Week of August 22August 19, 2016 —
NOBLE STUDIOS, TITLEMAX, RIB COOK-OFF AND MORE
MMC Contractors recently opened an office in Reno as an extension of its Las Vegas location.
As a mechanical contractor on a portion of a large, hyper scale data center planned for the area, the team sees great opportunity in the region.
RENO CITY COUNCIL
Peek Brothers Construction awarded with the Pat Baker Park Renovation Project in an amount not to exceed $745,240.20.
Nelson Electric Company awarded contract to install three new access gates at the City Hall parking garage in an amount not to exceed $247,771 from the City Capital Projects Fund.
North Sierra Street Abandonment - Raising Cane’s: Council unanimously approved a request for abandonment of an approximately 1,906-square-foot unused portion of the North Sierra Street right-of-way to accommodate the development of an approximately 3,600-square-foot restaurant next to Archie’s Giant Hamburgers.
Rosewood Lakes Golf Course: Council unanimously approved Amendment No. 1 to the Long Term Lease Agreement with The First Tee of Northern Nevada. The amendment includes an updated equipment list, updates obligations of The First Tee to keep the property in golf course condition, and updates a clear termination clause of the agreement should First Tee desire to not operate Rosewood Lakes Golf Course due to the construction of the Southeast Connector project.
Truckee Meadows Community College has been accepted to the Registered Apprenticeship — College Consortium (RACC), the first RACC member listed for Nevada.
RACC is a national network of colleges, employers, trade associations and unions that cooperate to increase opportunities for apprentices to complete academic degrees. College members award undergraduate credit for approved apprenticeship programs sponsored by the trade and industry members. RACC is a program of the U.S. Departments of Labor and Education.
CITY NATIONAL BANK
City National Bank announced that it has provided Friends In Service Helping (FISH) with a $6,000 donation for its 39-unit housing project in Carson City along with helping the organization sustain their existing emergency and transitional housing projects.
Clark/Sullivan Construction crews broke ground on a $1.4 million maintenance and operations facility for the Northstar Community Service District.
Noble Studios unveiled Yosemite.com.
Also, Noble was recently named to Inc. Magazine’s 500 | 5000 list of fastest-growing companies in America. It was the fourth year in a row Noble appeared on the list.
CITY OF RENO
The City of Reno is offering free Friday parking for those who purchase a Reno license plate in 2016. Any vehicle displaying the Reno plate will get free Friday parking in the City of Reno through Dec. 31, 2017.
CARSON CITY POTTERY
Carson City Pottery is moving into the historic building at 110 S. Curry Street starting Sept. 3. Normal business hours for Carson City Art Gallery and Pottery will be Tuesday through Saturday from 10 a.m. to 6 p.m.
The National Championship Air Races has partnered with select Costco stores in northern Nevada and northern California to sell tickets to the National Championship Air Races. Costco members can now purchase discounted two-day Saturday and Sunday general admission tickets to this year’s Air Races, to be held September 14-18, 2016.
Reno officials on Aug. 15 welcomed Jet Blue’s inaugural flight linking Reno to Long Beach with non-stop daily service.
JetBlue will fly the route between Reno-Tahoe International Airport and Long Beach with a 150-seat Airbus 320.
To inaugurate the new service, JetBlue is offering a one-way $59 fare until March 24 that they call their “Silver Lining” in honor of Nevada history. Nevada’s Comstock Lode of silver was discovered in 1859.
RENO BUICK GMC CADILLAC COMMERCIAL TRUCK CENTER
Reno Buick GMC Cadillac ISUZU Commercial Truck announced the installation and delivery of their first XL Hybrid System on a 15 passenger “work crew” van for Washoe County.
The 2016 Best in the West Nugget Rib Cook-Off will be held on Victorian Square in Sparks from Aug. 31 – Sept. 5. They will offer expanded free parking and shuttles to and from downtown Sparks.
Iron Horse Shopping Center on 505 E. Prater Way and the Reno-Sparks Convention Center parking lot at the corner of Coliseum Way and Peckham Lane will offer free shuttles.
Shuttles will run Wednesday through Sunday from 11 a.m. to 10 p.m. and Monday from 11 a.m. to 7 p.m. Shuttles will take event goers to the RTC Centennial Plaza, near Victorian and 14th St Street.
The Administrative Complaint for Disciplinary Action brought against TitleMax of Nevada, Inc. by the Nevada Financial Institutions Division (NFID) has resulted in an order being issued at the conclusion of an administrative law hearing.
The Aug. 12 order requires TitleMax to immediately cease and desist offering its Grace Period Payments Deferment Agreement (GPPDA) title loan option and return all principal and interest collected under every GPPDA entered into after Dec. 18, 2014. The order also requires TitleMax to pay an administrative fine of $307,000 with $257,000 held in abeyance provided the company’s ongoing compliance with Nevada law.
Join guest speaker Dr. Ed Zschau Wednesday, Aug. 31, 5 p.m. at Minden C.V.I.C. Hall, 1604 Esmeralda Avenue, as he explains why the northern Nevada area can become the most vibrant high-tech enterprise epicenter in the USA and how education, entrepreneurship, and economic development initiatives can make that vision real. To register, go to: http://bit.ly/townhall-ed.
D&D ROOFING AND SHEET METAL
D&D Roofing and Sheet Metal announced last week that it is now 100 percent employee owned.
Saint Mary’s Health Network has been recognized by March of Dimes for giving babies a healthier start at life by reducing the number of elective inductions and cesarean deliveries (EED) performed before 39 completed weeks of pregnancy.
Saint Mary’s is the only hospital in northern Nevada to earn this distinction. A special recognition banner is now displayed at the regional medical center, commending hospital physicians and nurses for the achievement.
TAHOE BEACH CLUB
The Tahoe Beach Club, a 143-luxury condominium residence on the east shore of Lake Tahoe in Nevada, the first full ownership lakefront in 30 years at Tahoe broke ground Aug. 15. During a beachfront celebration with approximately 150 guests, Nevada Governor Brian Sandoval commended the project for its long-term environmental and economic benefits. For more: www.theTahoeBeachClub.com.
Employment increased statewide by 4,700 in July, standing 31,900 higher than a year ago. Nevada’s unemployment rate rose slightly to a seasonally-adjusted 6.5 percent, but continues to be down over the year.
SILVER STATE HEALTH INSURANCE EXCHANGE
The Silver State Health Insurance Exchange, Nevada’s marketplace for budget-appropriate health plans, has partnered with the Chronic Disease Prevention and Health Promotion (CDPHP) Section of the Nevada Division of Public and Behavioral Health to expand the state’s Online Hybrid Community Health Worker (CHW) training program.
The partnership will double the number of students able to enroll in the eight-week training program to 42 students per quarter and add Certified Application Counselor (CAC) training and a Navigating Insurance Coverage module to the existing core CHW training.
RAPID RECOVERY HYDRATION SOLUTIONS
Rapid Recovery Hydration Solutions is offering a variety of treatments to hydrate and balance vitamins and electrolytes pre- and post Burning Man. For more information, visit rapidrecoveryhydration.com or call 775-525-8135.
Digiman Studio has been contracted by Northern Nevada Children’s Cancer Foundation to produce content for their new 1095 campaign. This includes a 30-second television spot along with a 60-second radio spot and still photography. The “1095” campaign that launched in August touches on the average length of treatment for pediatric cancer lasting three years.
ABUV Media, a publisher of high-quality, consumer-focused media online, announced that it has earned placement on Inc. Magazine’s list of America’s fastest-growing companies for 2016.
ABUV Media ranked #178 nationally for three-year revenue growth, #11 in the advertising and marketing category and #2 in the state of Nevada. To lean more about ABUV Media visit www.ABUVmedia.com
UNR is one of six universities working with the U.S.Geological Survey to transition their ShakeAlert earthquake early warning system into a production system that would give communities a precious few seconds to take protective actions before severe shaking waves from an earthquake arrive.
The USGS announced Monday the $3.7 million award to the universities for this latest collaboration to improve the ShakeAlert system’s sensor and telemetry infrastructure across the west coast of the United States.
The Nevada System of Higher Education (NSHE), UNR and UNLV have finalized an agreement that will ensure Nevada’s two public medical schools each has its own faculty as well as thriving clinical practices.
By July 1, 2017, UNR Med’s education and clinical operation will be enhanced in Reno in order to accommodate all or most students in Reno for all four years of their medical education.
UNR Med’s faculty practices will continue to grow in Reno through partnerships with community physicians and hospitals, particularly its comprehensive affiliation with Renown Health.
Week of August 12August 12, 2016 —
SBA, APPLE, BREWER’S CABINET AND MORE
EDITOR’S NOTE: The NNBW experienced an email outage beginning August 4. If you sent an email to email@example.com or firstname.lastname@example.org from August 4 through August 8, the NNBW is requesting that you please resend to email@example.com or firstname.lastname@example.org. Swift Communications’ corporate informational technology department resolved the issue August 9. Also, if you feel that NNBW missed a news brief item please send it to us for review as it may have been lost as a result of this technical issue.
BASIN STREET PROPERTIES
Basin Street Properties, a prominent northern Nevada and northern California real estate investment, development and management firm and Par Tolles are pleased to announce the formation of Tolles Development Company.
Par Tolles will head up the new company concentrating, in part, on expanding Basin Street’s presence in Sacramento and Reno.
Tolles will continue serving in his role at Basin Street as interim president to ensure a smooth transition to future leadership, after which he will continue in an advisory role for the company.
In a joint announcement from Care Flight and Plumas District Hospital (PDH), ground ambulance services in the Quincy area began operations under Care Flight Ground Operations effective July 1.
Financial technology startup Bristlecone Holdings ranks among top performing companies in Gallup’s Q12 Employee Engagement survey.
In the 93rd percentile, its employee engagement is almost three times the national average, which stands at 32.6 percent according to Gallup’s most recent report.
The monthly Nevada Business Connections meeting is on Wednesday, Aug. 17 at 8 am. Doors will open at 7:30 am at the Gold Dust West Casino, 2171 E. William Street, Carson City.
The featured speakers are: Karunesha Gupta, CEO of Ganesha Enterprises LLC, and Mike Brown, CEO of AMI Newco LLC dba Aloha Medicinals.
Guptaa is a spice blender new to Carson City in 22,000 sq ft with 18 employees and Brown is a mushroom manufacturer in 40,000 sq ft space with 50 employees.
Tahoe Resources Inc. announced strong financial and operations results for the second quarter and first half of 2016, including record half-year silver and gold production as well as record levels of revenue and cash flow per share for both the quarter and year to date.
The Small Business Administration has launched certify.sba.gov, a new website to further streamline and improve the application processes for small businesses and entrepreneurs seeking to do business with the federal government.
Larry Williams, a veteran radio broadcaster and Reno resident, is the keynote speaker at the Aug. 26 WIN breakfast meeting. The sponsor of the August breakfast is First American Title.
In his talk, Chart-Topping Success: Your B-Side Reinvention, Larry Williams will share an inspirational message supported by actionable content that will focus on the four cornerstones of business: colleagues, customers, community and creativity.
The Federal Energy Regulatory Commission approved sales of renewable energy by the tech giant Apple on Aug. 4.
The company’s electricity, produced by a solar energy farm in California, a solar farm outside Yerington in Nevada, and another solar project in Arizona, went to market Aug. 7.
The California solar farm produces about 130 megawatts, the Nevada solar project produces another 20 megawatts and the Arizona project 50 megawatts, enough for almost 100,000 homes.
NEVADA ASSOCIATION SERVICES
Nevada Association Services Inc., which collects overdue homeowner association assessments through non-judicial foreclosure, recently merged with Hampton & Hampton Collections LLC. Financial terms weren’t disclosed.
Nevada Association Services CEO Joel Just said the merged company will have 27 employees, which will let it operate more efficiently in the state.
The combined company will work from Nevada Association Services’ offices at 6224 W. Desert Inn Road in Las Vegas and Hampton and Hampton’s Henderson offices at 880 Seven Hills Drive, Suite. 200.
Five local nonprofits are recruiting AmeriCorps members. Truckee Meadows Parks Foundation, Keep Truckee Meadows Beautiful, Nevada Land Trust, Oxbow Nature Study Area, and the Wilbur D. May Arboretum have full-time (11 months).
AmeriCorps Educator positions are available in Reno.
For more information contact: AmeriCorps Program Director Jackie Meyer at email@example.com
AVIATION FORECAST SUMMIT
The Reno-Tahoe International Airport will host this year’s International Aviation Forecast Summit at Squaw Valley, Calif.
Boyd Group International and more than 30 of the most influential airline and aviation executives in the world will chart the future of the industry Sept. 17-20.
Eldorado Resorts reported their second quarter net revenue of $231.3 million, operating income of $29.7 million and adjusted EBITDA of $46.7 million
The operating income increased for the fourth consecutive quarter and adjusted EBITDA increased for the fifth consecutive quarter.
Meadows Bank, headquartered in Las Vegas, announced that it posted net income after tax of $4,003,000 in the first half of 2016, which was 12 percent higher than the $3,580,000 it earned during the same period in 2015.
At June 30, 2016 the bank had Total Loans of $532.2 million, which represented a growth of $114.0 million over June 30, 2015, and $66.1 million over Dec. 31, 2015.
Meanwhile, Total Deposits grew by $116.9 million and $71.7 million from June 30, 2015 and Dec. 31, 2015 respectively to $529.1 million at June 30, 2016.
Also, as of June 30, 2016, Total Assets stood at $612.6 million while Total Equity Capital grew to $65.9 million.
NEVADA INDUSTRY EXCELLENCE
Nevada Industry Excellence works with some of the state’s most important industries: manufacturing, mining and construction.
Over a five-year period, partnership efforts between NVIE and businesses in these sectors have resulted in $2.2 billion in output, in the creation or retention of more than 8,400 jobs and in more than $182 million in new federal and state tax revenue.
CITY OF RENO
The City of Reno is launching a new special event called GIGS on the LID.
Every Wednesday, starting on Aug.10, a different local band and food truck will be in downtown Reno at lunch for your enjoyment. The event is located on the ReTRAC “lid,” near the Reno Arch between Whitney Peak and the Eldorado.
The Brewer’s Cabinet brewing facility opened its doors and is now showing off its silo.
Starting in August the Brewer’s Cabinet will offer special dock sales to the public every Friday, from 3 p.m. to 7 p.m. The new dock sale event will be offering Single Canned beer starting at $2, cases of beer starting at $20, and kegs starting at $65.
WESTERN NEVADA COLLEGE
Panasonic Energy Corporation of North America sent representative Patrick Wright to speak to students in the two-class summer manufacturing training program, after Northern Nevada manufacturing leaders gathered at WNC to learn about the college’s new Siemens Mechatronic Systems Certification Program.
From Wright, the students learned about Panasonic’s need and desire to hire locally. They also found that the company has a preference for skilled and educated workers, and offers some tips for becoming hired.
New members of the Nevada Builders Alliance are:
Reno: Accent Window, Tamara’s Painting Co., and Holland & Hart.
Fallon: Cheek Construction.
In all Nevada metro areas tracked by AAA, Reno is registering the state’s highest pump price, with drivers paying an average price of $2.65 per gallon for unleaded regular gas. Carson City is registering Nevada’s lowest price, at $2.31 a gallon.
