Arriving and expanding businesses give North Las Vegas hope

North Las Vegas is known for its gritty resilience. Sure, the recession has hurt business and job growth. But the city continues to thrive with developments under way that signal a future economic comeback. The city issued more than 1,500 business licenses and welcomed 35 new companies during the last year. Twelve other businesses underwent significant expansion, including Southwest Gas Corp., Home Depot, Staples and Target. 

"North Las Vegas has been intelligent and proactive in how it attracts businesses and development to the community," said John Restrepo, principal of Las Vegas-based economic advisory firm Restrepo Consulting Group and a Directions 2010 presenter. "It’s going to take that level of initiative and creativity to stimulate economic recovery. Passive municipalities, by contrast, will face longer, more difficult recovery period."  

The city attracted solar-panel manufacturer Amonix, for example, with a $6 million federal tax credit. The Seal Beach, Calif.-based company signed a $3.9 million lease for 214,030 square feet inside the Golden Triangle Industrial Park in July. Amonix will create 278 local jobs. The plant will manufacture enough solar equipment to generate about 150 megawatts of electricity annually. An average home uses around 10 megawatts annually. 

Xtreme Green Products, another ecoconscious company, opened a 30,000-square-foot manufacturing plant this year at 2191 Mendenhall Drive in North Las Vegas. The local company produces electric all-terrain and personal vehicles. The North Las Vegas plant creates 30 jobs. 

ITT Educational Services, meanwhile, in April signed a five-year, $1.6 million lease for 17,637 square feet of office space inside Northport Business Center at 3825 W. Cheyenne Ave. The space gives the school a North Las Vegas address and lets it expand technical-educational offerings. ITT has more than 100 technical institutes in over 30 states. The Northport Business Center is the company’s second campus in Southern Nevada.  

Downtown, meanwhile, is undergoing a makeover with façade improvements to the 46-year-old, 95,000-square-foot Jerry’s Nugget, on nine acres, at 1821 Las Vegas Blvd. North. The work coincides with the upcoming completion of the first phase of the $121 million North Fifth Street superarterial roadway project, which is the city’s largest transportation undertaking. The roadway will eventually span Owens Avenue to the Las Vegas Beltway.

El Super, a grocery store, opened in July at 2021 E. Lake Mead Blvd. inside a former Lucky supermarket. The 37,000-square-foot store created about 100 permanent jobs and 150 ancillary jobs during construction.  

Downtown’s economic showpiece comes from the city itself with the construction of a $142 million City Hall. The nine-story, 210,400-square-foot building at 2250 Las Vegas Blvd. North broke ground in June 2009. It’s the city’s largest project thus far.

The project, on 12 acres, creates 160 construction jobs. The new building will house 350 city employees upon completion in October 2011, while saving an estimated $700,000 a year in energy costs. 

North of downtown lies the 20,000-acre Apex master-planned industrial park. The city has annexed about 11,500 acres or 57 percent of the park since 2008. North Las Vegas has scaled back development requirements to attract new companies and has created City View Business Park, a part of Apex, which has become a foreign-trade zone. The designation creates favorable tariffs and a favorable customs climate for international businesses.

"We are working with several companies looking to expand or relocate from the East Coast, Midwest and nearby California, which is extremely encouraging," North Las Vegas acting business development manager Terri Sheridan said. "The decision to move or relocate doesn’t happen quickly, it takes time." 

The North Las Vegas Chamber of Commerce has partnered with the city to help attract, retain and expand businesses through the creation of three newly formed committees focused on economic development; military support and private-sector contracting opportunities with Nellis Air Force Base; and small-business aid for those companies with 25 or fewer full-time employees. 

The chamber plans to support and boost city economic efforts through mentoring, public planning participation and a possible incubator program, among other initiatives. The chamber is also working to ally with the Nevada Development Authority and other like-minded private, public and nonprofit groups.  

"If we don’t support the city and their mission, nobody else will," chamber President and CEO Michael Varney said. "This is the epicenter of unemployment in the country right now. Negative things happen when people don’t have paychecks."  

North Las Vegas eliminated 200 individual paychecks in June to help balance the budget. The city also moved 250 inmates from the North Las Vegas Detention Center to a new facility in Pahrump, thereby saving $9.7 million. The money will go into the city’s general fund for operational services.

North Las Vegas must still balance its upcoming $149 million budget. The city faces a $25 million deficit.

The city is getting help from the American Recovery and Reinvestment Act in $34.2 million in energy efficiency grants to help improve operational efficiency and lower overhead operating costs. The city is reclaiming some jobs through a $5.3 million federal grant to hire or rehire full-time police officers and $3.56 million for North Las Vegas Airport upgrades, both announced in September.

A $257 million North Las Vegas water reclamation plant, scheduled to open in mid-2011, is creating 500 construction jobs. The U.S. Department of Veterans Affairs is generating building 900 jobs with construction of a new hospital at 6900 N. Pecos Road. 

More projects wait in the wings, such as the proposed $110 million, 352,200-square-foot Las Flores shopping center at the northwest corner of Las Vegas Boulevard and Hamilton Street. Montecito Commercial is the project’s at-fee developer on behalf of Dallas-based Sarofim Realty Advisors. Plans call for a 14-building lifestyle complex, on 33 acres, with a 70,000-square-foot marketplace, three restaurant pads, and a 100,000-square-foot La Curacao department store. The center was scheduled to break ground a year ago, but construction was delayed by the economic downturn. 

