In 1987, I read an article in the New York Times about Eugene Lang, a millionaire who told sixth-grade students in East Harlem that he would fund their college education if they stayed in school. Immediately, I wrote Mr. Lang to see how I might support his mission. A year and a half later – somewhat to my surprise – Eugene landed in Las Vegas and contacted me. As a result of … [Read more...] about High Returns
Features
Summerlin Landscape Conversion Projects Save WaterBy Replacing Decorative Grass
For the past 30 years, the master-planned community of Summerlin® has set high standards for urban and residential development. A development of The Howard Hughes Corp.® (HHC), Summerlin is again leading by example as it creates a more sustainable, water-efficient community by replacing more than 120,000 square feet of grass along Summerlin Parkway and at residential community … [Read more...] about Summerlin Landscape Conversion Projects Save Water
Legal Elite 2021The Silver State’s Top Attorneys
Now in its fourteenth year, Legal Elite is an annual list showcasing Nevada lawyers. These attorneys represent the best of the best and have been recognized by their associates for their work and dedication to the legal field. Polling began in mid-February of this year and several thousand nominations were submitted by licensed attorneys in the state. Each submission then went … [Read more...] about Legal Elite 2021
Help Needed!Employment in Nevada
Something big is going to happen to employment in Nevada in September. No one is entirely certain what’s going to happen, and experts aren’t certain how it’s going to unfold. One thing everyone agrees on is that it’s going to be big. Why? September marks the end of supplemental unemployment benefits funded by the federal government as part of its pandemic-recovery packages, … [Read more...] about Help Needed!
Industry FocusSubcontractors
What happens in Nevada’s commercial development industry usually filters down to commercial subcontractors. And there has been a multitude of headaches for subcontractors in the last year and a half with supply inflation and labor shortages. Executives from this industry recently met in a virtual roundtable, sponsored by City National Bank, to discuss what comes next for … [Read more...] about Industry Focus
Nevada Business Awards2021
Welcome to the inaugural Nevada Business Awards! Thank you for being a part of this very special issue. There is a reason Nevada is known as the Battle Born state. Apart from the way Nevada became a state, the title resonates with Nevadans because of the resilience and perseverance it implies. Battle Born is particularly applicable to Nevada businesses and entrepreneurs who … [Read more...] about Nevada Business Awards
A Year of ChangesEngineering in Nevada
As 2020 kicked off, many firms across the commercial real estate engineering industry were poised for their best year ever. The Nevada economy was healthy, with growth across most industry sectors as new and expanding businesses created new development projects that required commercial real estate (CRE) engineering services. Metro areas were busy with private development and … [Read more...] about A Year of Changes
Power Poll 2021Everything has Changed
In the last year, there have been significant changes to nearly every aspect of daily life. It seems no one was unaffected by the COVID pandemic that swept the world. Activities that were once taken for granted have now been limited or, in some cases, are simply gone. From new technologies to accommodate work from home to mask mandates and supply shortages, everything has … [Read more...] about Power Poll 2021
Event Planning and COVIDTransforming Events Today for Tomorrow’s Market
Some of the top trade shows and conventions in the country happen in Nevada. With an economy that relies on and excels at hospitality and tourism, it’s a good mix. In 2019 there were an estimated 43 million visitors to southern Nevada, with 6.6 million there to attend a meeting or convention. The economic impact of the industry was $11.4 billion. “As much as people think of … [Read more...] about Event Planning and COVID
Industry FocusEconomic Development
The importance of a diversified economy has never been clearer than in the aftermath of the COVID pandemic. Economic development agencies have an important role to play in bringing companies to Nevada and helping create that diversification. Recently, executives representing this industry met in a virtual roundtable, sponsored by City National Bank, to discuss these vital … [Read more...] about Industry Focus
Under ConstructionTransportation Projects are in the Pipeline
