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2017-09-03 - VEGAS INC - Las Vegas

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vegasinc.com | september 3-9, 2017

Gov. Brian Sandoval and RTC General Manager Tina Quigley sign a box culvert used in the Interstate 11 project during a groundbreaking ceremony near Boulder City in 2015. (Steve Marcus/sunday file)

A country mile A vision that stretches from Mexico to Canada looks for traction By Mick Akers |

Staff Writer

It’s only a modest 2.5 miles of a long-term plan to better connect Las Vegas and Phoenix — the two largest cities in the U.S. not currently linked by an interstate — and a longer-term dream to link Mexico, the U.S and Canada. But last month’s opening of the first local phase of Interstate 11 between Henderson and Boulder City was a culmination of INT ERSTATE 11, Contin ued on page 17

5,300

Amount of full-length movies that could possibly be stored on a postage stamp-size hard drive, using new research from students at the University of Manchester.

43%

Decrease in price for organic Fuji apples at Whole Foods after the Amazon acquisition. Many other prices have been reduced with the promise of more to come.


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VEGAS INC SEPT. 3- SEPT. 9

CONTENTS GROUP PUBLISHER Gordon Prouty ASSOCIATE PUBLISHER Breen Nolan

NOTEWORTHY STORIES

06 08 18 Q&A WITH DOUGLAS SHUSTER AND CURT ALLSOP

The executive managing directors and partners at Newmark Knight Frank discuss trends in the Las Vegas real estate market, the geographical and governmental protections that affect development here, and the importance of being good corporate citizens. THE NOTES Giving, P4

MEET TRUFUSION

Mike Borden and Martin Hinton’s edgy fitness studio offers upscale, spalike environment with a variety of classes incorporating several elements. Their goal, Borden says, is to empower their clients in and out of the gym. TALKING POINTS Economic indicators to watch the rest of 2017, P9

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, P20 The List: Convention centers, P22

EDITORIAL EDITOR Erin Ryan (erin.ryan@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer (ray.brewer@gmgvegas.com) STAFF WRITERS Mick Akers, April Corbin, Yvonne Gonzalez, Jesse Granger, Chris Kudialis, Thomas Moore, Cy Ryan, Camalot Todd, Ricardo Torres-Cortez COPY DESK CHIEF John Taylor GENERAL EDITOR Paul Szydelko ASSISTANT GENERAL EDITOR Adam Candee COPY EDITOR Christian Bertolaccini SPECIAL PUBLICATIONS EDITOR Craig Peterson RESEARCHER Jamie Gentner EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz OFFICE COORDINATOR Nadine Guy

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

ADVERTISING PUBLISHER OF DIGITAL MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATOR Denise Arancibia SENIOR ADVERTISING MANAGER Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn BUSINESS DEVELOPMENT SPECIALIST Sandra Segrest ACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Sue Sran ADVERTISING MANAGERS Kelly Decker, Brianna Eck, Richard Johnson, Mitch Keenan, Danielle Stone, Alex Teel

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

PRODUCTION VICE PRESIDENT OF MANUFACTURING Maria Blondeaux 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 EDITORIAL PAGE EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein

VOLUME 4, ISSUE 35 Vegas Inc (USPS publication no. 15540), 2275 Corporate Circle, Suite 300, Henderson, NV 89074 is published every Sunday except the first Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices.

(LAS VEGAS SUN ARCHIVES)

VINTAGE VEGAS: LOCAL BANK MERGES WITH GLOBAL FINANCIAL INSTITUTION First National Bank of Nevada was established in 1903 in Reno. In 1979, it was acquired by Bank of Nevada and by 1981, it had changed its name to First Interstate Bank of Nevada. With business booming in the Las Vegas Valley, the bank moved its headquarters from Reno to Southern Nevada. Pictured here the First Interstate Tower,

under construction in February 1985. The 17-story, 258,000-square-foot tower on Paradise Road, between Flamingo Road and Sands Avenue, was competed in 1986. It paved the way for the Hughes Center office complex. The tower was dubbed Hughes Center-Wells Fargo Tower, following a 1996 merger of the two banking institutions. — REBECCA CLIFFORD-CRUZ

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.


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

Brownstein Hyatt Farber Schreck’s Women Leadership Initiative helped gather nearly a ton of women’s clothing, shoes and accessories for Dress for Success Southern Nevada. Milk Money Limited owner Ray Milner, Milk Money Limited and Sierra Vista High School’s Jobs for America’s Graduates program teacher Angel Samson introduced the Las Vegas Art and Fashion Program, an educational youth fashion program for students age 14 to 20. It’s the first of its kind in the area, with support from the Las Vegas Area Council Boy Scouts of America Explorers Program. Students can learn about fashion and other art-related industries. More than 30 teenagers from area high schools participated in a runway show at Downtown Summerlin wearing fashions by Dillard’s. The teens, along with their mothers, were members of the National Charity League and Young Men’s Service League Las Vegas chapters, and have collectively performed thousands of hours of community service at dozens of nonprofit organizations. In partnership with Wells Fargo Bank and ChoiceCenter Leadership University, Habitat for Humanity Las Vegas gave the keys to a Habitat home to Tiffany Stewart, her three young children and her nephew. In partnership with ChoiceCenter Leadership University, Habitat for Humanity dedicated a home to Ana Rosas-Hernandez. Canadian Shaun Stephens-Whale set a record for climbing the stairs of the Stratosphere. He did it in 7 minutes, 3 seconds, at Scale the Strat, which raised more than $225,000 to help the American Lung Association. Steve Wynn donated $60,000 to the Las Vegas Urban League. Sunset Station employees built eight bikes for Hollingsworth Elementary School students. Dignity Health-St. Rose Dominican awarded $319,635 in grants to five

About 60 volunteers associated with the International Roofing Expo worked with Rebuilding Together Southern Nevada to provide repairs to two Henderson homes for the expo’s Community Service Day. In addition, Community Service Day sponsor Sika Sarnafil gave $20,000 to RTSNV. Other volunteers and sponsors included Damato Enterprises, ABC Supply, D & L Roofing, Carlisle Syntec Systems, Georgia Pacific, CentiMark and others. (COURTESY PHOTO) nonprofit collaborations in Henderson and Las Vegas: n $100,000 for medical care for the homeless — Catholic Charities of Southern Nevada and Volunteers in Medicine of Southern Nevada; n $100,000 for health care and navigation services — Southern NV CHIPs, Clark County Fire, Henderson Fire & Police, Las Vegas Fire, North Las Vegas Fire; n $20,000 for transportation for home-bound seniors — Boulder City Lend a Hand; n $45,000 for expansion of evidencebased programs for seniors — Osher Lifelong Learning Institute at UNLV; n $54,635 for implementing a promotoras program in Nevada — Visión y Compromiso. DeVry University launched a Veterans Resource Room at its campus at 2490 Paseo Verde Parkway, Suite 150, Henderson. Furniture for the room was donated by the Cosmopolitan. Appreciation Financial donated time

and resources to Cashman Middle School. Improvements include fresh paint, a revamped cafeteria and staff break room, and an amphitheaterstyle outdoor learning space. Chaparral High School principal Lolo James was awarded an “All in for Students Award” by Communities in Schools. 98.5 KLUC’s Gown Town raised approximately $6,000 for HELP of Southern Nevada. Previously worn formal dresses and gowns were collected at locations of Al Phillips Cleaners and sold at the event. City National Bank awarded 121 “Reading is the Way Up” literacy grants totaling more than $90,000 to support literacy-based projects as well as financial literacy to elementary, middle and high schools in Nevada, California, New York and Georgia. Nevada recipients included Courtney McMains, C.T. Sewell Elementary; Amy Ybarra, Lorna Kesterson Elementary; Christina Cozby, Dorothy Eisenberg Elementary;

Colette Forget, D’Vorr & Hal Ober Elementary; Terri Castillo, Evelyn Stuckey Elementary; Shaunna Sherman, Helen Jydstrup Elementary; Michael DeSario, Jack Dailey Elementary; Suzanne Whiddon, John C. Bass Elementary; Lyle Galante, Joseph Neal Elementary; Linda Doole, Jydstrup Elementary; Lynn Wilson, Kit Carson International Academy; Tiffanie Petersen, Lilly and Wing Fong Elementary; Virginia Mosier, Myrtle Tate Elementary; Christia Osborn-Preston, St. Elizabeth Ann Seton Catholic School; Joel Broome, West Career and Technical Academy; Jill Kotas, Wing and Lilly Fong Elementary; Marianne Ekenstam, Grant M. Bowler Elementary; and Jinnie Anderson, Addeliar Guy Elementary. Subaru of America and Subaru of Las Vegas donated $31,752.87 to Red Rock Search & Rescue and $41,711.89 to Safe Nest. Sands Cares, the charitable branch of Las Vegas Sands Corp., gave $10,000 to Communities In Schools of Nevada. Cox Charities gave $11,000 to the Animal Foundation. Nevada State Bank donated $10,000 to Make-A-Wish of Southern Nevada. The 2017 Las Vegas Polar Plunge drew more than 110 participants and raised more than $35,000 for Special Olympics Nevada. Ri Ra Las Vegas raised more than $8,000 for the St. Baldrick’s Foundation. Smithfield Foods and Albertsons donated more than 35,000 pounds of protein to Three Square Food Bank. Amerigroup Nevada donated $10,000 to After-School All-Stars Las Vegas to support the organization’s All-Star Soccer Tournament. Credit One Bank donated a total of $34,000 to HELP of Southern Nevada and Nevada Partnership for Homeless Youth.