"If somebody is looking for an opportunity to expand or relocate, there is no community in Southern Nevada that has more developable land than North Las Vegas," Varney said. "There is attractively priced land, a pro-business City Council and affordable housing."

Contact reporter Tony Illia at 702-303-5699 or tonyillia@aol.com

ad-high_impact_4
Business
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Star Wars VR Comes to Las Vegas
Sneak peak at the new "Star Wars: Secrets of the Empire" VR experience at the Grand Canal Shoppes.
Elaine Wynn continues her fight to change Wynn Resorts board
Elaine Wynn, the largest shareholder of Wynn Resorts Ltd., is seeking to kick a friend of her ex-husband Steve Wynn off the company’s board of directors. (Todd Prince/Las Vegas Review-Journal)
Zillow is getting into house flipping in Las Vegas
Las Vegas Review-Journal real estate reporter Eli Segall says flipping houses has waned in popularity after the housing bubble burst.
Ellis Island Buys Mt. Charleston Lodge
Ellis Island, which operates a casino, brewery and hotel just off the Strip, purchased the Mt. Charleston Lodge in early April.
Casinos to be penalized for allowing drug-impaired customers to gamble
Nevada Gaming Commission Chairman Tony Alamo talks about an amendment making casinos subject to the same disciplinary standards of preventing people to gamble if impaired by drugs as they are for letting them play while intoxicated by alcohol.
Terrible Herbst to open large travel center in Southern Nevada
The 50,000-square-foot commercial travel center will include 96 fuel pumps and the third White Castle restaurant in Southern Nevada. Wade Tyler Millward reports.
Art Bell’s Top 10 Shows
A selection of radio host Art Bell’s most popular shows.
Hooters owner talks about room upgrades at his hotel-casino
George Ruff, founder and senior principal of Trinity Hotel Investors L.L.C., owner of Hooters Hotel and Casino in Las Vegas, talks about recent room upgrades at the hotel. K.M. Cannon/Las Vegas Review-Journal
Passengers Discuss Allegiant Air
Allegiant Air passengers voice their views on the airline at McCarran International Airport on April 16, 2018. (Bailey Schulz/Las Vegas Review-Journal)
Longtime Las Vegas attorney John Momot dies at age 74
Criminal defense attorney John Momot, who represented mob figures and even played himself in the movie “Casino,” has died.
Trump Slams Amazon for Not Paying Enough in Taxes
Trump Slams Amazon for Not Paying Enough in Taxes Trump tweeted his concerns about the company on Thursday. This isn't the first time Trump commented on the issues via Twitter. August 2017 December 2017 Amazon did hold back on paying state taxes in 1995, but the company has been routinely collecting state sales taxes since then. In 2016, the company's report from the Securities and Exchange Commission confirmed it paid $412 million in taxes.
David Copperfield in court after man injured during magic trick
The attorney for a British man who is suing illusionist David Copperfield said his client suffered serious injuries after being called on stage during Copperfield's show at MGM Grand.
eyecandylab CEO shows augmented reality during NAB
Robin Sho Moser, CEO and co-founder of eyecandylab gives an augmented reality demonstration at his booth during the National Association of Broadcaster Show at the Las Vegas Convention Center. K.M. Cannon/Las Vegas Review-Journal
Trends in access to capital for local black business owners
Denette Braud, owner of Braud’s Funnel Cake Cafe, talks about what owning her own business means to her.
Sir Richard Branson announces purchase of Hard Rock Hotel
Sir Richard Branson, founder of the Virgin Group, has acquired the Hard Rock Hotel with partners and plans to turn it into a Virgin-branded property by the end of 2019.
Calvary Christian Learning Academy, “There was no fair warning.”
Samantha O’Brien, whose three-year-old daughter attended the Calvary Christian Learning Academy daycare, found out Monday night when her daughter’s teacher called about the school closing.
Adobe unveils #HackTheBracket application for March Madness
Adobe unveiled their #HackTheBracket application at the Adobe Summit trade show at Sands Expo. People can use data from Adobe Analytics to make their bracket for March Madness. K.M. Cannon/Las Vegas Review-Journal
Adidas Signs Yankees' Star Aaron Judge
Adidas Signs New York Yankees Star Aaron Judge The slugger is set to don a new set of stripes this season after signing with the apparel company. Aaron Judge Terms of the deal were not disclosed. The deal includes branding on his batting gloves and wristbands. Judge, the AL's reigning Rookie of the Year, was previously under contract with Under Armour since 2014. Judge won the American League Rookie of the Year award last season after setting an MLB record for most homers in a rookie season (52).
Esports athletes are sponsored, too
Meet Red Bull-sponsored professional esports player Daryl S. Lewis, better known by his in-game name Snake Eyez. Nicole Raz Las Vegas Review-Journal.
Bettor Investments turned into a bad bet
Bettor Investments formerly operated a Nevada-licensed entity betting operation. The company promised “conservative growth, profits and stability for our investors.” Matt Stuart, who ran the fund, shut it down in late 2016 and never made good on an agreement with shareholders.
TOP NEWS
News Headlines
Events
Home Front Page Footer Listing
Circular
You May Like

You May Like