So much transportation-related construction will be underway in Nevada this year that one of the most closely watched initiatives is one that puts technology to use to reduce the frustrations faced by motorists stuck in construction delays. Several of the state’s most-traveled intersections — the Centennial Bowl and the Interstate 15 Tropicana Avenue interchange in Las Vegas, … [Read more...] about Under Construction
Apartment Complexes SaveThrough Water-Efficient Technologies, Landscape Upgrades
What do boulders, beaches and pearls have in common? They are names of ConAm apartment complexes in Southern Nevada that have taken advantage of cash incentives offered by the Southern Nevada Water Authority (SNWA). ConAm has received more than $161,000 for replacing grass with water-smart landscapes and replacing plumbing fixtures and appliances with high-efficiently … [Read more...] about Apartment Complexes Save
Long Road to RecoveryHealthcare Check-Up
Nevada’s doctors and hospitals battled gallantly to beat down one of their biggest threats ever throughout the COVID-19 pandemic. Now, as the pandemic begins to wane, the healthcare industry faces a major new headache: Digging itself out of the financial woes left in the wake of the battle against COVID-19. Administrators of big acute-care hospitals — the ones on the … [Read more...] about Long Road to Recovery
Business Survival VS. Pandemic DestructionBankruptcy in Nevada
For Nevada businesses struggling to survive during the coronavirus pandemic, bankruptcy may end up being the only way out. While overall filings nationally were up 20 percent last year, according to bankruptcy court records, the number of businesses in the state that filed Chapter 11 bankruptcy, which involves reorganizing and remaining in operation, have remained relatively … [Read more...] about Business Survival VS. Pandemic Destruction
Industry FocusCommercial Brokers
The past year of pandemic related hurdles has presented unique challenges for commercial real estate (CRE) professionals. Each submarket was affected differently by COVID and the market shifted to reflect those changes. Recently, executives representing commercial real estate in Nevada met virtually in a roundtable sponsored by City National Bank to discuss the changes to the … [Read more...] about Industry Focus
Then & NowHenderson
It’s the second largest city in the state, one of the safest cities in the nation and has some of the best schools in southern Nevada. Fifteen minutes from the McCarran International Airport, and 30 minutes from the California border, Henderson is a great place for people and businesses to call home. Ten years ago, the City of Henderson was just coming out of the Great … [Read more...] about Then & Now
Multi-Family in NevadaLet’s Get Vertical
When the pandemic locked Nevada into quarantine in 2020, multi-family commercial real estate market professionals braced for bad news. With the state essentially at a standstill, the most likely scenario was the multi-family commercial real estate market would take a direct economic hit. Instead, the opposite happened. The pandemic accelerated the market nationally, and the … [Read more...] about Multi-Family in Nevada
Sun City Anthem HOACashes in on Water Savings
As severe drought conditions reduced water levels in Lake Mead — Southern Nevada’s primary water supply — the Sun City Anthem Homeowner’s Association (HOA) recognized that HOAs play an active role in helping Southern Nevada conserve water and began taking steps to decrease its community water use. Through a combination of replacing grass, upgrading irrigation controllers, and … [Read more...] about Sun City Anthem HOA
Nevada UtilitiesConservation & Creativity
Despite COVID-19 shutting down business as usual, Nevada utilities companies grew over the past year. New customers signed on. New pilot programs started up. New agreements between agencies were entered into. New sources for commodities and renewable resources were found. Disconnects for nonpayment were suspended in response to the pandemic. “Utilities in Nevada have been … [Read more...] about Nevada Utilities
Education OutlookBig Issues and Hard Work for K-12
A whiteboard on the wall in the office of Dr. Kristen McNeill reminds visitors — and McNeill — to exercise patience and grace each day. The message is likely to be needed in coming months as schools around Nevada work through a multitude of issues to get on their feet after the COVID-19 pandemic, said McNeill, superintendent of the Washoe County School District (WCSD). “We’re … [Read more...] about Education Outlook