economic development | KUNR

economic development

An image of a bubble milk tea drink, known as Boba.
Kaleb M. Roedel / Northern Nevada Business Weekly

Here's the latest business news from around Northern Nevada, with Business Beat from the Northern Nevada Business Weekly.

Reno, Nevada was ranked first overall as the top performing metro area in 2019, according to Area Development magazine.
Jana Sayson / KUNR Public Radio

The Mountain West is home to some of the top performing metro economies in 2019, according to a recent report by Area Development magazine, a publication focused on corporate site selection.

Topping the magazine’s overall rankings is Reno, Nevada, which, as the report notes, boasts a total employment rate more than triple the national average.

New research shows that you don’t need a big population to foster innovation.

 


Northern Nevada is making room for industrial space this year, sectioning off 4.5 million square feet of land, but developers are facing some hurdles. 

Brown metal vines with glass leaves wrap around patio posts at a Reno restaurant. They were fashioned by local artisans, commissioned by Tilio Lagatta. Lagatta's company redevelops buildings and has been including art to add punch and hopefully value.
Holly Hutchings

A report from The U.S. Bureau of Economic Analysis shows that arts and cultural production accounted for over $6 billion of the silver state's economy in 2015. As KUNR's Holly Hutchings reports, business leaders are looking for ways to use cultural contributions to grow and improve their industries.

A green chart depicting the new jobs and capital raised by the year, from 2013-2018, created by Northern Nevada's startup ecosystem.
Illustration by Lauren Solinger

New data suggests that Northern Nevada’s startup ecosystem is growing strong. Our Contributor Kaleb Roedel of the Northern Nevada Business View reports.

The Northern Nevada Development Authority attracts new businesses and supports existing businesses in Lyon, Douglas, and Storey Counties, along with Carson City. The organization has reduced the vacancy rate of industrial spaces across that region from 26 percent back in 2010 to about 3 percent today, though challenges remain. Our News Director Michelle Billman spoke with the organization to learn more about what they’re grappling with as they continue expanding economic growth in these smaller communities.

Kawana Meadows Development Corporation

A mix of commercial and residential development is scheduled to begin construction this summer at the Nevada/California state line at Tahoe's South Shore. Our contributor Kaleb Roedel of the Northern Nevada Business Weekly reports.

During the Great Recession, unemployment in Nevada reached 14.5 percent. That led the Economic Development Authority of Western Nevada, or EDAWN, to try and attract high numbers of jobs to the region.

Now, with low unemployment and rapid growth, local leaders are setting their sights on higher paying tech jobs.

Julia Ritchey

Since the Great Recession, Nevada has made significant investments in diversifying its economy into a new frontier: technology.

Apple, Tesla and Switch have all set up here. So, what does the future look like for this growing industry in northern Nevada?

Noah Glick

The tech industry continues to grow at a rapid pace in northern Nevada, with more companies continuing to move to the region. But what do these jobs actually look like? And what kind of wages can workers expect?

Michelle Matus

Northern Nevada has garnered national attention as a major technology hub, particularly since Tesla began building its Gigafactory.

But is that characterization accurate? 

Yama Rongomas

Nevada’s non-profit arts and culture organizations accounted for more than $471 million in economic activity, and 10,000 full-time jobs in 2015.

Starbucks Is Expanding, Adding 100 Jobs In Minden

Jun 13, 2017
Brad Coman

Starbucks is expanding its operations in Minden, which will bring close to 100 new jobs within the next two years. Our contributor Brook Bentley reports.

 

The Starbucks distribution center in Carson Valley will expand over the next year with an additional 700,000 square feet. The roasting side of the operation will continue as is.

ThisisReno

Washoe County recently conducted a citizen survey on quality of life in the area. Our News Director Michelle Billman spoke with contributor Bob Conrad of ThisisReno to learn about the results.

 

KUNR: What did the county learn from this study? What are residents saying about the local quality of life?

Stacey Montooth, RSIC

Johni Bill is a member of the Reno-Sparks Indian Colony who just opened her own salon called Alluring Beauty in Sparks. Colony spokeswoman Stacey Montooth says Johni is a role model for other Native American entrepreneurs, who can face unique challenges. Montooth spoke to our contributor Brook Bentley of the Northern Nevada Business Weekly to explain why.

Rural Communities Banding Together For Development Help

Mar 24, 2017
Courtesy NNRDA

In a few short months, the Northeastern Nevada Regional Development Authority has grown from representing primarily Elko County to now covering more than 40 percent of the state. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details.

Noah Glick

In northeastern Nevada, the economic focus has been on mining for the last several decades. Local leaders are now looking ahead for new opportunities to carry the region forward.

New Nail Tech Program Fueled By Economic Recovery

Feb 6, 2017
Annie Conway / NNBW

Economic growth in northern Nevada is positively affecting many sectors in the region — including the beauty industry. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the latest.

Alexa Ard

Nevada ranks first in the nation in job growth, according to a recent Gallup survey. But as Reno Public Radio’s Noah Glick reports, state leaders say there’s still much work to be done.

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