Regardless of the many ups-and-downs of 2020 and the unknown risk factors brought on by COVID-19, the Reno-Sparks office market wasn’t pummeled as hard as some expected, brokers said.
The project’s first speculative building, an 815,000-square-foot distribution facility designed by HPA Architects, broke ground last month. Alston Construction is the lead contractor.
Starting Sunday, claimants filing through any Nevada jobless benefits program will need to certify and document that they are engaged in activities such as applying for jobs, networking, retraining or promoting their business if they are self-employed.
The programs are being implemented by 36 participating FHLBank San Francisco member financial institutions, including Greater Nevada Credit Union and WestStar Credit Union in Nevada.
Pathways to Aviation, a Reno-based nonprofit organization, recently welcomed five leaders to its board of directors
Reno Public Market — where Sprouts opens in 2 weeks, and CVS just reopened in a new location — is one of the more high-profile retail developments that has seen vertical movement amid the pandemic. Despite the industry being ravaged throughout most of 2020, optimism in the retail sector abounds.
Nevada casinos took home $1.066 billion in gaming win in March, the best month in over 8 years — what's more, some reporting areas reported all-time monthly records.
"What I definitely see is that we have a huge need for more mental health services. We’re extremely under resourced."
"As a banker, a Nevadan and a strong supporter of our community, I wanted to pass along some advice to help your business prepare for future success."
Dr. Meier, who founded Reno Tahoe Sinus Center in 2017, was among 1,993 surgeons from around the world to be initiated into the American College of Surgeons.
“We had 90% of this center in LOIs (Letters of Intent), and overnight it went to zero," S3 Development founder Blake Smith sayid with a wry laugh when reflecting on how COVID pumped the brakes a year ago on the much-anticipated Keystone Commons development at Fifth Street and Keystone Avenue.
Ten years ago, the NNBW included a story on big revenue losses at downtown Reno's two biggest hospitals and a feature on a plan toward financial stability for the landmark Rancharrah property.
"We were the beneficiary of that turn toward entrepreneurship. From the second half of March of last year through today, there has been nothing but an upward trajectory," Greg Martin, president of Inc. Authority, told the NNBW's Kaleb M. Roedel.
When deciding to buy a business, prospective buyers sometimes are faced with the following dilemma: Do I buy an existing business, or do I buy a new franchise?
About 87% of Northern Nevada luxury sales in 2020 took place in neighborhoods southwest of Reno or in Incline Village.
Tom Stewart, owner of Truckee Meadow Herbs in Reno, says his suppliers are so swamped that all sorts of products are either delayed getting to his shelves or not showing up at all. It’s a hard pill to swallow for his business and plenty other retailers.
Billions of dollars of institutional investment money, low interest rates and unparalleled demand to deploy capital out of California and into Nevada has created a perfect storm for owners of multifamily apartment complexes across greater Reno-Sparks.
Plenium Builders is a full-service residential and commercial general contractor. The firm combines the expertise and precision craftsmanship of a true builder with the powerhouse resources of a stand-out general contractor.
While the IRS this year postponed Tax Day to May 17, 2021, the due dates for estimated tax payments for 2021 were not postponed.
Blockchains Inc. ran a series of television ads and hired more than a dozen lobbyists to push the proposal, and the governor’s office hosted a virtual roundtable in late February to promote the concept.
Garcia received a bachelor’s degree in business administration with an emphasis in accounting from the University of Nevada, Reno.
There is currently 4.2 million square feet of industrial space under construction across greater Reno-Sparks, a figure greater than any high-water mark achieved prior to the recession — yet that space isn’t able to drive down vacancy rates because tenants are queuing up to ink deals on those buildings.
Togo's plans to open its first local franchise this year in Sparks. The company says Northern Nevada has potential for at least a dozen more restaurants, with Reno-Sparks, Carson City, Winnemucca and Elko as targets for expansion.
The Nevada Gaming Control Board says casinos and other gaming establishments will follow capacity limits and social distancing requirements set by their counties when the state turns pandemic health and safety decision-making over to local governments on May 1.
Initial one-way rates start at $99 for JSX service from Reno to Las Vegas and Oakland, beginning May 21.
ArchCrest Commercial Partners this month announced the addition of Melanie Stewart to the firm as Transaction and Marketing Coordinator.
“As much affordable housing as possible is needed right now because we have such a shortage,” says Michelle Duggan of the Community Foundation of Northern Nevada.
As of Thursday, all counties except Washoe had completed the planning process and secured the required endorsements in order to receive local authority on May 1.
"Authors Josh Baron and Rob Lachenauer pack their book with information that pokes into the corners of every family business imaginable."
