John Ascuaga's Nugget the Personal Touch His Key to Success
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Build the home of your dreams in Seven Hills. 1/3 to 1/2 acre lots from the $zoo,ooos call 897-7000 :; CUSTOM HOMESITES A Henderson comrrunity deYeloped by the Silver Canyon Partnership. COMMENTARY jBUSINESS Conflict ollnterest? 40URN:,~1 CORPORATE BOARD OF DIRECTORS Lance Bradford - Partner, Bradford & Bradford CPAs Lyle Brennan -Publisher, NBJ Stephen Brock - President, NBJ Philippe Jaramillo - President, Mardi Gras Hotel LYLE E. BRENNAN Publisher Dr. Anthony Pollard -President, Rainbow Medical Center Frank Scott - CEO, Sports Media Network ... caught in conflict of interest," has been the subject of many newspaper ADVISORY BOARD OF DIRECTORS Scott Voeller- Dir. of Advertising & Public Relations stories, especially as of late. What can one do to avoid being the recipient of Silver Legacy Resort Casino such negative recognition? Mary S. Falls - Vice-Pres. Northern Nevada Business Banking US Bancorp A conflict of interest can be defined as "a situation in which a person, such as a Somer Hollingsworth - Pres. evada public' ' official, an employee, or a professional, has a private or personal interest suf Development Authority Larry E. Krause - Partner and Director ficient to appear to influence the objective exercise of his or her official duties." Arthur Andersen LLP Political scientists, Ken Kernaghan and John Langford, list seven categories of MaryDean Martin - Pres. MaryDean & Associates Clare O'Brien - Dir. of Marketing McCarran Airport typical conflicts of interest: Stan Thomas - Dir. of Special Business Projects 1. Self-dealing (i.e. working for the gove=ent and using your official position to Sierra Pacific Power Company Carole Vilardo - Pres. Nev. Taxpayers Assoc. secure a contract for your private consulting company, or using your gove=ent Patrida M. Wade - Pres. Wade DeVelopment Co., Inc. position to get a summer job for a member of your family); PUB USHER 2. Accepting benefits (i.e. bribery); Lyle E. Brennan 3. Influence peddling (i.e. receiving benefits from a party in return for using your PRESIDENT Stephen Brock influence to unfairly advance the interests of that party); ASSOCIATE PUBUSHER - EDITOR 4. Using your employer's property for private advantage (i.e. appropriating office Connie Brennan supplies or software for your own personal use); ASSOCIATE EDITOR - ART DIRECTOR Barbara L. Moore 5. Using confidential information (i.e. upon learning a client is planning to buy land CffiCIDAnO~~UTION in your region, you rush out and purchase the land in an' associate's name); Usa Maguire CONI'RIBUTING EDITORS 6. Outside employment or moonlighting (i.e. setting up a business on the side that Tom Dye I Kathleen Foley I George Fuller is in direct competition with your employer, or taking on so many outside clients David Hofstede I Jan jones I Sandy Miller joe Mullich I Richard Perkins I Randall Putz that you don't have the time and energy to devote to your regular duties); jennifer Robison I R. Keith Schwer I Michael Sullivan 7. Post-employment (i.e. a person who resigns from public or private employment CORPORATE OmCE 2127 Paradise Road • Las Vegas, NY 89104 and goes into business in the same area, lobbying the former department in (702) 735-7003 • FAX (702) 733-5953 which he or she was employed). email:www.nevadabusiness.com NATIONAL MARKETING REPRESENfATIYE How do you determine if you are in a conflict of interest, or entering into that Usa Maguire quagmire? The answer surfaces when a particular situation offers the appearance of, SOUlliERN NEVADA MARKETING REPRESENTATIVES Stephen Brock or opportunity for, compromising your judgment in performing your official duties. Christopher Evans • Letty Elias You should ask yourself: "would others (my employer, my associates, my clients, or Claire Smith • Uz Young NORTIIERN NEVADA MARKETING REPRESENIATIVE my constituents) trust my judgment if they knew I was in this situation?" The Elizabeth Younger Agency Tiffany Frisch Private and personal interests can distort a person's objectivity. It is definitely eas 223 Marsh Ave. • Reno, NY 89509-1626 ier to recognize when others enter into a conflict rather than when you do. It may be (702) 329-4200 • FAX (702) 329-4283 useful to talk to a trusted associate or friend when you are in doubt. Once you recog Nevada Business Journal is Jj sted in Standard Rates & Data, #20A-Business-Metro, State & Regional. Advertisers should conlact Sales at (702) 735-7003 in Southern nize you are heading into a conflict of interest, or already involved in one: get out of Nevada. or (800) 242-0164 in Northern Nevada. or write to: Neva da Business Journal, 2 127 Paradise Rd .• Las Vegas. NV 89104. the situation, or, if you can't, make known to all affected parties your private interest. Demographic infonnation available upon request. Month-to-month circulation may vary. Most of us regularly encounter potential conflicts of interest during the course of NBJ is published monthly. bulk poslage paid. Subscription r.lle is $36.00 per year. Special order single-copy price is $3.95. All contents © 1997 copyright, and reproduction of material appear our daily lives. Regardles the circumstances, one must strive to steer clear of such eth ing in NBJ is prohibited unless so authorized by the publisher of NBJ. CHANGE OF ADDRESS: Please send previous address or mail ical entrapments. Private and personal interests can distort a person's objectivity and ing label & new address. Allow six weeks. EDITORIAL SUBMISSIONS: Address all submissions to the can result in irrevocable damage to one's reputation and credibility. attention of Connie Brennan. Unsolicited manuscripts must be ac companied by a self-addressed stamped envelope. NBJ assumes no responsibility for unsolicited materials. DISCLAIMER: Editorial views expressed in this magazine COMMENTS? e-mail: [email protected] are not necessarily those of the publisher or its boards. 4 evada Business Journal • November 1997 of letters from visitors that touted out Tallc \. From standing service were shared with the audience. And, while tourists expect Dear Editor: exceptional service ... locals demand it. Hooray for a publisher with both con the Anyone in the resort business will tell viction and guts. Most are being so care you that locals are their toughest cus ful to be "politically correct" that they tomers. And, it only takes a trip out of don' t stand for anything anymore. Oh, for Editor town for us to realize that we are, indeed, a few politicians with real convictions and spoiled to the superior service provided the integrity to express them. But now I'm CONNIE BRENNAN Editor here in Nevada. off into fantasy land on a rainy day. Having just returned from a trip to the Enjoy the Nevada Business Journal Midwest, I can tell you that not everyone and what always appears to me to be Customer Service? grasps the concept of customer service. objective reporting. The entire experience ... from transporta -You Bet! tion ... accommodations ... and food ser Charlie Abbott vice was several notches below the service President Last month the Las Vegas Chamber of routinely delivered in Nevada. Abbott's Audio and Video Commerce made a big d_eal out of And, while management may set the Customer Service Week ... and rightfully policy, the real credit belongs to the thou r J "'.: I [.1 I ( so. Nevada's continued success depends sands of front-line workers that deal one ~ .!J -!.) J .1 on our ability to continue delivering on-one with the customers. They are the superior service. ones that have made Nevada the resort Dear Charlie: At a recent Chamber luncheon cele capital of the world . . . and they are the Thanks for writing and thank you for your brating Customer Service Week, a number ones on which our future depends. • kind comments, howeve1; our publisher needs no more encouraging. - Ed. COMMENTS? e-mail: [email protected] ARE JUST TOO IMPORTANT TO mss ... AND OUR 1ST A.'iNIVERSARY IS ONE OF THOSE OCCASIOl\S. You can help celebrate with us! 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For more information about Liberty Mutual and ways to MUTUAL. - save on your entire insurance package, contact Tom Keegan at 1.702.260.9394, ext. 21. 'the freedom oj Libert']. e 199i Libert)• Mu1ual GI'QUp November 1997 Volume 12 -No. 11 Features 8 GAMING- Nevada's Prime Economic Force BY JENNIFER ROBISON Industry public officials, executives and analysts discuss the current and future prospects ofgaming in Nevada. 