Work is almost completed on the Crescent Dunes Solar Energy Project, located near Tonopah. The developers had received a $737 million loan guarantee from the U.S. Department of Energy, so if the project fails like Solyndra did, taxpayers will be on the hook for all that money. Even if we don’t have to ultimately make good on the loan, we’ll still be paying for it in lots of … [Read more...]
Archives for June 2014
Legal Elite 2014: Nevada’s Top Attorneys
This year’s Legal Elite polling garnered 6,454 nominations of attorneys from across the Silver State. This annual list highlights Nevada’s top attorneys as chosen by their peers. All votes are based on nominations from other attorneys and the following pages highlight the top vote getters in Northern Nevada, Southern Nevada, the Best Up and Coming attorneys and the top 10 … [Read more...]
A Future of Change: Economic Development
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(GOED) and a resident of Nevada, Steve Hill believes there is a rising wave of economic development diversifying an outdated and vulnerable economy built on … [Read more...]
Industry Focus: Technology
Technology continues to be one of the fastest growing industries in today’s world, showing no signs of slowing down. Recently, executives representing technology and communication companies across the state met at the Las Vegas offices of Gordon Silver to discuss the challenges of their industry as options and demands become more complex. Connie Brennan, publisher of Nevada … [Read more...]
Connecting the Dots: Nevada’s Place in the Global Economy
Ninety-six percent of the world’s population lives outside the U.S. Yet only 1 percent of American businesses export their products and services. In countries like Germany and Japan, some 40 to 60 percent of GDP is in export. Still, our 1 percent translates to trillions of dollars coming into the U.S. economy, according to Randy Innis, chair, Nevada District Export … [Read more...]
Tammy Dermody: Walton’s Funerals & Cremations
President Reno http://www.waltonsfuneralhomes.com/ How did you first get into your profession? It is a family business that I worked in over the summers since I was 16 years old. I have always been close to my father and wanted to follow in his footsteps, as he is so compassionate and kind. If you had to choose another profession, what would it be? Executive Director … [Read more...]
Jennifer Joy: Joy Solutions, LLC
Virtual Bookkeeper Las Vegas http://www.joysolutionsllc.com/ How did you first get into your profession? After working in healthcare finance, real estate and retail, I relocated to Vegas to work on-site at UC San Diego- Nevada Cancer Institute, as a business change consultant and managed their finance department out of bankruptcy. Over the course of a year, I designed … [Read more...]
Tim Larkin: Target Focus Training
Founder/President Las Vegas http://www.targetfocustraining.com/ How did you first get into your profession? My grandfather introduced me to boxing when I was four years old and I’ve been fascinated with the subject of self-defense ever since. If you could be remembered for one thing, what would it be? Providing clear instruction on when and, more importantly, when … [Read more...]
A Key Definition in the Margin-Tax Scheme Would Have Catastrophic Impact
Much ado has been made, and will continue to be made, about what is the most important question on Nevada’s 2014 ballot. But one critical aspect of the state teacher union’s proposal to enact a business margin tax has gone virtually unnoticed: the definition of an “affiliated group.” For the non-accountant, this might sound like a tedious and technical detail, but it could … [Read more...]
Roseman University Aspires to Create Incubator for Medical Research
In November 2013, Henderson-based Roseman University of Health Sciences completed a merger with the Nevada Cancer Institute Foundation. As a result, Roseman acquired the Ralph and Betty Engelstad Cancer Research Building in Summerlin along with sophisticated research equipment. These resources are advancing the university’s research endeavors and has allowed Roseman University … [Read more...]
June 2014: Around the State
Southern Nevada Business Confidence at an All-Time High According to a report from UNLV’s Center for Business and Economic Research (CBER) in the Lee Business School, businesses’ expectations continue to steadily increase. The Southern Nevada Business Confidence Index, created by CBER, rose from 132 to 137 for a second quarter and is now at an all-time high. The index is … [Read more...]
Transportation at a Crossroads
From the daily commute to a weekend bike ride or road trip, and from the goods trucked to local stores to Nevada’s overall economic vitality, transportation impacts everyone. A look into Nevada’s transportation past and a glimpse at the transportation innovations of the future illustrates how important transportation is. As the fastest growing state for decades, Nevada’s … [Read more...]
Johnnie Walker R.V. Center
Nevadans know how beautiful the state is. A drive in any direction brings mountain and waterfront views, lake fishing and camping, and other natural breathtaking treasures to be discovered. Johnnie Walker, Sr., a proud Nevadan, noticed that the inexpensive, yet fulfilling, RV lifestyle was growing in popularity among Southern Nevada residents. They were ready to experience … [Read more...]
Nevada Real Estate & Development Report: June 2014
E Project, Industrial ADDRESS 124 S. 6th St., 89101 DETAILS The John E. Carson hotel is being renovated into a mixed-use development that will feature feature both retail and office spaces. Construction of the 19,000 SF space began in April of last year and is expected to be complete by July of this year. Tenants to the renovated space are expected to include Black Spade … [Read more...]
Office Summary: First Quarter 2014
Southern Nevada Demand for Las Vegas office space stalled in the first quarter of 2014 as the market reported a vacancy rate of 25.8 percent. Despite the slight uptick in office vacancies during the first quarter, they have now reported year-over-year declines for two consecutive quarters. Office inventory increased to 52.8 million during the first quarter of the year, due … [Read more...]
Business Indicators: June 2014
The “advance” estimate for first quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 0.1 percent, much lower than the 2.6 percent growth experienced in fourth quarter 2013. Personal consumption expenditures and federal government spending made positive contributions. U.S. nonfarm employment experienced robust gains in April, adding 288,000 … [Read more...]
What is your favorite local restaurant?
“L’atelier Joel Robuchon at MGM Grand is always a special experience. I always leave looking forward to the next time I can go! The food and service are the best anywhere, and I was fortunate to meet Chef Robuchon himself the last time I was there.” Dr. Michael S. Levy | Medical Director, Center for Addiction Medicine Las Vegas “I love The Twisted Fork in south Reno. They … [Read more...]
