Business Beat: Development Underway On Massive Industrial Project in Fernley, New Breweries On Tap
Here’s the latest business news from around Northern Nevada, with Business Beat from the Northern Nevada Business Weekly.
Victory Logistics District Breaks Ground In Fernley
Work has begun on a new 815,000 square-foot industrial warehouse in Fernley, the first step of what local leaders hope will be transformational change for Lyon County.
The Victory Logistics District in Fernley was sold in 2019 for $45 million, and since then, plans have quickly begun to transform the 4,300-acre site into a regional logistics hub. The developer plans to construct as much as 10 million square feet of industrial buildings, and says that could bring thousands of jobs to Fernley.
This first building is expected to be finished by February, and developers expect to have it fully leased before then.
Labor Supply Not Keeping Up With Local Demand
As the economy rebounds, jobs are opening up quickly, especially in the hospitality sector. But, there aren’t enough people to fill those jobs locally.
Celeste Johnson with Reno-based staffing agency The Applied Companies said even before the pandemic, it was hard for Reno-Sparks businesses to find enough qualified people to fill jobs.
Now, with jobs rapidly recovering, she said companies are offering higher wages, and removing drug screens and background checks for certain roles. But, many workers are choosing to opt out of returning to work or transitioning to a remote position.
New Breweries On Tap To Open In Reno
For many, an ice cold beer is the remedy for hot summer Nevada days. And, beer drinkers in Reno will soon have some new options.
Family-owned Slieve Brewing Company has announced plans for a new nanobrewery in Reno. The biggest challenge now is finding the right space.
But they aren’t the only new brewery opening soon. Wonder Aleworks plans to open a brewery in the former location of Under the Rose Brewing in Reno’s Midtown. It hopes to open by September.
Kaleb Roedel is a KUNR contributor and reporter with the Northern Nevada Business Weekly. For more business news, check out the Northern Nevada Business Weekly at nnbw.com or in print on Wednesdays.