CITY OF RENO
A local artist is painting colorful murals of shoes on Reno sidewalks in an effort to add even more art to the City of Reno.
The murals, titled “Comings and Goings,” are designed to create the visual presence of public passage, such as people catching the bus, enjoying dinner, attending a concert, seeing a movie, experiencing art and strolling the river, according to the artist, Bahareh Shahrabi Farahani.
NEVADA YOUTH EMPOWERMENT
Nevada Youth Empowerment Project kicked off “Cleaning the Streets of Reno.” The group received a grant from the Reno Sparks Association of Realtors that provides all the supplies needed for graffiti abatement. The cleaning will take place on Wells Avenue.
University of Nevada Cooperative Extension’s Herds & Harvest Program is offering the “Business Strategies for Growing Small-Scale” workshop Aug. 25, 9 a.m. – 4 p.m. It is offered in partnership with the United States Department of Agriculture Risk Management Agency, and will cover how to identify risks, ways to reduce risk, and ways to improve small-scale agricultural businesses. For more information, visit http://www.unce.unr.edu/programs/sites/bfr/classes/.
Week of August 5August 5, 2016 —
WNC, AMA, SOS and more
The Nevada Department of Transportation is inviting the public to comment on planned transportation projects and improvements outlined in the Work Program document, including updates to the Statewide Transportation Improvement Program (STIP).
The public can comment on the draft list of projects contained in the Work Program before it is finalized for review and potential acceptance and approval by the state transportation board and governing federal agencies.
To view the list of proposed projects, visit estip.nevadadot.com/comment. All public comment may be submitted before August 26, 2016 to the NDOT Program Development, Planning Office via email to firstname.lastname@example.org or by mail to 1263 South Stewart Street, Carson City, NV 89712 ATTN: Kevin Verre, room 205.
RENO CITY COUNCIL
Council unanimously approved a Privileged Business License for a Medical Marijuana Dispensary to LivFree Wellness Reno LLC.
The business will be located at 100 West Plumb Lane.
Reno Tahoe AMA is hosting a panel luncheon with local web design experts. Panel experts include John Dunlap, Courtney Meredith, Keith Anderson and Matt McIver.
Join the Reno-Tahoe AMA on Tuesday, Aug. 16 at the Atlantis Casino Resort Spa. For more information visit, www.renoama.com.
The Nevada State Contractors Board is issuing a Consumer Alert to warn northern Nevada residents, specifically those located in and around Reno, Tahoe, and the Carson City area, that four individuals operating under the unlicensed contractor name “Reliable Roofing and Paving” are scamming homeowners, seniors, and small businesses by taking their money up front and providing no work or materials.
This company carries no Nevada Contractors license and is not bonded in the State of Nevada.
New Horizons Learning Group (NHLG) headquartered in Anaheim, Calif., has acquired new Horizons Computer Learning Center of Reno, located in South Central Reno.
For more information, visit www.NHLearningGroup.com.
More than a dozen area-manufacturing leaders gathered at Western Nevada College on July 29 to preview the latest technical training initiative in support of the northern Nevada workforce.
Siemens Technik Akademie Barlin, a worldwide leader in automation and mechatronics, is partnering with Western Nevada College to launch the Siemens Mechatronic Systems Certification Program.
The SMSCP is an internationally recognized credential for technical workers in the areas of manufacturing and distribution.
WNC is the only college in the Western region of the United States preparing to offer this distinctive training program.
BAM!DOG Righteous Hot Dogs, a family-owned establishment, opened its doors on July 15 at the Smithridge Center in Reno.
The next eWomenNetwork networking dinner features a presentation on the critical steps of follow-up for building a successful business. The dinner will take place 5 p.m. to 7:30 p.m., Wednesday, Aug. 17 at Hidden Valley Country Club in Reno.
Cottonwood Cottage officially opened on Friday, Aug. 5 in Genoa.
Located at the site of the old Tombstone Tap & Grill and the former Inn Cognito at 202 Genoa Lane in Genoa, the casual-dining restaurant will initially be open on Fridays, Saturdays and Sundays, serving lunch and dinner from 11 a.m. to 9 p.m.
Metrostudy released the results of their second quarter 2016 lot-by-lot survey of the Reno housing market, and the results show affordability pressures and a lack of lot supply threatening future growth even as the market is at 2008 levels.
Regional Director Greg Gross’s findings include: annual new home starts through 2Q16 were 1,890, an increase of 1 percent over 2Q15 and the highest level since 2Q08.
Quarterly new home starts in the second quarter were 18 percent lower than in 2Q15, mostly due to the fact that lot supply remains low, and some builders are still rather cautious.
Affordability remains a concern: Last year, 26 percent of all new home starts were under $300,000; this year only 15 percent were priced below $300,000. You can view the entire report here: http://bit.ly/MetrostudyReno2Q16
With an SBA loan through Nevada State Development Corporation, the state’s largest SBA 504 loan provider, Sala Dentistry is expanding into a new building that triples its size.
The new location is 4875 Summit Ridge Drive, Reno.
Sala Dentistry employs 33 people and expects to add 37 new employees, including 10 dentists, with the expansion of their facility.
For more information on Sala Dentistry, please visit salafamilydentistry.com.
Chase International has opened a new office in Sparks this month.
The 5,000-square foot space is operating with 70 agents and will be Chase’s tenth office in the Reno-Tahoe region.
Itronics Inc., a growing and diversified fertilizer, silver, and minerals producer, announced that its pilot scale FeLix, SuLix leaching system is now producing dry sulfur powder that can be used as an ingredient for liquid fertilizer manufacturing.
Also, the silver concentrates have, for the first time, been measured to contain gold, palladium, and platinum recovered from the photographic liquid feed materials.
The Nevada Builder’s Alliance, CREW and CCIM of Northern Nevada are holding a special networking event regarding the Washoe County School District’s Save Our Schools initiative.
During this event, Aaron West of the Nevada Builder’s Alliance will share how this initiative impacts commercial real estate.
The event will be Thursday, August 25 from 5 p.m. to 7 p.m. at Palladio Commercial.
In conjunction with the McFadden Plaza grand opening, the Carson City Information Technology department has partnered with Internet service provider, SkyFiber Internet, to provide public Wi-Fi connectivity called “Battle Born WiFi” to sections of the downtown area.
This service will deliver free Wi-Fi connectivity to the Bob McFadden Plaza area with plans to expand throughout the downtown corridor.
Local Smith’s Food & Drug locations in northern Nevada will have donation bins for school supplies at the entrances to encourage the community to donate to those in need.
Each Smith’s Food & Drug store location will donate the school supplies to a nearby elementary school. This drive will run through Aug. 14.
For the first time in its 53 year history, the National Championship Air Races will feature two on-site concerts this year. The concerts, which will be on Friday and Saturday night, will occur after the day’s final air race and are free to race attendees. Visit www.airrace.org for more information.
On Aug. 2, Amazon made a special delivery to the Alice Smith Elementary School in Reno where they surprised the teachers with more than $10,000 worth of school supplies to support them and their students as they start the new school year.
Panasonic Energy North America (PENA) and Nevada JobConnect are partnering for a hiring event on Aug. 10 from 2 p.m. -8 p.m. at the Reno-Sparks Convention Center to fill positions at the Gigafactory.
MEDICAL MARIJUANA DISPENSARIES
Nevada’s attorney general delivered potentially bad news for at least some of the state’s medical marijuana dispensaries, suggesting that they should no longer be allowed to serve MMJ patients from California who only have a doctor’s recommendation to use the drug.
Matt Clafton, vice president and general manager of Alston Construction Company, Inc., announced the company has completed construction of the 707,000-square-foot Building B in the North Valleys Commerce Center. The project cost is estimated at $26.5 million.
Renown Regional Medical Center’s Total Joint Program has received re-accreditation for Total Joint Hip and Knee from the Joint Commission. With more than 800 total knee and total hip replacements performed at Renown Regional last year.
A grassroots coalition of nonprofit organizations, businesses, and concerned Nevadans is launching a new campaign, RenewNV, to create clean energy jobs in Nevada and make the state a national renewable energy leader.
The initiative also released polling that shows Nevadans see the huge economic potential of renewable energy in the state, and support efforts to end the state’s reliance on fossil fuels and transition to homegrown renewable energy sources.
CATALYTIC PURE AIR LLC
Super Louie’s Casino and Quick Stops is adding 18 Catalytic PURE AIR purifiers to their six locations in Louisiana.
The purifiers are manufactured by Catalytic PURE AIR LLC in Reno.
Sierra Nevada Construction, Inc., was awarded the Buckeye Road Reconstruction project in Douglas County.
The project is expected to commence on Aug. 8, and construction to take approximately six weeks to complete.
Week of July 29July 29, 2016 —
Drones, EAANN, Golden Gate and more
The Small Unmanned Aircraft Rule (Part 107), released on June 21 by the Department of Transportation, Federal Aviation Administration (FAA) took effect on August 29. It sets up the standard parameters to operate small, commercial Unmanned Aerial Vehicles (UAV), or drones.
Initial claims for unemployment insurance totaled 11,144 in June, down more than 15 percent from June 2015, but up over the month.
In June, the state’s metro areas experienced slight increases in unemployment, but the rates are down over the year. Las Vegas rose to 6.9 percent, while Reno/Sparks increased slightly to 5.9 percent. Carson City saw a slight uptick to 6.9 percent.
NEVADA VINES AND WINES
Nevada Vines and Wines announced their fourth annual Backyard Vineyard Tour fundraiser on Sunday, August 7, 2016 celebrating some of Northern Nevada’s local backyard vineyards. This year’s self-tour will feature approximately 10 grape vineyards across the Reno and Sparks area showcasing the fruits of some of the areas most dedicated wine enthusiasts. To learn more visit www.nvandw.com.
EMPLOYER SUPPORT OF THE GUARD AND RESERVE
Reno-Sparks employers took to the skies July 15 for a close-up view of what their employees do while serving in the Nevada Air National Guard. About 40 local business owners and managers boarded two of the Air Guard’s C-130 Hercules aircraft for a “Boss Lift” over Lake Tahoe.
NEW ENTREPRENEUR NETWORK
On July 25th and 27th, 2016, the New Entrepreneurs Network unleashed a team of student consultants to help local companies create solutions for their business challenges. A highlight of the organization’s Get A Glimpse summer program, a partnership with the Boys & Girls Clubs of Western Nevada, The Student Consulting Project is the fifth in a series of six sessions that help young people think entrepreneurially about their lives and their futures.
The Electric Auto Association of Northern Nevada (EAANN) is hosting a series of public events designed to raise awareness of Electric Vehicles (EVs) and their impact on Nevada’s environment and economy. The EAANN will have another major EV education event in September as part of the national “Drive Electric” week. Visit www.electricnevada.org for more information.
COMMUNITY HEALTH ALLIANCE
Community Health Alliance (CHA) is hosting its fifth annual Wine & Ribs fundraiser on Saturday, August 6 at 5 p.m. at Bartley Ranch Regional Park in Reno. Proceeds will benefit low-income and uninsured northern Nevadans to aid in the mission of CHA to provide quality, affordable, comprehensive health services to all.
MONARCH CASINO & RESORT INC.
Monarch Casino & Resort, Inc. reported their second quarter net revenue. It was $54.6 million and their net income was $5.7 million.
Monarch’s second quarter adjusted EBITDA increased from 10.3% to $13.8 million. They also secured a $250 million amended credit agreement to support Monarch Casino Black Hawk Expansion.
GOLDEN GATE PETROLEUM
Golden Gate Petroleum announced that its new state-of-the-art hydrotreater at the company’s McCarran facility at the TRI Industrial Park, is now producing Ultra Low Sulfur Diesel (ULSD). This Ultra Low Sulfur Diesel contains substantially less sulfur to allow the use of improved pollution control devices, which significantly improves air quality. The $12 million hydrotreater will begin producing approximately 3-1/2 million gallons of ULSD per month for the Northern Nevada market.
HAMPTON INN & SUITES
The Hampton Inn & Suites on Interstate 80 west of Reno is making its mark as a franchise 86-room hotel. Sharlands Hospitality LLC, owner of the property, is a family operation. Nevada State Development Corporation, the state’s largest SBA 504 loan provider, assisted with the financing behind the project.
Solum Construction announced the addition of several projects. Projects recently started include Class A office space in South Meadows for Toll Brothers, Springs Lutheran Church in Spanish Springs, as well as a number of luxury homes in Arrowcreek. The company is headquartered at 405 Marsh Avenue in Reno, Nevada.
The Bureau of Land Management (BLM) is accepting sealed, written bids for the commercial harvesting of pine nut units in the BLM Battle Mountain, Elko and Ely districts. The deadline to submit a bid is 9:30 a.m. PDT, Tuesday, Aug. 9. For more information, contact Katie Walsh, BLM Ely District natural resource specialist, at (775) 289-1867 or email@example.com.
Celebrating the opening of the first residential community to be built in historic Victorian Square, on Monday, Aug. 8 the Sparks Mayor and City Council will join locally based Silverwing Development and special guests for a VIP Open House and Ribbon Cutting Ceremony. Fountainhouse is a 236 unit multi-family luxury urban style community located in the heart of Sparks.
Beginning Aug. 1, the Lahontan Valley News is returning to downtown Fallon. Their new address is 37 S. Maine St., but their telephone number and mailing address remain the same; 775 423-6041, and the mailing address is P.O. Box 1297, Fallon, NV 89407.
DOUGLAS COUNTY FINANCE
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Finance Division of Douglas County for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by government and its management.
International Game Technology PLC announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per ordinary share. The dividend is payable on August 24, 2016 to all shareholders of record as of the close of business on August 10, 2016.
PITCH BLACK PRINTING COMPANY
Pitch Black Printing Company, a print lab and art retailer, announces the opening of their commercial lab and retail space in Reno. They are located at 1108 California Avenue and are open from 10am-7pm Tuesday through Sunday. Visit www.pitchblackprintingco.com or call (775) 476-2003 to learn more.
CARR LONG REAL ESTATE
Carr Long Real Estate continues to establish itself as one of the area’s premier real estate companies as it becomes The Ritz-Carlton, Lake Tahoe sole on-site sales office.
The latest BLS News Release shows employment and wage data for occupations in the Reno Metropolitan Statistical Area. It highlights: The average worker in the Reno area earned $21.35/hr in May 2015, about 8% below the U.S. average of $23.23/hr, Management occupations in the area were highest paid at $47.89/hr, followed by legal occupations at $44.97/hr, Healthcare practitioner and technical occupations had wages 11% higher than the national average and Office and administrative support occupations accounted for the largest share of local employment at 17.0%.
The RTC marked a major milestone last week with 250 million rides taken since the transit agency’s inception in 1979.
RENO FIRE DEPARTMENT
The Reno Fire Department donated $7,500 worth of EpiPens to the Community Health Alliance so the medication can be used before it expires.
REMSA Tactical Paramedics taught an Airport Response to Active Assailant Incidents course to 25 Reno-Tahoe Airport Authority personnel Tuesday, July 26. The course highlighted best practices to save lives in response to a potential active assailant incident.
The First Tee of Northern Nevada announced the launch of a fundraising drive to support the organization’s National School Education and Wellness program, which will allow the local organization to work with 65 elementary schools, of which 45 are Title 1 schools in Washoe County.