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your Business-to-business news

Sept. 3- sept. 9

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

Q&A with Doug Schuster and Curt Allsop

Real estate advisers bullish on Las Vegas By Rebecca Clifford-Cruz | STAFF WRITER

Doug Schuster and Curt Allsop are executive managing directors and partners at Newmark Knight Frank, a firm that provides real estate advisory services to some of the largest companies in the world. Do you have any recent news you’d like to share? Schuster: The commercial real estate industry’s institutional news publication, Real Estate Alert, recently announced ARA, A Newmark Co., pushed ahead to grab the No. 2 spot for multifamily properties at the midyear point, as Newmark Knight Frank’s multifamily platform racked up a 12 percent gain in sales. NKF provides a fully integrated platform of services to multinational corporations and investors worldwide, as well as to occupiers, owners and developers of real estate on a local, regional, national and global level. I am proud to be a part of the largest multifamily brokerage team serving the Las Vegas community, complete with four knowledgeable brokers, two experienced marketing and operations professionals and one financial analyst. What’s trending in the local CRE environment, and how do you expect those to evolve in the next year or two? Schuster: Two major trends in Las Vegas commercial real estate stand out: the elevation of Las Vegas as a national and international market for investment capital, and the migration away from homeownership as more residents, particularly the younger generation, choose apartment living. Las Vegas has always drawn interest from investment capital looking for a “home.” What has changed is the market’s perception among investors. Now, the Las Vegas market is considered an acceptable risk for both private and institutional capital, from the greater U.S. as well as international sources. While gateway cities will always receive the bulk of interest from national and international investors, Las Vegas is generating more and more attention for that capital. Additionally, the high growth of multifamily development has increased investors’ interest in Las Vegas, as apartments are generally considered a less risky investment than office and retail product.

Doug Schuster and Curt Allsop df Newmark Knight Frank provide expertise and advice. (christopher devargas/Staff)

Consumer tastes are changing for living areas, reflecting technology changes and the generational shift as more millennials enter the workforce. Many younger people are actively choosing to forgo homeownership. One reason is the relative high cost of home ownership, even for entry-level homes. Another factor is the premium lifestyle offered by many new developments, including high-level amenity packages and appealing environments. These factors, combined with experience-based opportunities available at many rental communities (gatherings, cooking classes, theatres, etc.), ensure high demand and competition among potential renters, and increase interest from national capital. Allsop: Las Vegas growth expecta-

tions and return potential for real estate investments outperform virtually every other market in the country. Las Vegas was slower to recover than many of the coastal and primary markets, which were providing significant growth potential, but today, growth expectations for these markets have flattened, or in some cases declined, while Las Vegas growth is predicted to remain strong for years to come. Additionally, cap rates in Las Vegas continue to be attractive to investors, providing better yield than the majority of competing markets. What is the best business advice you’ve received, and what advice would you share with a potential investor? Schuster: My best business advice

centers around two concepts: Location always matters, and pay attention. Generally, investors who watch their assets’ ongoing operations carefully do better in the long run. These two concepts are particularly important in Las Vegas; this market is relatively new — it didn’t exist until the 1950s and began to flourish in the 1970s. Only about 10 percent of multifamily ownership in Las Vegas is local; the rest are owned by outside capital. New investors and owners in the market need to be strategic with location, as the market changes quickly. Owners need to walk properties, read financials and stay apprised of the transient Las Vegas market. The multifamily market is highly demanding, with high turnover. Cleanliness, maintenance and curb


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

appeal remain vitally important and owners need to be willing to invest the necessary capital to protect and/ or leverage their investments. Allsop: The best advice I’ve received is to be competent through education and experience, yet humble in approach. What’s the biggest issue facing Southern Nevada’s real estate climate? Schuster: The biggest issue is the impact of economic cycles outside the control of the investment community. As a tourist destination fundamentally driven by the hospitality and gaming industry, Las Vegas does not have a big, self-sustaining economic base; we are not known for our industrial base, high-tech industry or medical facilities and, in terms of size, the market is the 26th-largest metropolitan district, with the sixthbusiest airport. As such, market drivers from outside the valley can have a big impact on Southern Nevada’s real estate climate. Allsop: It’s still surprising to me that many investors come to Las Vegas without understanding the geographical and governmental protections that affect development here. Unlike many other metropolitan areas, Las Vegas does not have an abundance of private land. About 85 percent of Nevada’s land base is managed by the federal government. Investors may be unaware that virtually all land surrounding the Las Vegas Valley is federally owned and restricted, and unavailable for purchase. Future Bureau of Land Management auctions will be for smaller infill parcels only. Nevada’s water rights are another complex issue many investors do not understand. The lack of private land in Southern Nevada contributes to the lack of water rights, and complicating the water shortage is the fact that Nevada receives very little water from Lake Mead compared with Arizona and California. If you could change one thing about Southern Nevada, what would it be? Schuster: I would like to see a stronger and more synergistic relationship with the hotel and gaming community, as they are our major corporations and employers. Many other markets have a corporate environment highly integrated into business and cultural communities, and this increases visibility and collaboration — we need more of this in

Southern Nevada. Compare Southern Nevada with Charlotte, N.C., for example. Charlotte’s significant banking industry influences and positively affects the community through endowments to universities and investment in local developments, such as youth sports arenas. I would like to see this type of corporate participation and “citizenship” here, with an emphasis on investing in and giving back to the community. Allsop: I would like to see Lake Mead at full capacity. Perhaps from a selfish point of view, more water in Lake Mead would not only be fun for recreation, but it would help address the overall water shortage. What has been your most exciting professional project to date? Schuster: Our recent apartment portfolio sale to Blackstone Capital was my most exciting professional project thus far. The $170 million Nevada West Development portfolio was the largest Class A apartment portfolio sale in Nevada. Most importantly, it represented a real institutional commitment to the multifamily platform in Las Vegas. It was also an important transaction for my team, as we were integral to the success of the project. Our commitment began by approaching local developer Nevada West and tasking them to build an institutional quality Class A multifamily product encompassing 972 units. Nevada West delivered an institutional-grade asset — which allowed us to pitch Las Vegas multihousing product to the institutional market, providing an opportunity to entertain the “big dogs” in capital and promote the Las Vegas market. Our team was instrumental in bringing Blackstone Capital to the market and helped put Southern Nevada on the map for national and international investors. Allsop: Two recent deals come to mind: the marketing effort and closing of a Nevada West three-property multifamily portfolio totaling almost 1,000 units; and the marketing and closing of a 33-hotel portfolio located across 10 states. Both opportunities required tremendous personal focus and a well-coordinated team effort from all involved, including the sellers, buyers and escrow/title companies. Describe your company culture. Schuster: NKF’s culture is fo-

cused on individual merit and entrepreneurial leadership. We have a results-driven focus and we embrace creative thinking. Our office is energetic and fun, and sometimes noisy. Allsop: NKF is a client-focused real estate advisory firm; where clients are our partners and our No. 1 priority. NKF values exemplary corporate citizenship in business and in our community relationships. I find our company culture supportive, hardworking and fun. What’s your favorite place to have fun in Las Vegas? Schuster: My wife and I are big dog lovers, so a great day for us is with our pets chasing rabbits, ducks and geese at Sunset Park Lake in the winter, and the same wildlife at Lake Big Bear in the summer. I do love to travel and have visited some beautiful places, but it can be exhausting. Our second home in Big Bear is my favorite place to relax and hang out. Allsop: My favorite thing to do is go boating on Lake Mead. I spent all my childhood years with my siblings, parents and friends boating in Northern California. It allowed me to get the full attention of my dad, who was otherwise very busy. Boating, to me, is synonymous with family and fun. Where do you see yourself in 10 years? Schuster: I still love what I do, but who knows what the future will bring in 10 years. Allsop: I would like to say on a boat, but realistically, I see myself working with clients and friends to chase the thrill of closing the next real estate deal. The beauty of commercial real estate is that it is relationship driven, and that makes it fun. What is your dream job outside of your current field? Schuster: My fantasy job would be to work as a play-by play announcer for the Los Angeles Dodgers. I grew up in LA and will always love the Dodgers. Allsop: If I could be anything I wanted to be, I would be a professional barefoot water skier. If you could live anywhere else in the world, where would it be? Schuster: It is hard to imagine living anywhere else, but Paris comes to mind. I took a trip there and cycled around the city sightseeing. I got lost in the Latin Quarter on the left bank

