The 45-acre site of the former Park Lane Mall in Reno—about seven times the size of Reno’s Greater Nevada Field ballpark—has sat vacant for ten years but now is about to get made over into a development encompassing residential, retail and commercial components. As of mid-April, ground was slated to break soon on the infrastructure, then the 1,260 apartments to be followed … [Read more...]
City of Henderson: City of the Future
At a time when technology makes daily leaps from innovation to reality, it’s people and the companies they form that bring the awe factor to life. In Henderson, both innovations and innovators are celebrated and cultivated, from the entrepreneurial spirit of downtown Henderson to the city being home to nationwide firsts. It’s people that transform a city into a City of the … [Read more...]
Union Village Update to be Presented at May 23 Luncheon
HENDERSON – The Henderson Development Association (HDA), the economic development arm of the Henderson Chamber of Commerce, will host a luncheon featuring “Henderson’s Union Village Updates” presented by Sam Kaufman, CEO/managing director of Henderson Hospital and Craig Johnson of Union Village. The event will be from 11:30 a.m. to 1 p.m. Tuesday, May 23, at Fiesta Henderson, … [Read more...]
Business on the Move: Office Market in Nevada
As election jitters continue to dominate the news cycle, the status of the national economy appears to be just so-so in the minds of many business leaders. With only 38,000 jobs added in May, according to the latest U.S. Department of Labor statistics, the overall national employment situation is not as strong as most people would like. Having survived the steep highs and lows … [Read more...]
Luncheon to Focus on Updates on Henderson Hospital, Union Village
HENDERSON – The Henderson Development Association (HDA), the economic development arm of the Henderson Chamber of Commerce, will host a luncheon to discuss “Henderson Hospital and Union Village: New Developments” from 11:30 a.m. to 1 p.m. Wednesday, June 22, at DragonRidge Country Club, 552 S. Stephanie St., in Henderson. The discussion will be led by Sam Kaufman, … [Read more...]
Red Report: June 2016
E Sale, Office ADDRESS 4101 E. Charleston Blvd., 89104 BUYER Sunland Properties, Inc. SELLER Gramercy Capital Corp. DETAILS 148,070 SF; $4.6 million APN 161-06-501-008 SELLER’S REP Tom Naseef, CCIM, SIOR and Jeff Naseef of Colliers International Sale, Multi-Family ADDRESS 1650 N. Pecos Rd., 89115 BUYER ABJ Group Enterprises SELLER California Capital Real Estate … [Read more...]
My Henderson
The City of Henderson is open for business. And families. And for anyone who enjoys being in a city consistently awarded best of designations. In November of last year, for example, 24/7 Wall Street named Henderson to the list of America’s 50 Best Cities to Live in. The city is growing. Businesses are opening, financial services and corporate headquarters are calling … [Read more...]
Retail Market: Nevada’s Retail Shows Slow, Steady Improvement
The retail component of Nevada’s commercial real estate industry continues to recover, with vacancy rates slowly dropping. Southern Nevada In the Silver State’s southern region, the retail sector shows “moderate recovery,” said John Restrepo, principal of RCG Economics, a Las Vegas-based firm providing market trend analysis and economic research. Lower gas prices have left … [Read more...]
Trending in Henderson
From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...]
Building a Healthy Economy
Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare in technologically advanced but less expensive venues, from Mexico to Thailand and parts in between. Now the term is starting to come home, often referring to domestic travel of American citizens within U.S. borders, traveling to find the … [Read more...]
Game Changers: Economic Development in Nevada
Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...]
November 2014: Around the State
Union Village Breaks Ground One of the world’s first integrated health villages, Union Village, has broken ground in Henderson. The Valley Health System has partnered with Union Village, LLC to create a master-planned hospital complex and health center that combines residential components, entertainment and retail, a senior community and a civic and culture arts center. The … [Read more...]
Nevada Real Estate & Development Report: March 2014
E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun construction on a … [Read more...]
Back to Basics: Architects and Engineers in Nevada
It may not usher in the booming economy that Nevadans were basking in just a short decade ago, but architects and engineers around the Silver State say they expect to see the appearance of a light at the end of the recession tunnel this year. “The outlook looks quite good. There was almost a stop in commercial construction and we’re seeing it pick up in almost every aspect,” … [Read more...]
Economic Development: Critical to Nevada
When it comes to Nevada’s future, economic development is critical. Over the last 12 months, The Silver State has made strides on this front. Among other accomplishments, the Governor’s Office of Economic Development (GOED) hired a leader in November 2011. This spring Gov. Brian Sandoval released “Moving Nevada Forward: A Plan for Excellence in Economic Development … [Read more...]
Healthcare Check-Up: Meeting the New Challenges
There’s no shortage of uncertainty swirling around Nevada’s healthcare industry: from the challenges of the local and national economies to insurance regulations and the implications – even the contours and very existence -- of Obamacare. The outlook, however, is decidedly optimistic. And with good reason. “One of the advantages of healthcare is that it’s been projected … [Read more...]