Adams Hub for innovation is celebrating the opening of The Studio at Adams Hub, a new collaboration and event space, on Wednesday, August 3, from 5-7 p.m. The approximately 1,500 square foot, multi-purpose facility is being added to the business incubator and co-working habitat, and will be host to classes, workshops and community events, including a new chapter of the award-winning Nevada entrepreneur and business-mentoring organization, Entrepreneurs Assembly. For more information, please visit AdamsHub.com, or call 775.222.0001.
The Nevada Department of Transportation will host a public information meeting to provide updates on construction of the USA Parkway extension on Thursday, Aug.11. The meeting will be held from 4 to 7 p.m. at the Silver Stage High School located at 3755 West Spruce Ave. in Silver Springs. Project information is available at www.usaparkway.com or by dialing (775) 888-7000.
STOREY COUNTY FIRE PROTECTION DISTRICT
The county is seeking volunteer firefighters. Interested individuals 16 years and older may apply for several open volunteer positions. Volunteer firefighters train and serve alongside the career staff firefighters and paramedics serving in a variety of capacities. Learn more at http://storeycounty.org/169/Fire-Protection-District.
BOB MCFADDEN PLAZA
Carson City celebrated the opening of Bob McFadden Plaza, located on Third Street between Carson and Curry Streets on Saturday, July 30. Proceeds from the celebration went to the Boys & Girls Clubs of Western Nevada and Big Brothers Big Sisters.
Comstock Mining Inc. announced in July that it has exercised a purchase commitment to acquire 98 acres of land and over 257 acre-feet of senior-priority water rights in Silver Springs, Nevada. The property was acquired through a wholly-owned subsidiary called Comstock Industrial LLC.
Week of July 22July 22, 2016 —
Existing industry awards, noble studios, casinos and more
Career College of Northern Nevada will receive $119,015, as part of a grant from the Nevada State STEM Workforce Challenge program. The grant program is funded through the Nevada State Office of Science, Innovation, and Technology.
The funding will allow CCNN to purchase and install training materials and robotic and hydraulic equipment for the school’s Industrial Electronics Technology (IET) program.
Plumas Bancorp., the parent company of Plumas Bank announced record earnings for the three- and six-months ended June 30.
Earnings during the second quarter of 2016 totaled $1.8 million, an increase of $482 thousand, or 36% from $1.4 million during the three months ended June 30, 2015.
Earnings per diluted share increased to $0.36 during the three months ended June 30, 2016 up $0.09 from $0.27 during the second quarter of 2015. For the six months ended June 30, 2016,
Plumas Bancorp. reported net income of $3.4 million, an increase of $840 thousand, or 33%, from $2.6 million during the six months ended June 30, 2015. Earnings per diluted share increased to $0.67 during the six months ended June 30, 2016 up $0.16 from $0.51 during the first six months of 2015.
Station Casinos LLC
On July 11, 2016, Station Casinos LLC filed an application for a special use permit to build a casino and entertainment facility on the approximately 8-acre parcel it owns on South Virginia Street across from the Convention Center.
The company will also file an application with the Nevada Gaming Control Board to relocate the grandfathered non-restricted Reno Turf Club gaming license to that location.
Radial, formerly eBay Enterprise, plans to hire an additional 550 workers in its fulfillment center in Reno to support the 10-fold increase in demand during the upcoming holiday season.
To learn more about job openings, visit www.radial.com/jobs.
Atlantis Casino Resort Spa hosted a ribbon cutting on July 30 to officially open its new northeast parking lot, which also holds Reno’s only Tesla Supercharger stations.
Noble Studios, a digital marketing agency specializing in web, mobile and social media, was awarded the Premier Google Partner badge in correlation with the program’s launch on Monday, June 27.
The Premier Google Partner badge recognizes Noble as a leading agency for developing and maintaining successful online advertising campaigns for its clients.
With this announcement, Noble Studios expands on its current status as the only Google Analytics Certified Partner in Nevada.
Existing industry awards
Nominations are now open for the fifth annual Existing Industry Awards. Nominations will be accepted for primary companies in Washoe County, the Tahoe-Reno Industrial Center and the City of Fernley. Deadline for nominations is August 31, 2016.
A primary company is one that generates the majority of their revenue from outside Nevada. Category descriptions, Nomination Criteria, and the Nomination Form can be found at http://edawn.org/existing-business/existing-industry-awards/.
Chef Colin and MaryBeth Smith of Roundabout Catering & Party Rentals, along with their team, have officially opened Roundabout Grill in Whitney Peak Hotel.
The new restaurant brand and menus were rolled out on Friday, July 1, launching a new culinary vision for the hotel’s restaurant, room service delivery, and new banquet and event space.
Farr West Engineering
Lyon County is changing its business model as it deals with Community Development (Planning, Zoning & Building Safety). Lyon County has entered into a contract with Farr West Engineering to serve as the Community Development Director and Building Department.
NNDA has assembled a panel to discuss what is being done to build real estate capacity. The NNDA breakfast is Wednesday, July 27 from 7 to 8:30am at the Carson Nugget.
Mark Turner, principal, Silver Oak Development Company, will provide an update on residential real estate projects. Commercial real estate development efforts will be addressed by Brad Bonkowski, Principal, NAI Alliance Carson City. An overview of the Certified Site Program, which helps to meet industrial real estate needs, will be presented by Aaron West, CEO, Nevada Builders Alliance.
Itronics Inc., a growing and diversified fertilizer, silver, and minerals producer, announced that it has started a full scale silver refining campaign to produce commercially saleable silver bullion from a mixture of its internally generated silver concentrates and e-scrap (ground up computer circuit boards).
Complete Streets enhance safety and mobility for everyone.
Working closely with the community, the RTC has identified locations for Complete Street improvements outlined in the Complete Streets Master Plan, which was adopted unanimously by the RTC Board on July 15.
Eide Bailly LLP
Regional CPA and business advisory firm Eide Bailly LLP, with offices in northern Nevada, has been selected as one of Bob Scott’s Insights 2016 Top VARs, honoring 100 organizations for their accomplishments in the field of mid-market enterprise resource planning (ERP) and financial solutions.
Pacific States Communications
Pacific States Communications has been recognized as a Diamond Solution Integrator for NEC voice solutions including the NEC SV9100, SV8300 and SV 9500 systems. Pacific States Communications has been an authorized NEC Partner for more than 30 years.
Panasonic Energy of North America and Nevada JobConnect are collaborating on plans to hold a job fair, focused on full-time jobs and careers in advanced manufacturing at the Gigafactory that is now being built outside Reno, in Sparks.
The job fair will be held on August 10th, from 2 p.m. - 8 p.m., at the Reno Convention Center.
Seven months of outreach to Sparks residents to secure input as the city develops its comprehensive plan has resulted in nearly a 3 percent response rate from the current population.
Two neighborhood workshops are scheduled to provide an overview of the comprehensive plan and land use map.
The #IgniteSparks community outreach effort is designed to guide the city through 2030 with a city-wide comprehensive plan.
For more information, visit online at IgniteSparksNV.com.
Tahoe Brew Tours
In the last few years, craft breweries have added to the list of adventure activities for Tahoe locals and tourists alike, in turn creating a niche opportunity to connect the brewery locations speckled along the shoreline.
Fulfilling that niche is Tahoe Brew Tours, LLC, a brand new company out of South Lake Tahoe, offering a service likened to the winery tours of the Napa Valley. This is the first of its kind in the Tahoe Basin.
Nevada’s unemployment rate rose slightly to a seasonally-adjusted 6.4 percent in June, but experienced strong job growth.
In June, the Silver State experienced the strongest over-the-month gain in employment in 11 years, adding a seasonally-adjusted 7,500 jobs.
Nevada Builders Alliance
The Nevada Builders Alliance, a professional organization representing the construction industry; and all affiliated sectors, has joined the Nevada Taxpayers Association.
New members of the Builders Alliance were: Hardscapes, Inc. of Reno; and Stateline Builders of Stateline.
Nugget Casino Resort
Nugget Casino Resort has added Catalytic PURE AIR purifiers to their Housekeeping Department.
Catalytic PURE AIR purifiers were already being utilized in the new bingo area on the main gaming floor. The housekeeping department has added five additional air purifiers to improve indoor air quality in the smoking hotel rooms, public spaces and for odor control.
Maplewood Training Stables, Inc.
Maplewood Training Stables, Inc., owned and operated by Julie Winkel, has received provisional licensing from the Commission on Postsecondary Education, the licensing authority for the oversight of private postsecondary educational institutions operating in Nevada.
Parks and rec.
Reno City Council unanimously approved a contract to Peek Brothers Construction for expansion of the parking lot at Damonte Ranch Park in an amount not to exceed $160,111.40 from Residential Construction Tax District 4 Fund.
The Council also unanimously approved a contract for repairs to four courts at the Reno Tennis Center to Advanced Asphalt, Inc. in an amount not to exceed $96,976 from Donations and Park Capital Maintenance Funds.
Sewer rehabilitation project
Council unanimously approved a contract to Q&D Construction for the 2016 Sewer Rehabilitation Project Phase 1B in an amount not to exceed $8,021,006.69 from the Sewer Enterprise Fund. This project includes the rehabilitation and/or replacement of approximately 9,200 feet of aging sewer pipe within the City of Reno. The scope of work is generally in the Fourth Street area.
Week of July 15July 15, 2016 —
Saint mary’s, reno fire department, stonegate and more
INCLINE AT TAHOE
Incline at Tahoe announced that it has officially rebranded its 20-year-old business to “Sun Bear Realty and Property Management”.
Sealed bids for the Backflow Compliance Project at Westergard Elementary School will be received by the Washoe County School District’s Purchasing Department located at The Brown Center 14101 Old Virginia Road until 2:00 p.m., on August 5, 2016 and will be publicly opened and read beginning at 2:00 p.m.
Scope of Work: Installation of Domestic, Irrigation and Fire Backflow Devices
Sierra Nevada Construction is requesting sub quotes from certified DBE subcontractors and suppliers for NDOT’s contract No. 3648 SR 399 in Pershing County. The bid date is July 21. Scope of work is cold milling and placing plantmix chip seal. They seeking suppliers for construction Area Signs; Traffic Control System; Portable Changeable Message Signs; Cold Plane Asphalt Concrete; Remove Pavement Markings; Erosion Control; Place Screenings; Asphalt Paving; Thermoplastic Traffic Stripe & Marking; and Painted Traffic Stripe & Marking; Bottom Dump Trucking; Truck Rental/ Broker; Trucker; Water Truck Rental; Sweeping; Construction Equipment Rental; and Heavy Equipment Rental. All bid items are available and when practical, will be split apart to assist in bidding.
Southwest Airlines announced a new seasonal air service flying non-stop once a week from Reno-Tahoe International Airport (RNO) to Dallas Love Field (DAL) from Jan. 7 to March 4, 2017. The new flight will depart Dallas Love Field at 11 a.m. and land in Reno at 12:30 in the afternoon. It will depart Reno at 11 a.m. and land in Dallas at 4:05 p.m.
The Love Feld service is the 11th new flight announcement by Reno-Tahoe International in the past 14 months.
Dermody Properties recently broke ground on a 546,000-square-foot industrial facility in Shepherdsville, Ky. Known as LogistiCenter at 480, this new bulk warehouse and distribution center will feature e-commerce-compliant design, including 36 feet of clear height, 49 dock doors, expandable to 99 dock doors, 63 trailer stalls and 320 car parking stalls. Construction is expected to be complete in late 2016.
Saint Mary’s Medical Group has officially announced a new, full-service pharmacy at the Robb Drive Medical Campus, located at 6255 Sharlands Avenue. The pharmacy will be open Monday through Friday from 8:30 a.m. to 8:30 p.m. and weekends from 9:30 a.m. to 5:30 p.m. Saint Mary’s has also expanded their imaging services to offer mammography services at the Robb Drive Medical Campus location.
On June 22nd, 2016 the Northern Nevada Development Authority and the Economic Development Authority of Western Nevada announced the formation of the Western Manufacturing Alliance (WMA), an alliance of manufacturers, for manufacturers, and led by manufacturers to support next generation manufacturing. On July 7, the second set of round tables was held at the NNDA office in Carson City to continue discussions aimed at identifying key issues facing all manufacturers in the state.
Meadowood Mall, a Simon property, announced that, through continued efforts to increase shopper safety in the face of severe weather, the centers were awarded the designations of being “StormReady®” and ”Weather-Ready Nation Ambassadors™” by National Oceanic and Atmospheric Administration’s (NOAA) National Weather Service.
Pro Group Captive Management Services, Inc. has been named the top winner as the Best of the Best in Finance at the Acquisition International’s annual “America’s Most Outstanding Firms” Awards. The prestigious Business Excellence Awards highlight and celebrate the outstanding performance and results achieved for their clients by the leading firms across the corporate world, despite working within increasingly competitive markets and challenging economic times.
Orangetheory Fitness announced the opening of their Reno studio located at 8056 S. Virginia Street, Suite 1.
StoneGate, a 10-year build-out, multi-phased master planned community located within the City of Reno, submitted plans on July 11 for a Master Plan Amendment and Planned Unit Development Handbook. This newly proposed community is located in northwest Reno near Peavine Mountain.
The Rotary Club of Reno (Downtown) celebrates its 100th birthday Monday, Aug. 1 with a special dinner event at the Atlantis Casino & Resort. Rotary International President John Germ will be the special guest speaker for the event, which is open to the public. Reservations are available through the club’s website at www.renorotary.org.
RENO FIRE DEPARTMENT
The Reno Fire Department recognized the successful completion of its 12-week Recruit Academy by 16 recruits who will transition into probationary firefighters. This is the second graduating class of 2016. The Reno Fire Department received about 750 firefighter applications for this recruitment period. 31 new firefighters have joined the Reno Fire Department this year after graduating from the recruit academy. They are the first new hires for the department in nearly eight years.
In early 2016, Nevada Urban Indians, Inc. opened its doors in northern Nevada, not only to the Native American community, but to the general public as well. NUI is a non-profit organization that provides healthcare and community services. These include primary care, immunizations, a victim services program (domestic violence), substance abuse and mental health counseling, family support social services, and an educational program.
Laura Zander of Jimmy Beans Wool is the keynote speaker at the July 29th WIN breakfast meeting. The sponsor of the July breakfast is Adlington Eye Center on behalf of Canine Rehabilitation Center and Sanctuary. For more information, please visit www.winevada.com.
For the sixth year in a row, Renown Regional Medical Center was honored by the American Heart Association (AHA) for high quality heart care.
Atlantis Casino Resort Spa’s Atlantis Steakhouse and Bistro Napa have both received the prestigious Wine Spectator Magazine’s Award of Excellence. Wine Spectator’s Restaurant Wine List Awards recognize restaurants whose wine lists offer interesting selections, are appropriate to their cuisine, and appeal to a wide range of wine lovers.
A&K EARTH MOVERS
A&K Earth Movers, Inc. is requesting for Sub Quotes from certified DBE Sub’s and Suppliers for the following project: Contract #3648 SR 399, Pershing County Nevada Department of Transportation Bid Date: July 21, 2016 at 1:30 p.m.
