The July DLI class at Cushman & Wakefield focused on economic development in Southern Nevada and specifically how developers work with local and regional jurisdictions to move projects through the process; thereby creating taxable revenue, jobs and population growth. Representatives from the City of Henderson, the City of North Las Vegas, and the City of Las Vegas all presented. Additionally, Michael Argier from Panattoni Development shared a case study project involving nine different agencies for completion. Some of the challenges faced included a water channel, easements and a unique land shape. FEMA, NDOT and the City of Henderson were all crucial to completion, demonstrating the complexity of some projects and how business and agencies work together to overcome the obstacles.
Students also learned about the different economic development groups that work to bring companies to Las Vegas through business development, tax abatements, tours and more. Once a company chooses to relocate to Southern Nevada, these same groups work as liaisons to assist with utilities, business advocacy and overall approval processes required. Bringing businesses to Clark County improves the job market, increasing local revenues, advances government systems funded by property and business taxes and often spurs new construction as well.
Special thanks to the Las Vegas Global Economic Alliance for sponsoring our class…we couldn’t do this without you!
2018 DLI Class Vice President
Brenden Graves, Director of Client Services
DC Building Group
702.434.9991 C: 702.957.0600