Did you know that Nevada firms are not given any preference over out-of-state companies on bids to provide goods and services to local government? Existing law does provide a 5 percent preference in bidding on public works and highway construction projects, but that doesn’t help local companies that might want to supply products or provide professional services. Nearly 40 … [Read more...] about Put Local Businesses First: Bidding Preferences Make Sense for Nevada
Archives for June 2010
Opportunities Abound The values of both precious and industrial metals and select minerals are up and rising. Previously closed mines are being reopened. Exploration for new untapped ore continues. Geothermal projects are increasing. Investment in the state’s mining is relatively strong. All of these activities indicate a stable industry in the Silver State. “By and large, … [Read more...] about The Gold Issue: Mining in Nevada
This may not be your ordinary election. Because for a change, everyone is saying pretty much the same thing, at the same time, and with the hope of getting to the same place: somewhere we can find solutions. Veterans of the political process have watched it change from spirited elections to a partisan and uncivil process where it seems the only thing parties can agree on is … [Read more...] about Nevada Election 2010: Decision-Making Time
In today’s age, technology is growing faster than anyone can possibly follow. With new, more efficient ways to do things and faster connections to the world around us, technology is the industry to follow. Recently, executives representing technology firms in Nevada met at the law offices of Holland & Hart in Las Vegas to discuss some of the issues they face. Connie … [Read more...] about Industry Focus: Technology
National Geothermal Institute Established at UNR The United States Department of Energy (DOE) has awarded the University of Nevada, Reno a $1.2 million grant to develop and operate the National Geothermal Institute, a consortium of top geothermal schools. The institute is designed to transform and grow the national energy infrastructure to utilize America’s geothermal … [Read more...] about June 2010: Around the State
Dear members and readers; NAIOP Southern Nevada, a chapter of NAIOP, the Commercial Real Estate Development Association, represents the interests of commercial real estate professionals throughout Southern Nevada including the Las Vegas valley. Among the most active professional organizations in Nevada, the local chapter of NAIOP is committed to the success and growth of … [Read more...] about NAIOP Works: Providing Resources and Connections in Any Economy
Vice President Las Vegas Number of Employees: 31 Years in Nevada: 20 Years with Company: 17 What inspired you to get into your industry? Like most people, I never really planned to be in the insurance business, but have found it to be a natural fit due to my communication, analysis and problem solving skills. How do you encourage growth and development within … [Read more...] about Gregory K. Pike, CIC: McFadden Insurance Agency, Inc.
Public discourse in the Silver State is dominated by how state lawmakers will address a multi-billion dollar “budget shortfall” heading into the 2011 legislative session. The potential size of the projected “shortfall” could prompt calls for tax increases that would dwarf the record-breaking tax-hike package that was passed just last year, in the 2009 session. What lawmakers … [Read more...] about Fix the Approach, Fix the Problem: State’s fiscal woes result from broken process
Like the tail wagging the dog, Southern Nevada’s commercial retail properties market has followed the industrial and office markets into the doldrums of recession. “The Las Vegas retail market has been impacted tremendously,” says David Grant, senior vice president retail division for Colliers International in Las Vegas. As first quarter 2010 statistics continue to paint a … [Read more...] about Time to Buy? Commercial Retail Market in Nevada
Las Vegas The Las Vegas Valley office market continued to deteriorate with rising vacancies and diminishing rents. Net absorption, or the change in the amount of occupied space between periods, remained negative for the sixth consecutive quarter. The market reported total first quarter negative net absorption of 81,200 square feet. The office market expanded by 84,800 … [Read more...] about Office Summary: First Quarter 2010
The US economy continued to recover from one of the deepest recessions in US history. US gross domestic product (GDP) has advanced for the last three quarters, with growth averaging 3.7 percent over that period. Personal consumption expenditures, accounting for almost 70 percent of GDP, have rebounded, posting an average gain of 2.7 percent in the last three quarters. Still, … [Read more...] about June 2010: Business Indicators
“The freedom and entrepreneurial spirit to create and build dreams. We are a city that embraces change, nurtures growth and promotes innovation.” Virginia Martino • Founder/CEO, Brand, Ltd. “The most surprising and favorite thing I have found about living in Nevada is the numerous hiking and outdoor activities. My family and I hike 2-3 times a week, and have yet to take … [Read more...] about What is your favorite thing about living in Nevada?