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vegas inc Sept. 3- sept. 9

and found Lafayette Park, where I sat and rested, watching life, the vibrancy of the people, and thought then that it would be an enjoyable place to live. Allsop: I would want to live in Capri, Italy. It is the only place I have been where a 150-foot yacht seemed small compared with the many other yachts that were three times as big. Whom do you admire? Schuster: I am drawn to anyone who embodies character — someone comfortable in their own skin, who conveys an unconscious confidence and an open, honest nature. I enjoy being around people who demonstrate these characteristics, as they tend to put others at ease and be active problem solvers. I strive to be a person of character myself. Allsop: I most admire my parents, my spouse and my children. I am blessed to be surrounded by wonderful people. What is something that people might not know about you? Schuster: I was fortunate to meet the love of my life, my wife of 27 years, Ali, in a chance encounter. I was in Portland on business and realized I did not have my belt. I walked down the street and went into a boutique looking for help. A tall, stunningly beautiful, blue-eyed girl greeted me, and that was it. One day I was happily single, the next, an incredibly lucky married guy. Allsop: People might not know that I barefoot waterski almost every weekend at Lake Mead. It is an individual as well as a family sport. It is in my blood — my mother learned to waterski when she was expecting me. I’ve known how to ski since before I was born. Anything else you want to tell us? Schuster: Have you heard of the Four Stages of learning/competence? We all start out unconsciously incompetent; we don’t know what we don’t know. In the next stage, we become consciously incompetent; we become aware that there are things we don’t know. Next, we become consciously competent — we know how to do something, however, demonstrating the skill requires concentration. In the fourth stage, we become unconsciously competent — we have so much practice at a skill that we no longer have to think about it. I’m glad to say I am unconsciously competent. Allsop: Life is what you make it.


8

vegas inc

get to know a local business

Sept. 3- sept. 9

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

by the numbers

$207.8 million Amount Apple will receive in tax incentives to build a new data center in Iowa. The center will sit on 2,000 acres and will cost almost $1.4 billion. Apple says the project will generate more than 550 jobs.

$73.5 billion

Amount Americans spent on lottery tickets last year. That averages to about $325 per adult. About 63 percent of the money spent on tickets was paid out in prizes, and the rest of the money went into local government funds.

180

Amount of Sears and Kmart stores that have closed this year. Closure of 28 more Kmart locations has been announced. Sears’ second-quarter earnings report showed total revenue fell 23 percent and same-store sales have decreased by 11.5 percent.

270 miles

Range of a new concept, VW’s all-electric bus, the ID Buzz. The Buzz is a reimagination of the iconic hippie-van from the ’50s and ’60s. One of the most striking features is a rectangular steering wheel that retracts into the dashboard when in autonomous driving mode.

8,178 meters

Depth (5 miles) at which a fish was filmed swimming by a Japanese research team, the deepest a fish has ever been seen or recorded.

Mike Borden is co-founder of TruFusion, which offers classes that incorporate such elements as kettlebell, barre, Pilates, cycling, battle ropes, boxing, boot camp and yoga. (L.E. Baskow/staff)

Edgy fitness studio aims to empower By Rebecca clifford-cruz staff writer

Describe your business.

TruFusion is a fitness and yoga hybrid with an emphasis on variety and community. With more than 35 classes a day in more than 65 styles, it’s a group fitness concept that lets each member customize his or her experience. Who are your customers?

trufusion Addresses: 8575 S. Eastern Ave.; 1870 Festival Plaza Drive; 4750 Blue Diamond Road, all in Las Vegas Phone: 702-982-2930, 702-850-7569, 702-522-8911 Website: trufusion.com Hours of operation: 5:45 a.m.-10:30 p.m. Monday through Friday; 6:30 a.m.-9 p.m. Saturday and Sunday Owned/operated by: Mike Borden and Martin Hinton In business since: 2013

Our customers skew younger, toward millennials and Gen Z, and slightly more female than male. They are health conscious, digitally connected and highly mobile. We also know our customers are those who aspire to more, those looking to sharpen their focus. That’s why our motto is “find your edge.” What is your business philosophy?

3,360

Amount of diamonds on “The Money Belt,” the belt awarded to Floyd Mayweather after he defeated Conor McGregor. The belt also features 600 sapphires, 300 emeralds and 1.5 kilograms of 24-karat gold. The strap is made of a single alligator skin and is uneven on the sides to “preserve the style of the alligator.” The cost of the belt is unknown, but it easily surpasses $1 million.

To be honest and authentic. We want TruFusion to be more than a brand. We want it to be a genuinely supportive community. Our goal is to empower people to help them push through challenges and achieve victories, both inside the studio and in life. What is the hardest part about doing business here?

While Nevada’s population growth is one of the strongest in the U.S., Las Vegas tends to have a more transient workforce than other cities. It can be a challenge to find, train and retain talented employees who want to commit themselves to the professional business sector, as opposed to those who see easy money, albeit for a limited time, at casinos or hotels.

You recently partnered with former baseball player Alex Rodriguez. What is his role in the company?

Alex started coming to TruFusion while he was in Las Vegas. He loved the experience and the brand so much that he wanted to get involved as a substantial ongoing partner. As a major investor, 10 percent equity partner and board member, he owns franchise rights for the state of Florida and participates in marketing initiatives.

What is the best part about doing business here?

We have a low tax burden and great infrastructure in a business-friendly state with a great can-do attitude by employees and government officials. Also, there is relatively good access to key local and state government officials. And, of course, there’s amazing weather compared with many other places. What obstacles has your business overcome?

Much of what we do makes us a technology company — our back-end systems, training and infrastructure — so having the right people with the right skills in this area is paramount. On the plus side, because we have invested so much in our technology, it makes it easier to duplicate the success we have within each studio. Anything else you want to share?

Find a mentor who can provide guidance, and if you’re lucky, some seed capital to give a business a head start. And enjoy what you do. Otherwise, why do it?


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

Reader comments We want to hear from you. Visit vegasinc.com to post your opinion.

On Chris Kudialis’ story “Why weed could cut into liquor sales across Nevada”: It’s called progress. Uber came on the scene, thrived and cut into taxi profits. Yet the cab industry remains afloat. Liquor is not going away. Besides, the more people switching to cannabis, the fewer obnoxious drunks disturbing the peace. — 360dunk On Thomas Moore’s story “Why Cosmopolitan sees value in hiring military veterans”: Veterans are dedicated, resourceful and are the best at working as part of a team. It’s great to see the Cosmopolitan hire worthy veterans. — Patsy Decline On Jesse Granger’s story “Will Golden Knights fans face TV blackout to start the season?”: Unless the games are on Apple, Amazon, Hulu, Hulu Live, Netflix, YouTube, etc. millions like me will never see them, I don’t do cable/satellite anymore. — Kodi On Mick Akers’ story “‘Leading by example’: County to add more fuel-efficient vehicles”: This helps boost local revenue by relying on Nevada-generated energy instead of gasoline from other regions. It should save the city a good amount in fuel too. — Wes Croom

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vegas inc Sept. 3- sept. 9

Economic indicators to watch the rest of 2017

A

The cheapest watermelon costs about ccording to The Washington guest column: $25 in Japan. Compare that with the U.S., Post, economic growth was slow stephen ng where we might pay $5. But if the country in the United States during the clamps down on imports, we might start first quarter of 2017, moving seeing $25 watermelons ourselves. along at only 0.7 percent. The number is a big drop-off from the 2.1 percent n Taxes and IRAs: Trump’s proposal to lower corpogrowth experienced by the nation in the final quarter rate and personal income taxes could provide a historic of 2016, and a long way from President Donald Trump’s opportunity for people to convert their traditional IRAs promise of 3 percent economic growth during his time in to Roth IRAs. When you retire, you pay taxes on the office. money you withdraw from a traditional IRA, but you don’t But it hasn’t been all bad news on the economic front pay taxes on money you withdraw from a Roth. So if taxes thus far in 2017. In the wake of what is turning out to be a are lowered, people should consider taking advantage volatile and unpredictable presidency, the stock market, and converting to Roths. You would pay taxes when you which usually swings on every little tick of news — ecoconvert, but likely at a lower rate than you might in retirenomic or not — has been quiet. In fact it continues the ment. steady growth it has shown for nearly a decade. n The stock market: The market has been on an There’s no certainty about how long this strong market upward swing for the better part of nine years. But what performance will continue, but it can’t last forever. When goes up, comes down. the market is up, you have to be careful. You need to make When the market is up, most people become complasure you have strategies in place for when the market cent. Do you have a strategy to protect your portfolio drops. when the market has its inevitable drop? The most stable Here are finance-related items that should be closely approach is generally to maintain a well-diversified watched as we move into the second half of 2017: portfolio using a strategy appropriate for your time frame, personal goals and risk tolerance. n Inflation: Prices could be going up in the U.S., and Stephen Ng is founder and president of Stephen Ng the increase could be pretty high if we limit imports or Financial Group. place tariffs on them, as Trump has talked about doing.

