Projects Las Vegas, 89109 Tutor Perini Building Corp. has begun construction on the third phase of the Marriott’s Grand Chateau, the first vertical construction to occur on the Las Vegas Strip since 2008. Construction is projected for completion mid-2014, and will add 233 tower villas for a total of 643 units at the timeshare resort. The tower villas range from one- to … [Read more...] about Nevada Real Estate & Development Report: November 2013
Departments
Industrial Summary: Third Quarter 2013
Southern Nevada The Las Vegas industrial market vacancy rate fell to 14.8 percent in the third quarter of 2013, which is the lowest it has been since the first quarter of 2010. Compared to the prior quarter (Q2 2013), vacancies are down 70 basis points (0.7 percentage points), while they have fallen 220 basis points (2.2 percentage points) since last year (Q3 2012). Since the … [Read more...] about Industrial Summary: Third Quarter 2013
November 2013: Business Indicators
Revised estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, an improvement over the 1.7 percent growth first reported. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment, and state and local … [Read more...] about November 2013: Business Indicators
What are you most thankful for?
“I’m thankful for our employees and their dedication to the community. They’ve donated more than $1 million to local charities in their communities as part of this year’s Fuel For Life giving campaign and it’s an honor to work with such caring people.” Laura Lopez Hobbs • Senior Vice President/Human Resources and Administration, Southwest Gas Corporation “I am thankful that … [Read more...] about What are you most thankful for?
October 2013: Around the State
UNR Establishes New Minor for College of Engineering The University of Nevada, Reno (UNR) has combined the studies of robotics, computer science and mechanical design by establishing a minor in Unmanned Autonomous Systems (UAS) in the College of Engineering. A UAS is defined as a high-tech, intelligent machine capable of traveling by air, land or sea without a human crew on … [Read more...] about October 2013: Around the State
Can Hollywood be ‘Caged’ in Nevada? Film-tax credit drew big-name supporters, but has shaky track record
He began: “My name is Nicolas Cage, and I am an American filmmaker.” On May 7th of this year, Cage appeared before a legislative committee to ask it to implement a film-tax credit in the State of Nevada. He argued that the lack of these tax credits was the only thing holding back a deluge of producers coming into the Silver State to build movie studios and film movies. … [Read more...] about Can Hollywood be ‘Caged’ in Nevada? Film-tax credit drew big-name supporters, but has shaky track record
Promilla Mohan: Davidson’s Organic Teas
Director Sparks https://www.davidsonstea.com/ How did you first get into your profession? My grandfather started the organic tea movement in the 1920’s followed by my dad. We were all raised in the tea farms in Darjeeling and tea was an integral part of our lifestyle. We started tea parties at the age of 2 and would pick our very own fresh tea leaves from the farm and … [Read more...] about Promilla Mohan: Davidson’s Organic Teas
Ann Louhela: Western Nevada College
Project Director Fallon https://www.wnc.edu/ How did you first get into your profession? I work for Western Nevada College on a grant-funded program to diversify, expand and increase recognition for the contributions of Nevada agriculture. I am an event manager by trade and first started working with farmers 10 years ago when I was an event manager for the City of … [Read more...] about Ann Louhela: Western Nevada College
Bryce Kunimoto: Holland & Hart, LLP
Litigation Partner and Diversity Committee Chair Las Vegas https://www.hollandhart.com/ How did you first get into your profession? I was inspired to enter the legal field after hearing stories from my American born-grandparents, both U.S. Citizens, who were interned during World War II at a Japanese internment camp in Idaho. I was optimistic that if one day I became a … [Read more...] about Bryce Kunimoto: Holland & Hart, LLP
New Tangible Property Regulations: Tax Deduction Opportunities and Potential Pitfalls
The new tangible property regulations from the IRS are some of the most dramatic tax law changes to affect businesses since the 1986 Internal Revenue Code overhaul. These rules are complicated and require immediate action from all businesses that own tangible property, as they are effective now. Lack of action could mean lost opportunity to take advantage of these rules to … [Read more...] about New Tangible Property Regulations: Tax Deduction Opportunities and Potential Pitfalls
Nevada Real Estate & Development Report: October 2013
Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing … [Read more...] about Nevada Real Estate & Development Report: October 2013
Retail Summary: Second Quarter 2013
Southern Nevada The retail market continued to report stabilizing conditions in the second quarter of 2013 as vacancies improved. The vacancy rate fell to 9.8 percent during the second quarter, down 30 basis points from the prior quarter. Compared to a year ago, the rate reported a more substantial decline of 90 basis points. The second phase of Desert Marketplace was the only … [Read more...] about Retail Summary: Second Quarter 2013
October 2013: Business Indicators
Revised estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, an improvement over the 1.7 percent growth first reported. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment and state and local … [Read more...] about October 2013: Business Indicators
Is Nevada’s Recession Over?
“Yes. The pendulum is swinging back in a positive direction. Get ready... good things are happening now and it’s about to get fun again!” Mike Mixer • Managing Partner, Colliers International – Las Vegas - “We see promising signs that the recession is over and the economy is on a sustainable upswing. Certainly, there are challenges that remain, but our clients are … [Read more...] about Is Nevada’s Recession Over?
Heidi Parker, MA: Immunize Nevada
Executive Director Reno https://www.immunizenevada.org/ How did you first get into your profession? I completed a graduate internship at a residential shelter for domestic violence victims and their children. While many of the women struggled with leaving their abusers, many also succeeded and went on to live safe and fulfilling lives. I connected with being able to … [Read more...] about Heidi Parker, MA: Immunize Nevada