17 Industry Leaders Speak Out BY JE IFER ROBIS01 Some ofNeva da's leading gaming executives talk about issues confronting the industry. 20 State Taxes- How does Nevada truly rate? BY MIKE SULLIVAN Is Nevada really the third lowest taxed state in the U.S. , or do the On tbe Co11er: Pbantom Belle is one ofthe 3-D video games numbers tell a different story? ... It depends ... ofchance offered on Silicon Gaming~ new OdysseJ• digital slot macbine. 55 TopRank Nevada STATEWIDE BooK OF LISTS REsEARcH BY usA MAGUIRE EMPLOYME 'T AGE.t\'CIES • GAMING SUPPlY & SERVICE COMPANIES • HOME HEALTH CARE PROVIDERS HOTELS & RESORTS • INSURANCE COMP NIES • POOL CO. TRACTORS • PREFERRED PROVIDER ORGANIZATIONS • SMALL BUSINESS ADMINISTRATION (SBA) LE.t\'DERS • SHOPPING CENTERS 34 THE CHALLENGES OF HOTEUCASINO CONSTRUCTION BY JENI'HFER ROBISON Building Builders and contractors share concerns and discuss solutions. Nevada 37 KEEPING YOUR HOME SECURE BY TOM DYE Homeowners today have access to a wide selection ofsecurity ci(wices. 39 Q&D CONSTRUCTION TEAM BY JA! JONES Taking on Reno I Tahoe's fun projects. 41 STUART MIXER COMMERCIAL BY DAVID HOFSTEDE Innovative software puts the brokerage firm on the cutting edge. 43 BUILDING NEVADA NEWS IN BRIEF Page34 45 COMMERCIAL REAL ESTATE MARKET REPORT Industrial Market Summmy - Compiled by Lee & Associates and Grubb & Ellis. Departments 4 COMMENTARY BY LYLE BRENNA.N 48 SPEAKING FOR NEVADA BY RICHARD PERKINS Legislative accomplishments 5 FROM THE EDITOR • TALK • TALK BACK achieved during the 1997 session. 49 INSIDE POLITICS BY MlCHAEL SULLIVAN 27 EXECUTIVE PROFILE BY KATHLEEN FOLEY It's a dirty business. Manny Cortez - At the helm of the Las Vegas Visitors and Convention Authority. 50 TAX TIPS BY NEVADA CPAS Applying for a Mortgage 101. 28 ATTHETOP BY SANDY MILLER 51 CUTTING EDGE BY RANDAI.L PUfZ John Ascuaga's Nugget - Technology as your recruiting john Ascuaga's Nugget The personal touch his key to success. partner. Part two of two. Page28 30 NBJ DIRECTORS 52 BUSINESS STRATEGIES BY GEORGE FULLER A brief introduction to the distinctive Positive ways to demonstrate members of Nevada Business journal's leadership. Board of Directors. 68 PEOPLE ON THE MOVE 4 7 LIFESTYLES BY KATHLEE1 FOLEY 70 NEVADA BRIEFS Hotel Restaurants: 73 BUSINESS INDICATORS BY R. KEITH SCHWER Palace Court Restaurant Benihana Village, Hilton Hotel - Las Vegas Page47 White Orchid, Peppermill Hotel- Reno 74 COFFEE BREAK BY JOE MULUCH Palace Court, Caesars Palace - Las Vegas Don 't lose your arch-nemesis. lndustrq publi[ offi[ials. eHe[utiues and analqsts dis[uss the [Urrent and future prospe[ts of gaming in lleuada BV JElllliFER ROBISOll evada's gaming industry has THOMAS TAlT, EXECUTIVE DIRECTOR OF Is depending so much on one type of long been the state's eco THE NEVADA COMMISSION ON TOURISM enterprise for a substantial source of n revenues a problem? nomic reason for being. Howev How important are gaming's tax contri Difficulties are always possible when er, a number of trends and issues butions to Nevada's economy? an over-reliance on any particular indus Gaming revenues pay for virtually all try exists. However, Nevada is taking a are surfacing which could the education our primary and secondary lot of steps to diversify its economy. impact - both negatively and school students receive, and they're also Also important, is that we're seeing positively - Nevada's gaming a significant contributor to our university diversification in our tourism product. budgets. Gaming taxes also go into Whole new markets for convention and and tourism business. Here, Nevada's general fund, so the industrY incentive travelers [those who win a trip some of the state's leading gam contributes to nearly all state expendi through a sales initiative, for example] tures in some way. are opening up. These towists aren't ing analysts talk about where we've been, where we are and Photographs of new generation digital 3-D video gambling games provided by where we're going with gaming. Silicon Gaming. Photo lllustration by Barbara L. Moore 8 Nevada Business journal • November 1997 major casino customers, but they con others will represent our industry well. tribute to our economy when they make Terry Lanni [chairman ofMGM Grand] is purchases at retail outlets, dine at our an excellent choice for the commission, restaurants and pay room taxes. and Bill Bible [State Gaming Control We have so many different products to Board chair] is second to none in his showcase now. For example, MGM Grand knowledge of gaming regulations and should have 300,000 square feet of con enforcement. John Wilhelm [Culinary vention and exhibit space completed by Union International secretary/treasurer] next April, and Caesars Palace will add WE CAN PROTECT OUR MARKET brings the entire history of organized 110,000 square feet of convention space SHARE BY CONSTANTLY REMINDING labor and its role in the development of by the year's end. This type of develop Nevada as a gaming destination. PEOPLE THAT NEVADA HAS THE ment makes us more competitive with We have to remember that the commis BEST IN EVERYTHING - BEST ODDS, other major convention markets, such as sion was not established to serve as a BEST PAYOFFS, BEST VALUE, THE Washington D.C., Chicago and San witch hunt. I have high hopes that the Francisco. Nevada as a whole is increas BEST OVERALL VACATION EXPERI wealth of knowledge those on the com ingly recognized as a major player in ENCE YOU CAN POSSIBLY HAVE . mission possess can be positive for gam convention and incentive markets. - Thomas Tait ing and Ne~ ada. Should we be concerned about the effect years won't just revolve around domestic the nationwide spread of gaming might gaming- we're seeing large-scale casinos have on our position in the world market? open throughout the world. There are lit What the expansion of gaming through erally a dozen casino operations of size in out the country has really done is open a Australia, South Africa and Monte Carlo, BILL BIBLE, CHAIR OF THE STATE GAML G whole new customer base for us. Having for example. Whether these casinos will Co TROL BOARD gaming in their neighborhoods has ex appeal to Nevada's tourists as destination posed people to something that once was resorts is something over which we have What's the state of hotel/casino develop seen as very negative. They're learning to remain very, very watchful. ment in Nevada? Are we still growing gaming isn't as bad as they thought, that expansively, or are things slowing a bit? it's actually just another form of recre Occupancy rates are down in Las Vegas. Approaching it from a regional basis, ation and entertainment. Those seeing Are we overbuilding? current growth within the industry is gaming for the first time this way will still Occupancy has dropped by a couple of focused almost exclusively on Southern understand that Las Vegas ar1d Reno rep percentage points, but we have to remem Nevada. The Reno-Sparks area has had resent the ultimate gaming experience. ber inventory has increased by several some additions, including the Silver This does, however, mean that we aren' t points. If we've had a 1.2 percent drop in Legacy. But the bulk of expansion the only players in the gaming industry occupancy, for example, but a 7 percent remains in Las Vegas. anymore. We need to vigorously protect increase in inventory, the net result is a The reasons for that come partly from our market share, and we can do that by gain in occupancy. If a market has the differing attitudes toward growth in constantly reminding people that we're 100,000 rooms one year, and 107,000 the each region, and partly from the fact the best in everything - best odds, best next, and occupancy drops from 84 to 83 Southern Nevada appeals to many varied payoffs, best value, the best overall vaca percent in the same year, it's not accurate markets. Las Vegas is more national and tion experience you can possibly have. to say occupancy rates have fallen. international in character, whereas North em Nevada focuses more narrowly on What else can we do to prevent other How do you foresee President Clinton's Northern California and Oregon markets. gaming markets from chipping away at gaming commission affecting Nevada's our tourism base? gaming industry? What are some of the key issues We have every chance in the world to The impact the panel will have on gam currently facing the state's gaming maintain our market share as long as we ing in Nevada is virtually impossible to industry? keep our product fresh, don't let the paint predict because of the divergent views it Increased competition represents one of dry too much and keep our lawns beauti represents. While some members of the the bigger issues we have to contend with. ful. The competition issue in the corning commission are hostile toward gaming, We have a lot of competition now that we November 1997 • Nevada Business journal 9 The provider of choice for more employers, delivering quality care to over 72 0' 0 0 0 Las Vegans. 