Reno's 4.6% jobless rate in March was a slight improvement from February's mark of 4.8% — and when looking year over year, nearly a full percentage point better than March 2020's rate of 5.5%.
Wes McQuillen, Alana Ridge and Kyle Robertson were all reelected this month to the board of directors of the nonprofit NCET.
UNR Med recently named Aaron Dieringer, M.D., MPH, as assistant dean of admissions and chair of the admissions executive committee.
David Marson, the former owner of Nature's Bakery in Carson City, purchased a 31-acre parcel in Minden for $4.5 million in February. A two-phase commercial bakery and distribution center encompassing 488,000 square feet is planned.
Although the pandemic caused project managers to develop new strategies to stay on track, construction of the Spaghetti Bowl Xpress 'is right on schedule," says Seth Alexander, project executive at Ames Construction.
"Now people are looking for places they want to live, knowing that they can work from where they live, as opposed to living where they have to work."
Miles Construction’s expertise has uniquely positioned the company as the go-to design and build construction firm for advanced manufacturing and distribution facilities.
Julianne Holt, Julianne Holt, Spencer Bitz and Eric Gothan were all recently promoted to various management roles at Sierra Nevada Properties.
From project delays to rising supply costs to contact-tracing COVID cases, over the past year Northern Nevada construction companies have scrambled, pivoted and adapted on the fly as the economy broke down and then, many months later, began to rebuild.
Opponents of the affordable housing bills that faded away consisted primarily of developers, home builders and other development industry professionals.
Throughout its history, Assistance League® Reno-Sparks has worked diligently to accomplish that goal through its philanthropic programs; three of those programs specifically provide needed assistance to younger children.
This week's 10-year look-back at the April 18, 2011, NNBW includes a story about plans from the new owner of Fitzgerald’s Hotel in downtown Reno to open a non-smoking, non-gaming resort under the "CommRow" brand.
“It’s an honor to be recognized again as a US Best Managed Company,” said Eren Ozmen, SNC president and co-owner.
Kendrick, who graduated with a B.A. in journalism from the University of Nevada, Reno, previously served as a multimedia journalist with KVVU-FOX5.
The distant rattling bursts of power drills and steady beeps of a forklift echo off the concrete floor. Stacks of sheetrock are waiting to be puzzled into interior walls. Steel columns stretch horizontally for hundreds of yards to an expansive space where an emergency room will live.
Nevaka, a materials management app “by electricians for electricians," and Outlaw Soaps, which relocated main its operations to Sparks in 2020, are two Northern Nevada startups in the running for $200,000 in funding from investors through AngelNV, operated through StartUpNV.
"Since opening our Reno office in 2017, Helix has received ample support from the northern Nevada business community."
"The need to embrace our mutualism rather than just our individualism is to reflect a community of kindness where it is recognized as a necessity of our culture and personal identification."
Per the program, $100 of revenue from every mortgage or refinance funded through Greater Nevada Mortgage is donated to the nonprofit Eddy House this year.
Nidhi “Nikki” Dadlani recently was promoted to vice president, relationship manager at The Private Bank by Nevada State Bank.
“Home prices can’t keep accelerating at these prices. You just have to hope for a soft letdown instead of a crash," says longtime Reno developer Perry Di Loreto. The NNBW recently spoke with Di Loreto and three other regional homebuilders to discuss the challenges they face in meeting the region’s pressing need for residential housing.
The 80,000-square-foot Legends Bay Casino is anticipated to open in the summer of 2022 — 15 years after the first iteration of the project was planned in 2007.
The business founded by Erin Snell, LCSW, MBA, offers outpatient services for mental health and suicide prevention, peer support groups and suicide attempt survivor group programs.
Kramer, who previously was EVP of Strategy at tech giant Switch, will be CEO for Reno-based SaaS startup Ledger8760, which has been stealth mode the past two years.
While March's 8.1% rate is an improvement from February’s mark of 8.4%, the state is still up 1.7 percentage points when compared to March 2020, when there were 134,800 additional jobs filled.
One example of the frenzied, "highest and best" real estate market in Northern Nevada: One agent recently did 60 showings of a single property listed in the $450,000 range during a two-week span, says Nancy Fennell, CEO of Dickson Realty.
What might tenants and landlords experience during the three-month extension of the federal moratorium, which lifts June 30 (an additional layer of state protections were extended through May)?
“The pandemic magnified the need for short-term, stackable training programs that connect Nevadans to living-wage jobs with career advancement opportunities,” TMCC President Karin Hilgersom said.