All sub bids are required 48 prior to bid date. Seeking Subs & Suppliers for the following: Cold Milling, Asphalt, Striping, Trucking, Erosion Control and Traffic Control. Email: firstname.lastname@example.org
The Nevada Department of Transportation began heavy construction to improve and extend the Parkway to connect Interstate 80 and U.S. 50. The $75.9 million project by design-build contractor Ames Construction is expected to complete in late 2017, opening the new USA Parkway extension to traffic. Project information is available at www.usaparkway.com or by dialing (775) 888-7000.
GBS Enterprises is holding a hiring event on Tuesday, July 19 from 9:00 a.m. to noon and 1:00 p.m. to 4:00 p.m. The event will be held at Reno JobConnect located at 4001 South Virginia St., Suite H. Positions include administrative assistant, customer service, junior accountant, shipping clerks, industrial sewer, procurement specialist and customer service manger.
Noble Studios’ community outreach program, Noble Deeds, which annually donates hundreds of hours of pro bono digital services to one northern Nevada nonprofit in need, has selected Safe Haven Wildlife Sanctuary as its 2016 recipient. Learn more about Noble Deeds at www.noblestudios.com/company/noble-deeds/.
Small businesses, those firms with fewer than 100 employees, added 19,000 jobs in the fourth quarter of 2015, totaling 596,000 in employment. This represents the second consecutive quarter in which small business employment stands at a record-high. During the final three months of 2014, small business employment registered at 577,000. Prior to the recession, small business employment peaked at just over 585,000 in the fourth quarter of 2007. As the downturn unfolded, jobs fell to 510,000. NEVADA HOUSING DIVISION
Eldorado Resorts, Inc. will report its 2016 second quarter financial results after the market closes on Thursday, August 4, 2016. The company will host a conference call and webcast at 4:30 p.m. ET on Thursday, August 4, 2016 to review the results.
To access the conference call, dial 719-325-2361, conference ID 4541657. Participants can also access a live webcast of the call through the “Events & Presentations” section of Eldorado’s website at http://www.eldoradoresorts.com/.
SonoCiné, based in Reno, released 3D multiplanar reconstruction software to improve breast cancer detection. This new software package augments the high-resolution transverse imaging SonoCiné is known for. Once an area of suspicion has been identified using SonoCiné AWBUS, users of the new 3D software will be able to apply whole breast multiplanar reconstruction to further investigate the region. The 3D view shows the area being interrogated from all three planes — coronal, transverse and sagittal.
Week of July 8July 8, 2016 —
REAL ESTATE, DEMOLITION, TAX AND MORE
WIN REVENUE SUMMARY
Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $958,055,897 for the month of May 2016. This amounts to a 4.53 percent decrease compared to May 2015, when licensees reported a gaming win of $1,003,479,007. For the fiscal year (July 1, 2015 through May 31, 2016), gaming win has increased 0.16 percent.
Percentage Fee Collections for the Month of June 2016: The State collected $51,517,373 in percentage fees during the month of June 2016, based upon the taxable revenues generated in May 2016. This represents a 17.13 percent (or $10,648,829) decrease compared to the prior year’s June, when percentage fee collections were $62,166,202.
Motel demolition approved
In a 4-to-0 vote, the Reno City Council unanimously approved to award a contract to demolish two long vacant motels (Golden West and Heart o Town) located in the 500 block of North Virginia Street. The contract was awarded to Q&D Construction in an amount not to exceed $216,463.69 from the Blight Mitigation Capital Projects Fund.
The demo is expected to begin some time between the Hot August Nights and Street Vibrations special events. The decision supports the Council’s priority of a Thriving Downtown and University District, an important initiative of the recently adopted City of Reno Strategic Plan, according to a written statement from the City of Reno.
WNC has partnered with Nevada State High School. High school juniors and seniors living in Carson City, Douglas, Lyon, Story and Washoe counties can earn college credits at no cost through Nevada State High School, while they finish high school. They may also receive support with textbooks, transportation, and class expenses. Applications and additional information are available online at www.earlycollegenv.com
RENTCafe released a study regarding apartment sizes in the US. Reno ranked 16 on their list of cities with the smallest apartment sizes. For the full report visit http://www.rentcafe.com/blog/rental-market/us-average-apartment-size-trends-downward/.
For the 17th consecutive year, the Nevada State Controller’s Office has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association, Controller Ron Knecht announced.
TESLA in partnership with Nevada JobConnect will host information sessions in Las Vegas and Reno for those interested in working at the Gigafactory in Sparks. Jobseekers interested in learning about the various careers must be pre-screened at a Nevada JobConnect location to receive an invitation to one of the information sessions to be held in mid-July. Available jobs include material handler, product excellence inspector, skilled technicians and production associate. The invitation-only session is scheduled for July 23rd in Reno. Interested jobseekers may visit any of the Nevada JobConnect offices between 8 a.m. and 5 p.m. Monday through Friday to be considered.
Taxable Sales statewide for April 2016 of $4,358,636,583 represent a 5.9% increase over April 2015. The largest increases were realized by Food Services and Drinking Places, up 6.7%; Professional, Scientific, and Technical Services, up 82.9%; Motor Vehicle and Parts Dealers, up 10.3%; Electronics and Appliance Stores, up 30.7%; and Rental and Leasing Services, up 10.9%.
Zulily is holding a hiring event on Wednesday, July 13 from 10 a.m. to 2 p.m. The event will be at zulily Fulfillment Center, 3200 USA Parkway, McCarran, NV 89434. They are looking for 40 part-time direct hires.
CONTRACTS FOR BIDS
Contract #3648: Contract Cost Range: R17 ($1,050,000.01 to $1,300,000.00). Sealed proposals will be received by the Director of the Nevada Department of Transportation, Carson City Headquarters, located at 1263 South Stewart Street, Carson City, NV 89712, until and opened at 1:30 PM, PDT on July 21, 2016, for Project No. SPSR-0399(001), SR 399, Pershing County. Description of work: Cold milling, placing plantmix bituminous surface with chip seal.
Terra Tech CEO Derek Peterson announced the company made a $40,000 donation to support the legalization of marijuana coalition in Nevada.
The Barracuda Championship announced Sky Tavern as the winner of their $25,000 Charity Facebook Contest.
Nearly six hundred prospective purchasers and real estate professionals from across the West made their way to Lake Tahoe in late June when Chase International held their 20th annual luxury Tahoe estates tour.
The tour included 21 Chase property listings that ranged in price from $1,799,000 to a $27.5 million home on nine acres on the East Shore. Also featured was a $23.9 million home on the West Shore.
Art Paws is accepting donations for their silent auction. They will accept donations until the July 17. For more information visit ArtPawsReno.com or call Michelle at 775-722-9914.
EDAWN will open nominations for the 5th Annual Existing Industry Awards on Tuesday, July 12. There are nine award categories. Descriptions, nomination criteria, and the nomination form can be found on the EDAWN website at http://edawn.org/existing-business/existing-industry-awards/.
The Grand Sierra Resort will host a job fair from 10 a.m. until 6 p.m. on Wednesday, July 13 in the Silver State Pavilion.
Senior Advisor Ian Cochran, CCIM and Advisor Greg Ruzzine, the retail team with SVN Gold Dust Commercial Associates, represented the seller in the sale of Campus Commons, a 26,869 SF retail center with a 15,000 SF pad site located along Wedge Parkway, in early May of 2016. The center was at 90% occupancy selling for $5,500,000 to an out-of-state 1031 exchange buyer from southern California. There was high interest in this Class A center with four offers placed within 30 days of each other and selling within 180 days of original listing.
WGU Nevada celebrates first anniversary with $250,000 in scholarships for Nevada residents. Applications are now being accepted for the New You, New Nevada Scholarship, which will provide each recipient up to $2,500 ($625 per six-month term, up to four terms). In addition, the $65 university application fee will be waived. Apply for the scholarship at nevada.wgu.edu/newnevada by Oct. 16, 2016.
Nevada Women’s Fund awarded $179,658 in educational scholarships for the 2016-2017 academic year to 79 northern Nevada women benefiting 30 children.
“Vinegogh” Wine Walk on Saturday, July 16, from 2 p.m. to 5 p.m supports Arts for All. A portion of the proceeds benefit Arts for All of Nevada at the Lake Mansion.
NV STATE BANK
Nevada State Bank debit and credit cards can now be enrolled in Samsung Pay and Android Pay. Nevada State Bank is one of fewer than 200 banks nationally to offer all three mobile wallets to their clients.
CHECKERS & RALLY’S
Checkers & Rally’s is focusing on expanding into Reno. They believe there is room for 10 locations in the area in the coming years. Checkers & Rally’s, a drive-thru restaurant, has seven locations in Nevada, and has earmarked Reno as a key growth market due to its business-friendly atmosphere and the growth that Washoe County has experienced.
The following Chase International Real Estate report compares all MLS sales from January 1, 2016 through June 30 to the same timeframe of 2015.
The Reno-Sparks housing market saw a 9 percent increase in median home price from this time last year, boosting it to $299,897. Sales stayed relatively flat with a five percent rise in sales volume and units sold staying relatively unchanged.
Homes selling for more than $1 million dropped 23 percent while homes selling for less than a million rose just one percent.
The average home price rose five percent to $338,196.
There were significant increases in condo sales, with a 27 percent jump in volume sold and 37 percent increase in median price ($164,900).
Carson Valley saw little change in both sales and prices, with a two percent drop in units sold and less than one percent drop in volume. The median home price rose one percent to $318,000 and the average price was up two percent to $352,334.
Tahoe home prices remain essentially unchanged for the first half of the year, while lake-wide sales rose slightly. The sale of homes over $1 million was up significantly (30 percent), primarily a result of strong sales in Incline Village.
Sales volume around the lake rose an impressive 13 percent while units sold was up 12 percent. The average price of a home is $779,128 while the median is $525,000, a one and two percent rise, respectively.
Incline Village and South Shore saw the bulk of the movement, with South Shore seeing a 22 percent increase in units sold across the board. Total volume sold in the South Shore was up 33 percent. The average price of a home in South Lake Tahoe is $499,877 and the median is $414,000 (up nine and seven percent, respectively).
Sales volume in Incline was up 34 percent and units sold up 26 percent. Homes selling for more than a million leapt 59 percent. The average price of a home in Incline is $1.37 million (a six percent increase) and the median is $995,000 (up 17 percent).
Tahoe City saw declines in both volume and units sold (14 and 12 percent) with median home price rising two percent to $570,000. The average home price dropped two percent to $886,938.
Regional sales have remained primarily on par with national trends, with the buyers taking advantage of low mortgage rates.
The East Shore, saw a ten percent jump in units sold, with the average home price dropping 11 percent to $1.13 million. The median price rose two percent to $784,000.
Condo sales around the lake saw 14 percent spikes in both volume and units sold. Prices remained relatively flat, with a five percent uptick in median price ($342,00) while the average price dropped less than one percent to $420,839. Incline Village saw more sales of condos than any other area on the lake. It also had the highest average price for a condo.
Truckee saw huge increases across the board, with a 68 percent increase in volume sold, primarily due to a 158 percent rise in homes selling for more than $1 million. The average price of a home in Truckee is $1.05 million (up 31 percent) and the median price is $629,500 (up 15 percent).
Week of July 1July 1, 2016 —
TRAVEL, CONTRACTS, DRONES AND MORE
ArchCrest Commercial Partners relocated their office to accommodate plans for growth and expansion in 2016-2017. The commercial real estate company has moved to 5560 Longley Lane, Suite 100, in the Longley Professional Campus.
TravelNevada was awarded a Silver Anvil from the Public Relations Society of America for its “Don’t Fence Me In” millennial marketing campaign.
TravelNevada also was recognized with two national Bronze Anvil Awards and an honorable mention for its New York City media event launching JetBlue’s service into RNO. Both programs were executed in partnership with Agency of Record Fahlgren Mortine and Nevada-based partner, The Abbi Agency.
A SmartAsset study found Reno to be the second most affordable U.S. travel destination. According to their study, on average, two hotel rooms for a family of four would cost only $176 per night and round-trip airfare would cost about $1,360 ($340 per person).
SmartAsset also found the best places to live on Social Security in Nevada. Washoe County ranked seventh. Douglas and Storey ranked fifth and sixth, respectively, and Pershing ranked first. The study found the cost of living in Pershing to be $17,250 and annual Social Security to be $18,370.
Finally, SmartAsset looked at the most affordable places to live in Nevada. Spring Creek topped the list with a 93.55 on their affordability index. Sun Valley second with 93.17 followed by Winnemucca at 91.35 For the full report visit https://smartasset.com/mortgage/how-much-house-can-i-afford?year=2016#nevada.
A Glenbrook estate, listed by Chase International’s Mike Dunn, is part of HGTV’s Ultimate House Hunt. The contest takes place online through July 8.
The property is noted for its private lake access and outdoor entertaining potential. The two-story home has wrap-around balconies, 30-foot pier, two deeded-buoys and a spacious deck. It is listed for $10,525,000.
Unmanned aerial cloud-seeding reached a new milestone through the successful integration and deployment of 14 ejectable cloud-seeding flares at low altitude.
In several test passes, Drone America’s Savant™ sUAS aircraft deployed its silver-iodide cloud-seeding payload 75 feet over the Hawthorne Industrial Airport’s runway.
D & D ROOFING AND SHEET METAL
President Ken Dillon announced that the company has contracts for $4.9 million.
Projects include the following in Reno: Barnes & Noble, CBRE Maintenance, Big Valley Honda, Lenz Elementary, Wooster High, Parr Detention Center and McQueen High. In Carson City: Surf Thru Car Wash. In Sparks: Petco, Anixter, John Dermody Ventures, State of Nevada Sierra Regional Center and Greg Street Park. In Winnemucca: Creek Casino and Ridley’s Market and Fernley/Jeep/Dodge in Fernley.
The Reno Chalk Art Festival (July 9-10, 2016) presented by Atlantis Casino Resort Spa in conjunction with Artown announces its Call for Entries for juried artists, both amateur and professional. Submissions must be received by Wednesday, July 6. For more information, visit www.atlantiscasino.com/chalk.
Microsoft teamed up with NIAS, a FAA-designated Unmanned Aviation Systems (UAS) Test Site, to achieve flight with their newest glider UAS in the National Airspace System (NAS) last month.
The objective of the Microsoft flight was to meet the rigorous testing and training requirements of the Nevada FAA-designated Test Site and to build crew experience in flying the glider and their other quad-copter models in the NAS. The other objective was to certify the Microsoft UAS team in flight planning, risk assessment, communications, decision-making, teamwork, and crew coordination.
The Microsoft team was certified to conduct flight operations under the Nevada UAS Test Site COA.
The Bureau of Land Management (BLM), Carson City District, Stillwater Field Office, has issued the Decision for the New Pass Peak Distribution Line Project, proposed by Sierra Pacific Power Company (NV Energy). The project area is in Churchill and Lander Counties, approximately 25 miles northwest of Austin, Nev.
The Decision will allow Sierra Pacific Power Company to construct, operate and maintain a permanent right-of-way for a new 30,563 feet (5.77 mile) long, 40-foot wide distribution line ROW. The permanent ROW would occupy approximately 27 acres of federal land primarily administered by the BLM Carson City District, Stillwater Field Office with segments of the line also crossing into lands administered by the Battle Mountain BLM District, Mount Lewis Field Office, along the crest of New Pass Peak.