3' 0 0 0 of the finest physicians and medical professionals. 25 years of growing with Las Vegas. 7specialized centers of medical excellence. 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Affiliated with Oasis Health System . ...J~ . ~ ~ UHa ~ ~.~., SUMMERLIN The Lakes Pueblo Z2ZGOLDRING ~ ~ VCJII'eY ------DIAGNOSTICANDSURGICALCENTER .-,"-, - • Ha November 1997 • Nevada Business Journal 11 We recently had a big debate in the Another factor is that we don't have Legislature regarding casinos in residen enough air travel corning into the Valley. tial areas. Are there any other legislative Our market in Las Vegas added 13 per topics that you see emerging? cent to its inventory this past year. That's Casinos in residential areas is a major an unheard of level of expansion, and it issue, and we'll certainly see more de takes time to assimilate such develop bates in the future regarding where and ment. With 12,000 new rooms last year, what type of gaming is appropriate. Regu and 9,000 projected for the next year, it latory structures for the gaming industry will take two to three years to absorb in Nevada have been resolved and stable the growth with increased traffic. We for a number of years - we have the shouldn't be panicking about occupancy longest history of established regulatory rates at this time. policies in gaming of any state. WhHe we don't need any major overhauling in that We've been at 30 million visitors per year GAMING IS THE ICING ON THE CAKE regard, what we are likely to see is the in Las Vegas. What can we do to attract continued debate and dialogue about zon more tourists, aside from enhancing FOR OUR TOURISM INDUSTRY, BUT ing issues - where we can actually put travel networks and facilities? WE HAVE TO KEEP OFFERING REA- gaming operations. We need to continue creating entertain ment venues that are entities within them- SONABLE RATES FOR OTHER AMENI- • selves, b~cause that's given us the ability. TIES, SUCH AS HOTEL ROOMS, to market Las Vegas as a more exciting place than it has been in the past.. Local RESTAURANTS AND ACTIVITIES ASSO- properties all have a market base to draw CIATED WITH MAJOR RESORTS. MANNY CORTEZ, PRESIDENT, LAS VEGAS from, and we need to reinforce that. CONVENTION AND VISITORS AUTHORITY I can't repeat strongly enough: remain - Manny Cortez ing competitive means offering tourists Describe the challenges we're facing in value for their dollar. Las Vegas is not a We thought there'd be more growth in the Southern Nevada gaming industry. destination that lends itself well to $300 or the gaming industry across the country at The issues we're confronting are varied, $400 rooms. If we want people to spend this point than we've actually seen. A lot but the most significant one continues to money on gambling, we have to keep of jurisdictions have looked at gaming and be providing entertainment options for a other facets of our industry affordable. have decided not to pursue it, so gaming more sensitive traveling public. Tourists expansion outside Nevada has slowed. are more sophisticated when it comes to As more non-gaming businesses arrive Also, we draw a critical mass of visitors, finding value and good prices. Gaming is in Southern Nevada, do you see gaming and we benefit from a certain acceptance the icing on the cake for our tourism playing more or less of a role in our level. That will make it difficult for others industry, but we have to keep offering rea economy in the future? to replicate our gaming industry, and we sonable rates for other amenities, such as Gaming will always be at the forefront should be able to retain our market share. hotel rooms, restaurants and other activi of our economy. It's what allows us to We do have to increase tourism in ties associated with major resorts. keep our taxes low. Our reduced sales Nevada if we're going to fill the number We can't lose sight of the importance of taxes, relatively low property taxes and of rooms expected to be built in the next value, and we need to be careful about lack of inventory taxes are being absorbed few years. We're seeing an awareness of pricing ourselves out of the market. by gaming. That's what attracts many of that understanding with the addition of these new companies to the area. If we gates at McCarran International Airport, Should we be worried about falling hotel ever lose our gaming industry, our tax cli for example, and with the improvements room occupancy rates? mate could become unhealthy, and we to corridors of road travel between South Occupancy rates are a cyclical problem. would see residents and businesses mov em California and Nevada. Also benefi The tourism industry is very fragile, and ing to other venues. cial to drawing more visitors is that our can be affected by factors ranging from product mix has changed considerably in the weather to economic conditions Do local casino executives share their the last 10 years. There are more options around the world. This past winter, we concerns with you? in terms of retail and entertainment expe had floods in the Midwest and in some They express concern over such issues riences, and that diversity will continue to of our major Nevada markets [such as as occupancy rates and the number of vis attract people to the state. Reno] ; these things can affect travel. itors we have in Las Vegas, as well as the 12 Nevada Business Journal • November 1997 WE'VE BEEN ABLE TO MARKET THE RENO-SPARKS AREA AS A YEAR ROUND DESTINATION FOR BOTH GAMING AND NON-GAMING ACTIVI TIES. WE'RE DISTINGUISHING OUR SELVES AS A COMPLETE DESTINA TION, COMPETING IN THE ARENAS THAT OUR RESOURCES MATCH. - Phil Keene ; l fluctuation in gaming revenues. Most of them are bullish on Las Vegas, and they Customizing Your Telecommunication eeds aren't anticipating a downturn. They have faith in our economy, and they're willing to reinvest in it. That's why we're seeing Our Hospitality Team so much expansion lately. Offers Your Hospitality Team ... Are any changes occurring in the type of Pay Telephones Operator Services casino development in Las Vegas? • Up to 100%of coin revenue paid to • Very Competitive guest room Operator If we were simply building casinos with your property Service commission plans hotel rooms attached, we wouldn't be in • Aggressive pay telephone Operator • Your Property chooses rate charged to the successful position we're in right now. Service commissions paid end-users Resorts are increasingly free-standing • Top-of-the-Line Protei Pay Telephones • Property surcharge of up to $3. 50 per call properties with many entertainment activ • Payphone ownership programs • MCI worldwide network ities on site. Such mega-resorts can lure available • MCI Multi-Lingual redundant Operator people in and keep them on the property BOO Service Centers worldwide by providing many different things for • Competitive MCI inbound 800 rates • MCI validation and fraud control them to do. systems l+Outbound 3-Way Calling & Telecomferencing What issues do we need to watch cau • Competitive MCI Outbound Long Distance termination rates • 3-Way Calling and Telecomferencing tiously in the coming years? from guest rooms yielding aggressive The overriding concern for us will be Directory Assistance commissions the intervention in our industry of the • Save up to 50%on Long Distance Assistance federal government. For the federal gov ernment to decide to tax and regulate 3111 S. Valley View, Suite E-120 • Las Vegas, NeYada89102 • Toll Free (800) 672-9080 • Fax (702) 368-0363 gaming like it does many other industries November 1997 • Nev11da Business journal 13 would not be in our interest. Federal What can the Reno-Sparks area do to officials are not best-suited to under draw more visitors? standing how to nurture and enhance We have strategic plans in place for