Smith’s world

Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.


10

vegas inc Sept. 3- sept. 9

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

FAQs on PSLs: How personal seat licenses work By adam candee

contracts governing the transfer and sale of PSLs before the team can sell them. That work likely will wrap up by October. Architects and construction personnel continue to work on stadium design as well, meaning no seating chart yet exists. Construction companies Mortenson and McCarthy plan to break ground on the stadium in late November.

Staff Writer

Do not expect to walk up to the box office at the new Las Vegas Raiders stadium and buy a ticket on any given Sunday. Even placing a season ticket deposit today — more than three years from the team’s first Las Vegas kickoff — might not get you into the game. What you might think is a $100 deposit toward Raiders season tickets actually is money that will go toward what is known as a personal seat license, or PSL. It’s the ticket before the ticket. What exactly is a PSL? Purchasing a stadium personal seat license buys you the right to later buy Raiders season tickets. The PSL contract gives you exclusive rights to a specific seat for every Raiders game in the new Las Vegas stadium. If you put down a $100 deposit through the Raiders website in the past few months, you put yourself in line to buy up to four PSLs. You only will need to pay the PSL fee once. How much does a PSL cost? The price will vary, but expect to spend at least $500-$1,000 per PSL. In that price range, you will likely sit in the last few rows of the upper deck in an end zone seat. If you want seats 25 rows from the field on the 50-yard line, start saving your money now — the Atlanta Falcons sold those PSLs for $45,000 per seat at Mercedes-Benz Stadium, which opens this season. At an average cost of $4,000 per PSL, the Raiders plan to raise at least $250 million toward building the new 65,000-seat stadium. How do they expect me to afford that? Maybe you could sell your old baseball cards on eBay? Otherwise, make sure you have good credit. NFL teams often offer financing arrangements, advertised on the same webpage containing PSL information. For example, Atlanta’s PSL financing requires a down payment of 40 percent, then annual payments on the remaining 60 percent over nine years at 8.5 percent annual interest. What happens if I buy a PSL and in the future, I can’t afford or don’t want season tickets? If the cost of a PSL does not bother you, this might. A PSL does not just

An artist’s rendering depicts the stadium proposed to house the Las Vegas Raiders and UNLV football teams. (courtesy)

grant you the right to purchase tickets — it obligates you to buy season seats every year. PSL contracts for the New York Giants, New York Jets and Chicago Bears all state explicitly that license holders must buy season tickets every year to keep their seat license. If you do not purchase season tickets, the team can revoke your PSL, keep your money and resell the license to the next person on the waiting list. A season ticket package requires purchase of two preseason games, eight regular-season games and any potential conference playoff games. Some teams allow you to turn down postseason tickets, which they will try to sell as single-game seats. If they cannot, you still owe the cost of the tickets. Will I be able to buy Raiders single-game tickets if I don’t buy a PSL and season tickets? Unlikely. Most NFL teams sell out both their full allotment of PSLs and season tickets, and also keep a waiting list for those interested in future season ticket sales. Even spurned Oakland fans continue to buy season tickets at the Coliseum. After Raiders owner Mark Davis said he would refund season tickets for any Oakland fans angry about the team’s move, just 1,000 people turned in their seats — which resold almost immediately. More than 50,000 people have placed deposits on Raiders PSLs. Of those, 43 percent come from Nevada and 29 percent are from California. People from the other 48 states, Mexico and Canada make up the remaining 28 percent. Do all NFL teams do this? The PSL structure exists throughout

the NFL. The first PSLs were sold 30 years ago when a Charlotte, N.C, group organized a season ticket drive while trying to attract the NBA. Selling PSLs while building a new stadium today qualifies as common practice — Elliott McCabe, Bank of America’s point man for stadium financing, said last month that a typical PSL sale can raise up to $500 million. The Raiders need this money as the primary source of their contribution toward building the $1.8 billion stadium and $100 million practice facility. The state of Nevada will put in $750 million — the largest public stadium subsidy in American history — and the Raiders will take $850 million in loans from Bank of America and the NFL. PSL sales and stadium naming rights will comprise most of the remaining $300 million owed by the Raiders. Who gets my money when I buy a PSL? The financial structure of Raiders PSL sales requires a flowchart you likely don’t want to read. Know this: Your PSL check funnels directly into stadium construction. You ultimately will license your seat from the Las Vegas Stadium Authority, the government body responsible for overseeing the construction and operation of the facility. The stadium authority will own both the stadium and the 62 acres of land on which it sits after the Raiders transfer ownership of the parcel for free. The team paid $77.5 million for the plot off Russell Road west of Interstate 15. When will the Raiders start selling PSLs for the Las Vegas stadium? Not soon. The Las Vegas Stadium Authority first must complete multiple

Will locals get the first shot at buying them? The Raiders must navigate a delicate situation here. The team has not yet determined the process for PSL sales, but the Raiders must strike a balance between new Las Vegas fans with current Oakland season ticket holders. The team encouraged Oakland fans to put down a Las Vegas deposit in the FAQ section of its PSL deposit website: “Current Raiders Season Tickets Members who place a deposit by Sept. 1, 2017, and whose Season Ticket Member accounts remain in good standing as long as the Raiders play in Oakland will receive this special opportunity to purchase seats at the new Las Vegas Stadium.” Can I sell my PSL or give it to someone else? You can sell or transfer your PSL, but you cannot simply return it to the team for a refund. PSL contracts make it clear that your license can depreciate — many Jets and San Francisco 49ers fans are selling PSLs for 50 percent of their original cost as those teams struggle on the field. Will I also get the right to buy season tickets in my seats for UNLV football games? That remains a negotiating point between the Raiders and UNLV football, who will share the new stadium. Jeremy Aguero, the Las Vegas Stadium Authority’s contracted staff lead, said UNLV would need to consent to its football games being included in a Raiders PSL agreement, per the terms of Senate Bill 1. That state legislation provided Nevada’s $750 million contribution toward stadium construction. How about other events at the stadium? Another matter to be negotiated. It remains possible that a Raiders PSL could offer the holder the first chance to buy tickets to concerts and other stadium events. Many other NFL teams restrict PSL rights only to NFL games.


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Allegiant Air flight attendants picket as mediation continues By mick akers Staff Writer

“Enough is enough,” chanted Allegiant Air flight attendants picketing outside Terminal 1 at McCarran International Airport late last month. About 25 flight attendants — joined by a few pilots in a show of solidarity — aired their displeasure with the airline after six years of failed contract negotiations and plane issues. Represented by Transport Workers Union of America, AFL-CIO Local 577, the group claimed to be among the lowest-paid flight attendants in the airline industry despite Allegiant being one of the most profitable airlines in the U.S. Allegiant Air flight attendants and pilots demonstrate at McCarran International Flight attendant Rey Chaparro Airport on Aug. 23. (mick akers/staff) said cabin temperatures on Allegiant and employees.” Thom McDaniel, TWU International planes frequently reach 90 degrees Additionally, Chaparro said, when a vice president, who has led the negoduring boarding. He said he hears plane is delayed, the flight crew has to tiations. “In addition, our flight attencomplaints from customers daily carry out the day’s schedule, no matter dants have suffered under low wages about the warm conditions. how long their workday stretches. and poor work rules for more than six “Allegiant flight attendants and cus“We have a heavy issue on mainyears. It is time for Allegiant to take tomers often face oppressive heat on tenance … and due to that, it creates care of business for both customers their flights during the summer,” said

extended-duty days for our workers,” Chaparro said. “For being one of the most profitable airlines, they don’t compensate us like they should on extended 20-hour duty days. There’s no such thing as overtime.” Allegiant Air pilots ratified a contract last year after four years of negotiations and a request for release under the Railway Labor Act. During their picketing, pilots sent a letter to Allegiant’s board alleging the company cut corners on industry-standard practices, ignored Federal Aviation Administration recommendations on running important safety programs, and used scheduling systems that created pilot frustration. The TWU on Aug. 8 requested a proffer of arbitration from the National Mediation Board, the legal step made available by federal law when negotiations between a carrier and one of its unions has reached an impasse. If arbitration is refused by either the union or the company, a 30day “cooling-off” period will begin.

