Southern Nevada Economic Development Officials Highlight Economic Development Successes

Credit: NAIOP So NV
Credit: NAIOP So NV

Economic development officials with Clark County and the City of Henderson highlighted manufacturing and tourism as ways to diversify southern Nevada’s economy during a breakfast meeting at The Orleans of NAIOP Southern Nevada.

The meeting featured Shani Coleman, director of economic development for Clark County and Jared Smith, director of economic development and tourism for Henderson. The breakfast was moderated by Cassie Catania-Hsu, managing director for CBRE.

Smith pointed out that Haas Automation recently held groundbreaking ceremonies for its 2.4MSF manufacturing facility. Haas’ new facility will cost more than $400M and employ up to 1,400 people. The company is moving from California to Nevada. The facility is expected to be completed by the end of 2026.

Haas also owns 60 acres across the street from its planned facility. The company is anticipated to build 2M-4MSF of speculative space.

Coleman explained that many Californian businesses want to relocate to the Silver State as the Golden State becomes more expensive.

Coleman noted that the County is planning an innovation district in the southwest valley along 215 Beltway from Bufalo Drive to Decatur Blvd. The district will include Switch, the University of Nevada Las Vegas Harry Reid Technology Park and UnCommons mixed-use development.

Coleman also cited the dark fiber line, which received some County funding, that connects the UNLV research park and Clark County to a supercomputer. The introduction of the supercomputer is anticipated to allure innovation companies with a need for high computing power. The County is the only municipality in Nevada with access to a supercomputer. 

Smith mentioned the importance of governmental jurisdictions working together to secure leads within the region. (Source)

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.