dif gaming as a type of commerce. ferent markets. Potentially huge areas for We need to become more proactive in growth exist in Reno-Sparks. We current showing the rest of the world that we're ly have 18 golf courses locally, but we're more than a state with legal gaming. Our projected to have a total of 50 golf cours quality of life is better for having it than es by the year 2005. Our skiing opportu the quality of life in many places with nities are every bit as diverse and hi gh in out it. We have Little League, churches, quality as those of our neighbors to the schools - this message needs to be east. We can use the initial appeal of gam brought out to all the naysayers who ing to attract visitors, and our natural oppose legali zed gaming. resources (such as Lake Tahoe) to broad en the area's appeal beyond that. What type of hotel/casino development have you been seeing in the region? L AS VEGAS IS L AS VEGAS, AND Since the Silver Legacy [mega-resort] WHAT WE'VE BECOME IN THE LAST PHIL KEENE, PRES IDENT/CEO, RE o-SPARKS came online about three years ago, much EIGHT TO 10 YEARS IS VERY DIFFI CONYENTIO AND VISITORS AUTHORITY of the building activity has constituted CULT TO DUPLICATE. PEOPLE ARE expansion within existing facilities. The Is the number of visitors coming to ugget has added a second hotel tower, COMING HERE TO GET AN EXPERF the Reno-Sparks area up or down in and the Atlantis has very ambitious expan E CE THEY CAN'T HAVE ANYWHERE recent years? sion plans slated for the next few years. ELSE. IF ANYTHING, GAMING IN The number of visitors coming to the This shows increasing confidence in our OTHER REGIONS PROVIDES US WITH area has been fairly stable, at about 5.6 economy. Those who invest in our com FEEDER MARKETS. million annually. The floods in January munity feel strongly that growth potential -Don Snyder and February dampened our first quarter exists, and that should encourage invest numbers, but we've made up significant ment in other· sectors as well. ground in the second quarter. We've had We're increasingly moving toward an exceptional second quarter this year. How will the Reno-Sparks area continue whole environments rather than just to improve its gaming-friendly climate? attractions. Properties are going to do What's contributed to Reno-Sparks' The city council is considering numer more to retai n visitors for longer periods second quarter success? ous proposals for downtown revitalization of time. To remain successful, developers We've been able to market the area as a and beautification. The Truckee River will need to pay attention to establishing a year-round destination for both gaming running ri ght through the center of town is total environment with timeless qualities. and non-gaming activities. We have rivers one of the great natural and promotable and forests, skiing, golfing, the National resources we have, and we're going to Do you think lower occupancy rates indi Bowling Stadium - all of these elements look for options to enhance the area. cate that we 're overbuilding? are enabling us to develop an image of Another high priority of ours entails We always need to be concerned about Reno-Sparks as more than just a gaming expanding services at our airport. For occupancy rates, because that keeps us environment. We're distinguishing our those not driving into Reno-Sparks, our focused on determining how we're going selves as a complete destination, compet airport's size limits our ability to accom to look for new markets and bring more ing in the arenas that our resources match. modate additional visitors. visitors into Las Vegas. It remi nds us to concentrate on enhancing the quality of What will be the challenges for Reno's new development. gaming industry in the next few years? As far as current occupancy levels, the One of the challenges we're all con McCarran expansion should help in keep cerned about entails the proliferation of ing occupancy from becoming a problem. other gaming opportunities across the Do SNYDER, country. It signals a need for us to diversi P RESIDENT OF B OYD G AMlNG How do we attract more tourists to fy our tourism base as a means to com Southern Nevada? pensate for the fact that gaming may not As gaming continues to evolve in Las The type of product corning online will be the number one reason people are com Vegas, do you anticipate changes in the help draw more tourists. The new ing to Reno. type of development we see? marquee properties - Bellagio, New I4 Nevada Busin ess journal • November I99i York-New York - are the kinds of devel opment that attract worldwide attention for the entire region. The bar has been raised in terms of the kinds of properties coming to Las Vegas, and we should all answer the call to raise the quality of development here. We can accommodate a tremendous number of The Money Store Commercial Lending Division is people from all over the world, especially pleased to announce that Mike Rogers is the Business as we work on infrastructure issues. Development Officer in the company's new Las Vegas Might gaming in other areas detract office. from our gaming industry? Mike has been living and working in Las Vegas This has been an issue for a number of for more than 14 years, including seven years in the years. When Atlantic City legalized gam banking industry. This experience has taught Mike two bling, people were concerned about it tak important things about life in Las Vegas: 1) Expect the ing away from our gaming and tourism unexpected and 2) Move quickly and efficiently. These industry. It didn't happen. Las Vegas is Las Vegas, and what we've become in the valuable lessons are Mike's key to doing busine~:; in last eight to I 0 years is very difficult to the fast-paced, winner-take-all climate of the Las Vegas duplicate. People are coming here to get business community. an experience they can't have anywhere As America's #1 SBA Lender, The Money Store~ else. If anything, gaming in other regions offers commercial real estate, working capital and provides us with feeder markets. equipment loans for owner/users. Where are you seeing more of your actu • Complete financing- al gaming revenues come from? The industry is being driven increasing • Up to $2.5 million· ly by the technological side of the busi Mike Rogers • Up to 25 year tenns· ness. Technology is giving rise to innova • Fully amortized tions in slot machines, and the slot (702) 233-9610 machine has emerged as the driver of the industry. I think that trend will continue. J'HE MONEY S'IOR.E' Where will locally-oriented casinos fit in as our gaming industry heads into the America's partner for growing businesses http://www.themoneystore.com future, especially as mega-resorts contin ue to come online? 'Loan programs may be offered by The Money Store Investment Corporation (TMSIC) or The Money Store Commercial Mortgage Inc. (TMSCMI), subsidiary corporations of The Money Store Inc. loan terms and conditions may vary based upon tending program, subsidiary and applicant qualification . Locally-oriented properties and mega resorts have very different markets. Locals don't always like to go to the Strip, and casinos targeted toward locals can give them an alternative to the traffic and EARN TOP DOLLARS! congestion there. As our community con tinues to grow, there will be a market for • • • • • • • •• • •• •• gaming companies that can build proper ties geared toward locals. Join the Winning Team! The Nevada Business Journal is now hiring What are some issues and concerns you Marketing Representatives. think we'll need to address in the next five to 10 years as a community and a If you are interested in this challenging yet profitable career and gaming-intensive economy? have a minimum of 2 years ad sales experience, please fax your Nationally, we're going to have to resume to : Stephen Brock, Nevada Business Journal, 733-5953. address issues regarding responsible Norember 1997 • Nevada Business Journal 15 Silicon Gaming's Odyssey digital slot machine offers players a choice of gaming. Locally, we'll need to focus on six video gambling games all broadening our entertainment industry, in one machine. with gaming at the core. We need to have our economic engine as diverse as possi ble in terms of both product and customer. We're seeing more industry competi tion in Las Vegas, and that can be healthy. Some properties will respond more effec can address some of the crit tively th an others to that