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INTE RSTATE 11, f r om page 1

Arizona studying its section of freeway decades of planning and brought into focus how far there is to go. The portion of the route that was once known as the Boulder City Bypass will divert the majority of traffic — including tractor-trailers — from traveling through Boulder City via U.S. 93. The effect is mixed for the quiet town. Proponents are pleased with the prospect of less traffic backup. Opponents fear businesses could whither with fewer travelers making their way through Boulder City’s restaurant and shopping district. What was debated locally for years, however, pales in comparison to the ultimate vision of I-11, stretching from Mexico to Canada, outlined in the A natural wildlife overpass, used for sheep and other animals, as viewed during a construction tour of the Interstate 11 North American Free Trade Agree- project near Boulder City in May. (L.E. Baskow/staff) ment NAFTA and identified in the CANAMEX Corridor. Construction of I-11 marks the first bound U.S. 93 toward Boulder City. west to U.S. 95. The I-11 project incorporates mulnew infrastructure to the 47,856-mile The project’s visual centerpiece is a In each case, the I-11 corridor would tiple stretches of existing highways, Interstate Highway System since it was 1,200-foot-long, 28-foot-tall concrete exit the Las Vegas Valley to the north including interstates 19 and 10, U.S. 93 deemed complete in 1992. retaining wall with multicolored graphalong the existing U.S. 95. and U.S. 95. ics and steel figures and objects that ilThe 5-year $305 billion Fixing Amerlustrate scenes from the construction What’s next? Arizona portion ica’s Surface Transportation (FAST) of Hoover Dam. There is no Phase 3 yet planned, but With the initial phases heading toAct, signed into law in December 2015, “It reflects the region’s social, culthe initial two phases of I-11 will imward completion on the Nevada side, provides a 15 percent increase to hightural, and economic history, acting as prove motorist safety and reduce travel construction is years away on the Ariway funding and 18 percent increase an iconic graphic gateway to Boulder time by an estimated 30 minutes bezona’s 200-mile portion. to transit. Nevada will receive a total City,” NDOT spokesman Tony Illia said. cause of higher speeds and the absence The Arizona Department of Transof $1.9 billion over five years or roughly Phase 1 also reconnects the railroad of signal lights, project officials said. portation is conducting a 3-year Tier $385 million a year. That marks a $170 tracks made unusable by the comple“When I-11 is complete, it will re1 Environmental Impact Statement million total increase over the previous tion of U.S. 93 with a 360-foot bridge lieve congestion that typically builds (EIS) for the Nogales (on the Mexicofunding levels to the state. that allows the freeway to pass underup in Boulder City, improve safety and Arizona border) to Wickenburg (54 Funding for the initial phases was neath. A steel pedestrian bridge consave travel time between Las Vegas and miles northwest of Phoenix) section. made up mostly of money from the necting the River Mountains Loop and Phoenix,” Bertaki said. “Not only that, “We finished up our public comment Federal Highway Administration’s AdHenderson trail systems is planned. it will enhance commerce and freight period for the alternative corridor opvance Construction program. The proOther project components include a movement between the two states.” tions in June,” ADOT spokeswoman gram gives the Nevada Department of 1.5-mile frontage road linking HenderThe project will play an important Laura Douglas said. “This comment Transportation the option to be reimson with the Railroad Pass interchange, role serving the Mountain West region, period included six public meetings bursed up to $291 million, or almost 92 as well as replanting 20,000 cacti, placwhich is forecasted to add 32 million throughout the study corridor in May.” percent of project-related costs, from ing decorative rock and installing 5 more residents between now and 2030. The meetings were conducted to disits future federal highway funding apmiles of tortoise fencing. “NDOT officials are still examining cuss the scope of issues to be addressed portionments. where the next segment of I-11 should during the study. The alternatives-deThe first two phases are also funded run, Illia said. “A $5.3 million traffic velopment phase of the study will evenRTC Phase 2 by $22 million in Fuel Revenue Indexstudy analyzing the valley’s major freetually reduce the number of proposed The Regional Transportation Coming (FRI) funds from Clark County, way corridors — including I-11 — is exroutes for further study. mission’s $235 million Phase 2 of the along with $5 million in state monies. pected to be completed by spring 2018.” ADOT must finish the Tier 1 EIS and I-11 project is on schedule to be comThe proposed routes would use then a Tier 2 EIS for the Nogales to plete in fall 2018. Most of Phase 2 will mostly existing highways that might Wickenburg corridor before any conbe finished in June with completion set Phase 1 completed have to be expanded. Those include: struction plans can be created. The Tier for October 2018. NDOT’s Interstate 11 Phase 1 south1 study is expected to be complete in Unlike the 2.5-mile Phase 1 opening bound lanes opened Aug. 15. The entire n West on the 215 Beltway, winding late 2019, Douglas said. in segments, Phase 2 will not feature a $83 million 2.5-mile first phase should up to a new connection with U.S. 95. Financing of Arizona’s portion of I-11 segmented opening plan. be fully drivable by late December. n North on U.S. 95 through the will be the next focal point. “The RTC’s portion of the project The project calls for a four-lane conSpaghetti Bowl to the northwest end “ADOT continues to work with our comprises 12.5 miles of new roadway crete interstate freeway between Footof the valley. federal, state and local partners to adthrough the Eldorado Mountains and hill Drive in Henderson and Silverline n A new freeway that would run vance I-11,” Douglas said. “From border will open once it is fully complete,” RTC Road in Boulder City with a full diafrom the Lake Mead National Recreto border, I-11 will be a combination of spokeswoman Monika Bertaki said. mond interchange at Railroad Pass. ation Area past Frenchman Mountain new and existing infrastructure — with Once Phase 2 of I-11 is complete, the The interchange includes a loop about 8 miles east of Las Vegas before improvements made to much of the exRTC will turn the interstate over to ramp and a 600-foot two-lane flyover emerging at Interstate 15, where it isting infrastructure.” NDOT for oversight and maintenance. bridge from southbound I-11 to eastwould connect with the 215 Beltway


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vegas inc

the data

Sept. 3- sept. 9

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

Records and Transactions Bankruptcies Chapter 7 Longevity Worldwide 2764 N. Green Valley Parkway, Suite 401 Henderson, NV 89014 Attorney: Stefanie Clement at clementlawoffices@gmail.com Alltime Home Health Providers 3110 S. Valley View Blvd., Suite 205 Las Vegas, NV 89102 Attorney: Ryan Alexander at ryan@ryanalexander.us

Chapter 11 Tod Las Vegas 700 N. Main St. Las Vegas, NV 89101 Attorney: Spencer Judd at spencer@sjuddlaw.com

Bid Opportunities Sept. 6 2 p.m. Second floor south anti-ligature adaptation University Medical Center, 2017-11 Ashley Kordestani at ashley.kordestani@umcsn.com

Sept. 8 3 p.m. Annual requirements contract for janitorial services at Stephanie Street campus Clark County, 604581 Deon Ford at deonf@clarkcountynv.gov

Sept. 12 2:15 p.m. Mountain’s Edge Park: adult ballfields and site improvements Clark County, 604549 Sandy Moody-Upton at scm@ clarkcountynv.gov

Sept. 21 2:15 p.m. Roof replacement for Fire Station No. 31 and Fire Station 65 Clark County, 604580 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Winchester Cultural Center expansion Clark County, 604534 Sandy Moody-Upton at scm@ clarkcountynv.gov

Brokered transactions Sales $35,100,000 for 240 units, multifamily residential 8301 W. Flamingo Road, Las Vegas

