Local Economy

Dec. 22, 2011

9,000 Acres Sold In Laughlin To Chinese Based Energy Company

SALE OF 9,000 ACRES IN LAUGHLIN NEVADA
APPROVED BY CLARK COUNTY COMMISSION

The land to be sold to a Chinese-based energy
company is the next step for a multi-billion dollar
solar farm, factory and research park that could
could eventually create thousands of high paying
jobs.

With the land …

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Posted in Investing, Local Economy, Statistics
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Dec. 21, 2011

Zappos Buying City Hall

DON'T FIGHT CITY HALL -- BUY IT !!

And that's exactly what Zappos did today leasing
the old Las Vegas city hall for 15 years!

A firm called City Hall LLC run by Andrew Donner
bought the old city hall for 18 million and will lease
it back to Zappos …

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Posted in Investing, Las Vegas, Local Economy
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Dec. 18, 2011

WINNERS AND LOSERS IN 2011 GAMING

WINNERS AND LOSERS IN 2011 GAMING

The Director of the UNLV center for Gaming
Research considers downtown Las Vegas one
of the winners since they had a couple of good
revenue months.

The Plaza is buzzing, the El Cortez and its new
hotel rooms is generating activity and the same …

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Posted in Las Vegas, Local Economy
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Dec. 18, 2011

Zappos Investing Millions In Downtown Las Vegas

ZAPPOS CEO TONY HSIEH POURING
MILLIONS OF HIS OWN MONEY INTO
DOWNTOWN LAS VEGAS

He has helped keep at least one restaurant
open, has donated $1.5 million to encourage
Teach for America members and alumni to
move downtown, and has plans to fund dozens
of new businesses on Fremont …

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Posted in Investing, Las Vegas, Local Economy
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Dec. 16, 2011

Zappos Competing With Howard Hughes Corp. To Buy Las Vegas 51s Baseball Team

CEO OF ZAPPOS AND THE HOWARD
HUGHES CORP. ARE COMPETING TO
BUY THE LAS VEGAS 51s AAA LEVEL
BASEBALL TEAM

Zappos CEO Tony Hsieh plans to revitalize
the existing Cashman Center ballpark, a
10,000 seat stadium close to downtown, thinks
the team will succeed there and has already
planned …

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Posted in Investing, Las Vegas, Local Economy
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Dec. 16, 2011

Las Vegas Looks To Economic Diversity

ECONOMIC DIVERSIFICATION IS THE KEY
FOR SOUTHERN NEVADA TO AVOID ANOTHER
RECESSION, ALL BUSINESS LEADERS SAY

(Please read our previous blogs on diversification)

Economic growth has too long been focused on
gaming and construction, two industries that prove
to be the most vulnerable during the downturn
said the Governor's …

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Posted in Las Vegas, Local Economy
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Dec. 14, 2011

Growth In Las Vegas Being Forecast For 2012

HAPPY DAYS ARE HERE AGAIN ?  --

-- Well, maybe not quite -- but they are getting closer
according to a UNLV economist at the Economic
Outlook 2012 meeting.

He's forecasting growth in every economic sector
in 2012, led by a 5.1 percent increase in visitor
volume and a 4 percent …

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Posted in Las Vegas, Local Economy, Statistics
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