JULY 7 Issue - Vegas Business Digest Recap
JULY 7 2022 / ISSUE NO. 79 / ARCHIVE
This Week's Top Stories
New Community Under Construction for First-Time Home Buyers
Touchstone Living’s new Independence Planned Community is under construction on E. Vegas Valley Drive near Hollywood Blvd, the site of the former Royal Links Golf Course. The first 100 homes are permitted and under construction. The developer is planning to build a total of 1,600 homes eventually on this site. The homes will start in the $200s and are targeted at first time home buyers. Floor plans range from 2 to 4 bedrooms single family attached homes.
Q&A: Beth Martino, Three Square Food Bank President & CEO
Beth Martino is the President and CEO of Three Square Food Bank, Southern Nevada’s only food bank and largest hunger relief nonprofit organization. Martino has over 20 years of leadership experience in food bank, public affairs, and healthcare sectors.
Halo.Car Launches Driverless On-Demand EVs Delivery in Las Vegas
Halo.Car announced its first commercial launch of on-demand driverless electric vehicles for hourly and daily use in Las Vegas on public roads. This launch came after four years of testing where safety drivers were present inside Halo.Car's vehicles during remote piloting.
NSB's Private Bank Report Reviews the "Rollercoaster of Real Estate" and Impact of Interest Rates
Las Vegas, NV – The Private Bank by Nevada State Bank released the latest edition of the High Net Worth Report. Issue 2 of 2023 provides a look at the luxury housing markets in Southern Nevada and Northern Nevada. This issue includes a summary of broad market-level trends in sales and prices by segment as well as a focused look at the neighborhoods where luxury home sales ($1 million or more) took place in 2022.
Three Tax-Abated Companies to Create 200 Jobs in Las Vegas Region
Last week, Nevada Governor's Office of Economic Development (GOED) approved five companies to receive tax incentive. The five companies will make a capital investment of $22.2 million in the first two years and generate $34.5 million in net new state tax revenues over the next 10 years. Three out of the five companies are in Southern Nevada and plan to create 206 jobs in the greater Las Vegas region over the next two years.
El Super to Hire 100 Associates for New Las Vegas Store
El Super, a California-based chain of Hispanic-focused supermarkets, will hire up to 100 new associates for its new Las Vegas store. A virtual job fair is now open at https://elsupermarkets.com/careers/.
Nevada To Receive $33 Million for Desert Terminal Lakes Restoration
Yesterday, U.S. Senators Catherine Cortez Masto (D-NV) and Jacky Rosen (D-NV) announced that Nevada will receive nearly $33 million in grant funding to restore and protect Pyramid, Summit, and Walker Lakes through the extended Desert Terminal Lakes Restoration program.
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