First UNLV Innovation Building Breaks Ground Gardner Company, the University of Nevada, Las Vegas (UNLV) and the UNLV Research Foundation has begun construction on the first building of the UNLV Harry Reid Research and Technology Park. Part of a 122-acre, master planned campus, this first building will be four-stories and 110,000 square feet. This research, technology and … [Read more...] about Around the State: August 2018
Las Vegas
Higher Learning: Education in Nevada
The Nevada System of Higher Education (NSHE) is in the process of becoming a true system as Nevada’s educational climate shifts to meet the needs of Nevada citizens and businesses. Those needs are creating a change from individual institutions working alone to meet those needs to a system of institutions working together. “There’s quite a bit that’s new in higher education,” … [Read more...] about Higher Learning: Education in Nevada
Leadership Advance Class of 2017 Project Focuses on Helping Homeless Kids
The Leadership Advance Class of 2017 excelled in its class project in bringing support and awareness to the nonprofit Nevada Partnership for Homeless Youth, the most comprehensive service provider for homeless youth in Southern Nevada. The awareness, donation and supplies drive effort by the up-and-coming business and community leaders began in February and culminated with a … [Read more...] about Leadership Advance Class of 2017 Project Focuses on Helping Homeless Kids
May 2017: Business Indicators
The “third” estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2017 grew at a 2.1 percent annualized rate, up by 0.2 percentage point from the “second” estimate. According to more complete source data, consumer spending boosted real GDP more than expected. U.S. nonfarm employment added a less-than-expected 98,000 jobs in March. The unemployment rate, … [Read more...] about May 2017: Business Indicators
Krista Gilbertson Joins Public Relations & Public Affairs Firm, The Ferraro Group
LAS VEGAS – The Ferraro Group, a public relations and public affairs firm with offices in Las Vegas, Reno, Carson City and Phoenix, recently hired Krista Gilbertson as a Senior Account Executive. In her new position, Gilbertson’s responsibilities will include overseeing public relations activities, creating strategic public relations plans, and developing and overseeing … [Read more...] about Krista Gilbertson Joins Public Relations & Public Affairs Firm, The Ferraro Group
Spending Power: Nevada’s Retail Market
With the peak holiday spending in their rearview mirrors, Nevada retailers say they are cautiously optimistic about continued growth in 2017. “Retail is trending positive. I’m conservatively bullish and would be happy with one to two percent growth next year,” said Kevin Budny, senior general manager of the Galleria at Sunset in Henderson. “We were comparable to 2015 this … [Read more...] about Spending Power: Nevada’s Retail Market
Business Indicators: September 2016
The advanced estimate for U.S. real gross domestic product (GDP) for the second quarter of 2016 indicated a much weaker-than-expected growth of 1.2 percent. In addition, the first quarter’s real GDP growth was revised downward to 0.8 percent from 1.1 percent. Private investment, again, contributed negatively to U.S. economic expansion, falling by 9.7 percent from the previous … [Read more...] about Business Indicators: September 2016
LVGEA Names Terrence Thornton Vice President Of Investor Services And Development
LAS VEGAS – The Las Vegas Global Economic Alliance announced that Terrence Thornton has been promoted to the position of vice president of Investor Services and Development. Previously, he served as director of Investor Services and Development. In this new role, Thornton will oversee all aspects of investor management, recruitment, prospecting and fundraising … [Read more...] about LVGEA Names Terrence Thornton Vice President Of Investor Services And Development
Yellow Checker Star Donates $150,000 of Modified Business Tax to Nevada Educational Choice Scholarship Program Benefiting Local Students
Jonathan Schwartz, director of Yellow Checker Star, a leading taxicab company in Las Vegas, announced the company has donated $150,000 of its modified business tax dollars to Dinosaurs & Roses, a local nonprofit that will in turn use the money to award local scholarships for underprivileged children to attend private schools in Nevada. During Nevada’s 2015 legislative … [Read more...] about Yellow Checker Star Donates $150,000 of Modified Business Tax to Nevada Educational Choice Scholarship Program Benefiting Local Students
Red Report: October 2015
