Business and Economy

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.

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.

Zawadisha

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.

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