Faraday Future’s decision to build a $1 billion auto plant in North Las Vegas will generate economic waves throughout the region and attract other companies, positioning Southern Nevada as a hub for international corporate headquarters, some economic development officials say.
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For the second time this year, the Las Vegas Review-Journal and its sister publications in Nevada are under new ownership.
By the time the first Faraday Future rolls off the assembly line at the company’s 3 million-square-foot automobile plant at North Las Vegas’ Apex Industrial Park in late 2017, a large portion of the company’s 4,500 employees will be furnishing their new homes, buying groceries and living the Southern Nevada lifestyle.
Nevada held onto its traditional top-five ranking for foreclosure activity in November, even as defaults moderated.
When state lawmakers convene later this month to consider an incentive package for Faraday Future, they won’t be asked to find $150 million for a water pipeline to the factory site.
Getting new neighbors can be a strange ordeal, filled with wracked nerves and awkward introductions. But for Kevin Chupp, general manager for the Love’s Travel Stop at Apex, the Thursday announcement of a gargantuan-sized neighbor across U.S. Highway 93 means one thing: Money.
Royal Links — the 18-hole golf course on Vegas Valley Drive east of Boulder Highway — could become the fourth Las Vegas Valley course offered up for sale or redevelopment over the past several months.
Faraday Future isn’t the first company to enter the electric car fray, but it’s definitely the most enigmatic.
A futuristic transportation company said Tuesday it will set up a test facility at a North Las Vegas industrial site, a move hailed by Gov. Brian Sandoval and state officials as another coup in Nevada’s quest to lure high-tech industry to the Silver State.
Ride-hailing company Uber on Tuesday began operations at McCarran International Airport, ending a stalemate with Clark County that lasted more than a month.