Business and Economy

Travel Nevada

Nevada tourism officials are reaching around the world to attract visitors to Nevada. Our reporter Bob Conrad spoke with one and has the story.

The state held its annual international tourism conference in Reno, and one goal of the conference was to promote Nevada to the rest of the world.

Bethany Drysdale is with the Nevada Department of Tourism and Cultural Affairs, which organized the conference.

Future Of Park Lane Property Looks Bright

Oct 21, 2016

Company officials with Reno Land Inc. recently presented their plans to redevelop the former site of Park Lane Mall. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details. 

Chip Bowlby, managing partner for the firm, says their plan includes housing, retail, restaurants, and professional offices.


MedMen, a marijuana management and capital firm based in Los Angeles, broke ground on a new production and cultivation facility this month in Washoe County. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details. 

The 45,000-square-foot operation east of Sparks is opening next year and will cost $15 million. It's the firm’s first project in Nevada and is expected to produce 10,000 pounds of cannabis each year.

Alexa Ard

The Nevada State Assembly is currently in session, considering a plan for a new NFL stadium in Las Vegas that would use $750 million worth of public funds.

Steve Hill is the chairman of the Southern Nevada Tourism and Infrastructure Committee. He says the stadium project is estimated to cost $1.9 billion and if that number runs higher, the developers will be on the hook for the additional cost.

Assemblyman Ira Hansen, who represents Northern Nevada’s Assembly District 32, questions Hill about what happens if the project comes in at a lower cost.

Alexa Ard

The Nevada legislature will convene Thursday to continue evaluating a large public funding package for a new NFL stadium in Las Vegas. Joe Schoenmann with KNPR's State of Nevada joins our News Director Michelle Billman to share the latest.

The Nevada State Senate voted on Tuesday to forge ahead with a plan to provide $750 million of public money to a stadium that may house the NFL’s Raiders.


Female entrepreneurship is on the rise globally. And with the female-founded software company CAEK moving its headquarters to Reno this year, the topic is getting more attention across the region.

Huge Stadium Deal Passes State Senate

Oct 11, 2016
Alexa Ard

A bill to raise hotel taxes to fund an NFL stadium and a convention center expansion has crossed its first hurdle in the Nevada Legislature.

The Nevada Senate voted 16-5 Tuesday to approve the measure. Democratic opponents have said they oppose putting public funds to a project backed by billionaire casino mogul Sheldon Adelson, while Republican opponents are against raising taxes.

State Sen. Ruben Kihuen, a Democrat from Las Vegas who is running for Congress, voted against the measure and spoke out against it Tuesday.

Affordable Senior Housing Breaks Ground In South Reno

Oct 11, 2016
Annie Conway / NNBW

A new affordable housing project for seniors broke ground in Reno this week. Our contributor Brook Bentley of Northern Nevada Business Weekly reports.

Vintage Housing and GreenStreet Companies held a ground-breaking ceremony for Vintage at The Crossings, a 230-unit senior apartment complex. The project marks the first large-scale affordable housing project to break ground in a decade.

Lawmakers Question The Economics Of Stadium Deal

Oct 10, 2016
Alexa Ard

Lawmakers are in Carson City right now as part of a special session. It's to determine whether or not hotel taxes along the Las Vegas Strip should be increased to raise money for a football stadium in Southern Nevada, as well as to expand the Las Vegas Convention Center. With more, here's Casey Morell from our sister station KNPR in Las Vegas.

The tax increase would break down like this: half a percentage point would go the new convention center expansion and .88 percent would go to the football stadium.

David Lofink / Flickr, CC BY 2.0

Small business employment across Nevada reached an all-time high during the first quarter of 2016. Reno Public Radio’s Noah Glick has more on the latest numbers.

Nevada has officially regained the job numbers lost during the recession, both in total and small business employment. That’s according to the most recent data from the Nevada Department of Employment, Training and Rehabilitation.

Bill Anderson is chief economist for the state and he says the growth has been broad-based, meaning he’s seeing increased employment across all economic sectors.