2016-01-17 - VEGAS INC - Las Vegas

vegasinc.com |january 17 - 23, 2016

Las Vegas light rail

shutterstock

We dissect an idea that some say is crucial for the future of Southern Nevada

By Ric Anderson | Staff writer

There’s a problem with our transportation system, Las Vegas, and it goes way beyond tedious commutes and long lines of orange pylons. ¶ The system has become an Achilles heel in a high-stakes competition with other major cities to attract new businesses, residents, tourists and conventions. Our road system is outdated, built for an era of rotary phones, coin slot machines and cars with cassette players, and other communities are taking advantage of it in an light ra il, Continued on page 4

6.4

Number of casinos, on average, each Southern Nevada tourist visits. That’s more than 4.9 million trips along the crowded resort corridor each week.

10.8B

Number of trips Americans took on public transportation in 2014, the highest number in 58 years, according to the American Public Transportation Association. People boarded public transportation 36 million times each weekday.

2

VEGAS INC

YOUR BUSINESS-TO-BUSINESS NEWS

JAN. 17 - JAN. 23

Send your business-related information to news@vegasinc.com

W H E R E I S TA N D : B R I A N G R E E N S P U N

Light rail would get our future on the right track

R

eaders of VEGAS INC will notice that this issue is chock full of trains, so to speak. Actually, we have given this issue over to a most important discussion about how well and how fast our city will grow. And how much we are willing to invest in that future.

Throughout our history, Las Vegas has always been ready, willing and able to step up and own the kind of future we envision. Our dreamers and our builders have always been able to capture the imaginations of our people to build, despite the setbacks of the 2008 economic crash, a city to be envied and emulated.

We now have an opportunity to write the next chapter in the brilliant history of Southern Nevada.

This time it centers on the way we will move not only our tourist economy but also our local economy to the next level.

VEGAS INC, fulfilling our responsibility to enlighten, encourage and inform our business readers about matters of public interest and enterprise, has devoted its pages this week to a wide-ranging discussion about trains. Light rail to be exact.

This isn’t the first time our community has discussed light rail as a mode of transporting 2 million residents and more than 41 million tourists safely and conveniently through our valley, but it is the first time community groups

throughout Clark County have come together to have a serious discussion.

Solving the transportation challenge not only is a quality-of-life issue but goes to the essence of our ability to compete. The world is getting smaller, but convention facilities, tourist attractions and hotels around the globe are growing larger, so our ability to provide worldclass transportation could be a differentiator.

Cities such as Phoenix, Denver, San Diego and Orlando, Fla., have gotten a head start on us, but we can catch up and surpass them all.

All we have to do is start. And this is the beginning of that discussion.

How much it will cost, how long it will take and the hurdles we must overcome are all part of that conversation. And that discussion cannot be had without you, our readers.

For you will be the beneficiaries of a 21st century multimodal system of moving people from the airport to the Strip to downtown to North Las Vegas.

The same attitude and commitment that has allowed decades of dreamers and builders to create today’s Las Vegas can propel us to make the decisions necessary to ensure that we continue to lead all comers when it comes to moving people around a city.

Imagine a Las Vegas in 2026 that is the envy of the world. That’s easy. Now imagine a Las Vegas in 2026 with a world-class transportation system. That is a combination that can’t and won’t be beat.

It all starts today in the pages of VEGAS INC.

NOTEWORTHY STORIES

06 14 18 WHERE ARE WE GOING WITH THIS?

Plans are in the works for a light rail system in Southern Nevada, but where will it go? We map out the Regional Transportation Center’s plan and present potential additions to extend the system’s footprint.

HOW CAN WE PAY FOR IT?

Studies show that investing in a light rail system can spur economic activity that more than makes up for the cost of construction and maintenance. Still, building one isn’t cheap.

We outline potential ways to raise the money.

DATA AND PUBLIC INFORMATION A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.

MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: Taxicab operators, P22

PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)

EDITORIAL EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer (ray.brewer@gmgvegas.com) ASSISTANT MANAGING EDITOR/POLITICS Scott Lucas (scott.lucas@gmgvegas.com) STAFF WRITERS Kailyn Brown, Julie Ann Formoso, Chris Kudialis, Megan Messerly, J.D. Morris, Daniel Rothberg, Cy Ryan, Eli Segall, Jackie Valley, Pashtana Usufzy, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy

ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus

ADVERTISING ASSOCIATE PUBLISHER OF ONLINE MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATOR Denise Arancibia DIRECTOR OF SPECIAL PUBLICATIONS Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn BUSINESS DEVELOPMENT SPECIALIST Sandra Segrest ACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Breen Nolan, Sue Sran ADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Chelsea Smith, Tara Stella GREENSPUN MEDIA GROUP SALES ASSISTANT Steph Poli

MARKETING & EVENTS EVENT MANAGER Kristin Wilson DIGITAL MARKETING ASSOCIATE Jackie Apoyan

PRODUCTION VICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick, Dany Haniff TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson

CIRCULATION DIRECTOR OF CIRCULATION Ron Gannon ROUTE MANAGER Joel Segler

GREENSPUN MEDIA GROUP CEO, PUBLISHER & EDITOR Brian Greenspun CHIEF OPERATING OFFICER Robert Cauthorn GROUP PUBLISHER Gordon Prouty EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein

VOLUME 3, ISSUE 2 Vegas Inc (USPS publication no. 15540), 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published every Sunday except the last Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices.

POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc 2275 Corporate Circle Suite 300 Henderson, NV 89074 702.990.2545 For inquiries, write to: Vegas Inc 2275 Corporate Circle, Suite 300 Henderson, NV 89074 For back copies: Doris Hollifield at 702.990.8993 or e-mail at doris.hollifield@gmgvegas.com For subscriptions and customer service: Call 818-487-4538, or visit vegasinc.com. For annual subscriptions, $50.

For single copies, $3.99.

WE CHOOSE TO DO BUSINESS

WITH COX BECAUSE THEY PROVIDE US

GREAT SERVICE. LA MESA MEXICAN RESTAURANT

COX HAS BEEN ABLE TO PROVE THAT

THEY CAN PROVIDE THE

RELIABILIT Y

AND FLEXIBILIT Y

NEEDED FOR US TO BE SUCCESSFUL. TRAVEL & TRANSPORT

THE SPEED HAS BEEN

PHENOMENAL.

Thousands of customers recommend us for a thousand different reasons.

If you’re ready for something different, make the switch.

IT’S BEEN FASTER THAN

ANYTHING WE’VE EVER HAD.

CALL QUALITY IS CRYSTAL CLEAR. MCQUADE’S ACE HARDWARE

COX BUSINESS HAS BEEN

VERY RESPONSIVE TO OUR GROWING NEEDS AND IS

VERY CUSTOMER FOCUSED.

PEPPERJAX GRILL

WE KNOW WE CAN TRUST THEM

TO GIVE US THE TOOLS

TO KEEP US UP AND RUNNING...

THEY’RE JUST A PHONE CALL AWAY. DESERT FAMILY MEDICINE

TECHNOLOGY PLAYS A BIG PART

IN OUR BUSINESS.

Featured Package

COX BUSINESS INTERNET℠ 25 AND VOICEMANAgER℠ UNlIMITEDWE COULD NOT DELIVER THOSE SERVICES

XXX 99

$ $

/mo*

for X months with a X-year agreement with a 3-year agreement

XX mo*

WITHOUT HAVING A

Free INStaLLatION.

RELIABLE RELATIONSHIP

Reliable Internet speeds 20+ up toprofessional 25 Mbps

calling features

20+ professional calling features

WITH COX BUSINESS.

Unlimited nationwide long distance Unlimited nationwide

DELAWARE RESOURCE GROUP

long distance

caLL 702-939-1146 OR VISIt COXBUSINESS.COM TO SWITCH TODAY *Offer ends 5/1/16. Available to new subscribers (excluding government agencies and schools) of Cox Business VoiceManagerSM Unlimited and Cox Business InternetSM 25 (max. 25/5 Mbps). Service fees for this bundle are $99/month for the entire term. Offer requires 3-year service term. Early termination fees may apply.

Standard rates apply thereafter. Unlimited long distance plan is limited to direct-dialed domestic calling and is not available for use with non-switched circuit calling, auto-dialers, call center applications and certain switching applications. Prices exclude equipment, installation, taxes, and fees, unless indicated. Free installation limited to standard installation on prewired outlets and is capped at $350 regardless of number of lines added. Additional costs for nonstandard installation, construction, inside wiring and equipment may apply. DOCSIS 3.0 modem required for optimal performance. Speeds not guaranteed; actual speed may vary. See www. cox.com/internet disclosures for complete Internet Service Disclosures. Rates and bandwidth options vary and are subject to change. Phone modem provided by Cox, requires electricity, and has battery backup. Access to E911 may not be available during extended power outage or if modem is moved or inoperable. Discounts are not valid in combination with or in addition to other promotions, and cannot be applied to any other Cox account. Offer is non-transferable to a new service address. Services not available in all areas. Other restrictions may apply. ©2016 Cox Communications, Inc. All rights reserved.

4

Vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

light r a i l , Continued from page 1

Strip traffic has reached a tipping point attempt to leapfrog us.

Don’t believe it? Let’s take a trip to Orlando, Fla. There, a light rail train whisks passengers along a 31-mile route that connects downtown Orlando with suburbs and surrounding communities for as little as $3.75 per round trip. Transportation authorities recently approved a new phase of construction that will connect the system, called SunRail, with Orlando International Airport.

When that happens, look out.

Visitors will be able to jump on the system for a quick, cheap and convenient ride to hotels, attractions and convention halls, while their counterparts in Las Vegas endure long lines for taxis or Uber and Lyft vehicles, then face expensive, slow rides on congested streets and highways, where, of course, they have to suffer more expensive, slow rides if they want to go anywhere beyond walking distance.

Which sounds better? It’s no contest.

Don’t think Orlando isn’t trying to capitalize on its advantage either.

During a recent visit there, a Las Vegan found a list of our conventions written on a white board at the convention and visitors bureau.

True story. Scary story.

And Orlando isn’t the only city actively trying to pick off our conventions.