89147 Seller: Fairfield Residential Company Seller agent: Patrick Sauter and Arthur Carll-Tangora of NAI Vegas Buyer: Did not disclose Buyer agent: Did not disclose $4,315,000 for 41,445 square feet, industrial 1850-1860 Whitney Mesa Drive, Henderson 89014 Seller: Whitney Mesa Industrial Seller agent: Garrett Toft of CBRE Buyer: Did not disclose Buyer agent: Karen Klagues of Executive Realty Services $105,265 for 1.25 acres, land Azure Drive and Madge Lane, North Las Vegas 89115 Seller: Margaret Carnell Revocable Trust Seller agent: Did not disclose Buyer: Annallen LLC Buyer agent: Ben Millis and Dave Wrzesinski of Newmark Knight Frank

Leases $2,451,600 for 18,000 square feet, retail 4404-4530 N. Rancho Drive, Suites F1-F2, Las Vegas 89130 Landlord: 4343 North Rancho Drive LLC Landlord agent: Jacqueline Young and Liz Clare of Avison Young Tenant: Planet Fitness Tenant agent: Did not disclose $837,084 for 9,025 square feet, retail 1374 W. Cheyenne Ave., Suites 101105, North Las Vegas 89032 Landlord: Cheyenne Marketplace Landlord agent: Michael Zobrist and Nelson Tressler of Newmark Knight Frank Tenant: Family Dollar Tenant agent: Did not disclose $395,000 for 4,239 square feet, office 6070 S. Eastern Ave., Suite 200, Las Vegas 89119 Landlord: AMA Properties Landlord agent: Scott Donaghe and Barton Hyde of Avison Young Tenant: Velasquez Immigration Tenant agent: Did not disclose $352,705 for 4,015 square feet, retail 4616 W. Sahara Ave., Suite 3, Las Vegas 89102 Landlord: Sahara 3D Landlord agent: Michael Zobrist and Nelson Tressler of Newmark Knight Frank Tenant: Boot World Nevada dba KM Shoes Tenant agent: Did not disclose

BUSINESS LICENSES Quennie Vergonia-Fehlman License type: Independent massage therapist Address: Did not disclose, Las Vegas Owner: Quennie Vergonia-Fehlman Rabbi Malcolm Cohen Lifecycle Events License type: General services (counter/office) Address: Did not disclose, Las Vegas Owner: Malcolm Cohen Raluca Olivia Petre License type: Real estate sales Address: 5550 Painted Mirage Road, Suite 140, Las Vegas Owner: Raluca Petre Rayvonia Bailey License type: Real estate sales Address: 10750 W. Charleston Blvd., Suite 180, Las Vegas Owner: Rayvonia Bailey Revolution Engineering License type: Engineering firm Address: 2213 N. Green Valley Parkway, Suite 201, Henderson Owner: Revolution Engineering Rhoden Nuclear Consulting License type: Management or consulting service Address: 2208 Baywater Ave., North Las Vegas Owner: Rhoden Nuclear Consulting Roberto’s Taco Shop License type: Restaurant Address: 7155 Grand Montecito Parkway, Las Vegas Owner: Meg & E Roof It Right License type: Contractor Address: 2410 N. Decatur Blvd., Suite 135, Las Vegas Owner: James Guindon Serenity Wellness Growers License type: Medical marijuana cultivation facility Address: 203 E. Mayflower Ave., Las Vegas Owner: Alternative Solutions Serenity Wellness Products License type: Medical marijuana production facility Address: 203 E. Mayflower Ave., Las Vegas Owner: Alternative Solutions Shop Your Own License type: Miscellaneous sales/ service Address: 828 Loch Katrine Ave., Henderson Owner: Shop Your Own

Sin City Smokers Barbecue and Catering License type: Beer/wine/spiritbased product on-sale Address: 2861 N. Green Valley Parkway, Henderson Owner: Sin City Barbecue Smoked License type: Mobile catering Address: 1370 W. Cheyenne Ave., North Las Vegas Owner: Smoked LLC Southern Edge Exterminators License type: Residential property maintenance Address: 10599 Snow Lake St., Las Vegas Owner: Jason Noordam Stephanie Paulette Bridal License type: Clothing/shoes/accessories sales Address: 4040 W. Craig Road, Suite 111, North Las Vegas Owner: Georgina Casanova Strive Mental Health License type: Professional services — medical Address: 9440 W. Sahara Ave., Suite 237, Las Vegas Owner: William Bunn Sun Clothing License type: Manufacturing Address: 4040 E. Lone Mountain Road, Suites B-C, North Las Vegas Owner: Sun Clothing Susana Reyes, Esq. License type: Professional services Address: 516 S. 8th St., Las Vegas Owner: Susana Reyes Team Trav License type: Travel agency/agent Address: 5032 Vista Montana Way, North Las Vegas Owner: Team Trav Thailicious Authentic Thai and Vegan License type: Restaurant Address: 19 S. Stephanie St., Suite 160, Henderson Owner: Thailicious Corp The Car Fix License type: Automotive garage (major) Address: 3013 N. Rancho Drive, Suite 102, Las Vegas Owner: Adrian Magallanes The Mob Museum License type: Tavern Address: 300 Stewart Ave., Las Vegas Owner: 300 Stewart Avenue Lessee LLC TJK Consulting Engineers License type: Professional services — land development Address: 8728 Spanish Ridge Ave., Suite 100, Las Vegas

Owner: T.J. Krob Consulting Engineers Transformers Landscaping License type: Lawn maintenance Address: 6798 Cherry Grove Ave., Las Vegas Owner: NLF LLC Trugreen License type: Residential property maintenance Address: 7665 Commercial Way, Suite F, Las Vegas Owner: Trugreen U.S. Oil Solutions License type: Junk yard Address: 3051 Coleman St., North Las Vegas Owner: Nevada Oil Solutions U.S. Oil Solutions License type: Wholesale Address: 3051 Coleman St., North Las Vegas Owner: Nevada Oil Solutions Unicar Collision Repair Center License type: Automotive repair Address: 731 Susanna Way, Henderson Owner: Unicar Collision Repair Center United Garage Door License type: Residential property maintenance Address: 4150 Pioneer Ave., Suite D, Las Vegas Owner: United Service Group Valhalla Wellness & Medical Centers License type: Medical office Address: 2440 W. Horizon Ridge Parkway, Suite 100, Henderson Owner: Yamane Med Spa Valley View Collision and Repair License type: Automotive garage (major) Address: 3730 Capella Ave., Suite 1, Las Vegas Owner: Valley View Motor Dealer Vegas Modern Weddings License type: General services (counter/office) Address: 8037 Mackenzie Court, Las Vegas Owner: Raul Martinez Victoria’s Event Productions License type: General services (counter/office) Address: 4325 W. Patrick Lane, Las Vegas Owner: Victoria’s Destination Services VIIO License type: Motion picture and TV production Address: 19 Quail Hollow Drive, Henderson Owner: Thirty Nine Twenty Eight


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

19

vegas inc

Sept. 3- sept. 9

Records and Transactions VL Appraising License type: Appraisal services Address: 2431 La Casa Drive, Henderson Owner: VL Appraising Wash Wizards License type: Miscellaneous sales/ service Address: 1814 Jefferson St., North Las Vegas Owner: Westley Bassett Westcorp License type: Automotive sales with minor repair Address: 3110 S. Valley View Blvd., Suite 202, Las Vegas Owner: Abdelnaser Ayyash Western Trails Gun & Knife Shows License type: Multivendor Address: 4949 N. Rancho Drive, Las Vegas Owner: Western Trails Show Promotions Wow Carwash License type: Car wash Address: 6347 W. Lake Mead Blvd., Las Vegas Owner: S.T. Enterprises Xiujuan Xie License type: Independent massage therapist Address: Did not disclose, Las Vegas Owner: Xiujuan Xie Zachary Longman License type: Door-to-door solicitor and peddler Address: 1035 Featherwood Ave., Henderson Owner: Zachary Longman Ziad Sawi, M.D. License type: Professional services — medical Address: 2881 S. Valley View Blvd., Suite 15, Las Vegas Owner: Prescribed Medical Services of NV 1 Stop Insurance & Multiservices License type: Automotive garage/ service station (minor) Address: 2029 S. Decatur Blvd., Las Vegas Owner: Blanca Coria and Marcio Silva Andrade 199 Off Road House License type: Mail order/internet sales Address: 330 Violetta Ave., North Las Vegas Owner: Julian Andes 20 Fifty One Apartments License type: Apartment house Address: 2051 N. Torrey Pines Drive, Las Vegas Owner: CCW Brittnae Pines 6 Gallery License type: Art gallery — retail

Address: 107 E. Charleston Blvd., Suite 242, Las Vegas Owner: 6 Gallery

Address: 2642 W. Horizon Ridge Parkway, Suite A11, Henderson Owner: Hear Better Centers