The Office of the Labor Commissioner sent a notice recently to remind Nevada employers the minimum wage will increase again on July 1.
Danielle Lougheed was promoted this month to the role of assistant vice president, branch manager, for the Nevada State Bank branch in Fallon.
Sierra Nevada Properties this month announced the promotion of Jeremy Lynnes to the role of vice president of marketing and technology.
"We will have greater economic diversity as businesses from California and other states continue to relocate here for our favorable business environment."
Representatives of Carson City, Lyon County and Storey County said Wednesday their goal is to progress to a full reopening after the state hands over decision-making authority on May 1.
Cary Groth will lead the sports management program as its director after spending four decades in intercollegiate athletics and administration.
“Now it's time to bring this critical industry back to its pre-pandemic economic status,” Nevada Sen. Jacky Rosen said Tuesday.
High-hazard industries identified by Nevada OSHA include: healthcare, construction, food and agriculture, energy, transportation and logistics, manufacturing and gaming.
Mike Hendi, CEO of Reno-based ESI Security Services, says his company’s revenue was down 60% in 2020 compared to 2019, underscoring the varying challenges the security guard industry has dealt with amid the pandemic.
This week's 10-year look-back to the April 11, 2011, NNBW includes a story about local restaurants concerned with rising costs of commodities and fuels and a feature on how rural ranches rely on "haycations" for revenue.
The Teamsters and other labor unions argue employee misclassification in Nevada had largely been perpetuated by employers in the construction industry.
During the global pandemic, Urban Roots changed their in-person programming into virtual and home-based offerings so they could survive. It was a shift that helped offset the steep loss in revenue from pandemic cancellations.
Sisolak said a combination of mask wearing, which will be mandatory in public for the foreseeable future, and increasing levels of vaccination will enable the state to meet the June 1 goal.
Paul, who most recently served as a principal, transaction manager for Amazon.com, joins Panattoni with more than 25 years of experience in transaction and corporate services.
Sacramento-based Folsom Ready Mix has officially expanded into Northern Nevada, launching as a separate company, Silver Strike Concrete, with the opening of its $1.7 million plant east of Reno-Sparks.
Opponents argue that raising the minimum wage would eliminate entry-level jobs and hurt teenage workers trying to get their foot in the door of the job market.
“Our history is important to the businesses in the downtown core that profit from history buffs" – Ronni Hannaman, executive director, Carson City Chamber of Commerce.
Each year, Extraordinary Local Business is one of the top categories for PBS Reno’s annual Spotlight Awards & Auction.
Initially founded in 2009 as the ICBA, the association has been re-formed and organized with over 50 businesses and nonprofits as members.
If permits are approved, American Battery Technology Company expects to begin construction by the end of May and have operations up and running by the end of this year.
Among legislation that bit the dust Friday was a trio of bills vehemently opposed by developers and development authorities regarding affordable housing measures and establishing a landlord registry.
Camp Bow Wow is North America’s top dog daycare and kennel operator with almost 200 camps, said Michael Day, co-owner of the Reno branch.
Under law, when a guest pays a hotel directly for a room, all the tax money goes straight to the relevant local government. But if an online travel agency negotiates a discounted rate, the company pays taxes on the negotiated rate.
According to stats released March 25, Washoe County had a 10.5% YOY increase in taxable sales in January, up $78.6 million. Clark County, meanwhile, was down 8.5%, or $320 million.
Marc Markwell, CFO and General Counsel for Sierra Nevada Construction, will serve as 2021 president of the Nevada Chapter of the Associated General Contractors of America.
Rolling Freedom Motorcycles Lake Tahoe launched earlier this year on the Nevada side of Lake Tahoe’s South Shore.
Critics of the bill say it would make Nevada less competitive for business relocations and expansion; supporters say it would help balance the billions of dollars offered to corporations as abatements or subsidies and establish a more equitable economic development policy, which would in turn help Nevada's worsening housing situation.
Opponents of the legislation — including the Reno+Sparks Chamber of Commerce — argue the bill would invite unnecessary litigation, in the form of employees bringing civil action against employers that fail to comply with the bill requirements.
Proponents say the legislation would give local governments the ability to raise money to support affordable housing projects; opponents say it would increase fees for developers and further negatively affect the market.
Nhit Hernandez and Jared Streshley were recently promoted to senior accountants at Barnard Vogler & Co. in Reno.
Lyndsey Crossley and Lauren Renda are both Philanthropic Advisors with the Community Foundation of Northern Nevada.
Reno-Sparks as a whole recorded a median home price of $485,000 in March — that's a 259% increase from the depths of the Great Recession, and a 64% increase from 5 years ago.
