Sand Reaches Agreement to Sell Las Vegas Property Las Vegas Sands Corp. has entered into definitive agreements to sell its Las Vegas real property and operations for approximately $6.25 billion. The Venetian Resort Las Vegas and the Sands Expo and Convention Center are both part of the agreement. Under the terms of the agreement, an affiliate of funds managed by Apollo Global … [Read more...] about Around the State
Around the State
Around the StateMarch 2021
Allegiant Stadium Exceeded Community Benefit Goals Mortenson | McCarthy, the construction team that built the Allegiant Stadium has released a community benefits report for the project, which was completed in July of last year and cost $2 billion. The benefit report showed that the project exceeded the community benefit goals that were set for it. The Nevada Legislature … [Read more...] about Around the State
Around the State
Nevada Gold Mines Establishes the Heritage Fund Nevada Gold Mines (NGM) has launched an employee giving campaign entitled the Heritage Fund. The workplace giving program will include an employee-driven campaign to support non-profit organizations. Employees have the option to support non-profits of their choice and all 7,000 employees were given $25 to start their giving … [Read more...] about Around the State
Around the State
Sands Named to CDP Climate and Water A-Lists Las Vegas Sands has been recognized by the global environmental non-profit, CDP, for its sustainability strategy. The resort developer was named to the Climate A-List for the sixth consecutive year. The list measures the company’s work toward cutting emissions and mitigating climate risks, among others. In addition, Sands was … [Read more...] about Around the State
Around the StateDecember 2020
Unclaimed Property Returned to Nevadans The Nevada State Treasurer’s office has announced $28.5 million in unclaimed property has been returned to Nevadans during the COVID-19 pandemic. In the early weeks of the pandemic, the Treasurer’s office worked with the Department of Employment, Training and Rehabilitation (DETR) to develop a program designed to connect individuals … [Read more...] about Around the State
Around the StateOctober 2020
GOED Approves Tax Abatements for Companies The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved abatements for Lithium Nevada Corp. and Google that are expected to result in $1.1 billion in investments, the creation of 163 permanent jobs and 5,300 construction jobs. Google was approved for a 2 percent sales tax abatement for 20 years, … [Read more...] about Around the State
Around the StateAugust 2020
WaterStart Program Addresses Technology Challenges After an initial $4.3 million investment, Nevada’s WaterStart program, from the Desert Research Institute (DRI) has already addressed $30 million in water technology challenges in the state. The program was funded through the Knowledge Fund, which is administered by the Governor’s Office of Economic Development (GOED). … [Read more...] about Around the State
Around the StateJuly 2020
GOED Approves Workforce Development Program The Nevada Governor’s Office of Economic Development (GOED) Board of Directors has approved a grant to the College of Southern Nevada (CSN) for an advanced manufacturing rapid response program. The grant is for $2 million and is expected to expand skilled training offerings in southern Nevada by expanding and accelerating the … [Read more...] about Around the State
Around the StateJune 2020
Las Vegas Home Sales Dropping, Prices Hold Steady According to a report released by the Las Vegas Realtors (LVR), statistics in April show home sales dropping, but prices holding relatively steady. The median price of existing homes in southern Nevada was $310,000, up 3.3 percent from 2019. LVR reported 1,190 canceled sales contracts in April, down from 1,335 in April 2019. … [Read more...] about Around the State
Around the StateMay 2020
Students in Need of Technology According to the Public Education Foundation, as many as one-third of the 320,000 families In the Clark County School District (CCSD) lack access to computers, the internet or their teachers. The CCSD estimates that approximately 120,000 Chromebooks are needed for students participating in distance learning. Recently a Las Vegas-based software … [Read more...] about Around the State
Around the StateApril 2020
Census 2020 Available Online April 1 is Census Day in the United States. The Census 2020, which is open now, can be completed online and is open to all Nevada residents. Every 10 years, the federal government conducts a count of the U.S. population to calculate the distribution of federal funds to states. In Nevada, this impacts over $6 billion in federal funds. The count is … [Read more...] about Around the State
Around the StateMarch 2020
Cure 4 the Kids and CCSD Debut Education Center The Cure 4 the Kids Foundation and the Clark County School District (CCSD) have partnered to open an education center. The center will help childhood cancer patients and others with catastrophic conditions maintain their educational progress during extended medical treatments. The center will be located in the same building as … [Read more...] about Around the State
Around the StateJanuary 2020
Businesses Grow in Southern Nevada Several new companies have opened and expanded in southern Nevada. Included in those is Farmtable Kitchen + Spirits in Town Square Las Vegas, a family-owned southern cuisine scratch kitchen restaurant concept. In addition, Smithfield Foods has added 61 jobs, Xtreme Manufacturing has added 60 jobs, Premier Display & Exhibits has added 51 … [Read more...] about Around the State
Around the StateDecember 2019
UNLV School of Medicine Achieves Accreditation Milestone The UNLV School of Medicine (SOM) has been granted provisional accreditation by the Liaison Committee on Medical Education (LCME). The school is on track for full accreditation by 2021 or 2022. The LCME is the accrediting body for schools of medicine in the US and Canada. The school earned preliminary accreditation in … [Read more...] about Around the State
Around the StateNovember 2019
Fall Economic Forum Shows Positive Growth According to a “Regional Intelligence Report” by Dr. Christopher Thornberg of Beacon Economics, Nevada’s population growth has significantly outpaced the nation. Thornberg’s findings were presented at Bank of Nevada’s recent Fall Economic Forum. The report noted that the Southern Nevada economy has continued its expansion through … [Read more...] about Around the State
Around the StateOctober 2019
Opportunity Village Adds Inclusive Living Community Betty’s Village, a residential community for individuals with and without disabilities who want to live and grow in an integrated neighborhood broke ground last month at Opportunity Village’s Ralph and Betty Englestad Campus. The community will include smart living technology and integrated design on a 6.7 acre lot. Betty’s … [Read more...] about Around the State
Around the StateSeptember 2019
Las Vegas Ballpark Wins Ballpark of the Year Award In its inaugural year, the Las Vegas Ballpark in Summerlin won the 20th annual Ballpark of the Year award from BaseballParks.com. The award is presented to new or remodeled baseball stadiums and is based on site selection, exterior appearance, architectural design and fan amenities. Winners are chosen by a panel utilized but … [Read more...] about Around the State
Around the StateAugust 2019
Mineral County Joins Nevada's Sierra Region The economic development service area of the Northern Nevada Development Authority (NNDA) has now been expanded to include Mineral County. The addition grows Nevada’s Sierra region to a total land mass of 7,009 square miles and a population of over 165,450. In addition to Mineral County, the region includes Carson City and Douglas, … [Read more...] about Around the State
Around the StateJuly 2019
Western Title Acquires Titles Service and Escrow Company Nevada’s sixth oldest company, Western Title Company, has joined forces with Fernley and Yerington’s Title Service and Escrow Company. The acquisition gives Western Title the largest footprint of any title and escrow company in Nevada. The acquisition went into effect on the first of last month. The organization now … [Read more...] about Around the State
Around the StateJune 2019
UNR School of Medicine Graduates New Doctors The University of Nevada, Reno School of Medicine (UNR Med) graduated 63 new doctors last month. Six of the new doctors will remain in Northern Nevada for their graduate medical education. In addition, approximately 27 percent of UNR Med students are staying in Nevada for some part of their training and 43 percent of the students … [Read more...] about Around the State