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 More

Nevada Top in Business Facilities

The 17 th 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…

Read More

Reno 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 More

Industrial 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 More

Cash 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 More

Reno 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 More

Diversified 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 More

Northern 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…

Read More