As most industries recover from the impacts of the COVID pandemic, builders and developers are still facing challenges with the supply chain, workforce issues and market uncertainty. In spite of those challenges, industry leaders are forging ahead in shaping Nevada’s skylines. Recently, builders and developers met in a virtual roundtable, sponsored by City National Bank, to … [Read more...] about Industry Focus
Michael Russell
Commercial Builders in NevadaWeathering the Storm
Nevada’s commercial builders — the companies that build about everything except single-family houses — weathered the first months of the COVID-19 pandemic in passably good shape. But, questions linger about how well the industry will fare if the state’s economy remains weak into the early days of next year. After some bumps during the worst of the pandemic’s early days, most … [Read more...] about Commercial Builders in Nevada
Commercial Builders: The Rebound and the Growing Pains
Whereas Nevada’s commercial construction industry was all but dead five years ago, today it’s alive, with activity edging up. “We are finally in a period of growth. A lot more work is happening,” said Mac Bybee, president, Associated Builders and Contractors Inc. (ABC), Nevada Chapter, a statewide trade association that provides training, apprenticeship programs, government … [Read more...] about Commercial Builders: The Rebound and the Growing Pains
Builders & Developers: Resurgence in the Market
Commercial builders and developers in Nevada are moving ahead – not as robustly as they would like, to be sure – with projects in a variety of segments. John Restrepo, the principal of RCG Economics LLC in Las Vegas, has observed that Southern Nevada’s three major commercial markets – industrial, office and retail – are “moderately improving, although the overall numbers and … [Read more...] about Builders & Developers: Resurgence in the Market