challenge, but as ical issues - taxation and Indi- an industry, we've raised the standard as an reservation operations, for to what we need to do to stay successful. example- actually facing gam ing today. The people on the panel have solid backgrounds, and they face unique challenges, but I think real potential exists for accomplishing good things. RHETI L ONG, VICE-PRESIDENT OF MARKETING FOR THERE 0 Hl.LTO I Is there anxiety in the Reno Sparks market that gaming in Have gaming and tourism traditionally other areas will detract from played as strong a role in the Reno econ ..gaming there? omy as they have in Las Vegas? With certain niche markets, this Yes. Gaming in Reno extends back to is absolutely a concern. We're before Las Vegas was a significant city. If finding, for example, that poker you look at the total number of people rooms in California have hurt gaming and tourism employ, as well as the poker rooms in both Reno and number of resorts we have here, you can Las Vegas. However, we need to see our economy has been and is still dri remember that there's still only ven by tourism dollars. one Nevada. No other place in the IT'S IMPORTANT TO NOTE TECH world can compete with our entertainment Which games are currently the most NOLOGY HAS DRIVEN MANY OF THE venues, the shows we offer, the values we popular and profitable? CHANGES WE'VE SEEN IN WHAT have and the overall experience visitors It's important to note that technology take away from here. TYPES OF GAMES ARE FAVORED BY has driven many of the changes we've THE PUBLIC AND MAKING MONEY seen in what types of games are favored What are some of the issues Reno will FOR CASINOS. PIT GAMES HAVE by the public and making money for casi need to address in the next few years as a nos. A lot of pit games have been on a BEEN ON A 10-YEAR DECLINE gaming-intensive economy? 10-year decline in popularity- keno and BECAUSE VIDEO POKER HAS TAKEN All the things facing us, such as growth poker, for example - because video poker OVER THE INDUSTRY. issues, are positive challenges. One of the has taken over the industry in the last 20 -Rhett Long things restricting our growth is the size of years. Video poker has been a significant our airport and the subsequent lack of factor in the demise of table games, which sion. But they're cautious about such availability of flights to Reno. We'll con continue to slide in appeal. Reel slots are growth, and they want to make sure it's tinue to work at opening up more air-links making a comeback, and have stayed in managed properly. We all want to make to Reno-Sparks. demand with those 55 and older. sure that any development we promote Also, we need to become a bigger fits in with our master plan of where player as a city in terms of new markets. What's the prevailing sentiment in Reno we want to take the Reno-Sparks area in We're starting to break into the conven toward added growth in the gaming the next few years. tion market; next month, the Western industry? Do people in the area want to States Republican Conference is coming increase tourism or see it remain at its Are you concerned about how President to town, and in 1998, Reno will host current levels? Clinton's gaming panel might affect the the National Mayors Convention. We're The residents of Reno understand how Northern Nevada gaming industry? headed in the right direction for the next important gaming is to our economy, so I'm not concerned, because I think the few years, and Reno-Sparks is a great they realize the necessity for some expan- panel, once it's finished defending itself, pl ace to be ri ght now. • 16 Nevada Business journal • No,·ember 1997 Some of lleuada's leadin~ Gamin~ EHe[utiues Talh Hbout Issues [onfiontin~ the Industry BY JElllliFER ROBISOll HEINZ day come in to apply for work, and now GARTLGRUBER we're down to about 35 or 40 daily. To compound the problem, few applicants GENERAL make it successfully through the drug test MANAGER ing and background check processes. HYATT REGENCY We're projected to have 17,000 new LAKE TAHOE rooms in the market by the end of 1999. With each room creating 4.5 jobs, the key issue for all of us will be where we'll find new workers. Our recruitment policies are going to need to become a little more his bas been a good year for our tri market, and when weather makes it diffi broad. We'll also have to pay some atten T property complex [Circus Circus, The cult for those Californians to come to the tion to retention problems. As. new proper Silver Legacy and The Eldorado). As the area, we really feel it. In addition, we're ties go up along the Snip, we'll lravt tv larger properties are more successful, that confronting a bit of an over-supply in develop ways to teach our employees why may affect the area's smaller hotels and gaming, with gambling operations emerg it's often better to stay where they are. casinos in downtown Reno and the ing in other states, especially California. region's peripheral areas. However, 1998 The expansion of Las Vegas mega-resorts shows great promise for the entire Reno bas also impacted our market. market as our convention bookings con We really need to concentrate on how tinue to come in, and as we anticipate the we can better promote the region. At the PREsiDENT opening of the $50 million National Hyatt Regency, 'we're looking into a wide CEO Championship Bowling Stadium. variety of marketing options designed to ,SHOWBOAT The challenges for Reno's gaming attract a more diverse range of clientele, LAS VEGAS industry in the coming few years will and that's something the entire Reno entail competing with the expansion of market will have to look toward doing. rooms in Las Vegas and the lower room While we won't ever be competitive with rates that the more competitive market in Las Vegas in terms of the marketing the south is bringing. We need to continu dollars available to us, it is essential we here's always some concern when ally focus on improving our product, and remain as effective as possible with the T new properties open regarding we're seeing that happen with a lot of the resources we do possess. whether those new properties will detract downtown development and redevelop from existing hotels' market share. In Las ment. We need to highlight that Reno is a E. EDWARD Vegas, where we're continually seeing new properties open, this is an especially different experience from Las Vegas. We CRlSPELL have the opp01tunity to market ourselves prominent issue. This is a global environ as a complete destination, including Lake GENERAL ment, so what happens on the Strip and in Tahoe in the marketing mix. MANAGER Green Valley affects us as well. In track ing head counts, we found that when the IMPERIAL HEINZ GARTLGRUBER, GENERAL MANAGER ._...... ~... Sunset Station opened [in Henderson], the PALACE HOTEL RYATI REGENCY LAKE TAHOE market's head count grew significantly. & CASINO We've taken our share of that. We've been LAS VEGAS usiness has been soft for us and many getting visitation from around the Valley, Bother properties in the market this last which is important for us since we're not year, especially when compared with our ne of the biggest issues the Las Vegas situated in the best neighborhood. stronger years in 1995 and 1996. Winter Omarket will confront in coming years As far as enhancing the customer ser was certainly a difficult time for us, with will be the shortage of qualified employ vice we can provide to our visitors, the flooding and the snow. We're very ees. We just can't get people in to do the automation will be a critical factor. dependent on the northern California jobs. We used to see about 200 people a Automation has helped the gaming November 1997 • N~'l!da Business Journal 17 Look Who~s Reading "When I am in Washington, it is important ''As Mayor, I value the information reported in the for me to know what is going on in the busi Nevada Business journal. It provides an understand ness comm unity. I rely on the Nevada Busi ing of the state's economic development and its ness j ournal to keep me info rmed about diversification. I applaud the NBj and its staff fo r business activities in the Silver State." their co ntinuing efforts to keep the business com munity informed on issues that affect us everyday." Richard Bryan United States Senator Jan Laverty Jones Mayor, City of Las Vegas "I look forward to receiving each issue of the T he Nevada Business journal edito ri~ staff conveys a