As Governor Steve Sisolak looks at the state’s strong economic performance at the dawn of a new decade, he sees it well-positioned to make investments that will create jobs and wealth for years to come. Top economists expect Nevada’s strong performance will continue into the New Year and that optimism, Sisolak says, creates an opportunity to address long-term economic … [Read more...] about Economic Forecast
Features
From Seed to SaleNevada’s Cash Crop Cannabis Industry
Adult recreational use was legalized in 2017 after voters approved the 2016 Ballot Question 2, Initiative to Regulate and Tax Marijuana. On January 1, 2017, adults in Nevada could purchase up to one ounce of marijuana from legal dispensaries. The regulatory authority changed to the Nevada Department of Taxation under Chapter 453D of Nevada Revised Statutes (NRS). In August … [Read more...] about From Seed to Sale
Industry FocusHealthcare
Left to Right: Connie Brennan, Nevada Business Magazine • Dean Dow, Regional Emergency Medical Services Authority (REMSA) • Karen Rubel, Nathan Adelson Hospice • Mark Price, Healthcare Partners Nevada • Donna Miller, American Medical Response (AMR) • Dr. Sherif Abdou, P3 Health • Heather Korbulic, Silver State Health Insurance Exchange • Patty Holden, Elite Medical Center • … [Read more...] about Industry Focus
Stable and SustainableNevada’s Residential Market
Nevada’s residential housing should be stabilized and sustainable throughout 2020. Despite a relative lack of inventory and as potential homebuyers continue to flock to northern and southern Nevada alike, multiple Nevada real estate executives said they believe the housing market will settle into a groove. “For the first time in 13, 14 years, I can use the words stable … [Read more...] about Stable and Sustainable
Legal Aid Center of Southern NevadaPro Bono Heroes 2019
In recognition of their hard work, dedication and ongoing commitment to helping the underserved in the Southern Nevada community, the following pages recognize attorneys who have given their time. The staff and leadership at Legal Aid Center humbly thank these attorneys for ensuring access to justice is provided for people who have nowhere else to turn. Click to View in a … [Read more...] about Legal Aid Center of Southern Nevada
Coming Up…Multiple Generations in the Workplace
Nevada businesses are operating in a unique era. People are living longer, healthier lives, and therefore they’re not leaving the workforce as soon as they once did. As a result, there are currently four generations working together, bringing unique strengths to the workplace, as well as new challenges. In some ways, people working together are simply people working … [Read more...] about Coming Up…
Credit UnionsCommunity Banking
As banks continue to consolidate and grow as national corporations, credit unions likewise continue to provide financial connections to local communities. Clark County Credit Union President and CEO Matt Kershaw said the philosophy of “people helping people” has propelled state-charted credit unions to be the largest group of locally-owned financial institutions in Nevada. … [Read more...] about Credit Unions
Industry FocusAttorneys
Left to Right: Dana Dwiggins, Solomon Dwiggins and Freer • Robert Kim, Ballard Spahr • Shane Young, Young Law Group • Alex De Castroverde, De Castroverde Law Group • Barbara Buckley, Legal Aid Center • Bruce Ford, City National Bank • Nile Leatham, Kolesar & Leatham • Terry Coffing, Marquis Aurbach Coffing • Connie Brennan, Nevada Business Magazine • Debra … [Read more...] about Industry Focus
Strategic PlaysGolf Course Communities Widen Amenities
A successful luxury golf course community these days really isn’t about the golf, explained Rich MacDonald. Instead, the owner of DragonRidge Country Club in Henderson said the golf communities that thrive are those that deliver opportunities for strong social connections — times for members to mingle over a glass of wine, share a laugh over a good dinner, stretch during a … [Read more...] about Strategic Plays
Sierra Nevada CollegeEntrepreneurship, The Arts, and Science at Altitude
Entrepreneurship is not about building companies. The concept that entrepreneurship is only about start-ups is melting faster than the Greenland Ice Sheet. One school, high in the Sierra Nevada, on the shores of a uniquely clear, blue, alpine lake, is about to double-down on this concept. Sierra Nevada College spent the last five decades building an educational structure … [Read more...] about Sierra Nevada College