Meanwhile, the Strip has reached a tipping point on traffic congestion, and that’s without attractions that either are on the drawing board or are almost live. T-Mobile Arena between New York-New York and Monte Carlo is an example; as many as 20,000 people will be trying to get in and out of events there once it opens. Because Las Vegas always has been a place that looks for the next big thing, others are talking about equally ambitious plans for facilities that will, inevitably, place further strain on our transportation system.

Another source of pressure: With traffic at McCarran International Airport reaching its pre-recession levels, the city moves an average of 1.8 million people per month — and counting — between the Strip and the airport.

Given that tourism and convention tax revenue and fees are the

Illustration by hernan valencia

leading economic drivers for the state, it’s critical that the Las Vegas transportation system supports them. But there is more reason to consider upgrades: The tech industry sector that now is taking a close look at Las Vegas, and Nevada expects — and a new workforce demands — effective and convenient mass transportation options.

Put simply: Our infrastructure isn’t prepared to support the next generation of development in Las Vegas.

But here’s the good news. We can compete in this fight. The answer is to build our own light rail — either the system proposed by the Regional Transportation Commission of Southern Nevada or one that extends the RTC’s lines to North Las Vegas.

Make no mistake, the system would be costly. The RTC’s plan, which connects McCarran to downtown’s Bonneville Transit Center and then to the Cashman Center,

would cost a minimum of $600 million and as much as $5.7 billion (if portions are built underground) in today’s dollars.

The RTC has proposed paying for a significant portion of the system with federal funding and has floated the concept of a public-private partnership. A rider fee also is part of the RTC’s vision.

In addition, there are other potential options for revenue streams that would lessen the burden on Las Vegas residents, such as an increase in hotel room tax, higher surcharges on flights from McCarran and perhaps reclaiming and selling BLM land on the outskirts of Las Vegas. Steps like these might make it possible to both build the system and let tourists and locals ride it for free.

The 42.3 million visitors coming to Las Vegas annually — a figure that is expected to keep rising — could foot the bill for a portion of the system. Even with a modest

increase in fees to support a rail system, tourists come out ahead because they wouldn’t have to pay as much for taxi rides or rental cars.

Now, think about what the system would mean for Las Vegas residents.

It would allow tens of thousands of people get to work more easily and cheaply, not only the ones riding the light rail, but car commuters who’d benefit from a reduction of congestion on the roads. It would ease the pressure on our environment. It would create jobs and spur massive development of housing, retail and industry — with an economic impact of $56 billion to $178 billion, as estimated by the RTC. If you doubt the potential of light rail as an economic driver, just look at Phoenix, Salt Lake City and Denver — other Western communities that have invested in rail systems.

Development driven by light rail in Phoenix exceeded $8.2 billion this year, including 15,000 residential units within a half mile of the 20mile route. The 7-year-old system is being used for 44,000 rides per average weekday, more than the Phoenix transit authority estimated for ridership in 2020.

For Las Vegas, light rail would create new development opportunities and strengthen the heart of our economy by improving the Strip.

Tourists like trains — just ask the operators of San Francisco’s cable cars or New Orleans’ streetcars — and light rail would make getting up and down Las Vegas Boulevard a convenient attraction for visitors, not a bumper-to-bumper buzzkill.

Improving the visitor experience is critical to our future. Remember, the days are long gone when Las Vegas tourists checked into a resort, headed straight to the casino and holed up for as long as their bankroll held out. Today, the average tourist visits several casinos per visit, and a change in the Strip’s business model is prompting even more of them to get out and wander among a growing number of restaurants, shops and attractions.

Allowing visitors to get around more easily is key to keeping them happy. And just imagine how happy they’d be if they could cruise the boulevard in a train that allowed them to see the sights and quickly reach their destination. Lights, ac-

your Business-to-business news Send your business-related information to news@vegasinc.com

tion, fabulousness.

Even beyond the Strip, light rail is a link to our economic future. It would help attract and retain the millennial workers we need for our budding technology industry and other businesses that can diversify our economy. If you don’t think light rail is a major bargaining chip when trying to recruit younger workers, just look at any number of studies showing that millennials are waiting later to get driver’s licenses than other generations, are less likely to use cars as a main source of transportation and are more likely to walk, bike or use public transit.

Another sector that could take off: manufacturing. For the first time, North Las Vegas could gain a direct connection to the Strip, which would help in the development of the massive Apex Industrial Park.

With Faraday Future preparing to build a $1 billion car manufacturing plant there, a rail link would become an attractive incentive to help sell other companies on locating in Apex.

Then there’s the north Strip. Today — and this isn’t a big secret —

Financial impact

environmental impact

A two-person household can save, on average, more than $10,175 a year by downsizing to one car, the American Public Transportation Association found. Households near public transit drive an average of 4,400 fewer miles annually than households with no access to public transit.

Public transportation use in the United States reduces the country’s carbon emissions by 37 million metric tons annually, according to the American Public Transportation Association. That is the combined amount that would be saved if New York, Atlanta, Denver, Los Angeles and Washington, D.C., all stopped using electricity.

it’s struggling. SLS Las Vegas has been bleeding revenue since it opened. The closure of the Riviera opened an even bigger hole between the Wynn and Encore, and the SLS and Stratosphere. And while the Lucky Dragon project west of Las Vegas Boulevard on Sahara Avenue may inject some energy into the area, there’s nothing else being developed between Resorts World Las Vegas and downtown. Plus, the Genting Group has yet to begin construction in earnest, raising concerns the project may not be moving forward.

In that environment, a light rail could be a lifesaver. For most Strip

tourists, the Riviera/Fountainebleu area marks a no-man’s-land where they quit walking on the boulevard, feeling ill at ease among the rusting hulk of empty and abandoned resorts. Add a train, and getting to the SLS, Stratosphere and beyond is safe and fun.

For downtown, the rail would bring tourists and locals not only to East Fremont and the Fremont Street Experience but to the Arts District and the Smith Center for the Performing Arts. Light rail lines would become arteries to invigorate arts and culture.

There also are winners who would never even set foot on the train.

5

vegas inc

jan. 17 - jan. 23

They’d benefit because the system would provide the tool to compete with cities such as Orlando for tourists, conventions and economic development, therefore strengthening the economy valleywide.

The harsh reality, Las Vegas, is that we risk getting stuck in gear economically if we don’t do something about our transportation system.

Right now, nothing is happening to create more area for development on the Strip. We still rely mostly on tourism and mining as the underpinnings of our economy, leaving us vulnerable to the same busts we just went through during the recession.

And while tourists still are coming, other cities are fighting to siphon them away. Granted, Orlando is no Las Vegas when it comes to 24/7 fun, but it is positioning itself as a modern, progressive, convenient option other than Las Vegas.

Las Vegas has explored light rail before, only to set it aside while others pushed forward. Now we’re behind, and we have a major choice on our hands. Move in a new direction, or stay on the same path. Just watch out for the orange pylons.

your Business-to-business news

Send your business-related information to news@vegasinc.com

Vegas inc

6

jan. 17 - jan. 23

D E C AT U R B L

Encore Wynn

H A R M O N AV E

PA R A D I S E R D

Convention Center

MCCARRAN AIRPORT

UNLV CAMPUS

SWENSON ST

Thomas & Mack Center

WHAT WOULD THE SYSTEM LOOK LIKE? Electric trains typically receive power either through an electrified third rail on the ground or wires strung above the trains. Because a mess of overhead wires can be ugly, engineers want to avoid using them on the portion of the line that would run down the Strip.

R TC L i g ht R a i l proposed rou te

LEGEND

RTC Light Rail airport connection options

RTC Maryland Parkway transit project

Other routes to consider *

RTC proposed transit centers

Key landmarks

*A plan recently released by the Regional Transportation Commission of Southern Nevada suggested a potential route for a light rail system that would connect McCarran International Airport to the Strip and downtown, with options that include taking the tracks as far south as Town Square. But nothing has been decided, and there are other options that could be considered. For example, instead of going down Casino Center, the light rail could run along Fourth Street, which would take the system closer to the east part of Fremont Street. Also, one of the benefits of light rail is that it can be expanded into a larger, more regional system — and a logical place to take that is North Las Vegas to strengthen that city's connection to the rest of the community.

RUSSELL RD

PAT R I C K L N

HOW DOES THE AIRPORT FIT IN? Of every 10 visitors to Las Vegas, four arrive at McCarran Airport.

To handle that volume of people, RTC officials want to build a 13-acre transit hub outside the airport, between Paradise Road and Swenson Street. The $300 million facility would handle all transportation to and from the airport, including taxis, limos, ride-hailing companies and light rail. Two people-movers would link the building to Terminal 1 and Terminal 3.

MCCARRAN AIRPORT

HACIEN DA AVE

E A S T E R N AV E

Fashion Show

Palazzo Venetian Linq

Tropicana

MGM Grand

Planet Hollywood

Paris Las Vegas

Bally’s

Flamingo

Treasure Island Mirage

Caesars Palace

L A S V E G A S B LV D .

DESERT INN RD

WHERE WOULD IT STOP? The current expectation is that stops along the Strip would be spaced about a half-mile apart. A gamechanger would be an expansion of the monorail to Mandalay Bay, which also is proposed by the RTC. A light rail line could connect visitors to the monorail at Mandalay Bay, along the Strip and at Sahara Avenue, where the monorail stops at SLS Las Vegas.

Bellagio Cosmopolitan City Center

New YorkNew York

Excalibur

Luxor

GILESPIE ST

FLAMINGO RD

WHERE WOULD IT GO? The RTC’s proposed light rail line could extend from near Cashman Field south toward Las Vegas Boulevard, where it would run until Tropicana Avenue.

After that, the line has a couple of options to get to McCarran, including looping south past Sunset Road or going east down Tropicana.

15

TOWN SQUARE

K O VA L L N

215

PA R A D I S E

T R O P I C A N A AV E

H A C I E N D A AV E

RUSSELL RD

215

SUNSET RD

WOULD IT BE STREET LEVEL OR BELOW GROUND? Nothing has been decided, but engineers are exploring the options. Underground lines are faster and more reliable, but tunneling through the earth is enormously expensive.