$184,981, single-family dwelling 156 Brighton Hills Ave., Henderson Ryland Homes

$140,000, onsite 3750 N. 5th St., North Las Vegas Pacific Pipelines

702 Signs & Graphics License type: General services (counter/office) Address: Did not disclose, Las Vegas Owner: Javier Garcia

BUILDING PERMITS

$174,675, residential — new 5844 Fox Hair St., North Las Vegas D.R. Horton

$137,904, single-family dwelling 2686 Marvel Astoria St., Henderson Did not disclose

A & S Computer Services License type: Miscellaneous sales/ service Address: 332 Gusty Sands St., Henderson Owner: Dave and Gale Sroelov

$4,800,000, commercial — alteration 4410 Nexus Way, North Las Vegas Tradewinds Construction

A.B.C. Dog Training License type: Miscellaneous sales/ service Address: 5124 Sierra Blanca Lane, North Las Vegas Owner: A.B.C. Dog Training Absolute Comfort License type: Contractor Address: 1600 Bent Arrow Drive, North Las Vegas Owner: Absolute Comfort Access Consulting Engineers License type: Professional services Address: 3255 Pepper Lane, Las Vegas Owner: Ayalew Birhane Activate Newman License type: Professional services — medical Address: 51 N. Pecos Road, Suite 110, Las Vegas Owner: Timothy Newman Align Med (Alfreda) License type: Medical office Address: 9975 S. Eastern Ave., Suite 105A, Henderson Owner: Align Med (Alfreda) All Ducts Cleaning License type: Residential property maintenance Address: Did not disclose, Las Vegas Owner: Brian Burt All Plumbing License type: Contractor Address: 3237 W. Tompkins Ave., Las Vegas Owner: Did not disclose Alyssa Hasegawa License type: Real estate sales Address: 9420 W. Sahara Ave., Suite 100, Las Vegas Owner: Alyssa Hasegawa AM Document Preparation Services License type: Bookkeeping Address: 2406 Canberra Ave., Henderson Owner: Alisa Mclaughlin Anderson Audiology License type: Miscellaneous sales/ service

$7,797,929, commercial — new 3750 N. 5th St., North Las Vegas Martin-Harris Construction

$4,775,424, commercial — alteration 4410 Nexus Way, North Las Vegas Tradewinds Construction $2,574,449, commercial — alteration 5675 E. Ann Road, North Las Vegas TWC Construction $1,919,321, commercial — addition 5550 Donovan Way, North Las Vegas Viking Installations $1,524,095, commercial — addition 11115 Apex Ruby Court, North Las Vegas Dimick Development $348,447, single-family dwelling 1135 Christian Road, Henderson Boyd Martin Construction $286,300, tenant improvement 240 S. Water St., Henderson City of Henderson Public Works Department

$174,675, residential — new 5857 Fox Hair St., North Las Vegas D.R. Horton $170,509, residential — new 5848 Fox Hair St., North Las Vegas D.R. Horton

$137,591, residential — new 5845 Petrified Tree Lane, North Las Vegas Beazer Homes Holdings

$169,621, single-family dwelling 2920 Capobella Ave., Henderson KB Home

$137,591, residential — new 5745 Petrified Tree Lane, North Las Vegas Beazer Homes Holdings

$169,621, single-family dwelling 2818 Aragon Terrace Way, Henderson KB Home

$136,906, single-family dwelling 2944 Tranquil Brook Ave., Henderson Did not disclose

$165,684, single-family dwelling 2292 Mundare Drive, Henderson D.R. Horton

$136,906, single-family dwelling 2932 Tranquil Brook Ave., Henderson Did not disclose

$165,684, single-family dwelling 2301 Mundare Drive, Henderson D.R. Horton $156,258, single-family dwelling 2313 Mundare Drive, Henderson D.R. Horton $156,258, single-family dwelling 2305 Mundare Drive, Henderson D.R. Horton $156,202, single-family dwelling 1457 Overseer Ave., Henderson KB Home

$136,906, single-family dwelling 2940 Tranquil Brook Ave., Henderson Did not disclose $134,909, single-family dwelling 2309 Mundare Drive, Henderson D.R. Horton $134,688, single-family dwelling 3144 Pavilio Drive, Henderson Did not disclose

$151,404, residential — new 5845 Fox Hair St., North Las Vegas D.R. Horton

$133,856, single-family dwelling 2665 Ornate Regiment St., Henderson Did not disclose

$148,550, single-family dwelling 2945 Capobella Ave., Henderson KB Home

$130,305, residential — new 5856 Fox Hair St., North Las Vegas D.R. Horton

$144,059, single-family dwelling 2584 Atalore St., Henderson Did not disclose

$130,305, residential — new 5849 Fox Hair St., North Las Vegas D.R. Horton

$237,991, single-family dwelling 56 Garibaldi Way, Henderson Did not disclose

$143,568, residential — new 5852 Fox Hair St., North Las Vegas D.R. Horton

$126,869, single-family dwelling 1152 Strada Cristallo, Henderson Century Communities

$235,385, single-family dwelling 571 Trenier Drive, Henderson D.R. Horton

$143,568, residential — new 5853 Fox Hair St., North Las Vegas D.R. Horton

$233,194, wall and/or fence 3752 N. Bruce St., North Las Vegas Las Vegas Paving

$141,342, single-family dwelling 2707 Marvel Astoria St., Henderson Did not disclose

$252,852, single-family dwelling 2820 Candelaria Drive, Henderson Ryland Homes $241,203, commercial — alteration 5470 E. El Campo Grande Ave., North Las Vegas Beacon Southwest

$206,781, rehabilitation 2220 N. Commerce St., North Las Vegas Design Builders $187,990, fireproof 4410 Nexus Way, North Las Vegas Aero Automatic Sprinkler Company

$141,231, single-family dwelling 172 Fulgora St., Henderson KB Home $140,510, single-family dwelling 2673 Ornate Regiment St., Henderson Did not disclose

$126,197, residential — new 4212 Gallinule Drive, North Las Vegas Richmond American Homes of Nevada $125,926, single-family dwelling 2563 Atalore St., Henderson Did not disclose

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20

vegas inc Sept. 3- sept. 9

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

Calendar of events TUESDAY, SEPT. 5 11th annual Large Vision Business Network Mixer Entrepreneurs Expo & Business Builder Presentation Series Time: 6-9 p.m. Cost: Free Location: Grand Ballroom at the Suncoast, 9090 Alta Drive, Las Vegas Information: Call Paula and Sylvester Jackson at 702-639-6964, email lvbnmlasvegas@aol.com or visit pjproductionlive.com/lvbnm.html Join local entrepreneurs, business owners and companies who will have displays.

WEDNESDAY, SEPT. 6 What’s the Law? Employment law — getting an EIN/hiring employees Time: 6-8 p.m. Cost: Free Location: Training Room at the Urban Chamber of Commerce, 1951 Stella Lake St., Las Vegas Information: Contact the Urban Chamber of Commerce at 702-648-6222 or info@urbanchamber.org, or visit nevadasbdc.org This class will discuss the application for an Employer Identification Number. Registration is required at nsbdc.org (click on training calendar). Water Street Rall-E Time: 6 p.m. Cost: Free Location: Gold Mine Tavern, 23 S. Water St., Henderson Information: Call 702-267-1650 Each Rall-E event features business owners, entrepreneurs and community leaders sharing experiences, knowledge and ideas.