Businesses Investing in Technologies, LandscapesSave Money and Water
An increasing number of businesses in Southern Nevada are participating in rebate incentive programs that reduce water use and pay dividends through smaller water bills and reduced operation costs. These companies are finding small changes can reap big savings when they take advantage of the Southern Nevada Water Authority (SNWA) rebate incentives for businesses. Chief … [Read more...] about Businesses Investing in Technologies, Landscapes
Shifts OccurringNevada’s Tourism Industry
“Strong” and “evolving”— that’s how Lt. Governor Kate Marshall, chair of TravelNevada described the Silver State’s tourism industry today. Its robustness is evidenced by visitor spending, which has increased year-over-year since 2009. In calendar year 2018, the 56 million people who visited Nevada collectively spent $65.5 billion here, up from $63.7 billion the year … [Read more...] about Shifts Occurring
Minority Owned Businesses in NevadaLeveling the Playing Field
Nevada is open for business. The state is considered business friendly, and that goes for international corporations and small minority owned businesses equally. “With my business, one of the things I observed is that Nevada is truly open for business, whether you are a minority or any other ethnic type of individual doesn’t make any difference,” said Bob Daniel, owner, … [Read more...] about Minority Owned Businesses in Nevada
Industry FocusEducation
Left to Right: Tarah Richardson, Nevada Business Magazine • Jeff Hendrickson, University of Phoenix • Bart Patterson, Nevada State College • Paul Stowell, City National Bank • Sue Blakeley, Lake Mead Christian Academy • Spencer Stewart, Western Governors University Nevada • Jeremy Gregersen, The Meadows School Education in Nevada has historically been the target of negative … [Read more...] about Industry Focus
RetailFocus on the Experience
Once upon a time — say, 10 years ago — retail was all about selling stuff. But as the business of selling stuff continues to move online, the word of the moment among retailers and shopping center owners is “experience.” “Experience is a big part of what retailers are looking to incorporate now, whether this is in the form of innovative interiors, games or mobile pickup,” … [Read more...] about Retail
2019 NAIOP Southern NevadaBus Tour
Flying High NAIOP Southern Nevada’s Bus Tour Committee is pleased to present the 2019 “Flying High” Bus Tour Event. Coming off of a very successful bus tour in 2018, our chapter is ready to take flight and tour the future of commercial real estate in Southern Nevada. We are flying high as development continues to soar across the valley as enterprising NAIOP … [Read more...] about 2019 NAIOP Southern Nevada
Water System Renewal ProjectsHelp Maintain Community’s Prosperity
At first glance, the connection between an infrastructure replacement project in an established residential neighborhood and the profitability of nearby businesses is hard to see. However, like Southern Nevada’s largely invisible water distribution network, this connection is critical to the community’s well-being, including the tens of thousands of local business owners who … [Read more...] about Water System Renewal Projects
Professional SportsThe Big New Game in Town
Read "The Business of Sports" by Jennifer Ko Craft With its $1.8 billion budget, the spectacular new Allegiant Stadium — home of the NFL’s Raiders beginning in 2020 — is the biggest, highest profile construction project in Las Vegas in recent memory. But for all the economic benefits of the construction, the new stadium is merely the beginning of a powerful wave … [Read more...] about Professional Sports
Nevada MiningContinued Transition Into High-Tech
Imagine if mining companies could send an unmanned aerial vehicle, instead of a person, into a dark, narrow underground area to document the landscape or the scene following an industrial accident. Well, the Autonomous Robots Labs (ARL) at the University of Nevada, Reno is developing the technology for autonomous aerial robots to do just that, to explore, survey, map and … [Read more...] about Nevada Mining
Industry FocusBankers
Left to Right: Sara Lindgren, JP Morgan Chase Bank • BJ North, Plumas Bank • David Navarro, Pacific Premier Bank • James York, Valley Bank • John Zaby, Mutual of Omaha Bank • Connie Brennan, Nevada Business Magazine • Paul Stowell, City National Bank • Phyllis Gurgevich, Nevada Banker’s Association • John Guedry, Bank of Nevada • Diane Fearon, Lexicon Bank One industry … [Read more...] about Industry Focus