VA L L E Y V I E W B LV D

N 95

Las Vegas Country Club

15

FR

EM

ST

Cashman Field

ON T

BRUCE ST

93

MARYLAND PARKWAY Maryland Parkway has long enticed city engineers who want to use it to link the airport and downtown Las Vegas. The RTC has proposed a centerrunning bus or light rail line that would travel the length of the street, with stops at every mile. The RTC’s overall vision for Maryland Parkway is to make it more pedestrian friendly by reducing lanes from six to four and improving access for pedestrians and cyclists.

MARYLAND PKWY

PECOS RD

C A R E Y AV E .

L A K E M E A D B LV D

BONANZA RD

S T E WA R T AV E

B

O

U

L

D

E

R

H

S T. L O U I S AV E

M O J AV E R D

. vd Bl er

O W E N S AV E

et re St

nt Ce no Ca

si

WA S H I N G T O N AV E

ARTS DISTRICT

W

Y

SLS

Stratosphere

M A R T I N L U T H U R K I N G B LV D

LIGHT RAIL IN LAS VEGAS

RANCHO DR

The Regional Transportation Commission of Southern Nevada recently unveiled a gargantuan plan intended to revolutionize the way people move around Las Vegas and the Strip. ¶ Called the Transportation Investment Business Plan, the 2,365-page report outlines a score of upgrades to the valley’s existing road and transit networks. ¶ Among them: an ambitious proposal to build a light rail line connecting McCarran International Airport to the Strip and downtown Las Vegas. ¶ Clocking in at under 10 miles, the light rail line, which would travel down the Strip, would rank among the shortest urban rail systems in the country. But the project, and its potential impacts, nevertheless are immense. ¶ In 2015, 42 million people visited Las Vegas. If current projections are accurate, the visitor count will rise to 53 million by 2030. The population of Clark County is expected to spike as well, with nearly 1 million people moving here by 2040. ¶ All those people will need to move around somehow. And that’s where light rail comes into play.

95

O A K E Y B LV D

15 Circus Circus

MAIN ST

HOW LONG WOULD IT TAKE TO BUILD? RTC officials estimate that building a light rail line on the Strip would take 10 to 20 years.

S A H A R A AV E

VA L L E Y V I E W B LV D

h 4t

Las Vegas

PECOS RD

C H A R L E S T O N B LV D

A R V I L L E S T.

7 vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

LV D

8

VEGAS INC

YOUR BUSINESS-TO-BUSINESS NEWS

JAN. 17 - JAN. 23

Send your business-related information to news@vegasinc.com

A look into the future of business Imagine it’s 2026. Light rail stations around the valley have become hubs for retail shops and restaurants. Small businesses have moved into the area surrounding the stations. The value of real estate has risen.

SMALL BUSINESS

RIDE-SHARING

In Minneapolis, small businesses started cropping up along the light rail line. A $30 million brewery opened in part because it found a location close to the rail line and close to a bike trail. A facility for seniors expanded and hired 100 workers because demand increased.

Even in highly developed public transit systems — in New York or Washington, D.C., for example — trains do not always deliver their riders to the exact point they need to be. Sometimes, the commuters need to go farther. That’s where ride-hailing companies such as Uber and Lyft play a role.

Similar changes could take place in Las Vegas. Light rail proponents argue that Las Vegas already loses commerce because of a lack of mobility. “It’s costing us billions by not having light rail,” said Tom Skancke, former head of the Las Vegas Global Economic Alliance.

Skancke recalled a recruiting dinner at New York-New York with businesspeople from Europe. After 45 minutes pitching them on why Las Vegas would be a great city for their company, the executives started complaining about the lack of public transportation connecting McCarran International Airport.

Both companies already operate in several markets with public transportation, including in cities with light-rail systems. Lyft, for instance, operates in Los Angeles, San Francisco, Portland, Boston and Dallas, where the startup has a partnership with the area’s public transit agency. Riders of Dallas Area Rapid Transit can access Lyft through a mobile ticketing application and receive $5 off their first 10 Lyft rides.

“Why should I move my company here when my employees in Vienna don’t have cars?” a representative asked, according to Skancke.

“If we’re going to stay relevant as a transportation provider, we have to offer options so they can make a complete trip, whether it’s for work or fun,” DART director Gary Thomas said. “Lyft is a great way to help them begin or end their trip if they’re not right next to a DART stop or station.”

It’s a question that could be answered if the city had light rail, Skancke said.As has been the case in other cities, light rail also likely would attract small businesses, especially if the stations encouraged the development of housing or shopping.

Lyft officials say 33 percent of rides in Boston originate or end near a public transit station. The rate is about 25 percent in Chicago and 20 percent in San Francisco. Given Las Vegas’ sprawl, it’s likely there would be a similar impact here.

“Anywhere that creates traffic, businesses spring up,” said Len Krick, a business broker in Las Vegas. “That’s fact.”

COMMERCIAL DEVELOPMENT Construction jobs morph into permanent retail jobs. Rail stations transform into commercial hubs. These are some of the effects proponents say take place with light rail.

In Southern Nevada, that could mean more development in areas such as downtown and North Las Vegas. Other cities have seen light rail stimulate business development in underserved areas. With it comes jobs.

Take Minneapolis. The city was able to spark development with its Green Line corridor while avoiding gentrification because the city and state governments helped support development of affordable housing.

REAL ESTATE A light rail system stands to boost values throughout the community. Studies show that a rail line generally leads to higher property values and rent. How much of an increase depends on a number of factors, including the frequency of the transit service.

And while some research indicates that property values dip before lines become operational, there’s ample evidence pointing to an overall benefit. A recent study of single-family homes in Charlotte, N.C., from 1997 to 2008, for example, found that after a period of mixed effects during construction periods, values rose after completion.

And while there have been concerns that gentrification related to higher property values can displace residents, proponents of light rail say it can help improve substandard housing and lead to beautification if routed through underdeveloped areas.

— Daniel Rothberg

10

Vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

ORLANDO

phoenix

M e t r o a r e a p o p u l at i o n

M e t r o a r e a p o p u l at i o n

cost of sunrail project

cost of project

32 miles = $1.2 billion

20 miles = $1.4 billion

With its iconic theme parks, warm weather and popularity as a convention destination, Orlando is an easy comparison to Las Vegas, and its commuter rail system gives the area a bragging right over the Strip.

While Phoenix may not have as dominant a tourism industry as Las Vegas, it is comparable in other ways, namely because it’s also a sunny Southwestern city with suburban sprawl.

2 .3 m i l l i on

SunRail opened in May 2014 as a nearly 32-mile system with 12 stations along a north-south route. The state bought 61 miles of existing tracks that had been owned and used by the CSX Transportation railroad, then “brought them up to daily commuter rail standards,” said Steve Olson, a Florida Department of Transportation spokesman.

SunRail cost $1.2 billion, according to the Orlando Sentinel, including $615 million for capital costs. The project was backed by federal, state and local public funds.

For the first seven years, the state transportation department will operate the system. After that, local governments will be in charge.

For now, the system has a more limited schedule than larger rail lines in other cities. It operates only Monday through Friday, although it could operate on the weekends, Olson said.

During its first year, SunRail reported nearly 900,000 farepaying riders, with an average daily ridership of about 3,700, according to media reports.

“Our core commuters are just totally sold on it, and they’re really a loyal bunch,” Olson said. “The challenge, though, is you need to keep growing that number and bringing new people into the system. That’s where we’re at right now.”

Ridership numbers are expected to grow, thanks to SunRail’s second phase expansion, which is under way. The next phase includes a 17.2-mile southern addition and a 12-mile northern addition. Both are set to be operational by late 2017.

4.5 million

With 4.5 million residents, the Phoenix area is home to more than twice as many residents as Clark County and is one of the nation’s largest metros. Given that, it’s not surprising Phoenix has taken more aggressive steps to move its people around faster.

The first installment of the region’s light rail system, a 20-mile line that’s part of the Valley Metro public-transit system, was completed in December 2008. It since has been extended to 23 miles, with plans to add more this year. It serves Phoenix as well as the neighboring cities of Tempe and Mesa.

The first 20 miles of light rail cost $1.4 billion to build and was financed by local and federal funds. Phoenix voters in 2000 approved a 0.4 percent sales tax increase to pay for public-transit improvements, including light rail. Voters in Maricopa County in 2004 extended an older half-cent sales tax, agreeing to use some of the money to fund the capital costs of building light rail.

The light rail’s operating costs are covered by the cities where the system operates, Valley Metro spokeswoman Susan Tierney said. The light rail has an annual ridership of about 14.3 million and an average weekday ridership of more than 43,000.

And the system is poised for growth. Phoenix voters in 2015 approved a major transportation initiative, Proposition 104, that raises the 0.4 percent sales tax to 0.7 percent. It it expected to raise billions of dollars to help fund an ambitious long-term transportation plan that includes tripling the length of the light rail system in the city.

11

vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

denver

san diego

M e t r o a r e a p o p u l at i o n

M e t r o a r e a p o p u l at i o n

cost of project

cost of san diego trolley project

48 miles and growing

54 miles (initial phase cost $7 million a mile)

2.7 million

Residents of Denver have used light rail for more than 20 years, and the system continues to grow.

Denver’s original 5.3 miles of light rail opened in 1994 to connect a limited portion of the city’s central core. Denver paid for the construction using entirely local money, said Scott Reed, of Denver’s Regional Transportation District.

The district has expanded the line since, adding a southwest corridor in 2000, another line in downtown Denver in 2002 and a southeast corridor in 2006. The system got a green light from the public for its largest expansion in 2004, when voters approved FasTracks, which is bringing 122 miles of additional light rail and commuter rail to the Denver area, as well as 18 miles of bus rapid transit and new transit stations. New light rail lines are expected to open this year.

While FasTracks was approved by voters at a budget of $4.7 billion, the cost has grown by billions of dollars. The project has its critics, but Reed said it has been a net positive for the Denver region. Even the original 5.3 miles brought noticeable changes, Reed said, as businesses wanted to locate near the line and residents prized living nearby. Upgrades to Denver’s Union Station brought even more development.

“As an area native, it has been gratifying to see how investments in commuter rail, light rail and other forms of transit have positively shaped the Denver metro area,” Reed said. “It really becomes an investment for future generations, as well as the current riders. That’s the type of legacy that I’m very proud to leave for my children and beyond.”

