Downtown Reno Reborn from Non-Gaming Opportunities
In March 2020, Harrah’s Reno shut its doors when the coronavirus pandemic forced a 78-day shutdown of the Nevada gaming industry and it never reopened. Sold two months earlier for $50 million to Las Vegas-based CAI Investments, the property was previously owned by Caesars Entertainment and VICI Properties. CAI, a real estate development and management…
Read MoreNevada Top in Business Facilities
The 17th Annual Metro Ranking Report by Business Facilities named Nevada as the seventh state with the best business tax climate. The company specializes in economic development and site selection information, also naming the Silver State in the top ten for several other business categories, including population growth and renewable energy. Reno itself ranked high…
Read MoreReno Tahoe Fall Fun You Can’t Miss
Summer weather may be around this week, but that isn’t holding back the fall festivities from starting. There’s no shortage of fun fall activities to try—both indoors and outdoors. We have all of our favorite September and October events listed below. We hope you enjoy welcoming the turn of a new season with a little…
Read MoreIndustrial Development Continues to Boom in Reno Tahoe
Reno-Sparks continues to grow as a Dallas-based developer breaks ground on a large industrial project at nearby Storey County. Mohr Capital kicked off construction last month in July on a 569,400-sqft. industrial facility within the Tahoe-Reno Industrial Center (TRIC). The new $40-million project marks the firm’s first industrial development in Nevada. The project is being…
Read MoreCash Sales Prevail in Red Hot Reno Housing Market
On June 8, the Reno-Sparks Association of Realtors (RSAR) released its May 2021 housing report, which highlighted a $550,000 median sales price for existing single-family homes. From May 2020, this is a significant 37.5% increase. May was also the first month that Reno-Sparks has surpassed the $500,000 median home price mark. The increases come hand…
Read MoreSummer Concerts and Independence Day Celebrations Return to Reno Tahoe
The Northern Nevada community is coming back stronger than ever from the last year that kept us apart from so many of our friends, family, and neighbors. Music is the universal language of celebration and this year Reno and Tahoe have wonderful plans to delight your musical tastes. The Reno Phil, northern Nevada’s largest performing…
Read MoreReno Events Return in 2021
Fast forward about a year from when the COVID-19 pandemic started, and many of the special events that were canceled last year are on their way back to Reno-Tahoe this year. We are so excited to enjoy time with our friends, family, and neighbors as we can gather again in large numbers safely. This is…
Read MoreBest Places to Visit in Reno as Nevada Reopens
Things in Northern Nevada are slowly reopening, and more COVID-19 restrictions being lifted. With Nevada’s reopening plan to reach it’s final stage on May 1, the return to “semi-normal” is much closer than we think. Moving to a new city during a pandemic can be extremely difficult, but with reopening just around the corner we…
Read MoreDiversified Reno Economy Stronger Than Ever
Just next month, it will be a full year of pandemic here in the United States. Despite the economic downturn experienced across the nation, Northern Nevada remains in a period of enormous growth. As a result of the changing economy due to COVID-19, the unemployment rate in the Reno area has double year over year,…
Read MoreNorthern Nevada Fuels Economic Recovery Through Diverse Industry
Despite over ten months of pandemic in 2020, Northern Nevada is in an enormous period of growth. The Economic Development Authority of Western Nevada (EDAWN) has continued to work with quality companies attracted to the region for the tax benefits, work-life balance, welcoming community, and more. Thirty companies in total have relocated or expanded their…
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