The BLM Ely District, Egan Field Office, has released the Final Environmental Impact Statement (EIS) for the proposed Bald Mountain Mine North and South Operations Area Projects (Project) that would expand an existing open-pit gold mine in White Pine County, Nevada, approximately 65 miles northwest of Ely, Nev. The Project was originally proposed by Barrick Gold US Inc., but has recently been purchased by Kinross Mining Inc. The agency preferred alternative is the Western Redbird Modification Alternative. The Final EIS is posted online at http://on.doi.gov/14R9rZ8 and additional information is available at http://on.doi.gov/14vXckC.
LIBERTY FOOD AND WINE
Chef Mark Estee opened Liberty Food & Wine Exchange, an artisan eatery and wine bar, June 27 at 100 N. Sierra Street. Their hours will be Mon.-Fri., 11 a.m. – 9 p.m., and Sat.-Sun., 10 a.m. – 9 p.m.
Churchill County began construction on a new $17 million Law Enforcement and Detention Center. The county’s current facility, constructed in 1973, has an official bed capacity of 53 and severely limits inmate segregation capabilities. The new 39,000- square-foot facility has six different housing pods and more than doubles the number of available beds to 120. A seventh pod with space for an additional 20 beds may be converted in the future if needed.
The National Automobile Museum is up for a “Best Transportation Museum” in a 10Best national poll via USA Today. Voting is open through July 18 at http://www.10best.com/awards/travel/best-transportation-museum/.
The Reno-Tahoe American Marketing Association announced the winners of this year’s Ace Awards during a ceremony on June 23. The winners are as follows: Best Brand/Re-Brand Truckee Base Camp for a Big Life (Truckee Chamber of Commerce), Best in Cause-Related Marketing Diaper Duty – a Community-Wide Diaper Drive (Estipona Group), Best in Direct Marketing The Weekly Yelp (Yelp.com), Best Event Promotion TedxUniversityofNevada (University of Nevada, Reno), Best Integrated Marketing Strategy Toucan Charlie’s Buffet Grand Re-opening (Atlantis Casino Resort Spa), Best in Print Reno Lens Book (The City of Reno), Best in Public Relations Flirtey Public Relations Campaign (The Abbi Agency), Best in Social Media TravelNevada Leverages User-Generated Content to Increase Awareness & Inspire Millennial Travel to Rural Nevada (TravelNevada), Best in Web and Digital Design TravelNevada.com (TravelNevada), Best Video/Commercial Wild Nights Commercial (TravelNevada), People’s Choice The National Council of Juvenile and Family Court Judges – Ending Indiscriminate Juvenile Shackling (KPS3), Influencer of the Year Mike Higdon (RGJ).
Contractors State License Board cited 10 suspects for alleged illegal contracting violations during an undercover sting operation in El Dorado County. Suspects are scheduled to appear in court August 5. Four of the individuals caught are Nevada residents. Justin Charles Fields of Wellington was cited for contracting without a license, illegal advertising and fraudulent use of an incorrect license number. Raymond Dorsey Jr. of Carson City was cited for contracting without a license. Eduardo Antonio Sandoval-Martinez of Carson City was cited for contracting without a license. Jose Eduardo Valverde of Sparks was cited for contracting without a license.
The 19th annual National Championship Air Races Pylon Racing Seminar (PRS) was held June 15-18 at the Reno Stead Airport. PRS is a qualifying and safety seminar for pilots new to the National Championship Air Races. This year’s event, which was not open to the public, hosted a record 79 airplanes and 130 participants, including students, instructors and certified pilots.
The Center for Application of Substance Abuse Technologies at the University of Nevada, Reno was recently awarded a $300,000 grant from the Office on Violence Against Women “Grants to Reduce Sexual Assault, Domestic Violence, Dating Violence, and Stalking on Campus Program.” Of 150 universities and colleges that applied, 27 were awarded.
Sewer Rehabilitation Project - Council approved an agreement with Spanish Springs Construction in the amount of $512,444 for a sewer rehabilitation project for the A Street Alley. The project includes the removal and replacement of an aged sanitary sewer main along with the replacement of the asphalt alley structural section with a reinforced concrete section. Original installation of this sewer main dates back to the 1920s.
FREE CLINIC DATES
The University of Nevada School of Medicine announced its free Student Outreach Clinics for July. General clinics, available to both children and adults, will be held on July 9 and July 30 from 8 a.m. to noon.
Campo opened a Sparks location on July 1. Campo’s new location at 137 Los Altos Parkway will serve brunch, lunch and dinner.
Basin Street Properties has signed a lease with Piercy Bowler Taylor & Kern Certified Public Accountants & Business Advisors (PBTK) in its 200 South Virginia building in downtown Reno.
As of July 1, NV Energy northern Nevada residential, commercial and industrial electric customers will experience an overall electric price decrease of 1.97 percent. Natural gas residential, commercial and industrial customers experienced an overall gas decrease of 9.17 percent.
The Nevada Commission on Tourism has awarded $895,770 in grants to entities promoting rural Nevada tourism. Projects range from a campaign aimed at highlighting the Great Basin National Heritage Area to the promotion of the new Nevada Backcountry Discovery Route, a south-to-north route on backcountry roads that will pass through rural towns.
For the 15th consecutive year, the Washoe County School District (WCSD) has been recognized for responsible fiscal practices by the Government Finance Officers Association. The group awarded its Certification of Achievement for Excellence in Financial Reporting to the WCSD Office of Business & Financial Services in recognition of its award-winning Comprehensive Annual Financial Report for the fiscal year that ended June 30, 2015.
Week of June 24June 27, 2016 —
REAL ESTATE, STARTUPS, AWARDS AND MORE
RESOURCE CONCEPTS, INC.
Resource Concepts, Inc. (RCI), a Carson City based civil engineering, environmental resources and materials testing firm, now offers an AASHTO accredited materials testing laboratory to serve its public and private sector clients. The accreditation includes both ASTM and AASHTO methods for soils, aggregates and asphalt. RCI laboratory personnel also are certified in the National Alliance for Quality Testing in Construction. RCI offers a full range of civil and environmental engineering design, permitting, surveying and testing services. For information, visit www.rci-nv.com, or contact RCI at 775-883-1600 or email@example.com.
CareerLink is a comprehensive job search-and-find software for TMCC students and alumni. Employers can post jobs and internships, and search résumés based on key words. Mid June showed 151 active jobs and 673 registered employers. CareerLink clears the jobs every 90 days if the company hasn’t already pulled their filled position. For more information, please contact Kelley Wong in the TMCC Career Center at 775-674-7645.
CHAMPAGNE FAMILY DENTISTRY
Champagne Family Dentistry launches a sub-brand and second location for Champagne Pediatric Dentistry, summer 2016, sharing an office with Welmerink Orthodontics on the corner of Mae Anne Avenue and Ambassador Drive. For more information, visit www.champagnepediatricdentistry.com.
Saint Mary’s Regional Medical Center has received the American Heart Association/American Stroke Association’s Get With The Guidelines®-Stroke Silver Quality Achievement Award with Target: Stroke Honor Roll. The award recognizes the Medical Center’s commitment and success ensuring that stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines based on the latest scientific evidence.
To receive the Silver Quality Achievement award, hospitals must achieve 85 percent or higher adherence to all Get With The Guidelines-Stroke achievement indicators for at least 12 consecutive months.
To qualify for the Target: Stroke Honor Roll, hospitals must meet quality measures developed to reduce the time between the patient’s arrival at the hospital and treatment with the clot-buster tissue plasminogen activator, or tPA, the only drug approved by the U.S. Food and Drug Administration to treat ischemic stroke. If given intravenously in the first three hours after the start of stroke symptoms, tPA has been shown to significantly reduce the effects of stroke and lessen the chance of permanent disability.
REMSA was honored Monday, June 20 during a reception and award presentation at its headquarters in Reno. The American Heart Association awarded the emergency medical services company the Mission: Lifeline EMS Silver Award for implementing quality improvement measures for the treatment of patients who experience heart attacks. The requirements to achieve the Silver Award were 75 percent compliance in the following core measures.
REMSA’s compliance exceeded that standard in both core measures: 94.7 percent of patients with non-traumatic chest pain, 35 years of age or older, received a pre-hospital 12-Lead ECG and 92.2 percent of STEMI patients treated and transported to a STEMI receiving facility had a total time from first medical contact to device of less than or equal to 90 minutes.
The Governor’s Conference on Business 2016 will include a business pitch competition as part of the conference. A two minute pitch in front of a panel of judges will net two entrepreneurs cash and prizes totaling $22,500.
To apply, a business must submit a $50 application fee and a completed application packet to the Department of Business and Industry by 5 p.m. on August 19. Additional information can be found at http://business.nv.gov/GCB/Home or by calling Karen Schnog at 702-486-3755.
ElectraTherm, a leader in distributed, waste heat to power generation, commissioned two Power+ Generators in the United Kingdom. Both sites are located on farms in Bolton and Welshpool.
In addition, ElectraTherm sold Power+ Generators to two new customers in the UK, both farms focused on utilizing biomass power generation. ElectraTherm’s distributor, Scott Heating Co., will be showcasing the Power+ Generator at the Royal Highlands Show, June 23-26 in Edinburgh.
Ulta Beauty opened its doors at their new location Friday, June 24. The new location is at Firecreek Crossing. They also have plans to open a location in Elko this year.
CWALLA BUILDING MATERIALS CO.
CWallA Building Materials Co., a Spokane-based distributor of construction materials, has opened its newest location at 1260 Glendale Avenue in Sparks.
It is CWallA’s 20th location, offering steel studs, drywall, acoustical ceilings, accessories and tools. For more information, call 775-440-6380.
APEX EDUCATION, LLC
Apex Education, LLC, a digital marketing engagement agency in Reno owned by Tanner Wideriksen, has a mutual partnership with Vivian Favors U.S. navy Petty Officer, to launch a military crowdfunding site, HelpFundAVet.com.
In May, 10,650 initial claims for unemployment insurance were filed in Nevada, which is a 1.8 percent decrease from April and a 2.9 percent decline from May 2015. The 12-month average, which captures the overall trend in claims, declined to 12,091, the lowest it’s been since mid-2007.
Looking forward to the next couple of months, expected seasonal increases are likely to push up the level of initial claims, said Bill Anderson, chief economist for Nevada’s Department of Employment, Training and Rehabilitation.
Reno-based startup Onstream received global recognition by being named a silver winner in Connect What Matters, an IoT contest hosted by Dell an Intel to recognize data-driven ideas and technology.
Onstream provides building intelligence solutions to commercial, office and industrial spaces, and was awarded by Dell and Intel for its huge success in making nonresidential buildings as safe and secure as possible.
Miles Construction was awarded the Best Public Use Development Award at the Summit Awards for the Carson City Multi-Purpose Athletic Center.
Miles received three awards from American Buildings Company, a Nucor Company. In 2015 Miles Construction earned top 10 West Division for outstanding sales and achievement; top 25 nationally for outstanding sales and achievement; and, top volume West Division. This is the first time Miles Construction has achieved all three in the same year.
Dataram Corporation, a leading independent manufacturer of memory products and provider of performance solutions has completed its acquisition of certain mining claims related to a gold development project known as the “Keystone Project.”
Care Flight, a program of REMSA, is expanding its emergency medical helicopter service into Plumas County with the opening of its Beckwourth, Calif., base at the Nervino Airport.
REAL ESTATE TRANSACTIONS
A 32,630-square-foot office building at 9480 Double Diamond Parkway in South Meadows that sold for $4,575,000 to a local buyer.
A multi-tenant building located at 9855 Double R. This 12,661-square-foot building sold for $2,090,000 and was also located in the South Meadows Submarket.
Another sale in South Meadows was the 3,544-square-foot office condo at 9444 Double R Blvd that sold to an investor for $716,683. DCG represented the buyer in this transaction.
A medical office building at 3701 Baker Lane in Central Reno. The 7,000-square-foot building was occupied by two dental practices and sold for $975,000.
A 66,599-square-foot building at 795 Trademark. The building was situated on 4.782 acres of land and also sold with an additional 2.762 acres of land to Prothera Inc for $9,150,000.
A 56,200-square-foot building at 350 Parr Circle that sold for $2,650,000 and a 84,523 square foot building at 980 Packer that sold to Brennan Investment Group for $6,930,000.
The flex building at 8565 Double R sold for $1,230,000 and the 10,732-square-foot building at 901 Meredith in Sparks sold for $1,250,000.
An eight-property portfolio at Legends in Sparks sold to an investment group out of Southern California for $29,800,000. It included seven buildings totaling 97,000 square feet, and a 1.460 acre land parcel. Building tenants included Best Buy, TJ Maxx, Chipotle, Buffalo Wild Wings, and Jimmy Johns.
Two SNTL buildings sold. One that was leased to Concentra sold for $2,100,000 and was located at 6410 S. Virginia. And the second was a Dollar General Store at 10695 Stead Blvd that sold for $2,225,000.
The Campus Commons shopping center on Wedge Parkway and Mount Rose Highway sold for $5,500,000.
A commercial land sale of 117.760 acres of Industrial land just past Lockwood sold for $7,980,000 and is slated for the new Fedex distribution center.
A small parcel was purchased by Patagonia Inc for $6.89 per square-foot. The 1.75 acre parcel was located adjacent to their facility on Sugarpine Court in West Reno.
A 26 acre parcel in Caughlin Ranch sold for $3,000,000. The site is being developed by HomeCrafters and will feature 43 modern, semi-custom homes on lots approximately one-third of an acre and above.
Rolling Wheel mobile home park at 2945 Kietzke Lane, sold for $3,600,000 and a reported 8.3% cap rate. The park has 66 units.
A 12-unit building at 275 C Street in Sparks sold for $620,000 and a six unit building at 1001 N. Sierra sold for $575,000.
MAY ROOM TAX AND OCCUPANCY
Taxable room revenues for the month total $25,019,110, are above prior year by $827,189 (3.4%). Cash occupied room nights of 307,979 are below prior year by 5,368 (-1.7%). Comp occupied room nights of 85,238 are below prior year by 6,072 (-6.6%), and 28-day occupied room nights of 102,697are above prior year by 206 (0.2%). Total occupied rooms for the month (Cash,Comp, 28-day) of 495,914 are 11,234 (-2.2%) below the prior year.
Overall, Washoe County occupancy percentages of 69.0% for the month are 1.4% below the 70.0% level of the prior year. There were 5,608 (-0.8%) less available rooms for the month compared to the prior year.
Overall cash average rates for the month of $81.24 increased $4.04 (5.2%), compared to $77.20 for the prior year.
Year-to-date cash occupied room nights of 3,344,257 are 106,249 (3.3%) above prior year. Cash average rates year-to-date of $81.33 are $2.45 (3.1%) above the prior year. Year-to-date, total taxable room revenues of $271,997,599 are $16,569,234 (6.5%) above prior year.
Week of June 17June 20, 2016 —
AIRPORT, SCHOLARSHIPS, EMPLOYMENT AND MORE
Reno-Tahoe International Airport will now have non-stop service to Los Angeles on Allegiant Air. The Los Angeles flight will operate two times a week, on Thursdays and Sundays, with the following schedule: Flight #307 will depart Reno at 9:29 a.m. and arrive in Los Angeles at 10:53 a.m. Allegiant flight #306 will depart Los Angeles, at 7:30 a.m. and arrive in Reno at 8:49 a.m.