3 .3 million

San Diego launched its light rail system in 1981, making it something of a pioneer.

Known as the San Diego Trolley, the system began as a 15-mile line that ran from the Mexico border into downtown San Diego. It was built for about $7 million a mile, which Metropolitan Transit System CEO Paul Jablonski called “almost unheard of” because it it was built on old freight tracks.

As did Denver, San Diego kicked off the project without any federal funds.

At one point, the San Diego system had a farebox recovery rate of well over 100 percent, according to Jablonski, meaning it received more than enough revenue from passenger fares to cover the cost of operations. The recovery rate has fallen to about 60 percent because the system expanded, but it’s still a far better margin than many other public-transit systems are able to achieve.

Over 25 years, the system grew to cover 54 miles, as operators added more lines. The economic impact of the trolley has been massive, Jablonski said. The trolley moves 110,000 people or more each day.

One of the particular benefits for San Diego has been that service workers who may not make enough money to live in more expensive parts of the city can commute using light rail.

“San Diego, to some extent, is kind of like a mini-Vegas,” Jablonski said. “(Light rail) has had a huge impact on people getting to these jobs and making downtown San Diego vibrant and productive and successful, because we deliver the workers there that make all that work.”

And as in other cities, the footprint of San Diego’s light rail system is growing. An 11-mile trolley extension, expected to begin service in 2021, will run from downtown San Diego to University City.

12

Vegas inc

jan. 17 - jan. 23

your Business-to-business news Send your business-related information to news@vegasinc.com

Mass transit would make big impact on North Las Vegas By megan messerly staff writer

North Las Vegas could become the “breadbasket” of the valley, the city’s mayor has said.

The city took a step toward that future in 2015 when Faraday Future announced plans to build a $1 billion auto manufacturing plant in North Las Vegas’ 18,000-acre Apex Industrial Park, opening the door for further development of the park and broader economic diversification for the entire community.

Would light rail help the city shed its status as a bedroom community and become an economic driver for the entire valley?

At the least, light rail running to North Las Vegas City Hall on Las Vegas Boulevard is likely to spur economic development in that area, said Rob Lang, executive director of Brookings Mountain West, a nonprofit think tank.

Rail would cut mainly through commercial zones, like strip malls, instead of residential areas, making it less likely to displace existing residents.

Light rail also would create more of a traditional downtown feel for North Las Vegas with more vertical, mixeduse development including housing and commercial, said UNLV civil engineering professor Hualiang Teng.

“Their city hall is right there on Las Vegas Boulevard,” Teng said. “They could naturally build a downtown, and that could connect in the future, if they are planning their industries, to the north.”

The Regional Transportation Commission’s current proposal for light rail doesn’t include a route to North Las Vegas. It proposes a line stretching from the airport to downtown Las Vegas with an extension to Cashman Center, putting light rail very close to but not quite inside North Las Vegas city limits.

In the mid-2000s, the RTC put forward a 35-mile light rail plan, which would have spanned from Nevada State College in Henderson, up the Strip and up North Fifth Street in North Las Vegas. In an alternatives analysis of the plan, the RTC identified three other options for where light rail

could run in North Las Vegas — a line north on Martin Luther King Jr. Boulevard, northeast following the existing Union Pacific Railroad right of way, or northeast following Las Vegas Boulevard North.

With so many options on the table, light rail’s benefits for North Las Vegas are all about which route is chosen, said Assistant City Manager Ryann Juden.

“Obviously light rail’s impact on North Las Vegas would depend on where it stops and starts,” he said.

So where should the system go?

The city has been making a strong push over the past few months to spur development. Bills passed during a special session of the Nevada Legislature in December provide the financial means to make infrastructure improvements at Apex — in the short term, to allow electric car startup Faraday Future to open its factory and, in the long term, to pave the path for further industrial growth.

A light rail system connecting Apex with the rest of the valley could add appeal to the site and catalyze further development. But Apex has long faced the chicken-and-egg problem: “You don’t build a train to nowhere,” Juden said.

Light rail all the way to Apex would be costly. Lang said light rail “belongs in the valley,” and that workers at Apex may still need cars to commute to their jobs. “We don’t need commuter rail,” Lang said. “Apex is always going to be auto dependent.”

Indeed, many North Las Vegas residents probably would have to drive their cars to a park-and-ride lot and then hop on light rail to utilize the system, though some housing likely would spring up around stations on the light rail’s route.

If light rail to Apex did happen, it likely would be as a future phase of the project after a core section is built — a line to Apex, a line to Summerlin and a line to Henderson, Teng said.

“It’s very difficult for people to give up the auto,” Teng said. “But my personal feeling is as long as you provide a system that is reliable, people will follow.”

the strip The number of annual visitors to Las Vegas passed the 42 million mark for the first time last year, on the heels of 2014’s record-breaking 41.1 million visitors. Hotel room occupancy on the Strip, meanwhile, was 90 percent through November, up from the previous year.

Local tourism and transportation leaders are having a serious discussion about the need to make major infrastructure changes to stave off a traffic armageddon. Light rail can be the solution.

“It’s really hard to even start a conversation about how you move people in the numbers we’re talking about without immediately having a light rail or a mass-transit conversation,” said Tina Quigley, general manager of the Regional Transportation Commission. Light rail could move more visitors much faster than expanded roads could. “At some point, you have as many cars on a road as you can physically handle,” Applied Analysis principal analyst Jeremy Aguero said.

Moreover, a light rail line could be an experience for visitors, providing them a way to take in the sights.

Key to making such a project happen, of course, is support from the resort industry. At a recent meeting with U.S. Transportation Secretary Anthony Foxx, organized by U.S. Rep. Dina Titus, D-Nev., numerous resort executives were interested in hearing more about a light rail project in Charlotte, N.C., where Foxx had served as mayor. And Virginia Valentine, president of the Nevada Resort Association, has said members understand the Strip’s congestion problem and are open to solutions.

conventions Convention customers are a key component to the health of the Las Vegas tourism industry. They fill hotel rooms, gamble, drink, dine, shop and go to shows during the week, when leisure travelers are less likely to take a vacation.

Local leaders therefore have made it a priority to keep Las Vegas at the forefront of attracting convention business. That’s why the Las Vegas Convention and Visitors Authority bought the Riviera hotel last year for $182.5 million, with plans to raze the building and use it for more convention space.

But other convention cities have a selling point that Las Vegas doesn’t: fast, high-capacity public transit. Customers who attend a convention in San Francisco, for example, can travel to and from the airport, their hotel and the Moscone Center without ever getting into a car. That can make a big difference.

Proposals for a Las Vegas light rail system are in part the product of a process first put in motion more than three years ago by Rossi Ralenkotter, president of the convention authority. “(Ralenkotter) told us that he’s seeing other destinations start to market themselves as being places that are easy to get around, places that are easy to get from your conventions to the attractions,” the RTC’s Tina Quigley said. “And that is certainly something that we cannot market ourselves on.”

Mark

yo u r c a l e n da r s

and plan to join us for the

TOURO GA L A W ith k eynote a ddress

by

VICE ADMIRAL VIVEK H. MURTHY, M.D., M.B.A. UNITED STATES SURGEON GENERAL special

s av e

a W a r d p r e s e n tat i o n s t o

t h e dat e

Dr. Jaldeep Daulat Mohave Center for Dermatology & Plastic Surgery

SUNDAY, MARCH 6, 2016

Dr. Mitchell Forman Founding Dean of Touro College of Osteopathic Medicine

5:00 P.M. VIP SPONSOR MEET & GREET 5:30 P.M. COCKTAILS AND SILENT AUCTION 7:00 P.M. DINNER AND PROGRAM

NV Energy Dr. David Steinberg Steinberg Diagnostic Medical Imaging

FOUR SEASONS HOTEL | LAS VEGAS, NEVADA

INDIVIDUAL TICKETS - $236 | TABLE OF 10 - $2,360 EVENT SPONSORSHIP - $10,000 http://give.tun.touro.edu/gala

Selma

BARTLET T

STEPHEN CLOOBECK

Dr. Jaldeep Daulat

874 American Pacific Drive , Henderson, Nevada 89014

14

VEGAS INC

YOUR BUSINESS-TO-BUSINESS NEWS

JAN. 17 - JAN. 23

Send your business-related information to news@vegasinc.com

HOW DO WE

Light rail could transform the future of Las Vegas — but the future comes with a hefty price tag Building one mile of light rail costs from $25 million to more than $100 million, depending on whether it’s built above, at or below ground level. That means constructing a 10-mile light rail system from, say, McCarran International Airport to North Las Vegas City Hall would cost from $250 million to more than $1 billion. That doesn’t include the cost of a transit center at McCarran to connect the system to the airport or the construction of transit centers or hubs along the line.

The Regional Transportation Commission of Southern Nevada proposes a more extensive line wrapping around McCarran to the Bonneville Transit Center in downtown Las Vegas. Transportation officials say building that system could cost $600 million to $5.7 billion, depending on whether the system travels above, at or below ground level.

RTC officials also propose running a bus rapid transit or a light rail line down Maryland Parkway from downtown to the airport. That project doesn’t have a cost estimate yet, but a light rail route would need to be at least six miles long to span the parkway, which means it would cost roughly $150 million to more than $600 million just to lay the rail.

Expanding the Bonneville Transit Center is expected to cost $5 million to $11 million, and a light rail extension to Cashman Center would cost $128 million to $200 million. Building a new transit center at McCarran to link the light rail system to the airport is expected to cost $300 million to $360 million.

The plan likely would require a patchwork of funding approaches, cobbled together from a number of local, state and federal sources.

Here’s a look at some of the possibilities.

— Megan Messerly

BUILDING ON EXISTING FINANCE STRUCTURES HOW MUCH IS IT?

WHO PAYS IT?

It used to be 5 percent for resorts; today, it’s 12 percent on the Strip and 13 percent downtown.

Anyone staying in a hotel room in the state.

The amount varies by jurisdiction, with the bulk coming from Southern Nevada.

ROOM TAX

Since the late 1950s, visitors to Las Vegas have been charged a tax on top of the cost of their hotel rooms.