Nevada Business journal. Every iss ue focuses refreshing approach of the state's economic develop on different aspects of the local economy, ment through well-written, fact-filled editorials. each of which provides me valuable informa T he array of ropiC.s addressed exempli fies the diver tion for my profession." sity of our industries- industries which make Neva da's economy the strongest in the nation." · Joe W. Brown President, Jones, Jones, Close & Brown Tim Carlson President, Nevada Test Site Development NEVADA BUSINESS JOURNAL Offers All This and More! In-Depth Editorial Features • Special Reports MAKE YOUR 1998 ADVERTISING PLANS. ToPRANK NEVADA Statewide Book of Lists Building Nevada - Ttmely construction and development news • Informative Monthly Columns • Business Indicators • Lifestyle • Commentary • Politics • Tax Ttps • People • Special Advertising Supplements Call or fax your subscription order today for Nevada's only statewide business magazine! Talk Radio That Can Affect Your Busin · NEVADA BUSINESS JOURNAL presents Just $36 for one year Building Nevada 800-242-0164 • 702-735-7003 • Fax: 702-733-5953 Saturdays NEWS TALK & Sundays 105.1 KVBC::: 12 NOON 2127 Paradise Rd. • Las Vegas NV 89104 • Website: www.nevadabusiness.com industry by freeing up time and money to we'll become a target for taxation. machines. Currently, slot machines com concentrate on serving our market base. If That could be problematic for a town prise 72 percent of the market's gaming we improve our customer base, we can that will continue to grow well into the mix, which can be problematic because spend more money on attracting and next century. We're developing all the slot machines are impersonal and offer lit retaining the quality employees that are same big city problems other people face tle excitement and opportunity for enthu committed to accommodating customers. in terms of infrastructure demands. siasm. The issue goes back to sensing an It all works together, and we see positive Downtown properties will need to remain aura of discontent among tourists. trends as automation continues to evolve. especially attentive to these types of We have excellent potential for address issues. It's not always convenient for ing this particular problem. We can easily employees and visitors to come down position ourselves as the wave of tomor PmLIP D. GRIFFITH, CHAIRMAN/CEO town, which has become problematic for row in drawing significant events. Las FITZGERALD' S CASINO AND HOLIDAY lNN us. The city has done tremendous things Vegas represents one of the few cities in to help us, but we still have a lot of chal the world that can accommodate, in a e will have to contend with the back lenges to address in this regard. quality manner, events and activities Wlash emerging against gaming. The drawing hundreds of thousands of people. National Gaming Commission was creat We truly have the ability to entertain peo~ ed with an agenda to discredit gaming, JOHN O'REILLY, PREsiDENT pie 24 hours a day. We can house and feed \.. and we're seeing factions come after gam KEEFER, O'REILLY, FERRARIO & LUBBERS event attendees, and we can provide them ing as the next tobacco. They're deter with entertainment options before and mined to find a way, whether it's through e've got to continually consider the after the functions they·came to see. As a taxation or by other means, to target gam Wrisk of becoming a gaming environ community, we need to focus on the ing for some sort of national policy over ment with no excitement. People corning positive aspects of what we are accom sight. We've got to be concerned that as to Las Vegas are seeking entertainment, plishing, in addition to understanding our gaming is raised as a national question, not just warehouses with gaming future potential. • M-Et November 1997 . Nevada Business journal 19- or years, Nevada's elected officials Regional Financial Associates (RFA), the RFA study groups taxes with the levies Fhave trumpeted the Silver State's which recently published its "Cost of municipaJ!ties charge for various items, ranking as the third lowest taxed state in Doing Business" analysis of all the states. such as hook-up fees and business Hcense the country. They have proudly pro Nevada ranked 16th on this Hst. Hawaii fees. This is then divided by total person claimed this fact in their campaign litera was the number one costliest place to do al income to get a final figure. ture, and pledged their commitment to business and Alaska the 50th, with its After seeing the RFA report, Vilardo keeping the state in its current position. extremely profitable energy industry said she had numerous questions about But is the ranking correct? No one keeping the labor productivity high and the criteria used to make the rankings. seems to remember who made the original tax burdens low. Repeated calls to RFA, a consulting firm declaration. As far as anyone knows, Sixteenth costliest place to do business based in Pennsylvania, went unreturned. somebody said it, and everyone else just in the nation? That doesn't seem to jive "Because gaming is such a large part of kept on repeating it. Several politicians with third lowest, does it? But to be fair, Nevada's economy, you can't just use the interviewed for this article seem to politicians never claimed Nevada was the same criteria to evaluate its business cli remember that somebody in the gover greatest place to do business in the nation, mate that you would in other states," she nor's office reported the figure during a just a great place for people to escape said. "These kinds of rankings certainly recent campaign. Of course, no one in the excessive tax burdens. don't reflect the reaHty - people move capitol would take credit for this, but they What the RFA study really shows is that here in droves and we have had numerous contend that if it carne from their office, it Nevada does have some costs and taxes businesses relocate here because of our must be true. that businesses should be aware of. The favorable business cHmate." To find out the real answer, Nevada comparison was broken down and calcu In addition, Vilardo was concerned Business Journal went to the guru of state lated by three components: unit labor about which area of the state was used as taxation matters - Carole Vilardo, long costs, energy prices and state and local a comparison. "You have a different set of time executive director and chief lobbyist taxes and fees. Nevada ranked 13th, 18th circumstances in Reno and Las Vegas," for the Nevada Taxpayers Association. and 15th respectively in these categories. she said. "To use Las Vegas as an indica Unfortunately, Vilardo's answer to the The labor ranking accounts for more tor is to do a great disservice to Reno." question "How low are business taxes in than 75 percent of the overall RFA index, Las Vegas' tremendous growth rate is Nevada?" was not any more enlightening. with energy being the next largest compo one reason for that unfair comparison. "How low do you want them to be?" nent and taxes the third. Nevada's ranking Nevada's ability to keep its taxes and she said with a smirk. "For some taxes, we in the energy index could change in the business expenses low in the face of are the lowest in the country. For others, next few years since the state legislature this enormous growth still amazes State we are extremely high. Take your pick." recently passed legislation to deregulate Senator Bob Coffin. A former chairman There are some national companies that the electric utility industry. That is exactly of the Senate Taxation Committee, he research tax rates across the country and what has happened in the South and will is very proud of the state's tax climate, the report findings to their members or soon happen in the Northeast. but somewhat apprehensive subscribers. One of the most notable is As far as taxes go, to make up its index, the future might hold. 20 Nevada Business journal • November 1997 CAROLE VILARDO- KEEPING THE NTA fOCUSED or the past seven decades - it was formed in "We're not an anti-tax organization, as some F1922 - the Nevada Taxpayers Association has would like to categorize us," she said. "Our asso been keeping a watchful eye on Nevada's tax ciation is recognized throughout Nevada for its climate for business and private citizens. advocacy of sound fiscal policies and promoting "Nevada still has a favorable tax cli It's a private, non-partisan, non-profit