Cintas Corporation’s Reno location will receive the Voluntary Protection Program (VPP) Star certification from the Nevada Occupational Safety and Health Administration on June 24. VPP Star is their highest recognition for the practice of and commitment to exemplary occupational safety and health.
JUNE RURAL HOUSING MONTH
In a proclamation by Governor Brian Sandoval, June is Nevada Rural Housing Month in the state, and the Nevada Rural Housing Authority celebrated a record-breaking number of mortgages through its Home At Last program, a groundbreaking event at Richards Crossing, a 39-unit apartment complex and life skills assistance program for veterans and homeless of Carson City, and other groundbreaking and grand opening events throughout rural Nevada.
BOYS & GIRLS CLUBS
The Boys & Girls Clubs of Western Nevada will celebrate the grand opening of its William N. Pennington Teen Center Thursday, June 23, at 9 a.m. The 6,500- square-foot center replaces the Club’s current 1,200-square-foot office space.
WGU Nevada is accepting applications for a new online bachelor’s degree program aimed at preparing IT professionals for roles in the growing field of data management and analytics. The Bachelor of Science in Data Management/Data Analytics is designed for experienced IT professionals seeking a bachelor’s degree and industry certifications to advance their careers. The B.S. in Data Management/Data Analytics program is online and competency-based.
SCHOOL OF MEDICINE
The Health Sciences Committee of the Nevada System of Higher Education Board of Regents accepted the School of Medicine’s request to formally change its name to the University of Nevada, Reno School of Medicine, effective July 1.
PHYSICIAN ASSISTANT STUDIES
The Nevada System of Higher Education’s Board of Regents on June 10 approved the School of Medicine’s request for a new Master of Physician Assistant Studies degree.
The Board’s decision allows the School of Medicine’s PA program to move on to the Northwest Commission on Colleges and Universities, the University’s regional accreditation agency, for final degree approval.
The PA program application deadline is Sept. 1, 2016.
The School of Medicine’s PA program, created in partnership with Renown Health.
The International Ski Federation and the U.S. Ski and Snowboard Association announced that Squaw Valley will host an Audi FIS World Cup in March 2017, consisting of a women’s giant slalom on Friday, March 10 and a women’s slalom on Saturday, March 11. The event will mark the return of World Cup ski racing to California for the first time in 19 years.
The Boys & Girls Club of Truckee Meadows will receive a $250,000 grant from Renown Health to apply towards capital improvements to their Bresson Avenue Youth Facility located at 1090 Bresson Avenue in Reno.
Reno-Tahoe International Airport will host major airline and aircraft manufacturing executives from around the world at the prestigious Boyd Group International Aviation Forecast Summit Sept. 18-20 in Squaw Valley.
Hard Rock Hotel and Casino Lake Tahoe is hosting a hiring event for all positions on June 22 from 11 a.m. – 3 p.m. at the revolution ballroom at Hard Rock. They will have onsite interviews and hires.
May’s statewide unemployment rate rose slightly to a seasonally-adjusted 6.1 percent, however the rate decreased relative to May last year by 0.8 of a percentage point, the 63rd consecutive month the unemployment rate in the Silver State decreased on a year-over-year basis.
Itronics Inc., a creative green technology company headquartered in Reno, has installed and started up two grinders that are being used to reduce the size of shredded pc circuit boards (e-waste) so that they can be used as feed for its’ silver refining operation.
This installation was completed as part of the e-waste recycling study being conducted by the company.
BootRoxx, a boot cover company founded in Reno, has added a ‘Nevada Proud’ design to its collection of over 50 BootRoxx styles.
The new design comes in black or navy blue and features the State of Nevada and the words ‘Nevada Proud’ in blue and silver rhinestones. The Nevada Proud boot cover will be available for purchase at the Reno Rodeo BootRoxx booth from June 16-25.
RENO DIAGNOSTIC CENTERS
RDC hosted Free Mammo Mondays during the month of May with great success. RDC was able to provide 93 women with free screening mammograms through the event.
Bravada Gold Corp. has received assays for recent drilling at the Company’s Baxter Low-sulfidation gold property in the Walker Lane Gold trend in western Nevada. Kinross Gold U.S.A., Inc., a wholly owned subsidiary of Kinross Gold Corp. completed 16 reverse-circulation drill holes for a total of 4,439 meters at the Baxter property.
Lifeline Biotechnologies, a corporation, based in Reno, has entered into an option agreement with its affiliate, Cyrcadia, Inc. which grants certain rights to potentially acquire Lifeline’s patents.
Reno City Council approved a Memorandum of Understanding between the City of Reno and Humboldt General Hospital EMS that adds two more MRUs to RFD’s fleet. Council also accepted the donation of a Ford F350 medical response vehicle from the Mason Valley Fire Protection District.
WGU is offering a scholarship program for new students enrolling in any of its undergraduate degree programs in its College of Business. Applications are now being accepted for the Excellence in Business Scholarship, which provides up to $3,000 ($600 per six-month term, up to five terms). In addition, the $65 university application fee will be waived for those applying for the scholarship at www.wgu.edu/excellenceinbusiness by Aug. 31.
PRIVATE SECTOR JOB GROWTH
Through 2015, data shows Nevada has the third fastest growing private sector employment in the nation, with a 3.8 percent growth rate. Utah and Florida had slightly higher growth rates, at 4.3 percent and 4.1 percent, respectively.
Independent drone delivery service Flirtey, based in Reno, and Dr. Timothy Amukele, assistant professor of pathology at Johns Hopkins University School of Medicine, will conduct the first ship-to-shore drone delivery in the U.S. on June 23 on the New Jersey coastline.
The purpose of the joint mission is to demonstrate how unmanned aircraft can provide life-saving aid to victims of a disaster, such as a hurricane or system-wide failure of electrical or communications infrastructure.
ROAD PROJECT BIDS
Sierra Nevada Construction, Inc., is accepting subquotes from subcontractors and suppliers for pedestrian safety, lightining, and ADA improvement projects at Sun Valley Boulevard. The bid date for the project is Thursday, June, 23 at 2 p.m.
For details, contact Mike Rooley at firstname.lastname@example.org or call SNC at 775-355-0420.
A&K Earth Movers, Inc. is also is accepting subquotes from subcontractors and suppliers for the road project on State Route 443 from Sun Valley Boulevard, 6th Street, Gepford Parkway and Skaggs Circle. For details, email email@example.com or call 775-423-6085.
REAL ESTATE TRANSACTIONS
Here are this week’s real estate transactions submitted to NNBW:
An undisclosed tenant renewed its lease of 2,104 square feet of office space at 5422 Longley Lane in Reno. The landlord is EVMAR Investors, LLC. Mike Van Blaricom and Kevin Annis of ArchCrest Commercial Partners represented the landlord in the transaction.
Employers Business Solutions, LLC leased 1,200 square feet of office space at 1575 Delucchi Lane in Reno. Mike Van Blaricom and Kevin Annis of ArchCrest Commercial Partners represented the tenant in the transaction.
An undisclosed tenant leased 3,812 square feet of office space at 10587 Double R Boulevard in Reno. The landlord is Doolittle Investors, LLC. Mike Van Blaricom and Kevin Annis of ArchCrest Commercial Partners represented the landlord in the transaction.
An undisclosed tenant renewed its lease of 12,000 square feet of industrial space at 1950 Zinc Street in Reno. The landlord is Casazza SLV, LLC. Mike Van Blaricom and Kevin Annis of ArchCrest Commercial Partners represented the landlord in the transaction.
Hilltop Refrigeration, Inc., leased 2,743 square feet of industrial space at 1215 Kleppe Lane in Sparks. Chris Shanks of Dickson Commercial Group represented the tenant in the transaction.
AU Salon leased 650 square feet of retail space at 120 Thoma Street in Reno. Kimberly Clark of Coldwell Banker Commercial Business Properties represented the landlord, Goff Living Trust.
Cooper Metal & Wood leased 909 square feet of industrial space at 380 Freeport Boulevard in Sparks. Kimberly Clark of Coldwell Banker Commercial Business Properties represented the landlord, 380/390 Freeport LLC.
Sectran Security leased 1,818 square feet of industrial space at 380 Freeport Boulevard in Sparks. Kimberly Clark of Coldwell Banker Commercial Business Properties represented the landlord, 380/390 Freeport LLC.
An undisclosed buyer purchased 6,667 square feet of medical office space at 6410 S. Virginia Street in Reno. Ken Mattison of Coldwell Banker Commercial Business Properties represented the seller, The Diefenderfer Trust.
Week of June 10June 13, 2016 —
JOB BOARD, TMCC, REMSA AND MORE
University of Nevada, Reno student and community leaders gathered to celebrate and promote women in entrepreneurship at the launch of the Ozmen Center for Entrepreneurship Women’s Initiative, May 26 at the University of Nevada, Reno’s Innevation Center Powered by Switch. The launch included a mayoral proclamation from Reno Mayor Hillary Schieve, a screening of the first video in a series designed to promote female achievements in local entrepreneurial activity, and a brainstorming exercise to address women’s issues in entrepreneurship.
The Women’s Initiative is aimed toward connecting innovative female entrepreneurs with leaders and established professionals and business owners in the community. It will also highlight female business achievements in and around the community.
E. L. CORD FOUNDATION CHILD CARE CENTER
The Children’s Environmental Health Network (CEHN) awarded in May the Eco-Healthy Child Care® certification to E.L. Cord Foundation Child Care Center at Truckee Meadows Community College. TMCC’s Center is the only Eco-Healthy Child Care-certified facility currently listed in northern Nevada, and just one of two in the state. The CCLC Venetian Child Development Center, in Las Vegas is the other CEHN-endorsed facility.
The Eco-Healthy Child Care® Program endorses child care providers who successfully complete 24 or more of the 30 criteria required on its checklist.
NCET JOB BOARD
NCET has launched a new job board designed to connect Nevada professionals with companies seeking assistance.
The NCET job board can be utilized for any Nevada job - part-time or full-time, and from any sector.
The job board will be promoted through NCET’s social media network, via email and through NCET’s bi-weekly newsletter. The newsletter alone has an audience of 10,000 Nevada business and community leaders - 7,000 in the north, 3,000 in the south.
To submit a job listing or review job postings on the new NCET job board, visit www.NCETjobs.org.
CERTIFICATION FOR MEAT SLAUGHTER AND PROCESSING
University of Nevada Cooperative Extension’s Herds and Harvest Program is offering certification classes this June and July for those who want to learn about meat harvesting and processing. Basics 1 and Basics 2 are hands-on classes, taught in partnership with the University’s College of Agriculture, Biotechnology and Natural Resources, that teach skills in food safety and the slaughter and processing of livestock, and that provide insight into the processing and retail sales of meat in Nevada.
The first Basics 1 session is on July 7 and covers the basics of meat harvest (slaughter). The second Basics 1 session is on July 19 and covers processing (cutting). Participants will learn how to keep meat safe and sanitary for consumers, while maximizing the meat’s use and profit. Register for Basics 1 Slaughter at http://slaughter-july07-2016.eventbrite.com/, and for Basics 1 Processing at https://processing-july19-2016.eventbrite.com/.
Basics 2 will cover how packers make their money. Topics include the USDA Grade & Yield System; livestock evaluation; grade and yield; a live evaluation of cattle and ultrasound evaluation of cattle; business planning; enterprise budgets for Farm-to-Fork operation; marketing; and what restaurant owners, wholesalers and retail sellers are looking for in their meat. Register for Basics 2 online at https://basics2-june30andjuly1-2016.eventbrite.com/.
TEDxUniversityofNevada organizers have announced their fifth annual event will be Saturday, Jan. 21, 2017. The call for speakers is open from now until June 24.
Local speakers interested in participating in the event are encouraged to submit proposals to share their “big idea worth spreading.”
The call for speakers can be found at www.tedxuniversityofnevada.org and is open from now until June 24. Those interested in applying are encouraged to do so early. The event’s programming committee is hoping to have the majority of the speaker line-up selected and announced by Sept. 1.
NV Energy filed its required General Rate Case with the Public Utilities Commission of Nevada (PUCN) for its northern utility, Sierra Pacific Power Company. The filing requests no change to the company’s core electric operations revenue requirement, which are costs associated with management of the utility and delivering electricity to customers. If the filing is approved, customers will continue to experience the lowest overall electric rates in nearly a decade. The filing also seeks a decrease in the costs needed to fund delivery of natural gas to Sierra Pacific Power Company’s customers.
NV Energy’s two utilities, Sierra Pacific Power Company and Nevada Power Company, are required by law to make General Rate Case filings every three years. Sierra Pacific Power Company’s filing in 2013 resulted in a $39 million dollar decrease in annual core operations revenue which provided significant bill savings for customers over a three-year period. The company is requesting through today’s filing to provide price stability through 2020.
While the company seeks no increase in its core operations revenue requirement, legal mandates require NV Energy to adjust rates for most customer classes. If approved as filed, this reallocation of costs for the average northern Nevada single-family residential electric monthly bill, based on a monthly use of 739 kWh, will result in an increase of $1.46, or 1.87 percent, from $78.10 to $79.56. Multi-family residential customers and small business customers would experience a decrease. Even with these changes, the residential customer bill will be around $80, lower than it was in the summer of 2007 at $100.
New members of the Nevada Builders Alliance were:
Reno: Finch Construction Company, Desert Hills Landscape, Michael Rohrer Construction, Sierra Mountain Mortgage, and Howard Financial Group.
Carson City: Outdoor Impressions.
RENO-SPARKS INDIAN COLONY
Fitch upgraded the Reno-Sparks Indian Colony to a ‘BBB’ from a ‘BB+’ giving it investment grade status.
The key rating drivers reflect expansion and diversification of the Colony’s tax base over the past eight years which has contributed to a healthy financial cushion in 2014 with reserves equal to 96 percent of spending.
‘BBB’ ratings indicate that capacity for payment of financial commitments is considered adequate. Investment grade refers to the quality of a company’s credit. In order to be considered an investment grade issue, the company must be rated at ‘BBB’ or higher.
Additional information is available at www.fitchratings.com.
The Reno Bighorns were recently the recipients of the NBA Development League Top 3 Community Appearances Award for their outstanding efforts in the Reno/Sparks community during the 2016 NBA D-League League Meetings. The Bighorns placed in the top three out of 19 NBA Development League Teams. The award recognizes the top NBA D-League teams who reflect the passion the league and its players have for giving back to their communities.
The Regional Emergency Medical Services Authority (REMSA) earned reaccreditation as an Emergency Medical Dispatch Accredited Center of Excellence (ACE) last month from the Board of Accreditation of the International Academies of Emergency Dispatch (IAED).
REMSA retained the distinction as the 54th Emergency Medical Dispatch Accredited Center of Excellence in the world.
The newly renovated William N. Pennington Applied Technology Center (ATC) has increased its capacity to train employees for companies that represent an increasingly technologically-based workforce.
