Business and Economy

Existing home sales in Sparks are up...by a lot. That's according to a monthly report from the Reno/Sparks Association of Realtors.

Our contributor Brook Bentley of the Northern Nevada Business Weekly says that last month, there was an 11 percent increase from the sales made in October, but the jump year-over-year is much larger.

Local Construction Industry Growth Expected To Slow

Dec 23, 2016
Soham Banerjee / CC BY-SA 2.0

The construction industry is expected to continue to grow heading into 2017, but at a slower pace then in recent years. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details. 

New Coworking Space Opens In Reno's Midtown

Dec 19, 2016
Annie Conway / Northern Nevada Business Weekly

There is a new coworking space in the Biggest Little City. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the story.

It's called Fusion at Midtown and it joins several other coworking spaces in Reno such as the Reno Collective, the Innevation Center and more.

Coworking spaces are growing in popularity and can also serve as platforms to network and collaborate with other entrepreneurs.

A Look At The New And Expanding Reno Companies In 2016

Dec 19, 2016
Northern Nevada Business Weekly

Thirty new companies relocated to the greater Reno-Sparks area in 2016. Our contributor Brook Bentley of the Northern Nevada Business Weekly takes a quick look back at economic growth this year.

Noah Glick

The Nevada Supreme Court has ruled both for and against Silver City residents seeking to block expansion of Comstock Mining’s mine. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

Rural Nevada Tourism Gets Promotion Grants

Dec 19, 2016
brewbooks / Flickr, CC BY-SA 2.0

The Nevada Commission on Tourism has awarded more than $500,000 in grants to rural Nevada tourism organizations for marketing efforts. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

The commission awarded funding to almost 90 separate marketing projects. They're all geared toward increasing overnight stays, which in turn, increases room tax revenue for the state. Many will also boost brand awareness for communities in rural Nevada.

Waste Management

The franchise agreement between the City of Reno and Waste Management continues to generate heated debate. Our reporter Bob Conrad of ThisisReno has the latest. 

According to a financial audit conducted by an outside firm, the company is in compliance with its agreement with the city.

But last week’s discussion quickly turned sour over a litany of issues about how that agreement has been executed since it was adopted in 2012.

Reno Business Owners React To Temporary Halt On New Overtime Rule

Dec 12, 2016
Blogtrepreneur / CC BY-SA 2.0

Many business owners in Northern Nevada had a bittersweet victory when a federal court recently placed a preliminary injunction on the Department of Labor’s new overtime rule. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

Reno Eyesore Transforming Into Upscale Apartments

Nov 25, 2016
Sally Roberts / NNBW

The metamorphosis of a downtown Reno eyesore into classy urban apartments is nearly complete. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

Bentar Development and Basin Street Properties have been working feverishly to convert the long boarded-up Kings Inn into the 3rd Street Flats.

Business Profile: Good Chemistry Nurseries

Nov 25, 2016
goodchem.org/nurseries/

As Nevada’s approval of recreational cannabis has created more industry buzz, another medical marijuana company has entered the Nevada market. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

Medical Marijuana Dispensary Replacing Vacant Reno Lot

Nov 15, 2016
Brook Bentley

An empty lot in downtown Reno will soon house a locally-owned medical marijuana dispensary called Mynt. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the story.

International Company Opens $22.5 Million Plant In Fernley

Nov 15, 2016
Deceuninck North America

A large manufacturing plant for windows and doors has opened in Fernley. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details.

Photo Essay: A Look Inside Reno's Eclectic Coffee Scene

Nov 15, 2016
Aishwarya Krishnamoorthy

Northern Nevada’s coffee scene has grown in recent years, with a greater demand for local roasts and coffee shops. Reno Public Radio’s Aishwarya Krishnamoorthy has this report.

Affordable Housing Shortage Bad For Business In Truckee

Nov 15, 2016
American Advisors Group / Flickr, CC BY-SA 2.0

Local business owners are feeling the pinch of a housing shortage in Tahoe. Our Tahoe reporter Amy Westervelt has that story.

The news has been full of stories about the issues that arise when police don't live in the communities they serve. That includes everything from slow emergency response times to excessive force.

Our Tahoe reporter Amy Westervelt spoke to one Truckee police officer to learn his story.

Construction, Hiring Underway For Edgewood Tahoe's New Lodge

Oct 27, 2016
Claire Cudahy / Tahoe Daily Tribune

Construction of Edgewood Tahoe’s new lodge is in full swing. Our contributor Brook Bentley of the Northern Nevada Business Weekly has details on the project, which will be finished this summer.

The project has been in the works for a decade and will result in a 154-room luxury lodge in Lake Tahoe set to open in June. After that, amenities like a ballroom and restaurant will be built. Eventually, there will also be 10 multi-residence cabins.

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.

NNBW

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.

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