EDAWN Board Endorses WC-1 – Protect our community from Truckee River Flooding. This is our chance to make our community better and safer at a minimal fee, while ensuring that we do not lose the $182M of federal funding if this initiative does not pass. WC-1 will not solve all our flooding problems, but after 20 years of talking and studying solutions since our last major flood, it is time to get this done. We need your help to protect our community – Vote Yes on WC-1. For more information or to help with WC-1 “Stop River Flooding”, go here.

Join Us at the 7th Annual EDAWN Existing Industry Awards, Thursday, October 18, 2018, at the Grand Sierra Resort. Give your support to the many existing companies that provide employment to thousands of Nevadans and contribute significantly to our region’s economic vitality. Join us to show your appreciation for the existing employers in Northern Nevada. Registration closes soon, so register now before it’s too late!

Congratulations To The Arts And Business Winners – EDAWN Arts & Business Luncheon and Awards event was held in partnership with the City of Reno, City of Sparks, Sierra Arts Foundation and the UNR College of Liberal Arts. The luncheon recognized local businesses and individuals in Greater Reno-Sparks that have demonstrated exceptional support and engagement with the local arts and culture community. More than 450 local business representatives, government leaders, and individuals in the arts community attended the event.  Here is the press release announcing the winners. Here is the press release.

EIN News – Elemental LED Hosts Grand Opening of New Headquarters – Elemental LED, a leading U.S. based engineering and technology company that manufactures LED lighting solutions, held a Grand Opening Celebration on September 18, 2018 to welcome the local community to the new Company Headquarters in Reno, NV. Elemental LED provides a wide variety of superior quality linear, task, and accent LED lighting solutions for all types of applications under the Diode LED product brand. Here is the full story.

The Union – Plenty of reasons why Northern Nevada is a great place to live, work and play. Reno’s proximity to Silicon Valley, combined with its affordable land, low cost of power and lack of state income tax, have drawn some of technology’s largest companies to the region in recent years. Technology and tech entrepreneurship have become flourishing industries in the Truckee Meadows and join historic anchor industries such as gaming, tourism, construction and logistics. Here is the article.

Housing Wire – 2-City housing boom hits Nevada – In the past five years, the Reno-Sparks MSA has benefited from a successful campaign to attract tech to the region. The latest VeroFORECAST from Veros Real Estate Solutions predicts that real estate in the MSA will appreciate at a rate of 9.5% over the next year, ranking it sixth out of the 354 MSAs included in the report.  The region is the site of the Tesla Gigafactory, with more to come from Blockchains, Google, Jet.com, and Switch.  Here is the story.

Mercury News – Is a Reno Relocation in your future – For people who live and breathe all that Reno-Sparks Metropolitan area has to offer, Nevada’s significant tax benefits for residents and businesses are simply icing on the cake. Couples, families, retirees, and businesses relocate to Reno for much more than the absence of personal income taxes, corporate taxes or an inventory benefit. Here is the fully story.

Yes, our apartment rents are high at $1,253 a month on average but still well off the national average of $1,412 according to the recent RENTCafe Apartment Market Report.  Fewer than expected apartment deliveries this year are increasing competition among existing apartments, pushing up the national average rent by another 3.1% year over year. While we have one of the fastest growing rents in the country, we are still just 1/3rd of the average rents paid in San Francisco. (See Report Here)