The ATC, one of the campus sites of Truckee Meadows Community College, has undergone a two-year remodel and expansion project that will be completed by Fall 2016. Construction costs alone for the two phases of renovation have totaled $6.8 million. For more information, visit www.tmcc.edu/appliedtech
NEVADA EMPLOYERS AT ALL TIME HIGH
Nevada has set records for six consecutive quarters for the total number of employers, increasing by 1,240 or 1.9 percent in the fourth quarter of 2015. This brings the total to 66,900 as of the first quarter of 2016. Additionally, the state has experienced year-over-year growth in employer totals for 19 consecutive quarters.
Year-over-year, the sum of businesses in the Silver State increased by 5,040 or 8.2 percent. From the recessionary low of 56,000 employers, Nevada has seen the numbers grow by 10,900 or 19.5 percent. Visit www.nevadaworkforce.com for the full report.
Commercial real estate transactions
The Pit Shop LLC leased 4,956 square feet of industrial space at 2205 Glendale Avenue in Sparks. The landlord is Coulter Properties. Randy Walker with Dickson Commercial Group represented the tenant in the transaction.
Ortho Implant Co. leased 3,600 square feet at 770 Smithridge Drive in Reno. The landlord is American Capital Properties LLC. Joel Fountain of Dickson Commercial Group represented the tenant in the transaction.
The Bendetti Company, a Southern California commercial real estate investment company, purchased Southern Way, a three-building portfolio consisting of 631,115 square feet located in Sparks, and Spice Island, a 165,000-square-foot building also in Sparks.
AMERICAN HEART ASSOCIATION/AMERICAN STROKE ASSOCIATION
This year, Renown Health has come on board as the AHA/ASA’s first ever northern Nevada “Life is Why” sponsor, committing to a three-year, year-round partnership in an effort to build healthier lives free from cardiovascular disease and stroke.
Triumphant Marketing pulled out a victory against fellow marketing firms on the West coast during a regional contest spanning across Sacramento, Calif. and companies in the Bay area. Holding true to the company name, Triumphant Marketing proved triumphant over a three-week period, clinching their multi-million dollar clients’ attention as locations across the nation become available for expansion.
As Triumphant Marketing gears up for the third quarter, the hiring team opens the doors as they seek the future leaders of the company. Providing a fully paid training program, Triumphant Marketing associates do not need any previous experience in the field of marketing, sales, business or event promotions to grow within the company. For more information regarding career opportunities offered in Reno, visit http://www.TriumphantMarketing.com.
Week of June 3June 3, 2016 —
Veterans, awards, budget and more
HOMEOWNERS AWARDED FUNDS
In May, the Nevada State Contractors Board awarded nearly $160,000 in Residential Recovery Fund monies to homeowners damaged by licensed contractors. Appearing before the Residential Recovery Fund Subcommittee on May 18, 2016, 12 homeowners sought financial recourse after licensed contractors they hired abandoned their construction projects or performed substandard workmanship. The average claim awarded was approximately $13,300.
Nearly $100,000 of the awarded funds were granted to five homeowners whose projects were abandoned by Reno Sunrooms, Inc., license number 49308. In every case, Reno Sunrooms, Inc. failed to perform any work on the project after receiving anywhere from 40-100 percent of the contract funds up front. The license of Reno Sunrooms, Inc. was revoked on Feb. 2, 2016, by the Board, at which time the damaged homeowners filed claims for the Residential Recovery Fund.
HUMBOLDT GENERAL HOSPITAL
Northern Nevada Medical Center announced that Humboldt General Hospital (HGH) in Winnemucca, has joined Northern Nevada Medical Center’s TeleStroke Network. HGH can now provide a higher level of care to patients experiencing a stroke as part of NNMC’s robotic telemedicine program. The program gives HGH the resources of NNMC’s Primary Stroke Center and allows HGH physicians access to neurologists 24 hours a day, 365 days a year. HGH joins South Lyon Medical Center, Battle Mountain General Hospital and Plumas District, all in partnership with NNMC’s TeleStroke Network.
CITY NATIONAL DONATES TO STEP2
City National has provided STEP2 in Reno with a $2,500 donation for an expansion project. The funds from City National’s donation will help fund the needed $3 million to build a 20 bed residential housing facility.
STEP2 is a comprehensive residential and out-patient treatment program that provides women struggling to overcome substance abuse disorders, poverty and family violence the opportunity to rebuild their lives. STEP2 is the only program in northern Nevada that allows women to maintain custody of their children while participating in treatment.
ATLANTIS RACE & SPORTS BOOK
Atlantis Casino Resort Spa announced its Race & Sports Book to be the first and only non-smoking Race and Sports book in northern Nevada. Being the first casino to have a designated specialty gaming area is not new to Atlantis, as it was the first poker room in Reno to go non-smoking.
Also, reel and video slot players have two non-smoking areas, totaling the highest concentration of non-smoking slot machines in the region. Atlantis also offers 10 permanent non-smoking table games and two non-smoking bars.
NUGGET RIB COOK-OFF RECOGNIZED
USA Today recognized the Sparks event as one of the best barbecue festivals in the nation. The Nugget Rib Cook-Off was one of the top 20 events nominated by BBQ experts in a quest to find USA Today’s “10 Best BBQ Festivals”. To vote, go to http://www.10best.com/awards/travel/best-bbq-festival/. You can cast your ballot once a day until Monday, June 20 at 9 p.m. PT.
The 2016 Best in the West Nugget Rib Cook-Off will be held at the Nugget Casino Resort from August 31 – September 5.
RENOWN RECOGNIZED FOR LACTATION CARE
Renown Regional Medical Center, The Lactation Connection and The Pregnancy Center were recognized for excellence in lactation care with the International Board Certified Lactation Consultant certification (IBCLC) Care Award.
Renown has eight IBCLC certified care members on its team.
The IBCLC Care Award is jointly sponsored by the International Board of Lactation Consultant Examiners (IBLCE) and International Lactation Consultant Association (ILCA).
WETLAB EARNS WBE CERTIFiCATION
Western Environmental Testing Laboratory (WETLAB), a Sparks-based environmental testing laboratory, has been recognized for being a Women’s Business Enterprise (WBE). The certification was awarded in February 2016 by the Women’s Business Enterprise Council – West, a regional certifying partner of the Women’s Business Enterprise National Council (WBENC).
WBENC’s national standard of certification is a meticulous process, including an in-depth review of the business and a site inspection. The certification process is designed to conﬁrm that the business is at least 51 percent owned, operated and controlled by a woman or women.
TRANSPORTATION ALTERNATIVES PROGRAM
Nearly $8.7 million in federal transportation funds for projects that improve non-motorized mobility, historic preservation for transportation-related projects, scenic accessibility, safe routes to school and more are available as the Nevada Department of Transportation accepts applications for Transportation Alternatives Program (TAP) projects through July 8.
Under the program, there are two broad types of eligible activities: transportation infrastructure and non-infrastructure projects. TAP projects may be part of an existing planned project or a “stand alone” project and must be publicly accessible 24 hours a day, seven days a week.
Maximum infrastructure funding will be limited to $750,000 per project. It is estimated that nearly $8.7 million will be available for these projects statewide over the next three years.
For detailed information and applications, visit www.nevadadot.com/tap.
GREATER NEVADA CREDIT UNION SCHOLARSHIPS
This year 88 students applied for scholarships from Greater Nevada Credit Union, and 20 were selected to each receive $2,000 for the 2016-2017 school year. Nearly $300,000 has been awarded to students since Greater Nevada began its academic scholarship program 17 years ago.
The scholarship program, sponsored and administered annually by the credit union, is available to Greater Nevada members and their families. Scholarships are awarded based on each applicant’s financial need, academic performance, community involvement, and educational and career goals. The scholarships can be used for tuition, course registration, special classes or laboratory fees, room and board, textbooks and class materials.
MOUNTAINS & MEADOWS
JoAnn Moore, wedding planner and event coordinator, is making her way to Reno and Lake Tahoe. She is bringing her company, Mountains & Meadows, to the Silver State where she can plan weddings and events throughout The Sierras.
Specializing in high-profile happenings for celebrities and esteemed clients, Moore was recently awarded Wedding Wire’s 2015 Bride’s Choice Award and inducted into TheKnot.com Best of Weddings Hall of Fame. The Wedding Wire Bride’s Choice Awards recognizes the top five percent of local wedding professionals from their network that demonstrate excellence in quality, service, responsiveness and professionalism.
CITY OF RENO FY 16/17 BUDGET
The Reno City Council and Redevelopment Agency Board approved to adopt a $532.2 million City of Reno budget for Fiscal Year 2016/2017 (FY 16/17), which includes tax levies and the adoption of the Fee Schedule. The FY 16/17 General Fund budget, or expenditures, is $178.8 million, an increase of more than $10 million compared to the FY 15/16 adopted figure of $168.4 million.
The formal budget adoption comes after two Budget Workshops held earlier this month. For “Budget Highlights” visit http://www.reno.gov/home/showdocument?id=59846.
IGT FIRST QUARTER
IGT reported first quarter results. Adjusted EBITDA of $460 million; pro forma operating income up across all segments. Strong global lottery growth, especially in North America and Italy; resilient global gaming revenues. Adjusted EPS of $0.57; reported EPS of ($0.46) reflects non-cash foreign exchange impact. Cash dividend declared of $0.20 per ordinary share. Investor Day to be held on June 21-22, 2016. For the full report visit http://ir.igt.com/phoenix.zhtml?c=119000&p=irol-newsArticle &ID=2172650
The U.S. Small Business Administration has recently launched the Boots to Business REBOOT program throughout the country. REBOOTS is designed for Veterans of all eras, and Service members, that include National Guard and Reserves, and their spouses. The Nevada Small Business Development Center is providing this program throughout the state of Nevada in 2016. The program is entirely free.
Boots to Business REBOOT is a 2-step program: Step One is a full-day training event that provides participants an overview of business ownership as a career vocation, an outline and knowledge of the components of a business plan, a practical exercise in opportunity recognition, and an introduction to available public and private resources. Step Two provides the opportunity to enroll into a free, eight-week online Foundations of Entrepreneurship course instructed by a consortium of professors and practitioners led by the Institute for Veterans and Military Families at Syracuse University.
To register and find out more information and full details of the REBOOTS program in all Nevada locations please visit the Nevada SBDC’s training calendar at http://nsbdc.org/education-training/business-training-calen dar/ .
DESIGN ON EDGE
The service areas in which Design on Edge will further assist the organization are the development of integrated media campaign conceptualization and execution, graphic design, digital illustration, art direction, digital design and website development. The firm will also further develop the website, provide enhanced email marketing services, social media maintenance, marketing assistance and membership. The role of Design on Edge is to share the key messages of the Regional Alliance for Downtown and it’s members and help to expand the brand recognition of the organization as a whole to build grass-roots support, including the local business sector, and educate the community about the organization and the revitalization of the downtown corridor.
Reno Sub-Systems, a developer of high-performance radio frequency (RF) matching networks, RF power generators and gas flow management systems for semiconductor manufacturing, has closed its Series B funding round of $14 million led by MKS Instruments.
Plasma processing is a critical technology in the fabrication of advanced microelectronic circuits. To create the next generation of advanced devices (sub-14nm), highly repeatable, precisely controlled, short-time cycle plasma etching and deposition are essential. Plasma processing environments are characterized by precise gas flows, rapid RF matching and vacuum control.
Reno Sub-Systems’ enabling technologies open the plasma processing door to deep submicron feature sizes and the very short process times necessary for both planar and 3D device architectures. In addition to new process regimes, Reno Sub-Systems’ technologies facilitate “always on” plasma management, fast gas transitions and extremely low-flow management, reducing on-wafer particles, improving film properties and reducing cost per transistor, according to Moore’s law.
Real estate transactionsJune 3, 2016 —
Below are recently completed commercial real estate transactions:
Dr. Ryan Zeller
Dr. Ryan Zeller purchased a 3,238-square-foot office building at 518 Pyramid Way from American Property Exchange. Dr. Zeller was represented by Tom Fennell and Lindy Deller of QDickson Commercial Group.
Home Advantage, LLC
Home Advantage, LLC, a marketing technologies and strategy company, leased 2,275 square feet of office space at 225 S. Arlington Avenue. House Advantage was represented by Dominic Brunetti and Scott Shanks of Dickson Commercial Group.
Rini Insurance Agency
Rini Insurance Agency leased 900 square feet of retail space at 2838 Vista Boulevard. The landlord is D’Andrea Marketplace SC, LP. Rini was represented by Joel Fountain of Dickson Commercial Group in the transaction.
PSG Resources LLC
PSG Resources LLC purchased 3,890 square feet of office space at 9444 Double R Boulevard. Double R Professional Building, LLC is the landlord. Don Welsh of Dickson Commercial Group represented PSG in the transaction.
This week's briefsMay 26, 2016 —
Expansion, housing, grand opening and more
The following northern Nevada contractors were cited by the Nevada State Contractors Board:
Eric Louis Holman, DBA: Building Innovation, a carpentry and repair contractor based in Reno, had his license revoked for contracting on an inactive license, contracting beyond the scope of the license, failure to provide a homeowner information regarding the board’s Residential Recovery Fund, failure to include the license number or monetary limit on a bid or contract, and failure to establish financial responsibility. Licensee also was fined $2,700, ordered to pay restitution, and assessed investigative costs.
Armor Building Corp., a carpentry contractor based in Carson City, was found in violation for failure to obtain a building permit and contracting beyond the scope of the license. Licensee was fined $500, ordered to pay restitution, and assessed investigative costs. If fines and costs are paid within 120 days, the license will be voluntarily surrendered. If the deadline is not met, the license will be revoked.
Northshore Construction and Roofing, Inc., a roofing) and residential and small commercial contractor based in Incline Village, was found in violation for diversion of funds, failure to pay for materials or services, failure to establish financial responsibility, failure to keep in force a bond or cash deposit, failure to include the license number or monetary limit on a bid or contract, failure to provide a homeowner information regarding the Board’s Residential Recovery Fund, constructing or repairing a mobile home without proper licensure, and failure to respond to a written request by the board. Northshore’s licenses were revoked. Licensee was fined $3,450 and assessed investigative costs.
Northern Nevada Medical Center was awarded recertification by The Joint Commission in Spine Surgery and Orthopedics: Hip Replacement.
NNMC is the only local hospital to have earned The Joint Commission’s Gold Seal of Approval in both spine surgery and in hip replacement.
Certification requirements address three core areas including: Compliance with consensus-based national standards; effective use of evidence-based clinical practice guidelines to manage and optimize care; and an organized approach to performance measurement and improvement activities.
New tenant at 777 Center
Eyelash Connection & Mystique Boutique, a personal care service provider, has signed a lease to move into the 777 Center Building in Reno’s Midtown district.
Tenant improvements will begin in June and Eyelash owners plan to be open for the upcoming Midtown Art Walk in late July.
SVN Gold Dust Commercial Associates, the commercial real estate brokerage that handling negotiations with potential tenants interested in 777 Center, indicated only four retail and/or office units remain open, with one of those currently in lease negotiations.
Innotrac renews, expands
Innotrac Corporation, an omnichannel commerce technologies and operations company, renewed their lease of 224,778 square feet of industrial space at 4910 Longley Lane in Reno, and expanded an additional 52,500 square foot at the same location. The space is owned and managed by Bond Commercial Properties.