Although initially intended to pay for efforts to boost tourism, a decreasing percentage of the money has been reinvested in tourism, from almost 100 percent to about 35 percent. Portions of the money, for instance, now pay for education.

One percent goes toward transportation projects.

OPTION 2

Every time someone boards an airplane in Las Vegas, he or she pays a small fee that goes to McCarran International Airport. The passenger facility charge, managed by the federal government, is collected by airports to fund large-scale infrastructure projects.

The maximum airports are allowed to charge by law is $4.50 per segment.

McCarran charges $4.50.

Air travelers.

Airlines collect the fee when people book their airplane tickets, then pass the money along to airports.

WHAT IS IT?

OPTION 1

RIDE FEES

15

VEGAS INC

YOUR BUSINESS-TO-BUSINESS NEWS

JAN. 17 - JAN. 23

Send your business-related information to news@vegasinc.com

PAY FOR IT?

Taxes provide a stable, significant funding source for transportation projects. For instance, Phoenix recently approved a sales tax increase from 0.4 percent to 0.7 percent that is expected to generate almost $17 billion toward the city’s $32 billion, 35-year transportation plan. ¶ The Regional Transportation Commission of Southern Nevada proposes using money from two existing taxes in Clark County to help pay for light rail in Southern Nevada. ¶ Room tax from the resort corridor also could be used to fund projects if approved by the Nevada Legislature, although the RTC isn’t considering that.

HOW MUCH MONEY DOES IT GENERATE?

HOW COULD IT BENEFIT LIGHT RAIL?

CAN IT BE INCREASED?

HOW MUCH MORE COULD IT GENERATE?

In fiscal year 2014, Southern Nevada brought in $565 million in room tax. Of that, $179 million went to the Las Vegas Convention and Visitors Authority, $139 million to the State Distributive School Account and $78 million to the Clark County School District.

The 1 percent of room tax that goes to transportation projects could be used to pay for a light rail system. But RTC officials aren’t considering that for now. “It’s certainly a potential funding source, it’s just not one we’re talking about actively right now,” General Manager Tina Quigley said.

Yes, but it would need approval by two-thirds of the Nevada Legislature. State lawmakers also could choose to change the laws that specify where money generated by the tax goes.

It’s too soon to say. But based on the $565 million generated in 2014, a 1 percent increase would net about $47 million and a 2 percent increase about $94 million.

Nationally, the fee brings in about $3 billion each year, which airports use to finance infrastructure projects.

McCarran generated almost $84 million in passenger fees during the last fiscal year.

Revenue generated by the passenger fee charge can be used to finance special projects at the airport such as a new terminal or transit center at to connect the airport to a light rail system. Streamlining travel between McCarran and the Strip could make Las Vegas more competitive with other tourist destinations that already have or are building transit systems that connect to their airports. The passenger facility charge, however, couldn’t be used to fund the light rail system itself, and the money McCarran collects is allotted toward other projects.

Increasing the fee would require congressional approval. The fee hasn’t increased in 15 years.

In 2015, airports urged Congress to raise the fee to $8.50 per segment as part of its reauthorization of the Federal Aviation Administration funding bill. The measure failed.

OPTION 3

FEDERAL FUNDING

Orlando, one of Las Vegas’s biggest competitors for conventions, plans to build a maglev route between its main convention center and airport.

Money from a number of federal grants could be applied toward building light rail.

Funding for the grant programs are authorized by Congress in the federal budget.

Agencies that administer transportation grants: ■ Federal Highway Administration

■ Federal Railroad Administration

■ Federal Transit Administration

■ Department of the Treasury

■ U.S. Department of Transportation

In 2014, Americans took 10.8 billion trips on public transportation, the highest number in 58 years, according to the American Public Transportation Association.

People boarded public transportation 36 million times each weekday.

16

Vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

option 4

blm land sales

SNPLMA disposal boundary

Southern Nevada is unusual in that much of our land is owned by the federal government.

Under the Southern Nevada Public Lands Management Act, money from the sale of certain public lands designated under the act can be applied toward preservation efforts, capital improvements and conservation initiatives — and potentially building a light rail system in Las Vegas.

BLM-controlled land Las Vegas

What is it?

How Can it be sold?

How could it benefit light raIL?

How much money could be generated?

It is land owned by the federal government and overseen by the Bureau of Land Management. In Southern Nevada, the bureau oversees 3.1 million acres of federal land. It is used in a number of ways but generally is open, empty space.

One of the reasons land remains under BLM control is to stop urban sprawl.

In 1998, Congress enacted the Southern Nevada Public Lands Management Act to provide the federal government an organized way to sell land in Southern Nevada.

Parcels of land to be sold are selected by local governments and the Bureau of Land Management. The sales take place fairly regularly.

The Southern Nevada Public Lands Management Act outlines a number of projects it can fund, including capital improvements, conservation initiatives and the creation of parks, trails and natural areas. Rob Lang, director of Brookings Mountain West, believes there’s a strong case to be made that light rail would contribute to conservation by reducing urban sprawl.

Therefore, revenue generated by selling public land at the edge of town could, in turn, fund a system that encourages density. Lang said a light rail system could persuade fewer people to live on the periphery of the valley and thereby fulfill the mission of land conservation and increased residential density.

It’s not clear, but Lang estimated anywhere from a couple hundred million to a billion dollars. The amount would depend on how much land the BLM would be willing to sell and whether officials would allocate the money to a light rail project.

Farebox revenue

OTHER LOCAL FUNDING OPTIONS n Tax increment

financing and special assessment districts Taxes and fees can be applied to a group of properties to fund transit construction or other improvements within a specific area.

Money generated from charging fares to public transit riders can be used as collateral for revenue bonds. That type of financing was used to pay for the Bay Area Rapid Transit in San Francisco, the Metropolitan Transit Authority in Los Angeles and the Regional Transit Authority in Chicago.

n Public-private partnership Public agencies can form partnerships with private entities to construct, manage or operate projects such as a light rail system. In exchange for an upfront investment, the private entity typically receives a portion of fare revenue.

the cost of free transit While some people argue that mass transit in Las Vegas would be a public service and therefore should be free, the RTC isn’t considering free light rail because fares could provide important funding for the project, both to back revenue bonds and to entice a private company to invest in the system.

That said, if there were a way to build light

rail and provide free rides, Quigley would be open to hear it.

“If the community supported free transit and we could find a funding mechanism for it, we certainly could see exploring that conversation,” Quigley said.

Denver, Colo., and Trenton, N.J., experimented with fare-free transit in the late 1970s, as did Austin, Texas, in 1989, and

all were considered unsuccessful. Fare-free systems, however, have succeeded for smaller transit systems in Commerce, Calif., and Amherst, Mass.

Because free mass transit hasn’t been attempted many places, it’s difficult to know how much making a Las Vegas system free would cost. Fares typically pay for all or some of the costs of operation and maintenance.

17

vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

Calendar of events Wednesday, Jan. 20 Southern Nevada CCIM Chapter luncheon Time: 11:30 a.m.-1:30 p.m. Cost: $60 Location: Palms, 4321 W. Flamingo Road, Las Vegas Information: Visit snccim.org Exchange business cards with professionals in the commercial and investment real estate industries and plan for the new year.

State of Economic Development breakfast Time: 7-8:30 a.m. Cost: $50 for early bird registration, $60 on the day of the event Location: Four Seasons, 3960 Las Vegas Blvd.

South, Las Vegas Information: Email veronicat@lvgea.org Steve Hill of the Governor’s Office of Economic Development and Jonas Peterson of the Las Vegas Global Economic Alliance will speak about Nevada’s economy and what to expect in 2016.

Thursday, Jan. 21

Saturday, Jan. 23

Clark County Bar Association luncheon Time: Check-in begins at 11:30 a.m. Cost: Free Location: Place on 7th, 115 N. Seventh St., Las Vegas Information: Visit clarkcountybar.org Mark Rowland, CEO of DTP Ventures, will speak about changes to downtown Las Vegas. There also will be a welcoming presentation for incoming bar association president Cathy M. Mazzeo.

Women’s Club of Summerlin installation luncheon Time: 11 a.m.-1 p.m. Cost: $35 Location: Canyon Gate Country Club, 2001 Canyon Gate Drive, Las Vegas Information: Email sylvia.dechandt@gmail.com Get to know the members of the Women’s Club of Summerlin and welcome new officers for 2016.

NAIOP Commercial Real Estate Development Association Southern Nevada Chapter: Forecast 2016 - Finding a Way Back Time: 8 a.m.-12 p.m. Cost: $60 for early registration, free for president’s circle sponsors, $80 for registration without RSVP Location: Orleans, 4500 W. Tropicana Ave., Las Vegas Information: Visit naiopsouthernevada.wildapricot.org Local experts will give a short-term future market analysis and economic forecast, as well as discuss national commercial real estate trends.

TUESDAY, JAN. 26 BOMA Nevada breakfast meeting Time: Registration begins at 7:30 a.m. Cost: $35 for members with advance registration, $40 for nonmembers with advance registration, $45 for members without advance registration, $40 for nonmembers without advance registration Location: Las Vegas Country Club, 3000 Joe W. Brown Drive, Las Vegas Information: Visit bomanevada.org Christopher Hoye of the U.S. Marshals Service will discuss precautions people can take in light of recent terror attacks.

Thursday, Jan. 28 North Las Vegas State of the City Time: 11:30 a.m.-1 p.m. Cost: $45 Location: Texas Station, 2101 Texas Star Lane, North Las Vegas Information: Visit cityofnorthlasvegas.com Mayor John Lee will discuss North Las Vegas’ economic outlook, while Las Vegas Metro Chamber of Commerce President and CEO Kristin McMillan will provide a business outlook.

Asian Chamber of Commerce luncheon Time: 11:30 a.m.-1 p.m. Cost: $35 for members, $45 for nonmembers Location: Gold Coast, 4000 W. Flamingo Road, Las Vegas Information: Visit lvacc.org Rick Arpin of MGM Resorts International will speak about T-Mobile Arena, the AEG/MGM project being built between the Monte Carlo and New York-New York.