advocacy the c-ause of the taxpayer for responsible govern mate, despite all the growth that would, and research group supported solely by its mem ment at a reasonable price." I'm sure, have crippled most communi bership- taxpayers from small businesse , arge Aside from her duties with NTA, Vilardo has ties," he said. "What I continue to worry corporations, individuals and associations. served on two Legislative Interim Committees about is our reliance on the sales tax as a While she certainly-hasn't been their since its dealing with tax issues. She also served on the method to fund expenditures for the inception, for the past 11 v.ears Carole Vilardo has Clark County Transportation Funding Committee; future. Already we have seen steep rises in been the most visible and, at times, vocal member _ J he Integrated Resources Planning Advisory the amount of catalog and computer shop of this pro!Jlinent association. Committee of the Southern Nevada Water Author ping people are doing. If even more tum Vilardo joined the organization in 1986 as its ity and is currently a member of the Governor's to this method because of higher sales deputy director after spending 23 years in private Committee on Health Care. taxes, that could severely hurt retail busi enterprise. She became its president in 1988 and The Nevada Taxpayers Association has offices nesses in the state." can always be found when the issue of taxes is in Las Vegas and Carson City. For membershi Coffin said he has talked with many being discussed statewide. information, call the Las Vegas office at 457--8442. local businesses that are already feeling the pinch of competition from out-of state catalog sellers. "We have to make of small businesses is a concern. "We're ness employment tax. The current Jaw ' sure these businesses are protected, considered to be an entrepreneurial state states each business must make quarterly because they are the backbone of our because of the large amount of small busi payments of $25 per employee. Although retail base," he said. "And raising sales nesses," she said. "It's the smaller busi the final approved measqre was far better taxes doesn't help their cause." nesses that are being hurt by things such than the original proposal, some business Vilardo is also concerned about the as higher sales and business taxes." leaders still voiced opposition because it plight of small businesses. While she says During the 1991 session of the Nevada wasn't based on how much a business her organization is generally very happy Legislature, many small business owners makes, but how many employees it has. with the tax structure in Nevada, the plight protested the passage of the state's busi- The argument small business owners It's Amazing What Our New Business Line Of Credit Can Do. As the owner of a business, you visualize its potential. And U.S. Bank can help make it happen. Our U.S. Simply Business® Premium Line Prime Plus* is perfect for w hatever your business needs. The application is easy with credit approval in 24 hours. 1% Your business can qualify for up to $250,000 without ever having to reapply.** And when you open a Business Select Checking account, your first order of checks is on us. Plus more discounts on a variety of services. Let us help you realize the potential of your business. We know you can choose any bank. We want you to choose us. 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"My doctor says caffeine makes me tense ." make is that when you're paying an employee minimum wage, $25 per quarter seems a steep price to pay. If it was based on revenues or total payroll, then larger businesses, such as gaming, would have to pay quite a bit more. Aside from the business tax, however, Vilardo said Nevada's tax climate is very favorable for businesses. "We don't have a corporate income tax, as many other states do, and our property tax rates are in the lowest percentile," she said. The state's reliance on gaming rev enues, however, concerns Vilardo and other state leaders, as it has for years. "There's no doubt that the success of gam ing has helped our state," she said. "But what is going to happen if the feds decide to start taxing it, as they are now consid ering? It obviously will have a great impact on Nevada." While there's no doubt industries like gaming and mining have helped lower the burden on Nevada taxpayers, the age-old battle pitting business and corporations against private taxpayers still wages on. Residents, specifically those who have moved to Nevada from other areas of the country, want a certain level of services - indeed, many feel they are entitled to them. But often they aren't willing to pay for these needed services through in creased property or sales taxes. "They want the extra services, they just don't think they should have to pay for them," Vilardo said. "I think people should look at services this way: if it's something that you're willing to raise your property taxes to pay for, then it's important enough for government to fmd a way to fund it. If we didn't have gaming and mining, then property taxes and other personal taxes are one of the few ways governments would have to get the money needed to fund services." The good news for all Nevada taxpayers is that, through the urging of the Nevada Taxpayers Association, the Legislature has created a standing committee to study the state's tax distribution formulas. "These are things we need to continually watch and study," Vilardo said. "Condi tions change, and the tax that was fair and equitable at one point may no longer be. That's why we keep watching." • November 1997 • Nevada Business Journal 23 .. He•s one of the 25 most influential people in America .. Time Magazine 5-9am Weekday mornings on NEWS TALK 105.1 KVBC f! MUST KNOW RADIO AD V ERTOR AL ~~_..,-,-_ -"~- --~~c=-- _,_ -- .. - ----~--~.....--~~~----_~']:5~"-.""- - . .,..,.,. ~~---;~- ~:-;..:;.. ~- ·-/----~::' -. - ·: •. -~,:? -;~-~· _,;i- . -~~~ ' ~- ~- - BERGMAN, WALLS & YOUNGBLOOD, LTD. Exciting Architecture for the Casino/Resort Industry ergman, Walls & Youngblood, Ltd. meets the Increasingly Bchallenging needs of today's casino and resort planning field with individual service and a commitment to excellence. A team approach allows BWY to produce distinctive products characterized by aesthetic appeal, function and safety. Joel Bergman, President of Bergman, Walls & Youngblood, Ltd., remembers standing around a wood en table on a platform in a jungle in Laos near the Cambodian border, beside the roar of a monsoon swollen river in a raging downpour, designing what would be a world class resort in what was once a jungle. While the experience was unusual even for Bergman, he says, "That's what makes architecture fun." tion to detail, and the clients access to Bergman breathes life into every the Principle Architect, was carried project, "going to the client, getting forward when in 1994 he was joined into his head, trying to figure out the by Scott Walls and in 1995 by Richard things that can be done to make a Youngblood, forming Bergman, Walls project outstanding, things that the & Youngblood. Ltd.. Together they client may not be aware can be done." have planned, designed and consulted Not only does BWY get satisfaction on numerous projects around the from satisfied clients, they claim there world including The Mirage Resort in is no greater satisfaction than being in Las Vegas (Joel Bergman was the an environment that you have Design Architect), Crown Casino in designed and watching people enjoy Melbourne, Australia, Regency Casino ing themselves. They have had this in Thesoliniki, Greece, the Riverside experience many times since the Prin Resort Hotel Casino in Laughlin, the cipals pose between them over Sahara Hotel & Casino's recent expan 50 years combined talent. sion and Golden Nugget properties in Bergman established Joel D. Las Vegas, Atlantic City and Laughlin. Bergman and Associates Architects in The firm's projects, planned or 1978 after investing 10 years learning under construction, include a casino casino resort design with Martin in Johannesburg, South Africa, the Stern Associates in Los Angeles. For 16 Paris Casino Resort in Las Vegas, the years, his sole client was Steve Wynn Caesars Palace expansion in Las Vegas, and the Golden Nugget/Mirage. The Venture Bay Casino Resort in Pah practice of not accepting more com rump and Club Vegas in Lima, Peru. missions than