"I would definitely say we need more people in our community to be givers of time, money and resources."
With some professionals continuing to work from home in 2021, and possibly permanently, here are some ways to ensure you're keeping WFH ergonomics at top of mind.
Both homebuilders and landlords say they support proposed legislation that would give renters more of a heads-up on rent increases, even as there was a less warm reception for a bill that would create a statewide landlord database and registry.
Mann received a degree in journalism with a focus in advertising from the University of Nevada, Reno in 2013, joining Stan Can Design that same year.
“The goal for us is to really shape some new opportunities and get our dislocated workers into programs and training that will align with new career paths for them,” said Isla Young, executive director of the Governor’s Office of Workforce Innovation.
This week's 10-year look-back includes growing interest in adding additional flights at Reno-Tahoe International Airport and a feature on older adults working more in the Silver State.
What does a great all-volunteer organization do when hit by a pandemic? It improvises to modify programs to continue to support the students, veterans, seniors and victims of assault who it's been supporting for some 40 years.
The businesses would function like bars for marijuana use, allowing people to legally consume outside of a private home.
TCI Wealth Advisors, which has a branch in Reno, is one of nearly 40 companies and organizations to recently receive a 2021 Gallup Exceptional Workplace Award.
Locke, who graduated with a B.S. from UNR and got his law degree from Gonzaga University, joined Allison MacKenzie law firm in Carson City in in 2007.
Alliance Forge, PersonaFi and Major League Markets are the 3 startups enrolled in RNOX’s R.E.A.L. spring cohort. As for RNOX itself, it’s been a year of speedy growth and change since the tech accelerator launched in April 2020 in South Rreno — one of the biggest recent changes is an overarching new name — “X Co.”
"The process has not been perfect, and there have been challenges to overcome, but I am utterly impressed with the speed and focus the Nevada Cares Campus has been approached."
The new bill’s most controversial element by far would create a new path for additional dispensaries in Nevada's dog-eat-dog cannabis market.
Sprouts plans to fill roughly 110 jobs at the new Reno Public Market location, its third in Northern Nevada, set to open May 12.
The mine, which reached commercial production in January after various COVID-19 delays, should hit full-scale production by end of Q2 this year, though revenue will be impacted due to the year's slow start.
Saibini brings 14 years of professional experience and comes to NHS after three years as the Senior Corporate Communication Specialist at NV Energy.
At the end of April, Symmetrix Composite Tooling is moving out of its 13,000 sq. ft. Carson City shop and will begin relocating into a 40,000-square-foot facility — newly built by Reno-based United Construction — in Minden.
Through the week ending March 27, 2021, there have been a total of 908,138 initial claims for unemployment insurance filed in Nevada since the week ending March 14, 2020.
The "Every Nevadan Recovery Framework" plan identifies four prioritization or tiers: basic health and safety needs such as food and housing first, followed by “community” initiatives such as education; economic expenditures such as support for small businesses and workers; and “quality of life” expenditures for services that will help build healthy communities.
“As Nevadans are vaccinated and COVID cases continue to drop, DETR is focusing on getting Nevadans back to work."
Fleming, who previously worked as Director of Workforce Development at EDAWN, joins OWINN as a Program Development and Engagement Specialist.
“As the joint venture matures, we are creating real opportunity to extend the company’s life of mine, thereby ensuring Nevada Gold Mines can remain an economic driver for decades to come."
Gov. Sisolak's "door will always be open to any private sector leader or CEO who is looking to expand their business, relocate to the state, and most importantly, create jobs for Nevadans," per The Nevada Independent's latest story about Blockchains LLC's Innovation Zones proposal.
The Phoenix-based law firm now known simply as Lewis Roca consists of 220 lawyers in nine offices, including 33 lawyers in its Las Vegas and Reno branches.
Per GOED, the grants go to rural cities under 50,000 in population and rural counties under 200,000 in population.
Among other duties, Emma Glenn manages PBS Reno’s annual fundraiser, the Spotlight Awards and Auction.
"I think the largest growth segment that we might be able to benefit from is the deployment of actual private and public capital ... I think we have underutilized our investment capital, especially public and private finance."
The companies are expected to create more than 200 combined biotech and fintech jobs over the next several years, according to EDAWN.
Keith Dunnagan of BPE Law said the business-friendly climate and booming economy of Reno-Sparks aided the firm's decision to expand to Nevada.
The companies — four of which are in Northern Nevada — are expected to fill 1,325 jobs over the next five years, with a weighted average hourly wage of $29.87.
Major tech companies are pushing back on two measures introduced to the Nevada Legislature this week that would strengthen state regulation of online business.