E Sale, Industrial ADDRESS 4750 N. Lamb Blvd., 89115 BUYER Bixby Land Company SELLER Pamida Realty, LLC DETAILS 180,000 SF; $15.1 million APN 140-05-111-005 SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 3045 N. Lamb Blvd., 89115 BUYER Robbie Auto, Inc. SELLER Talmer West Bank DETAILS 10,646 SF; $970,000 APN … [Read more...] about Red Report: October 2015
Find Out What’s Hot in Back-to-School Fashion as Downtown Summerlin Presents “Geek Chic”
July 25 Event to Include Fashion Shows, Entertainment, Giveaways and More LAS VEGAS – Enjoy a day of fun, fashion and back-to-school savings at “Geek Chic,” the first back-to-school event to be held by the The Howard Hughes Corporation at Downtown Summerlin, scheduled for Saturday, July 25, from noon to 7 p.m. Camouflage prints, grunge, flannel, biker inspired leather and … [Read more...] about Find Out What’s Hot in Back-to-School Fashion as Downtown Summerlin Presents “Geek Chic”
Retail Summary: Fourth Quarter 2014
Southern Nevada The overall vacancy rate for the Las Vegas Valley anchored retail market in the fourth quarter of 2014 was 11.4 percent. The vacancy rate increased 0.4 points, from 11 percent in the third quarter. However, vacancies were down 0.3 points, from 11.7 percent compared to the same time in 2013. While the vacancy rate rose, the general trend still shows that the … [Read more...] about Retail Summary: Fourth Quarter 2014
It’s New Home Season: Local Home Builders Collaborate on First-Ever Campaign to Promote New Home Sales
For the first time in Las Vegas, home builders are joining forces for a citywide sales event to promote the benefits of buying a new home. Called “It’s New Home Season,” the multimedia campaign highlights 56 new home communities with more than 200 model homes by 17 participating builders, particularly during the Feb. 21-22 and Feb. 28-Mar. 1 weekends when many people are … [Read more...] about It’s New Home Season: Local Home Builders Collaborate on First-Ever Campaign to Promote New Home Sales
The Office Market: Slow and Steady into the Future
As a mixture of economic indicators appear to show the recession in our rear view mirrors, movers and shakers in Southern Nevada’s office market are cautiously planning ahead for slow and modest growth in the coming months. “The trending is moderate growth overall due to a bettering economy,” says Lance Bradford, founder of Stable Development in Las Vegas. “There are … [Read more...] about The Office Market: Slow and Steady into the Future
Dickson Realty Awarded Revitalization Award
Dickson Realty Awarded Revitalization Award from Truckee Donner Chamber of Commerce Dickson Realty has been awarded the 2014 large company Revitalization Award from the Truckee Donner Chamber of Commerce in honor of its new 7,048 square foot office building in Truckee. The award recognizes new construction and/or renovation projects that help make Truckee more visually … [Read more...] about Dickson Realty Awarded Revitalization Award
Industry Focus: Education
Faced with a wealth of challenges, Nevada’s education system has some hurdles to overcome. However, industry leaders recognize the challenges they face and are working to improve the state’s rankings. Recently, those leaders met at the Las Vegas offices of City National Bank to discuss the needs of education. Connie Brennan, publisher of Nevada Business … [Read more...] about Industry Focus: Education
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...] about Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Mountain’s Edge is nation’s third fastest selling master plan
Providence and Summerlin also among top in sales - Mountain's Edge is the third fastest-selling master-planned community (MPC) in the U.S. This is according to a report recently released by RCLCO, a national real estate advisory firm. The report indicated the MPC has sold nearly 600 homes from January through June - a 26 percent increase over its 2012 pace. The two … [Read more...] about Mountain’s Edge is nation’s third fastest selling master plan
Industry Focus: Alternative Energy
Nevada’s alternative energy sector has seen a plethora of hills and valleys in recent years. From federal funding challenges to educating the general populace about alternative energy, the sector has seen its share of challenges. Recently, executives representing various alternative energy interests throughout the state met at the Reno offices of City National Bank to discuss … [Read more...] about Industry Focus: Alternative Energy
Retail Summary: Fourth Quarter 2012
Las Vegas By the end of 2012, vacancies in the retail sector reached their lowest level since the first quarter of 2009. The vacancy rate ended the year at 9.9 percent, down 0.3 percentage points when compared to last quarter (Q3 2012). Compared to a year ago (Q4 2011) the rate is down an even greater 0.7 percentage points. The latest market activity suggests the retail sector … [Read more...] about Retail Summary: Fourth Quarter 2012