In 2012, The Silver State released “Moving Nevada Forward: A Plan for Excellence in Economic Development,” a three-year roadmap for continuing to advance from post-recession doldrums and a 12 percent unemployment rate toward “a vibrant, innovative statewide economy,” Gov. Brian Sandoval wrote in the document. Since the plan was released, Nevada’s leadership and … [Read more...] about The Full Focus: Economic Development in Nevada
Features
Financial Foundations: Funding Commercial Real Estate in Nevada
Nevada’s commercial real estate industry is growing again. New projects are underway, both sales of existing buildings and those under construction. “We’re definitely seeing a large increase in our loan volume over the last several months,” said Debra Alexandre, president, Nevada State Development Corp. “It’s looking much better than it has since the recovery began. We’re … [Read more...] about Financial Foundations: Funding Commercial Real Estate in Nevada
Industry Focus: Education
Improving education in the Silver State has long been a priority for Nevadans. Recently, leaders in education met at the Las Vegas office of City National Bank to discuss opportunities on the horizon to elevate Nevada’s education rankings. Connie Brennan, CEO, and publisher of Nevada Business Magazine served as moderator for the event. These monthly meetings are designed to … [Read more...] about Industry Focus: Education
Legal Opinions 2017: Expert Knowledge for Nevada Businesses
Legal Opinions, a Nevada Business Magazine feature for the past six years, is a compilation of expert knowledge on a variety of topics. Written by attorneys, all of whom are highly educated on their featured topic, this special report is a one-stop resource for executives. Articles in the 2017 edition of Legal Opinions range from marijuana to litigation and provide … [Read more...] about Legal Opinions 2017: Expert Knowledge for Nevada Businesses
The War Wages On: Minimum Wage In Nevada
As the minimum wage debate resonates throughout Nevada, businesses are bracing for, what could be, a substantial increase in minimum wage. This year the state House and Senate separately passed two hastily drawn up laws to increase the minimum wage in Nevada, both of which were ultimately vetoed by the Governor. What they did end up passing was resolution SJR6. The resolution … [Read more...] about The War Wages On: Minimum Wage In Nevada
Taking Nevada to the World: Globalization and Nevada’s Place in the International Market
Dublin, Ireland, Santiago, Chile, Poland and Germany are just some of the places you can buy Nevada-made items. Nevada products aren’t just for Nevadans anymore and Nevada companies aren’t just thinking local – they’re taking their products around the world. At the same time, foreign companies are looking to operate in Nevada, bringing new jobs to the state. “Nevada … [Read more...] about Taking Nevada to the World: Globalization and Nevada’s Place in the International Market
Nevada’s Place Among the States 2017
Each year, “Nevada’s Place Among the States” compares Nevada to other states, competing markets and the U.S. in general, on several key measures of economic and social health. In this 11th edition of comparing Nevada to other states, statistics show that Nevada has almost fully recovered from the recession. At one point, the Silver State led the nation in foreclosed homes and … [Read more...] about Nevada’s Place Among the States 2017
Twelfth Annual Healthcare Heroes
LEGACY The first and longest running program of its kind in Nevada, Healthcare Heroes was born in 2006 with 10 categories and a seemingly endless supply of nominees. Since the beginning, Healthcare Heroes has been a catalyst to help grow healthcare in the Silver State. Taking the idea of contributing to healthcare a step further, the Healthcare Heroes scholarship … [Read more...] about Twelfth Annual Healthcare Heroes
Industry Focus: Attorneys
As the economy improves, Nevada’s law offices are seeing increased growth and competition across the Silver State. Although technology presents new challenges, leaders in the industry expect improvements to continue across the board. Attorneys, leading many of the state’s top law firms, recently met at the Las Vegas office of City National Bank to discuss industry health and … [Read more...] about Industry Focus: Attorneys
From Vision to Reality: A Look at Entitlements in Nevada
When developers set out to make a commercial real estate vision a reality, they first must get their prospective project plans approved by the jurisdictional agency in which the land falls, the city or county. This is called the entitlement process. Next is the procedure to obtain a building permit followed by construction and final approvals. All of these steps constitute the … [Read more...] about From Vision to Reality: A Look at Entitlements in Nevada
Great News: AB 280 Long Over Due
Assembly Bill (AB) 280, sponsored by Assembly Speaker Jason Frierson (D), among others, establishes a preference in bidding for Nevada companies on state contracts. This preference has been sorely needed as we’ve seen Nevadan’s tax dollars go to out-of-state companies for in-state projects. The Bill, which was signed into law on June 13th and went into effect on the first of … [Read more...] about Great News: AB 280 Long Over Due
The Silver State & So Much More: Mining in Nevada
Nevada has been known as “The Silver State” since it entered the Union in 1864, but these days, it’s equally famous for gold, lithium, molybdenum and a host of other minerals. Nevada has 119 mines, located in every county except Douglas, and even has six producing oil fields. Mining represents a vital component of the state’s economy. Its total economic output in 2015 … [Read more...] about The Silver State & So Much More: Mining in Nevada
Industry Focus: Manufacturing
The manufacturing industry has been in the midst of a growth spurt, with peaked interest from companies moving into the Silver State. This growth is presenting workforce challenges for the industry. Leaders in manufacturing recently met at the Reno offices of City National Bank to discuss the challenges and opportunities facing their businesses moving forward. Tarah … [Read more...] about Industry Focus: Manufacturing
Blueprint for Evolution: Economic Development in North Las Vegas
Cities evolve. They follow distinct life cycles as economic conditions change. For the past three years the City of North Las Vegas has experienced a renaissance, and economic development is the driver igniting the growth. Through innovative programs and streamlined processes, North Las Vegas is creating opportunities for investors, developers and residents who want … [Read more...] about Blueprint for Evolution: Economic Development in North Las Vegas
Building & Development: A Rebounding Industry
The construction workers who left Nevada during the darkest days of the recession are coming back. However, construction executives are beginning to worry — not a lot, but a little — whether the flow of workers will be enough to meet the needs of an industry that’s recovering quickly. Some executives, in fact, have said they’re already beginning to bump into tight … [Read more...] about Building & Development: A Rebounding Industry