Friday, Jan. 29 Preview Las Vegas 2016 Time: 7 a.m.-1:30 p.m. Cost: $65 for members and trustees, $85 for nonmembers Location: UNLV, 4505 S. Maryland Parkway, Las Vegas Information: Visit PreviewLasVegas.com Network with almost 2,000 business professionals and learn about key business indicators from experts during the Las Vegas Metro Chamber of Commerce’s largest business forecasting and networking event of the year.

Conventions

expected Show Location Dates attendance

Kitchen and Bath Industry Show

Las Vegas Convention Center

Jan. 19-21

33,000

International Builders Show

Las Vegas Convention Center

Jan. 19-21

60,000

Shooting, Hunting and Outdoor Trade Show

Sands Expo and Convention Center

Jan. 19-22

62,000

Surfaces 2016

Mandalay Bay

Jan. 20-22

25,000

AVN Adult Entertainment Expo

Hard Rock Hotel

Jan. 20-23

25,000

Sports Licensing and Tailgate Show

Las Vegas Convention Center

Jan. 24-26

4,000

Las Vegas Market – Winter

World Market Center

Jan. 24-28

50,000

Bick International - Coin, Currency, Jewelry and Stamp Expo

Las Vegas Convention Center

Jan. 28-30

1,000

Vacuum Dealers Trade Association VDTA 2016 Annual Tradeshow

Las Vegas Convention Center

Jan. 28-30

2,600

18

Vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

Records and Transactions BANKRUPTCIES CHAPTER 7 RLP-Comstock DR LLC 316 Lingering Lane Henderson, NV 89102 Attorney: RLP-Comstock DR LLC

CHAPTER 11 Elm Uptown Acquisition LLC 4325 Dean Martin Drive, Unit 340 Las Vegas, NV 89103 Attorney: Samuel A. Schwartz at sam@nvfirm.com Mohave Agrarian Group LLC 8912 Spanish Ridge Ave. Las Vegas, NV 89148 Attorney: Brett A. Axelrod at baxelrod@foxrothschild.com

BID OPPORTUNITIES TUESDAY, JAN. 19 3 p.m.

ARC for fasteners Clark County, 603815 Chetan Champaneri at chetanc@ clarkcountynv.gov

THURSDAY, JAN. 21 2:15 p.m.

Fire Station No. 22: Fuel station installation Clark County, 603931 Ashley Blanco at ashley.blanco@ clarkcountynv.gov 2:15 p.m.

Eastern Avenue: Wigwam to Warm Springs, Serene to I-215 and I-215 ramps Clark County, 603879 Ashley Blanco at ashley.blanco@ clarkcountynv.gov 3 p.m.

Legal service to obtain permanent guardianships for children in county’s custody Clark County, 603933 Sherry Wimmer at sherryw@ clarkcountynv.gov

FRIDAY, JAN. 22 2:15 p.m.

Traffic safety and roadway improvements: Buffalo Drive, Gomer Road to Richmar Avenue Clark County, 603903 Tom Boldt at tboldt@clarkcountynv.gov

BROKERED TRANSACTIONS SALES $2,002,600 for 16,864 square feet, office/industrial 7115 Bermuda Road, Las Vegas 89119 Seller: Silver State Gateway Ltd.

Seller agent: Did not disclose Buyer: McBeath Holdings LLC Series TT Buyer agent: Greg Pancirov and Mike DeLew of Colliers International $1,510,000 for 113 units, motel 704 Nevada Highway, Boulder City 89005 Seller: US Bankruptcy Trustee Seller agent: Charles Connors Buyer: Bal Gosal Buyer agent: Did not disclose $1,147,825 for 6,559 square feet, office 6690 Montecito Parkway, Las Vegas 89149 Seller: 6630 Grand Montecito LLC Seller agent: Stacy Scheer, Grant Traub and Chris Connell of Colliers International Buyer: MTM Investment LLC Buyer agent: Did not disclose $1,400,000 for 91 spaces, mobile home park 1501 Nevada Highway, Boulder City 89005 Seller: US Bankruptcy Trustee Seller agent: Charles Connors of Colliers International Buyer: RPS Homes Buyer agent: Did not disclose $1,000,000 for 1.4 acres, land Southwest corner of Craig and Revere Street, Las Vegas Seller: RREF II - K1 Promenada LLC Seller agent: Lauren Tabeek of Voit Buyer: Upper Image Services Buyer agent: Tony Amato of Avison Young

LEASES $701,400 for 14,028 square feet for 62 months, retail 6525 S. Fort Apache Road, Las Vegas 89148 Landlord: Montery Vista Village Shopping Center Landlord agent: Liz Clare and Jackie Young of Avison Young Tenant: Dollar Tree Stores Tenant agent: Lisa Callahan of Sage Commercial Advisors $272,640 for 3,200 square feet for 63 months, retail, NNN investment 213 N. Stephanie St., Suites H and I, Henderson 89074 Landlord: Roxbury Advisors LLC Landlord agent: Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank Tenant: Pacific Fitness Inc. Tenant agent: Martin M. Toumaian of Keller Williams Realty $154,800 for 1,600 square feet for 60 months, retail, NNN investment 237 N. Stephanie St., Suite J, Henderson 89074 Landlord: Roxbury Advisors LLC Landlord agent: Nelson Tressler and Michael Zobrist of Newmark

Grubb Knight Frank Tenant: Jin Kuk You Tenant agent: Celine Kim of United Realty Group $82,343 for 1,185 square feet for 60 months, office 2675 S. Jones Blvd., Suite 103, Las Vegas 89146 Landlord: 12KP Family Trust Landlord agent: Soozi Jones Walker and Bobbi Miracle of Commercial Executives Real Estate Services Tenant: Custom Fit Franchise Solutions LLC Tenant agent: Did not disclose

BUSINESS LICENSES

Owner: Ramiro Ruiz Quiroz RJK Asset Management Inc. License type: Business support Address: 10501 W. Gowan Road, Suite 260, Las Vegas 89129 Owner: Robert J. Keyes Jr. Robert John Bartholomew License type: Photography Address: Did not disclose Owner: Robert J. Bartholomew Sam Auctions License type: Auction and auctioneers Address: 7530 W. Lake Mead Blvd., Las Vegas 89128 Owner: Surplus Asset Management Inc.

Office Works License type: Business support Address: 1717 S. Decatur Blvd., Suite B28, Las Vegas 89102 Owner: Elizabeth Donner

Santa Ana Tire License type: Automotive garage Address: 1961 E. Charleston Blvd., Las Vegas 89101 Owner: Jose Hernan Soilis

On the Edge Promotions Inc. License type: Professional promoter Address: 2360 Corporate Circle, Suite 400, Las Vegas 89074 Owner: Paul Smith

Save-A-Lot License type: Grocery Address: 6100 Vegas Drive, Las Vegas 89108 Owner: Moran Foods LLC

Pampered by Penne License type: Independent massage therapist Address: Did not disclose Owner: Penelope Lohr

Seda License type: Janitorial service Address: 3701 Bordley Way, North Las Vegas 89030 Owner: Jose Garza

Paper King LLC License type: General services Address: Did not disclose Owner: Mark Giarratana

Sheri A. Ayres License type: Real estate sales Address: 706 S. Eighth St., Las Vegas 89101 Owner: Sheri A. Ayres

Patricia E. Gaither License type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas 89104 Owner: Patricia E. Gaither Planet Fitness License type: Fitness center Address: 260 E. Lake Mead Parkway, Henderson 89015 Owner: Planet Fitness Pool Masters License type: Residential property maintenance Address: Did not disclose Owner: Clarity Services LLC Power Play Sportscards License type: Sales - sports card Address: 1300 W. Sunset Road, Henderson 89014 Owner: Power Play Sportscards Premier Medical Billing Services Inc. License type: Business support Address: 5715 W. Alexander Road, Suite 155, Las Vegas 89130 Owner: Mechelle Patton Professional Tree Service License type: Residential property maintenance Address: Did not disclose

Smog Be Gone License type: Automotive garage Address: 2401 N. Decatur Blvd., Las Vegas 89108 Owner: Alterdo Investments LLC Smoke and Mini Mart License type: Sales - tobacco Address: 2249 N. Green Valley Parkway, Henderson 89014 Owner: Smoke and Mini Mart Sposato Staffing LLC License type: Employment agency Address: 6455 Dean Martin Drive, Suite E, Las Vegas 89118 Owner: Perlita Iniguez Stephen Newman Authorized Dealer of Snap License type: Sales Address: 127 Sterling Drive, Henderson 89015 Owner: Stephen Newman Authorized Dealer of Snap Steve Arrington Agency License type: Insurance agency Address: 4530 E. Charleston Blvd., Suite D-3, Las Vegas 89110 Owner: William Arrington Stoned N Baked

License type: Food services or cafe Address: 707 Fremont St., Suite 2310, Las Vegas 89101 Owner: Tomorrow People LLC Sushi Bar Sage License type: Restaurant Address: 4408 N. Rancho Drive, Las Vegas 89130 Owner: Hazel LLC Telrite Corp.

License type: Professional services Address: 4113 Monticello St., Las Vegas 30014 Owner: Kelly Jessel Terramind LLC License type: Hypnotherapy Address: 8987 W. Flamingo Road, Las Vegas 89147 Owner: Anita Babinszki-Saldana The Genesis of Hair & Beyond License type: Cosmetics Address: 1815 W. Charleston Blvd., Suite 2, Las Vegas 89102 Owner: JDW Corp.

