaranteed to instill pride… [More...]

Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market

Southern Nevada’s industrial real estate market enjoyed one of its best years in recent memory. That is according to a recent report provided by Colliers International – Las Vegas. “Without a doubt, 2013 was the best year Southern Nevada’s industrial real estate market has had in five years,” said Colliers’ research director John Stater. “Hopefully, it… [More...]

Governor Sandoval Appoints Thom Sheets to Tax Commission

Thomas Sheets has been appointed to the Nevada Tax Commission by Governor Brian Sandoval.

LAS VEGAS – Thomas Sheets, an attorney at McDonald Carano Wilson LLP and former general counsel of the Federal Energy Regulatory Commission, has been appointed to the Nevada Tax Commission by Governor Brian Sandoval. This appointment marks Sheets’ return to the Nevada Tax Commission, where he served as chair for six years before leaving to work… [More...]

Former General Counsel to Governor Brian Sandoval Lucas Foletta Joins McDonald Carano Wilson LLP

McDonald Carano Wilson LLP announced the hiring of attorney Lucas Foletta, prior to joining he served as general counsel to Governor Brian Sandoval.

LAS VEGAS – McDonald Carano Wilson LLP announced the hiring of attorney Lucas Foletta. Prior to joining McDonald Carano Wilson, Foletta served as general counsel to Governor Brian Sandoval. He formerly worked as an assistant U.S. attorney and as a law clerk for Governor Brian Sandoval when he was a U.S. District Court Judge for the… [More...]

State of Nevada, Providence of Alberta Sign MOU to Promote UVS Efforts

LAS VEGAS, Nev. – The Nevada Governor’s Office of Economic Development (GOED) and the Province of Alberta‘s Ministry of International and Intergovernmental Relations have joined together to establish a collaborative relationship through a Memorandum of Understanding (MOU)  to promote opportunities in the Unmanned Vehicle System (UVS) sector. The MOU was signed by GOED Director Steve Hill… [More...]

Made in Nevada: What Happens Here Goes Everywhere

Exports made in Nevada are growing healthily despite the lackadaisical economy.

America and the world want what Nevada’s got – and not just what’s on the Strip. Exports traveling from Nevada to points north, south, east and west are growing healthily despite the lackadaisical economy. Bolstered by visionary entrepreneurs, a solid workforce, smart tax policies and a state government that mostly knows when to help and… [More...]

July 2013: Around the State

Nevdada business news - July 2013: Around the State

AlphaVu Launches Nevada Operations AlphaVu LLC, a Washington, DC company that provides data mining and target messaging, has established a Las Vegas branch. The Nevada arm will serve as the operational base for the company’s growth into the southwest region.  AlphaVu-Nevada will open its doors next month in the Howard Hughes Center.  The company serves… [More...]

The Glenn Group Selected to Handle PR for Nevada 150

The Glenn Group has been hired by the Nevada Sesquicentennial Planning Committee to handle public relations promoting the statewide celebration of Nevada’s Sesquicentennial birthday. The agency will work closely with the planning committee to help build awareness and excitement for the celebration. “We are honored to have been selected to help carry out the Governor’s plan… [More...]

Nevada 150 Foundation Selects The Glenn Group for Public Relations

Las Vegas, NEV. – The Nevada Sesquicentennial Planning Committee has retained The Glenn Group, a Nevada-based marketing communications firm, to provide public relations services to promote the statewide celebration of Nevada’s Sesquicentennial birthday. The agency will work closely with the planning committee to help build awareness and excitement for the celebration and drive the overall strategy of… [More...]

Nevada homeowners Fared Well in 2013 Legislature, NVAR reports

Patty Kelley

For release June 11, 2013 Contact: George McCabe, B&P Public Relations 702.967.2222 gmccabe@bpadlv.com Homeowners fared well in Legislature, says NVAR, citing laws shaped by its “Face of Foreclosure” reports Homeowners fared well in the recently concluded 2013 session of the Nevada Legislature, according to leaders of the Nevada Association of REALTORS (NVAR). “I was particularly… [More...]

Nevada Capital Investment Increasing

Nevada capital investment will increase by an additional $200 million after the state approved tax abatements for nine companies. The Board of the Governor’s Office of Economic Development announced last week the abatements would also create 330 jobs initially.  The approved companies include Performance Pipe, Fab Fulfillment Corp, GreatCall, Inc., Hamilton Company, MBT Repair, PPG Industries,… [More...]

GOED Board Sees Job Creation and Capital Investment in Nevada Increase

Nevada Governor's Office of Economic Development

LAS VEGAS, NV (May 20, 2013) – The Board of the Governor’s Office of Economic Development (GOED) last Thursday approved tax abatements for nine companies, creating nearly 330 jobs initially and increasing capital investment in Nevada by an additional $200 million. “I am pleased that as a direct result of our economic development efforts, the Governor’s… [More...]

Nevada State Bank’s Terry Shirey Named Vice Chair of Nevada Capital investment Corporation

Terry Shirey

Terry Shirey, executive vice president and chief financial officer of Nevada State Bank, was named vice chair of the Nevada Capital Investment Corporation (NCIC). He was appointed to the board by Nevada Governor Brian Sandoval. Chaired by State Treasurer Kate Marshall, the NCIC works with the private sector and the Nevada System of Higher Education… [More...]

Transparent Nevada: Nevada’s Collective Bargaining Laws Enable Government Employees to Live High at Taxpayers’ Expense

Last year, Governor Brian Sandoval made $181,586.49 in total compensation. How many government employees in Nevada made more than the governor? One hundred, five hundred … maybe a thousand? No, nope and not even close. Over 2,000 government employees in Nevada made more in total compensation than the governor in 2012. Those employees include, a… [More...]

Assembly Republicans Call For Responsible Tax Policy

Carson City, NV – The Assembly Republican Caucus is opposed to the plan to place a measure on the ballot to signal out and tax Nevada’s gold and silver mine operators. “Members of the Assembly Republican Caucus, many of whom represent areas of the state where mining is a vital partner in their local communities,… [More...]

Nevada Economy Improving Despite Slight Unemployment Uptick

The Nevada unemployment rate is up slightly, but the overall economy remains improved over last year. The Nevada Department of Employment, Training and Rehabilitation (DETR) announced this morning that the state unemployment rose slightly to 9.7% in March.  This rise ended 20 months of the rate either declining or holding steady, said Bill Anderson, chief… [More...]