Michael Hoeck, Dave Simonsen, Michael Nevis, Steve Kucera of Kidder Mathews commercial real estate represented Innotrac in the transaction.
Dickson housing report
Dickson Realty released it March 2016 housing report. Among the findings were:
There were 1,543 available listings at the end of March 2016, which is an all-time record-low. Our market has hovered just above the 1,500 active listing mark since December 2015, which set the previous record number of 1,547. As buyers outpace sellers, the need for new construction will become increasingly necessary.
The six-month trend of sold properties has fluctuated more than the total number of available listings. There were 559 sold properties for March; an astounding 52.7 percent increase from February. The increase in sold properties is one of the largest monthly increases in recent memory.
March recorded an average of 93 days on market, which was a 19 percent decrease compared to February. While the average for days on market routinely fluctuates throughout the year, the market has stayed around the 100 day mark since about mid-2013.
Shuttleworth moves into Reno Aircenter
Shuttleworth, a company that designs and manufactures exhaust systems, has leased a 24,900 square foot industrial building at Reno Aircenter, located at 4945 Aircenter Circle. The landlord of the building is Global Logistic Properties. Michael Hoeck, Dave Simonsen, Michael Nevis, and Steve Kucera of Kidder Mathews represented the tenant and landlord in this transaction.
Yoga Pod at The Summit
Yoga Pod, a health and wellness studio, will open early this Fall at The Summit shopping mall,
John Reynolds and Joanna O’Neal are the franchise owners of the Reno location, which will be located between Starbucks and DeVons Jewelers.
Yoga Pod will offer its 200-hour, Yoga Alliance certified Seva Teacher Training program for aspiring yoga instructors in the Reno area, through Yoga Pod University.
Early signups for memberships will receive a discounted rate at $99 a month. This membership includes unlimited classes each month, discounted retail and priority check-in.
Miles celebrates 30 years
Miles Construction, a diversified general contractor, design build, design assist and construction management firm based outside of Carson City, is celebrating 30 years in business.
The company was founded in 1986 by two brothers to now employing more than 29 employees.
Miles has completed projects such as Bently World Headquarters in 1999 at 285,000-square-feet, the pre-engineered steel building.
It also completed award-winning projects including Schluter Systems Nevada a 95,000-square-foot training and distribution center, a 200,000 square-foot distribution center for Battery Systems at the Tahoe Reno Industrial Center and the extensive structural upgrade and renovation of the historic Farmer’s Bank building in Minden. Remaining true to the company’s roots, Miles completed the Carson City Multi-Athletic Center.
Nevada’s unemployment rates in April varied on a month-over-month basis, but decreased year over-year with the statewide unemployment rate remained at 5.8 percent in April.
The rate in the Reno/Sparks area decreased 1.2 percentage points, to 5.4 percent, and is down 0.1 percentage point over-the-month. The Carson City MSA rate is down 0.1 percentage point relative to last month, and declined 0.8 percentage point over-the-year, with an unemployment rate of 6.7 percent.
In April, 10,842 initial claims for unemployment insurance were filed in Nevada, a slight decline from March, and the fewest seen in a month since 2006.
IGT releases 2015 report
International Game Technology PLC will release of its Notice of 2016 Annual General Meeting and Annual Reports and Accounts for the period from January 1, 2015 to December 31, 2015 on June 20, at 12:00 noon British Summer Time.
The Notice of the 2016 AGM, Annual Reports and Accounts, and instructions to participate at the AGM are available at www.igt.com, along with IGT’s Annual Report on Form 20-F. These materials can be viewed directly online and are also available for download in PDF format.
Avison Young transactions
Meadows Partners purchased 1.76 acres of land at 2757 Beck Street, parcel B1, in Reno. John Pinjuv and Bram Buckley of Avison Young | Western Alliance Commercial represented Meadows in the transaction.
Garrett Group, LLC purchased a 4,451-square-foot medical office building at 900 Ryland Street in Reno. Pinjuv represented Garrett Group in the transaction.
An undisclosed buyer purchased an 11,641-square-foot retail investment property at 1090 Kietzke Lane in Reno. Tad Loren of Avison Young represented the seller, Sterling Living Trust.
Papa G’s leased 3,542 square feet at 1560 S. Stanford Way in Sparks. Tad Loren of Avison Young represented the landlord, Acterra LLC in the transaction.
Eden Home Health leased 6,600 square feet of office space at 907 Mountain Street in Carson City. John Pinjuv, Reed Simmons and Bram Buckley of Avison Young represented the landlord, Leviculus in the transaction.
Greater Nevada Mortgage Services leased 7,900 square feet of office space at 10385 Double R Boulevard. Reed Simmons and Bram Buckley of Avison Young represented the landlord, Lakeside CM, LLC in the transaction.
The State of Nevada-Aging & Disability Services leased 12,622 square feet at 9670 Gateway Drive in Reno. Reed Simmons and Bram Buckley of Avison Young represented the landlord, FNT Corp., in the transaction.
Plante DJ, Inc., leased 1,896 square feet of flex space at 1360 Greg Street in Sparks. Matt Harris, Ron Sheehan and Tim Gunsten of Avison Young represented Planet DJ in the transaction.
Military job site
Work For Warriors-Nevada, launched a new Web site, www.workforwarriorsNV.org.
The Web site provides pages that explain services to job candidates and employers, allows candidates to register for the program and National job board, and also provides a page called Hot Jobs, that matches candidates and employees.
House Advantage, a Nevada LLC leased 2,275 square feet at 225 S. Arlington Avenue in Reno. Zichichi Family Trust is the landlord. Dominic Brunetti and Scott Shanks of Dickson Commercial Group, represented the tenant in the transaction.
The Reno office of Coldwell Banker Commercial Business Properties completed the following transactions:
An undisclosed buyer purchased 11 acres of land on Moya Boulevard in Reno. The seller, Lear Family Trust, was represented by Kyle Eigenman of Coldwell Banker.
Brandt leased 909 square feet of industrial space at 380 Freeport Boulevard in Sparks. The landlord, 380/390 Freeport LLC, was represented by Kimberly Clark of Coldwell Banker.
Pup and Friends LLC leased 1,233 square feet of retail space at 314 Broadway Boulevard in Reno. Pup and Friends was represented in the transaction by Tim Dayner of Coldwell Banker.
Seyferth leased 2,50 square feet of industrial space at 340 Freeport Boulevard in Sparks. The landlord, The Ribeiro Company, was represented by Kyle Eigenman of Coldwell Banker.
The Mizpah Club
The Mizpah Club, an entertainment center featuring live music, a full bar and cafe, conference facilities, and a video arcade locate in the central Nevada town of Tonopah, will had a grand opening the week of June 24-25.
Kimmie Candy honoredMay 19, 2016 —
Kimmie Candy Company, a candy maker with a factory in Reno, was presented with the “E” Award for the company’s significant contribution to increasing America’s overall exports into more than 200 global markets.
Kimmie Candy was one of 123 companies presented with the presidential level export award during a May 16 ceremony in Washington, D.C.
BLM seeks inputMay 19, 2016 —
The Bureau of Land Management (BLM) Ely District is asking the public to provide input on potential issues associated with oil and gas leasing on 41 parcels of public land, totaling 82,121 acres, in White Pine County, Nevada. Leased parcels may later include exploration and development. The BLM is analyzing the parcels to identify potential impacts in an environmental assessment (EA), in accordance with the Oil & Gas Leasing Reform mandated in 2010. The deadline to provide input is Friday, June 3.
Abbi inspiring creativityMay 19, 2016 —
The Abbi Agency, a public relations, creative and digital agency in Reno, has launched a new initiative to inspire the innovation and creativity of its staff.
“The Abbi Percolator” will provide $5,000 grants for staff members to pursue creative projects that are outside the scope of their regular workday responsibilities.
Twice a year, participating employees will pitch their ideas to Abbi Whitaker, the founder and president of the firm, and her husband, Ty Whitaker, the chief executive officer of the firm. Ideas are expected to range from development of new business units to creation of community outreach projects.
All employees of The Abbi Agency who aren’t directly involved in pitching an idea will be eligible to vote for the winner of each $5,000 grant. The first round of The Abbi Percolator is scheduled to begin in July.
Terrain leases space downtownMay 19, 2016 —
Terrain Pharmaceuticals, a drug manufacturer, has leased 1,416 square feet of office space at 50 W. Liberty Street in Reno.
Seacoast offers dividendMay 19, 2016 —
Seacost Commerce Banc Holdings, parent company of Seacoast Commerce Bank headquartered in San Diego with a producton office in Reno, has declared a quarterly cash dividend of $0.05 per common share. It is payable to June 10 to shareholders of record on the end of business day June 2.
Lake Shore completes redemption of debenturesMay 19, 2016 —
Tahoe Resources Inc.’s subsidiary Lake Shore Gold Corp. has completed the redemption of its 6.25% senior unsecured convertible debentures due September 30, 2017. Lake Shore Gold elected to satisfy the redemption price for each debenture by issuing Tahoe common shares. All outstanding Debentures have either been redeemed by Lake Shore Gold or voluntarily converted into Tahoe Shares by holders of the debentures.
Business grows in CarsonMay 19, 2016 —
Nevada Business Connections announced Wednesday that one new business has plans to move into the Carson area and several others are expanding.
Past Time Signs is coming to the area.
Expanding businesses include: Top Notch Distributers, Ametherm, Nature’s Bakery, CGI, Ganesha Enterprises, Durabond Bearing Co., and Triangle Labs.
ImmunizeNevada honoreesMay 19, 2016 —
Immunize Nevada recently recognized healthcare providers that have protected Nevadans from vaccine-preventable diseases as a part of its Healthy People 2020 awards.
The healthcare providers honored were: Aspen Pediatrics Community Health Alliance - Neil Road, Community Health Alliance - Sun Valley, Family Medicine Associates, Gurjeet Wadia, MD, Medical Profession, LLC, Newe Medical Clinic, Northern Nevada Pediatrics, Pediatric Associates, Pinecone Pediatrics, Reno Center for Child and Adolescent Health, Renown Medical Group-Pediatrics, Sally Weare Edney, Children’s Health Center, Sierra Pediatrics, Saint Mary’s Medical Group - Bell, Summit Pediatrics - Mae Anne, Summit Pediatrics, Dr. Dinwiddie, University Health System Pediatric.
Sleep and lung experts join RenownMay 13, 2016 —
The team of pulmonary and sleep experts from Pulmonary Medicine Associates have joined Renown Health.
The experts will form two new medical groups: Renown Medical Group - Pulmonary Medicine and Renown Medical Group - Sleep Medicine.
The pulmonary medicine clinic will be located at 236 W. 6th Street in Reno.
The sleep medicine clinic will be located at 990 Caughlin Crossing in Reno.
Physicians who joined Renown are: John Andrews, M.D., Stephen Baez, M.D., David de los Santos, M.D., Bruce Denney, M.D., Jeremy Gonda, M.D., Michael Jackson, M.D., Robert Richeson III, M.D., Leslie Smith, M.D., Christina Szot, M.D., Michelle Morrison, APRN, Deborah Baker, APRN, Carrie Yamamoto, APRN, Jennifer Bickford, APRN, and Jennifer Brown, APRN.
For details, call 775-982-5000 or go online at Renown.org/specialties.
Reel Construction featuredMay 13, 2016 —
Matt Caviglia, owner of Reel Construction, Inc., has been selected by REMODELING magazine to join the REMODELING Big50.
The Big50 awards will be presented at a gala dinner at the Remodelers Summit and Awards Gala on Oct 25-27 in Kansas City, Mo. The 2016 Big50 winners are featured in the May issue of REMODELING, a national trade publication read by more than 130,000 professional remodeling contractors, with longer profiles of the winners posted on the REMODELING website, remodelingmag.com.
Holland & Hart release podcastMay 13, 2016 —
“The Brief,” a series of free podcasts offering legal commentary helpful to business owners and managers as well as consumers, has been launched by Holland & Hart.
The series will include 16 episodes as well as 10 bonus episodes that focus on marketing strategy. The first episodes includes a discussion on employment law featuring Dora Lane and Fritz Battcher, Holland & Hart partners in the firm’s Reno office. Subjects of the podcast include entrepreneurship, emerging companies, health care, employment, and more. Holland & Hart is one of the largest law firms in the nation and delivers integrated legal solutions to regional, national and international clients.
Episodes are available for free to download at: http://apple.co/1PFMwQ8.
Barnes represents MEHMay 13, 2016 —
MEH Family Trust purchased a 6,000-square-foot light industrial building at 150 E. Grove Street in Reno. Scott T. Barnes, broker/owner of HG Commercial Real Estate Services, LLC represented MEH in the transaction.
ArchCrest transactionsMay 13, 2016 —
An undisclosed tenant leased 4,569 square feet of industrial space at 10 Greg Street in Sparks. Christopher Capurro of ArchCrest Commercial Partners represented the landlord, 10 Greg Street Investors, LLC, in the transaction.
An undisclosed buyer purchased 2,986 square feet of office space at 4854 Sparks Boulevard. The seller, TAG Vineyards, LLC, was represented by Mike Van Blaricom and Kevin Annis of ArchCrest.
Coldwell Banker transactionsMay 10, 2016 —
Coldwell Banker Commercial Business Properties released the following transactions:
An undisclosed tenant leased 1,520 square feet of retail space at 2303 S. Virginia Street. The landlord, Orchard Plaza, LLC, was represented by Tim Dayner of CBC.
Western States Intermodal leased 385 square feet of industrial space at 385 Freeport Boulevard in Sparks. The landlord, F & M Real Estate, LLC, was represented by Kimberly Clark of CBC.
Avalon Massage leased 650 square feet of retail space at 120 Thoma Street. The landlord, Goff Living Trust, was represented by Kimberly Clark of CBC.
Reno Tattoo Company leased 3,900 square feet of retail space at 818 S. Virginia Street. The landlord, Celadon Select Investments, LLC, was represented by Kent Whelan of CBC.
An undisclosed buyer purchased 3,056 square feet of industrial flex space at 5475 Reno Corporate Drive. The seller, Jetco Rentals, LLC, was represented by Kent Whelan and Michael J. McCabe of CBC.
Insurance partnershipMay 10, 2016 —
Builders Alliance, Clark partnership
The Nevada Builders Alliance has partnered with Clark & Associates and Solutions at Work to provide a full suite of cost-effective employee benefits and human-resources services to members of the Builders Alliance.
The employee-benefits package provided by Clark includes five health insurance options (including a Health Savings Account), dental and vision coverage, a 401(k) program and the supporting paperwork that employers require.
Solutions at Work, meanwhile, will provide payroll services, management of unemployment insurance claims, preparation of employee handbooks and job descriptions, compliance review and support for disciplinary actions.
Miles begins hotel renovation projectMay 10, 2016 —
Miles Construction, a general contractor based outside of Carson City, has begun renovation of the former Siena Hotel Casino located at 1 South Lake St. in Reno, into the non-gaming Renaissance Hotel.
Miles is remodeling the hotel’s 214 rooms, 15,500 square feet of convention space, lobby and public spaces. The renovation also includes the conversion of the former 17,000 square foot casino area into a restaurant and event center that featuring seven indoor bocce courts and a 9,000 square foot outdoor garden with two additional bocce courts, a dining area and private event area.
Expected completion for the Marriott Renaissance renovation is late 2016.