The Hammer Co. LLC License type: Management or consulting service Address: Did not disclose Owner: Ian Hammer The Lucky Little Chapel Downtown License type: Photography Address: 707 Fremont St., Suite 3330, Las Vegas 89101 Owner: Jaxon Enterprises Inc. The UPS Store License type: UPS store franchise Address: 2657 Windmill Parkway, and 4616 W. Sahara Ave., Suite 1, Henderson 89074 Owner: The UPS Store Three Rs Trust Co. LLC License type: Trust company Address: 2300 W. Sahara Ave., Suite 800, Las Vegas 89102 Owner: Lewis Linn Toro Tax Services License type: Business support Address: 4532 W. Charleston Blvd., Las Vegas 89107 Owner: Maria Galindo Travel Associates License type: Travel or ticket agency Address: 516 Holick Ave., Henderson 89011 Owner: Travel Associates Twenty47Atm Inc. License type: Automated teller operator Address: 3851 Pennwood Ave., Suite 165 and 8251 W. Charleston Blvd., Las Vegas 89102 Owner: Joshua R. Works U Star Mobile Taxes License type: Business support Address: 800 N. Rainbow Blvd., Suite 140, Las Vegas 89107

19

vegas inc

your Business-to-business news

jan. 17 - jan. 23

Send your business-related information to news@vegasinc.com

Records and Transactions Owner: U Star Communications LLC Ultra Express LLC Shuttle Co. License type: Travel and ticket agency Address: 3001 E. Charleston Blvd., Suite H, Las Vegas 89101 Owner: Ultra Express LLC V Squad Productions License type: Professional promoter Address: 5645 Wedgefield St., Las Vegas 89081 Owner: Vegas Squad Productions LLC Vigilante Photography Inc. License type: Photography Address: Did not disclose Owner: James Vigilante Vogl Construction LLC License type: Contractor Address: 35 N. Mojave Road, Las Vegas 89101 Owner: Jeffrey Vogl Wafa Abu-Hashish License type: Real estate sales Address: 6628 Sky Pointe Drive, Suite 200, Las Vegas 89131 Owner: Wafa Abu-Hashish LLC Weiliang Ping License type: Reflexologist Address: 9480 S. Eastern Ave., Suite 175, Henderson 89074 Owner: Weiliang Ping Women’s Health Associates of Southern NV License type: Medical office Address: 861 Coronado Center Drive, Suite 131, Henderson 89052 Owner: Women’s Health Associates of Southern NV

AGC Design LLC License type: General retail sales Address: 2620 Regatta Drive, Suite 102, Las Vegas 89128 Owner: Cheryline Phillip

Body Spa Downtown License type: Cosmetics Address: 725 Las Vegas Blvd.

South, Suite 240, Las Vegas 89101 Owner: Body Spa Inc.

Ameripro Home Loans License type: Mortgage lending Address: 1489 W. Warm Springs Road, Suite 110, Henderson 89014 Owner: Ameripro Home Loans

Bombshell LV LLC License type: Cosmetics Address: 150 Las Vegas Blvd.

North, Suite 140, Las Vegas 89101 Owner: Bombshell Enterprises LLC

Anniys Massage Spa License type: Massage establishment Address: 8000 W. Sahara Ave., Suite 140, Las Vegas 89117 Owner: Qinqi Lu

Breakthru Beverage Nevada LLC License type: Interjurisdictional business Address: 1849 Cheyenne Ave., North Las Vegas 89032 Owner: Breakthru Beverage Nevada LLC

Arias Music Co. License type: Phonograph store Address: 2021 E. Charleston Blvd., Las Vegas 89101 Owner: Richard Garcia Artistic Powder Coating and Plasma Cutting License type: Manufacturing, light assembly and fabrication Address: 105 W. Charleston Blvd., Las Vegas 89102 Owner: American Powder Coating and Plasma Cutting LLC Azteca Services License type: Business support Address: 1705 S. Eastern Ave., Las Vegas 89104 Owner: Azteca Services Corp.

Barspout License type: General retail sales Address: Did not disclose Owner: Barspout LLC

Zen Me LLC License type: Healing spa Address: 80 N. Pecos Road, Suite A, Henderson 89074 Owner: Zen Me LLC

Battle Born Landscape Architecture LLC License type: Residential property maintenance Address: 2052 Vegas Valley Drive, Las Vegas 89169 Owner: Kenon Burns

A Travel Desk License type: Travel or ticket agency Address: 89 Day Trade St., Suite 3, Henderson 89074 Owner: A Travel Desk

BKS Group LLC License type: Rental property Address: 3434 Aristos Ave., North Las Vegas 89030 Owner: BKS Group LLC

ABC ATM License type: Automated teller operator Address: 2307 Las Vegas Blvd.

South, Las Vegas 89104 Owner: Abcatm LLC

BKS Vape N Smoke LLC License type: Sales - vapes Address: 5725 Losee Road, North Las Vegas 89081 Owner: BKS Vape N Smoke LLC

Abebe Courier & Delivery License type: Sales/service Address: 3417 Conterra Park Ave., North Las Vegas 89081 Owner: Solomon Bereket AFW Cleaning LLC License type: Janitorial service Address: 4107 W. Cheyenne Ave., North Las Vegas 89030 Owner: AFW Cleaning LLC

Black Ecco License type: General retail sales Address: Did not disclose Owner: Black Ecco LLC

Bob’s Smoke Shop License type: Sales/service Address: 150 E. Centennial Parkway, North Las Vegas 89084 Owner: Platinum Management Group 3 LLC

Brenda Chavez License type: Real estate sales Address: 7495 W. Azure Drive, Suite 206, Las Vegas 89130 Owner: Brenda Chavez Brush Boutique Salon License type: Cosmetics Address: 1501 W. Sahara Ave., Las Vegas 89109 Owner: Titojimy LLC BSR Plumbing Inc. License type: Contractor Address: Did not disclose Owner: Andrean Borisov BST LLC License type: Management or consulting service Address: Did not disclose Owner: BST Conference Event Management LLC Camila Wireless License type: General retail sales Address: 4421 E. Bonanza Road, Las Vegas 89110 Owner: Diana Cabrera Casa Blanca License type: Banquet or event establishment Address: 1401 Las Vegas Blvd.

North, Las Vegas 89101 Owner: Daniel Leon Certified Pools & Spas License type: Residential property maintenance Address: Did not disclose Owner: Charles Mccally Claymore Development LLC License type: Consulting service Address: 72 John Stuart Mill St., Henderson 89002 Owner: Claymore Development LLC Clearinghouse CDFI License type: Finance company Address: 2300 W. Sahara Ave., Suite 1110, Las Vegas 89102 Owner: Clearinghouse Community Development Financial Institute Clinical Research Advantage License type: Clinic Address: 6301 Mountain Vista St., Suite 109, Henderson 89014 Owner: Clinical Research Advantage Contreras Landscape License type: Residential property maintenance Address: Did not disclose Owner: Gerardo Contreras-Lemus Copper Hills License type: Apartment Address: 981 Whitney Ranch Drive, Henderson 89014 Owner: Copper Hills Cozy Air LLC License type: Contractor Address: 3717 Rose Canyon Drive, North Las Vegas 89030 Owner: Cozy Air LLC Creative Behavioral Connections License type: Professional services Address: 5803 W. Craig Road, Suite 106, Las Vegas 89130 Owner: Creative Behavioral Connections LLC Credit Repair Doctor

License type: Business support Address: 3228 N. Rancho Drive, Las Vegas 89130 Owner: Zyzzyx De Etta L. Ewing Architecture Design Planning License type: Professional services Address: 3030 S. Durango Drive, Las Vegas 89117 Owner: De Etta L. Ewing, Architecture Design Planning PLLC DF Desert Inn LLC License type: Sales/service Address: 810 E. Lake Mead Blvd., North Las Vegas 89030 Owner: Neo Nevada Desert Inn LLC DK Juhl LLC License type: Apartment house Address: 353 E. Bonneville Ave., Las Vegas 89101 Owner: DK LV Mezz LLC DK Ogden LLC License type: Apartment house Address: 150 Las Vegas Blvd.

North, Las Vegas 89101 Owner: DK LV Mezz LLC Dollar Tree License type: General retail sales Address: 3489 E. Owens Ave., Las Vegas 89101 Owner: Dollar Tree Stores Inc. Dusty Ritter Gymnastics LLC License type: Multivendor Address: 850 Las Vegas Blvd.

North, Las Vegas 89101 Owner: Craig Ritter Elemental Flow Props Ltd. License type: Manufacturing, light assembly and fabrication Address: 9595 Gatesville Ave., Las Vegas 89148 Owner: Cody Phillips-Turner Erin Brewer License type: Real estate sales Address: 10000 W. Charleston Blvd., Las Vegas 89145

Own Your Own Franchise HELPING ENTREPRENEURS FIND THE BEST FRANCHISE OPPORTUNITIES Let franchise consultant Sarah Brown help determine the best franchise business for you! Sarah will work personally with you through the franchise process on your way to franchise ownership for FREE.

Sarah Brown | FranNet of Las Vegas sbrown@frannet.com | 702-378-7921 www.frannet.com/sbrown

20

Vegas inc

jan. 17 - jan. 23

your Business-to-business news Send your business-related information to news@vegasinc.com

Records and Transactions Owner: Erin Brewer Escape Salon & Spa License type: Salon and spa Address: 1450 W. Horizon Ridge Parkway, Suite A506, Henderson 89012 Owner: Escape Salon & Spa Evergreen Designer Lawns License type: Residential property maintenance Address: Did not disclose Owner: Roger E. Guinn Evergreen Lawn Services License type: Property maintenance Address: 2509 Jubilance Point Court, North Las Vegas 89032 Owner: Evergreen Lawn Services Evergreen Organix License type: Medical marijuana cultivation facility Address: 3480 W. Hacienda Ave., Las Vegas 89118 Owner: NV 3480 Partners LLC EvoLVe Family Life Coaching License type: Instruction services Address: Did not disclose Owner: Anette Kleeberg-Heske Expo Nails License type: Cosmetics Address: 3872 W. Sahara Ave., Las Vegas 89102 Owner: Thuy Trang Thi Nguyen Exquisite Granite & Gems License type: General retail sales Address: 1717 S. Decatur Blvd., Suite H28, Las Vegas 89102 Owner: Rabina Rosequist Eye Tactics License type: School Address: 8661 W. Sahara Ave., Las Vegas 89117 Owner: Leridz Enterprises LLC EyeQ-MGM Inc. License type: General retail sales Address: 3021 S. Valley View Blvd., Suite 108, Las Vegas 89102 Owner: Kuang-Hua Lai Falcon Healthcare Systems License type: General retail sales Address: 10501 W. Gowan Road, Suite 160, Las Vegas 89129 Owner: Falcontek Inc. Felipes Tacos & Restaurant License type: Restaurant Address: 1002 N. Rancho Drive, Las Vegas 89106 Owner: Felipe’s Inc.

Address: 1600 Las Vegas Blvd.

