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...] about Live-Work-Play Repeat: Mixed-Use Projects Regain Traction
Features
Here We Go Again: Legislature Poised to Raise Taxes
On the heels of Nevada’s largest tax increase, crafted in 2015, legislators are again looking for additional sources of revenue. This time, it comes in the form of AB 43, which modifies the current law on property tax caps. And it comes at a time when businesses are just starting to recover from the worst recession in recent history. I have an idea. How about our government … [Read more...] about Here We Go Again: Legislature Poised to Raise Taxes
Slow & Steady: Economic Development in Rural Nevada
From McDermitt and Montello in the north to Laughlin in the south, Nevada’s rural cities struggle to foster economic development but desperately need it. Each locale differs, in terms of primary economic sectors, natural assets and location for instance. However, common themes have been for some, and continue to be for others, dilapidated downtowns, struggling businesses and … [Read more...] about Slow & Steady: Economic Development in Rural Nevada
Nevada Infrastructure: Keeping Up with a Growing State
According to the U.S. Census Bureau, Nevada’s 1.95 percent population growth rate from July 2015 to July 2016 made it the second fastest-growing state in the country, slightly behind Utah’s 2.03 percent. With the state’s official population nearing the three million mark, how is infrastructure keeping up with growth? The Orange Cone Zone Some of the funding for Nevada’s road … [Read more...] about Nevada Infrastructure: Keeping Up with a Growing State
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...] about City of Henderson: City of the Future
Industry Focus: Human Resources & Staffing
As the economy and staffing needs change, the human resources (HR) and staffing industry in the Silver State has been working on creative solutions to keep up with new trends. Executives in HR and staffing recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industries. Connie Brennan, publisher and CEO of … [Read more...] about Industry Focus: Human Resources & Staffing
Developing Big Boxes: Growth in Nevada’s Industrial Market
That sound that developers of industrial properties hear in the background is the ticking of the clock counting down the longest-lived economic recovery since World War II. But although the ticks are growing louder, demand for space from new and expanding industrial companies keeps developers busy in Las Vegas and Reno alike. The reasons for the boom are a well-told … [Read more...] about Developing Big Boxes: Growth in Nevada’s Industrial Market
Nevada Piggy Book: Required Reading for Taxpayers
The Nevada Policy Research Institute (NPRI) recently released the 2016 edition of the Nevada Piggy Book. This is good because Nevada taxpayers need to know about government waste, which is an especially important topic while the Legislature is in session. However, it’s also depressing to see these examples of how our hard-earned money is being thrown away by politicians and … [Read more...] about Nevada Piggy Book: Required Reading for Taxpayers
Executives Weigh In: Power Poll 2017
Most executives would agree, 2016 saw a boost to industry across the Silver State. From call centers and manufacturers to new sports teams and residential and commercial development throughout the state, Nevada is on the rise. This boom in industry is also prompting many business leaders to question when the other shoe will drop. “Cautiously optimistic” has been the phrase … [Read more...] about Executives Weigh In: Power Poll 2017
Avoiding a Business Foul: Practical Steps to Dodge Business Litigation
The best litigation for business decision makers is the litigation that never happens. Court cases are time-consuming, expensive and take a business owner’s mind off business. The best way to avoid litigation? Document everything, know your obligations and be certain your protections are in place. “It sounds a little simplistic, but I would say, know your legal obligations, … [Read more...] about Avoiding a Business Foul: Practical Steps to Dodge Business Litigation
Industry Focus: Healthcare
The healthcare industry continues to face challenges involving access to care, physician shortages and coordination between providers in the Silver State. A group of Nevada’s healthcare leaders recently met at the Las Vegas offices of City National Bank to discuss these issues and new opportunities on the horizon for the industry. Connie Brennan, publisher and CEO of Nevada … [Read more...] about Industry Focus: Healthcare
Family Owned Business 2017
Congratulations Finalists! The 2017 class of Family Owned Businesses are comprised of some of outstanding and hard-working families who care for their businesses and their communities. We are honored to name each and everyone of them a Family Owned Business Finalist. This year’s honorees were chosen by a panel of judges who reviewed hundreds of nominations to narrow it down … [Read more...] about Family Owned Business 2017
Nevada Land: Priorities for Today in Planning for Tomorrow
Protecting counties from restrictive federal land policies, potentially transferring U.S. government-owned land to the state, creating state parks. These and other current land matters in Nevada, some in the courts, some ongoing, many controversial, are numerous. That is, in large part, because the state contains the highest percentage of federally owned and managed land, 87 … [Read more...] about Nevada Land: Priorities for Today in Planning for Tomorrow
Intrusive and Unnecessary: Commerce Tax Registration
Has your company registered for the Commerce Tax? If so, you’ve obeyed the law, but you’ve also put yourself at risk unnecessarily. This tax was passed by the 2015 Legislature, supposedly to help fund education, and it applies to every company doing business in Nevada whose gross receipts are $4 million or more. However, every single business in Nevada, regardless of whether … [Read more...] about Intrusive and Unnecessary: Commerce Tax Registration
Banking on Nevada: Stronger + in Recovery Mode
For City National Bank, 2016 was one of its best years since the economic downturn. Today, with $47 billion in assets, its financials are more robust overall, profitability is improved, topline revenues are increasing and its number of clients is up, said Scott Aney, Nevada regional executive. In fact, in December, executives signed a 10-year lease extension for City National’s … [Read more...] about Banking on Nevada: Stronger + in Recovery Mode