THURSDAY, SEPT. 7 Committed to Our Business Community 2017 Time: 8:30 a.m.-1 p.m. Cost: Free Location: South Hall, Las Vegas Convention Center, 3150 Paradise Road, Las Vegas

Information: Call the Regional Business Development Advisory Council at 702-455-2897 Hosted by the Regional Business Development Advisory Council, the event will feature more than 60 representatives of government agencies, hospitality and business. Vegas Young Professionals Community Conversations: Nonprofits in Las Vegas Time: 5:30-7:30 p.m. Cost: $15 Location: Las Vegas Metro Chamber of Commerce, 575 Symphony Park Ave., Suite 100, Las Vegas Information: Contact Danica Torchin at 702586-3834 or dtorchin@lvchamber.com VYP will be joined by Three Square President and CEO Brian Burton, Miracle Flights CEO Mark Brown, Shade Tree Executive Director Stacey Lockhart and Yoga Haven founders Honey Tejero and Natalie Lim, who will discuss nonprofits. M.A.C. Night Out Time: 6-8 p.m. Cost: $40 Location: Aliante Casino, 7300 Aliante Parkway, North Las Vegas Information: Contact Joi Holliday at 702-6415822 or jholliday@lvchamber.com Join the Las Vegas Metro Chamber of Commerce and the Military Affairs Committee as they recognize outstanding servicemen or servicewomen, as well as businesses that go above and beyond to support the military and veteran communities. Advanced registration required. Roadmap to Success workshop Time: 7:30-9:30 a.m. Cost: Free for Henderson Chamber of Commerce members; $25 for nonmembers; additional $10 for walk-ins Location: Henderson Business Resource Center seminar room, 112 S. Water St., Henderson Information: Call Bill Bokelmann at 702-5658951 or bbokelmann@hendersonchamber.com “YouTube, Pinterest and Blogs” is presented by Kellen Kautzman, owner of Send It Rising

Internet Marketing. Learn how to rank higher in Google by creating videos and leveraging photos through Pinterest and create a business blog that drives relevant visitors to your website. Turning the Tide: Water in the Desert Time: 5:30-7:30 p.m. Cost: Free Location: Historic Fifth Street School, 401 S. 4th St., Las Vegas Information: Contact Lonnie Marshall at 702895-4517 or lonnie.marshall@unlv.edu Experts will discuss the supply, quality and management of water in Southern Nevada. Panelists include Jay Bingham of JDB; Robert Lewis of the Lewis Group of Companies; Pat Mulroy, senior fellow for the UNLV William S. Boyd School of Law; and Virginia Valentine, president of the Nevada Resort Association. Registration required at library.unlv.edu/speccol/summer-series.

FRIDAY, SEPT. 8 Chamber University: Building your Brand in Southern Nevada Time: 10-10:30 a.m. Cost: Free Location: Online Information: Contact Danica Torchin at 702586-3834 or dtorchin@lvchamber.com Shaundell Newsome, founder of Sumnu Marketing, will talk about the strategic approaches companies can make to building their brand. Chamber University is a free, interactive webinar series. Sessions are exclusive to Metro Chamber of Commerce members. Women’s Chamber of Commerce of Nevada Power Breakfast Series Time: 7:30-10 a.m. Cost: $30 for members; $40 nonmembers Location: Nevada Room at the Gold Coast, 4000 W. Flamingo Road, Las Vegas Information: Call the chamber at 702-733-3955 Heather Korbulic, executive director of the Silver State Health Insurance Exchange, will discuss the legislative future for health insurance.

Conventions

expected Show Location Dates attendance

Pain Week

Cosmopolitan

Sept. 5-9

1,800

American Orthotic and Prosthetic Association World Congress

Mandalay Bay

Sept. 6-9

2,500

Experience Convention and Tradeshow

Mirage

Sept. 6-8

2,500

Ehlers-Danlos Society Global Learning Conference

Bally’s

Sept. 7-9

600

Brick Fest Live

Las Vegas Convention Center

Sept. 9-10

10,000

SANS Institute Network Security

Caesars Palace

Sept. 10-17

1,200

Las Vegas Souvenir & Resort Show

Las Vegas Convention Center

Sept. 13-16

6,000


“With Anthem, my employees have access to doctors and hospitals across the country and right here in Southern Nevada.” Ryan Flieger

Director of Human Resources, Hard Rock Hotel and Casino

Making sure your employees have access to health care professionals whenever they need them, can make a big difference in keeping your business healthy. At Anthem Blue Cross and Blue Shield, what’s important to you, is important to us. Be it locally, nationally or around the world (with our large networks) and around the clock (with 24/7 NurseLine and LiveHealth Online) your employees can get care the way they want it, when they need it. Including our free mobile app that lets them search for doctors, view ID cards and more, all while on the go. And with our excellent track record for customer service, you can count on us to be there for you when you need us on the journey to a healthier business. We’d love to show you what we can do for your business. Contact your broker or visit us at PowerofAnthemNV.com.

Anthem Blue Cross and Blue Shield is the trade name of Rocky Mountain Hospital and Medical Service, Inc. HMO products underwritten by HMO Colorado, Inc., dba HMO Nevada. Independent licensees of the Blue Cross and Blue Shield Association. ANTHEM is a registered trademark of Anthem Insurance Companies, Inc. The Blue Cross and Blue Shield names and symbols are registered marks of the Blue Cross and Blue Shield Association. 101639NVEENABS 07/17


22

Vegas inc

your Business-to-business news

Sept. 3- sept. 9

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

The List

Category: convention centers (Ranked by convention square footage as of aug. 15) Year established

Convention square footage

Theater capacity

Banquet capacity

Las Vegas Convention Center 3150 Paradise Road Las Vegas, NV 89109 702-892-0711 • vegasmeansbusiness.com

1959

2,182,167

2,000

900

Chris Meyer, vice president of global business sales

2

Mandalay Bay 3950 Las Vegas Blvd. South Las Vegas, NV 89119 877-632-7900 • mandalaybay.com

1999

2,013,697

12,000

20,000

Linda Paterson, executive director of convention services

3

Sands Expo & Convention Center 201 Sands Ave. Las Vegas, NV 89169 702-733-5556 • sandsexpo.com

1990

1,200,000

1,890

1,260

Kirsten Dimond, vice president/general manager

4

MGM Grand Garden Arena 3799 Las Vegas Blvd. South Las Vegas, NV 89109 800-929-1112 • mgmgrand.com

1993

602,000

16,800

6140

Ernest Stovall, vice president of sales

5

Venetian 3355 Las Vegas Blvd. South Las Vegas, NV 89109 702-414-4020 • venetian.com

1999

510,008

8,500

5,667

Chandra Allison, senior vice president of sales

6

World Market Center 495 S. Grand Central Parkway Las Vegas, NV 89106 702-599-9621 • imcenters.com

2005

450,000

20,719

11,050

Philip Knott, vice president of operations services

7a

Aria 3730 Las Vegas Blvd. South Las Vegas, NV 89158 702-590-7171 • arialasvegas.com/meetings

2009

300,000

5,100

3,400

Steve Ouimet, executive director of convention services

7b

Caesars Palace 3570 Las Vegas Blvd. South Las Vegas, NV 89109 702-731-7110 • cetmeetings.com

1966

300,000

5,555

4,160

Lanette Myers, executive director of catering and convention services

9a

Bellagio 3600 Las Vegas Blvd. South Las Vegas, NV 89109 702-693-7111 • bellagio.com

1998

200,000

4,785

2,970

Gregg Herning, vice president of sales

9b

Cosmopolitan of Las Vegas 3708 Las Vegas Blvd. South Las Vegas, NV 89109 702-698-7000 • cosmopolitanlasvegas.com

2010

200,000

5,102

2,290

Doug Gennardo, Senior vice president of hotel sales

9c

Westgate 3000 Paradise Road Las Vegas, NV 89109 702-732-5111 • thelvh.com

1969

200,000

8,904

6,120

Ken Ratigan, director of convention services

9d

Wynn 3131 Las Vegas Blvd. South Las Vegas, NV 89109 702-770-7800 • wynnlasvegas.com

1998

200,000

4,732

3,130

Steve Blanner, Brandon Berger, vice president of convention sales, executive director of catering

13

Bally’s 3645 Las Vegas Blvd. South Las Vegas, NV 89109 702-967-4111 • cetmeetings.com

1973

175,000

4,000

2,660

Bill Dosch, executive director of catering and convention services

14

Mirage 3400 Las Vegas Blvd. South Las Vegas, NV 89109 702-791-7171 • meetmirage.com

1989

171,959

8,650

5,900

Christopher Bond, vice president of sales

15

South Point 9777 Las Vegas Blvd. South Las Vegas, NV 89183 702-796-7111 • southpointcasino.com

2006

170,000

7,800

1,850

Mo Robinson, director of sales

Convention Center

1

Top local executive

Source: The Las Vegas Convention and Visitors Authority at vegasmeansbusiness.com 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. Visit vegasinc.com for more. 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 to Jamie Gentner, research associate, jamie. gentner@lasvegassun.com. Send mail care of VEGAS INC, 2275 Corporate Circle, Third floor, Henderson, NV 89074.


This is Lisa. Lisa hasn’t given a damn about wi-fi since 2007. And that’s good. As an event manager for a major convention center, she’s got other things to worry about... like locating three missing pallets of cheese for her catering team. These days, it never crosses her mind that her exhibitors and attendees will have reliable connectivity. Lisa hired Smart City in 2007, so she knows they will. That’s the peace of mind that comes with a network that just works. Now...where’s the cheese?

SmartCityNetworks.com

In a hectic world, we provide peace of mind. ®


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