South, Suite 140, Las Vegas 89104 Owner: Fernando Vargas FFA Group LLC License type: Professional services Address: 1810 E. Sahara Ave., Suite 100, Las Vegas 89104 Owner: Verenice Flores Fisher Artistry License type: General retail sales Address: 8751 W. Charleston Blvd., Suite 190, Las Vegas 89117 Owner: Fisher Artistry LLC Frank Rosenthal License type: Real estate sales Address: 8400 W. Sahara Ave., Suite B, Las Vegas 89117 Owner: Frank Rosenthal

BUILDING PERMITS $3,007,164, commercial - addition 3040 Simmons St., North Las Vegas Burr Computer Environments Inc. $500,003, office 314 S. Water St., Henderson Blue Skye Development LLC $499,991, tenant improvement offices 314 S. Water St., Henderson Blue Skye Development LLC $314,997, electrical 3901 Donna St., North Las Vegas T&M Controls Inc. $310,000, commercial - addition 7451 Eastgate Road, Henderson Albrecht LV LLC $300,623, roof-mounted photovoltaic system 402 Estella Ave., Las Vegas SolarCity Corp. $250,000, tenant improvement offices 1111 N. Town Center Drive, Las Vegas LF Harris and Company Inc. $229,452, residential - production 2795 Richmar Ave., Henderson Ryland Homes Nevada LLC $206,700, HVAC exact change out 8109 Sunset Cove Drive, Las Vegas Yes Air Conditioning & Plumbing $203,258, single-family residential - production 12121 Hermesa Colina Ave., Las Vegas Woodside Homes of Nevada LLC

$194,401, single-family residential - production 9974 Rams Leap Ave., Las Vegas Woodside Homes of Nevada LLC $181,244, single-family residential - production 12125 Hermesa Colina Ave., Las Vegas Woodside Homes of Nevada LLC $179,693, single-family residential - production 9643 Ashlynn Peak Court, Las Vegas Richmond American Homes of Nevada $178,060, residential - new 2405 Gala Haven Court, North Las Vegas Richmond American Homes of Nevada $174,675, residential - new 5717 Tideview St., North Las Vegas D.R. Horton Inc. $174,040, wall/fence 212 Antelope Ridge Drive, Las Vegas Cedco Inc. $170,509, residential - new 5721 Tideview St., North Las Vegas D.R. Horton Inc. $161,914, residential - production 147 Littlestone St., Henderson KB Home Nevada Inc. $159,714, rehabilitation 329 Duchess Ave., North Las Vegas HP Enterprises Inc. $158,479, residential - new 4013 Celebration Cove St., North Las Vegas Richmond American Homes of Nevada $156,202, residential - production 148 Littlestone St., Henderson KB Home Nevada Inc. $147,164, residential - production 683 Narissa Ave., Henderson Hacienda Trails LLC $147,164, residential - production 2476 Dragon Fire Lane, Henderson Hacienda Trails LLC $142,839, residential - production 2158 County Down Lane, Henderson Toll Henderson LLC $142,395, residential - production 2131 Emyvale Court, Henderson KB Home Inspirada LLC

William Lyon Homes Inc.

Woodside Homes of Nevada LLC

$142,050, residential - new 5041 Alejandro Way, North Las Vegas William Lyon Homes Inc.

$114,802, single-family residential - production 9936 Wildhorse Canyon Ave., Las Vegas Woodside Homes of Nevada LLC

$141,802, single-family residential - production 10016 Wildhorse Canyon Ave., Las Vegas Woodside Homes of Nevada LLC

$114,171, residential - production 489 Cadence View Way, Henderson Richmond American Homes of Nevada

$139,900, residential - production 1322 Reef Point Ave., Henderson Ryland Homes Nevada LLC

$113,617, residential - production 1126 N. Water St., Henderson Richard Austin White

$139,734, residential - production 681 Narissa Ave., Henderson Hacienda Trails LLC

$113,617, residential - production 517 Cadence Way, Henderson Richmond American Homes of Nevada

$137,294, residential - production 694 Tidal Flats St., Henderson KB Home LV Pearl Creek LLC $132,359, residential - production 679 Narissa Ave., Henderson Hacienda Trails LLC $129,475, residential - production 149 Littlestone St., Henderson KB Home Nevada Inc. $129,039, residential - new 3644 Fuselier Drive, North Las Vegas Richmond American Homes of Nevada $128,644, residential - production 916 Tasker Pass Ave., Henderson Ryland Homes Nevada LLC $125,553, residential - new 5037 Alejandro Way, North Las Vegas William Lyon Homes Inc. $122,721, residential - production 2112 Emyvale Court, Henderson KB Home Inspirada LLC $119,872, residential - new 5725 Tideview St., North Las Vegas D.R. Horton Inc. $118,103, residential - new 115 Heathrow Lake Ave., North Las Vegas Woodside Homes of Nevada LLC $117,368, residential - new 5044 Alejandro Way, North Las Vegas William Lyon Homes Inc. $117,368, residential - new 5045 Alejandro Way, North Las Vegas William Lyon Homes Inc.

Fernando Banuelos License type: Real estate sales Address: 581 Fork Mesa Court, Las Vegas 89015 Owner: Fernando Banuelos

$203,258, single-family residential - production 12113 Paseo Terraza Lane, Las Vegas Woodside Homes of Nevada LLC

$142,050, residential - new 5036 Alejandro Way, North Las Vegas William Lyon Homes Inc.

$117,276, residential - production 910 Harbor Ave., Henderson KB Home LV Pearl Creek LLC

Fernando Vargas License type: Bail agent/enforcement agent

$195,904, residential - production 2819 Candelaria Drive, Henderson Ryland Homes Nevada LLC

$142,050, residential - new 5040 Alejandro Way, North Las Vegas

$115,303, residential - new 119 Heathrow Lake Ave., North Las Vegas

$110,125, residential - new 5729 Tideview St., North Las Vegas D.R. Horton Inc. $107,961, residential - production 143 Littlestone St., Henderson KB Home Nevada Inc. $107,298, perimeter retaining wall 1221 Lake Heights Court, Henderson D.R. Horton Inc. $106,890, mechanical 1111 N. Town Center Drive, Las Vegas Hansen mechanical Contract Inc. $103,192, residential - production 463 Fortissimo St., Henderson Richmond American Homes of Nevada $102,859, residential - production 915 Harbor Ave., Henderson KB Home LV Pearl Creek LLC $102,527, residential - production 716 Sea Coast Drive, Henderson KB Home LV Pearl Creek LLC $100,475, residential - production 2128 Via Firenze, Henderson KB Home Inspirada LLC $100,475, residential - production 3156 Del Terra Ave., Henderson KB Home Inspirada LLC $98,260, residential - new 5733 Tideview St., North Las Vegas D.R. Horton Inc. $95,500, tenant improvement banquet hall 4437 W. Charleston Blvd., Las Vegas Showcase Contracting LLC $94,242, single-family residential - production 7522 Whitman Colonial St., Las Vegas Woodside Homes of Nevada LLC

To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/subscribe.

22

Vegas inc

your Business-to-business news

jan. 17 - jan. 23

The List

Send your business-related information to news@vegasinc.com

To receive a complete copy of Data Plus every week in Excel, which includes the full List, visit vegasinc.com/subscribe.

Category: taxicab operators (Ranked by first 11 months of 2015 revenue

Company

Revenue

Trips

Revenue per trip

Medallion plates Companies

Top executive

1

Frias Transportation Management 5010 S. Valley View Blvd.

Las Vegas, NV 89118 702-798-3400 • lvcabs.com

$102.2 million

7 million

$14.60

1,101

ANLV Cab, Ace Cab, Union Cab, Vegas Western Cab, Virgin Valley Cab

John Marushok, CEO

2

Yellow Checker Star Transportation 5225 W. Post Road Las Vegas, NV 89118 702-873-2000 • ycstrans.com

$101.9 million

6.8 million

$14.98

1,181

Checker Cab Co., Star Cab Co., Yellow Cab Co.

Bill Shranko, CEO

3

Bell Trans 1900 S. Industrial Road Las Vegas, NV 89102 702-739-7990 • belllimousine.com

$59.4 million

3.9 million

$15.24

451

Henderson Taxi, Whittlesea Blue Cab Co.

Brent Bell, CEO

4

Desert Cab 4675 Wynn Road Las Vegas, NV 89103 702-386-9102 • desertcabinc.com

$36.9 million

2.1 million

$17.56

199

Desert Cab

George Balaban, owner

5

Nellis Cab Co. 5490 S. Cameron St. Las Vegas, NV 89118 702-248-1111 • nelliscab.com

$32 million

1.9 million

$16.84

194

Nellis Cab Co.

Michelle Langille, CEO

6

Western Cab Co. 801 S. Main St. Las Vegas, NV 89101 702-736-8000 • westerncabcompany.com

$24.5 million

1.6 million

$15.32

198

Western Cab Co.

Did not disclose

7

Lucky Cab Co. 4195 W. Diablo Drive Las Vegas, NV 89118 702-477-7555 • luckylimolv.com/luckycab

$23.9 million

1.5 million

$15.95

154

Lucky Cab Co.

Did not disclose

8

A-Cab Co. 1500 E. Searles Ave. Las Vegas, NV 89101 702-365-1900 • acablv.com

$11.8 million

699,666

$16.88

115

A-Cab Co.

John Gathright, general manager

9

Deluxe Cab Co. 6055 Emerald Ave. Las Vegas, NV 89122 702-568-7700 • deluxetaxicabservice.com

$7 million

373,452

$18.89

106

Deluxe Cab Co.

Did not disclose

Source: The Nevada Taxicab Authority and Vegas INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.

Adopt

Foster

Donate

Rescue Your New Best Friend Today!

Visit our website for up to date information:

WAGGINGTAILSRESCUE.ORG

Contact us at: ADOPT@WAGGINGTAILSRESCUE.ORG

A

Small Investment NOW

Yields Valuable

Dividends LATER. Disadvantaged children who attend quality early education programs are 31% more likely to graduate from high school, 80% more likely to attend college, and 23% more likely to be employed as adults.

Without the fundamental building blocks of learning in place, a child is much more likely to struggle in school – and in life. The future of our economy begins with teaching our children to learn.

See more at: StrongStartNevada.org

me