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
Las Vegas business
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
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
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
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?
Killing Jobs to Pay for Education: Nevada’s Free Margin Tax Initiative… Won’t be Free
Since Nevada’s legislature chose to take no action on the Free Margin Tax initiative by the March 15th deadline, this important state issue has been automatically passed on to the 2014 ballot. This means Nevada voters will decide whether or not we need a Free Margin Tax. If you’re not familiar with the initiative, you should be. If passed, a 2 percent margins tax would be … [Read more...] about Killing Jobs to Pay for Education: Nevada’s Free Margin Tax Initiative… Won’t be Free
In the Black: A Look at Retail in Nevada
Nevada’s retail industry, both from the brokerage and the retailer’s side, is guardedly optimistic. The optimism is driven by general economic indicators coupled with national retailer behaviors and Nevada sales performances in 2012. Let’s Go Shopping When locating stores, retailers look at sales performance in a city. “We’re seeing sales performance continue to increase in … [Read more...] about In the Black: A Look at Retail in Nevada
September 2013: Around the State
Home Prices Rise for 18th Month in a Row According to the Greater Las Vegas Association of Realtors (GLVAR), Southern Nevada home prices have been on the rise for 18 straight months. In fact, home prices are 35.3 percent higher than they were a year ago. The average home price bottomed out in January of 2012 at $118,000 and is now up to $180,000 and rising faster than anywhere … [Read more...] about September 2013: Around the State
Nevada Real Estate & Development Report: September 2013
Projects Las Vegas, 89129 Government J.A. Tiberti Construction has completed renovations on the Durango Hills Water Resource Center. Facility improvements totaled $9.1 million and included construction of two new 8,800 SF structures. The water center was kept open during the 13-month project. MWH Americas served as architect of record. The facility is located at 3271 N. … [Read more...] about Nevada Real Estate & Development Report: September 2013
Office Summary: Second Quarter 2013
Southern Nevada The office sector vacancy rate fell slightly during the second quarter of 2013, but remains elevated. The rate fell to 26.0 percent by the end of the quarter, down 20 basis points (0.2 percentage points) compared to the prior quarter (Q1 2013). However, compared to a year ago (Q2 2012), the vacancy rate remains up 40 basis points (0.4 percentage points). The … [Read more...] about Office Summary: Second Quarter 2013
September 2013: Business Indicators
Estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 1.7 percent, an improvement over the 1.1 percent growth experienced in first quarter 2013. Federal government spending and net exports made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential … [Read more...] about September 2013: Business Indicators
Industry Focus: Telecommunications
With the threat of cyber attacks at an all time high and transition to Cloud storage becoming more common, the telecommunications industry is evolving at a rapid pace. Recently, telecommunications executives representing companies throughout the industry met at the office of City National Bank to discuss the need to stay current amidst technology overload. Connie Brennan, … [Read more...] about Industry Focus: Telecommunications
Industrial Summary: Second Quarter 2013
Southern Nevada The Las Vegas industrial market vacancy rate fell to 16.2 percent, which is its lowest level in more than two years. Compared to the prior quarter (Q1 2013), the vacancy rate fell 30 basis points (0.3 percentage points), while it is down 130 basis points (1.3 percentage points) from the prior year period (Q2 2012). Three projects totaling 422,100 square feet … [Read more...] about Industrial Summary: Second Quarter 2013
August 2013: Business Indicators
The “third” estimate for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 1.8 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports and state and local government spending all made negative contributions while personal consumption expenditures, private inventory investment, … [Read more...] about August 2013: Business Indicators