Despite the struggling economy, the downtown Las Vegas area continues to generate new construction and permanent jobs in Las Vegas. In Fiscal Year 2011, which ended on June 30, completed projects created 1,240 construction jobs, 512 permanent jobs and were valued at $204 million. Projects under construction in 2011 will result in 3,145 construction jobs and 1,724 permanent jobs for projects valued at a total of $853 million.
The City of Las Vegas Economic and Urban Development Projects FY 2011 In Review is available on the city of Las Vegas website at www.lasvegasnevada.gov/eud under Projects, and on the Las Vegas Redevelopment Agency website at www.lvrda.org.
This publication covers 55 projects that were either completed or under construction during Fiscal Year 2011. The projects are as varied as they are numerous: company relocations, business startups and upgrades, housing assistance and more.
“It has been another outstanding year in the downtown area,” said Scott D. Adams, community services chief for the city of Las Vegas. “The positive investment in our urban core has benefited the entire community by putting people to work who can then purchase housing, goods and services.”
Among the highlights of Fiscal Year 2011, were projects that helped diversify the economy. These included App-Order, which relocated from California and designs Web and SmartPhone applications for government agencies and private companies; Barrister Global Services Network, an information technology services company headquartered in Hammond, La; Nevada Health Centers, Inc., which is under construction and will provide quality health care at a very low cost to those who can't afford traditional rates, and the Urban Chamber of Commerce Business Development Center.
The Fremont East Entertainment District and 18b, the Las Vegas Arts District, have witnessed growth as well. Artifice, Bar @ Arts Factory, Lady Silvia and Resnicks grocery store opened in the arts district this past year. Insert Coin(s) recently opened in downtown’s entertainment district and Le Thai restaurant is scheduled to open there later this year.
There have also been cultural expansions and upgrades in 2011, including construction of the Neon Museum Park, the Emergency Arts center’s expansion and the opening of the Cultural Corridor Bridge.
Finally, work will be completed on several major downtown projects in 2012, including The Smith Center for the Performing Arts, the new City Hall Campus Complex, the Neon Museum and the Museum of Organized Crime and Law Enforcement.