would allow for the In addition, Bergman, Walls & Olympic North Casino, principle architects' personal atten- Youngblood is expanding their Caesars Palace, Las Vegas Nevada Business Journal ADVER TOR AL project base to include retail planning and design, with current and completed projects including the 56,000-square-foot premier Findlay Toyota dealership at the Valley Automall in Las Vegas, the Saturn dealership in St. George, Utah and El Portal Luggage shops in California, Nevada and Hawaii. "It's just not enough to build anoth er 3,000-room hotel with 100,000 square feet of casino, nine or 10 restaurants, a 1,500-seat showroom, a swimming pool and a health spa:' Says Bergman, "Properties must be unique and offer guests surprises, amenities and excitement not found in their everyday world. Each new venue our firm creates builds on and adds to our experience and challenges our creativity:' "When we begin a project, we get outside of ourselves, not only to get into the vision of the owner who has talent BWY consults and confers the dream and the contractor who has with architects, designers and engi to build it, but ultimately we try to neers from around the world to envision the patron who will use it ensure that their clients always receive and the employees who's workplace the most exciting and highest quality should be enjoyable and functional, product to· be found Says so that joy of being there carries Bergman, "No matter who the client through to the patron:' or what the project, our priority In their continuing efforts to antici remains the same: Responding to pate clients' needs, they have devel all of the client's requirements, espe oped alliances with equally world class cially those relating to the enjoyment and well being of guests:' That phi losophy along with the talent and experience assembled in one firm, is what has made Bergman, Walls & Youngblood a leader in developing world class resorts. Will Joel Bergman have to go to the jungle to develop your project? Paris Casino Resort, Las Vegas Probably not, but just knowing that he will because of the dedicated and Clients select architectural firms for personal service offered by Bergman, many reasons. However, if a client Walls & Youngblood makes this wants excellence, personal service, and team a winner! a respect for both program and budget, then that client will certainly "We believe it is fundamental to the be at home with Bergman, Walls ultimate experience ofa project that the & Youngblood. client and the responsible architect be The new porte-cochere for the Sahara able to freely exchange ideas." FoR MoRE INFORMATION, Hotel & Casino, Las Vegas - JOEL BERGMAN CALL (702) 940-0000 evada Business Journal EXECUTI VE PROFILE by Kathleen Foley MANNY CORTEZ At the Helm of the Las Vegas Convention and Visitors Authority anuel "Manny" Cortez is a longtime The Authority's $12 million budget for Chicago at 3 million convention VISitors. Mresident of Clark County, having parks and recreation enables it to sponsor 1996 was the third consecutive year in li ed in Las Vegas since 1944. After grad events in outlying areas, including offroad which more than 500,000 travel industry uating from Las Vegas High School, he races, balloon races. rodeos and other professionals worldwide recognized Las erved for three years in the U.S. Army, events designed to attract visitors from Vegas as the leader among convention des and then attended Nevada Southern Uni outside the state. It has provided grants to tinations. The LVCVA received the follow ,·er ity. As a young man, he held a variety the Clark County Fair in Logandale and ing 1996 World Travel Award ~ : World's of positions, including working as a park the Fremont Street Expe1ience downtown. Leading Tourist and Convention Bureau, ing attendant at The Dunes, as an investi Although a state political subdivision. World's Leading Conference and Conven gator for the District Attorney, and as the LVCVA board is unique in th at its 12 tion Center, World's Leading Gaming Des a polygraph examiner. In 1973 he was members include five representatives from tination, and Top North American Tourist appo inted by the governor to serve the private sector. Clark County and the and Convention Bureau. Cortez calls the a administrator of the State Taxicab city of Las Vegas each have two represen awards "a credit to the people who work in Authority. Cortez was elected to the tatives. while the cities of North Las Vegas the hotels and to those who live here. Our County Commission in 1976 and served and Henderson have one each: Mesquite success is the result not only of our efforts four terms, deciding in 1990 not to seek and Boulder City· share a seat that alter but also the efforts of the community." re-election. He has served on the Las nates every two years. Private sector mem "We market Las Vegas as a world Vegas Convention and Visitors Authority bers, nominated by the Las Vegas Cham class complete resort destination," says (LVCVA) Board since January, 1983, and ber of Commerce, include three for the Cortez. "Rather than focusing on family acted as chairman from 1985 through hotel industry, and one each for motel entertainment, which some resorts have 1990. On July 2, 1991 he began his current operators and general business interests. been promoting recently, we concentrate appointment as president of the LVCVA. "It's an awesome responsibility," says on the things that have attracted people to The LVCVA brings visitors to Las Cortez, to manage a budget of approxi Las Vegas since the beginning: gaming, Vegas and other Clark County communi mately $82 million, generated by an showgirls, glitz and glamour, as well as ties by promoting tourism, conventions, 8 percent room tax levied on hotel and Red Rock Canyon and the other scenic meetings and special events. Created in motel properties in Clark County. "The wonders in Southern Nevada. Las Vegas is 1955 as the Clark County Fair and Recre room tax is a win-win situation for locals," alive and well, despite some recent reports. ation Board, the LVCVA was charged with says Cortez. "They get the benefit of It has a strong and healthy economy, and a dual mission which has essentially everything we do for the local economy the quality of life is unparalleled." remained unchanged: to attract to the Las without having to pay the tax." Cortez is active in the community and Vegas area a steadily increasing number of Convention Authority statistics show the serves on several local community boards, visitors to support the hotel and motel entire Southern Nevada economy is heavi including Boys and Girls Club Board of room inventory in Clark County, and to ly dependent on the hotel, gaming and Directors, Southwest Gas Board of Direc efficiently operate and maintain all convention industry, which directly em tors and Primerit Bank Board of Directors. LVCVA facilities. As president, Cortez ploys 26.5 percent of the county's labor He contributes time and effort to youth oversees the operations of Cashman Field, force. In 1995, they estimate the direct and activites such as The Lied Foundation, Big the Las Vegas Convention Center and visi indirect impact of tourism put $29.7 bil Brothers and Big Sisters of Southern tor information centers in Jean, Boulder li on in Las Vegas coffers. In fiscal year Nevada and The March of Dimes. Cortez City and Mesquite. The LVCVA has satel 1996, the LVCVA hosted over 3,399 con and his wife, Joanna, have been married lite offices in Chicago, Washington, Japan, ventions attended by 3.3 million delegates. for 38 years and have two daughters. He London and Munich, and employs more This makes Las Vegas the nation's lead loves the outdoors, and his hobbies include than 400 people worldwide. ing convention destination, followed by fly fishing, golf, hiking and biki ng. • November 1997 • Nevada Business journal 27 JOHN ASCUAGA'S NUGGET The personal touch key to success Sandy Miller he two 29-story towers of John T Ascuaga's Nugget sit on what has to be one of the finest pieces of real estate in Reno- the first thing people t_raveUng west on Interstate 80 see as they approach "the biggest little city in America." The hotel-resort, located east of Reno in Sparks, draws a diverse clientele, from the overnight guest to the businessman to the traveler looking for a weekend of gam bling minus the megaglitz of Las Vegas. John Ascuaga's Nugget has a lot to offer guests - l ,600 deluxe hotel rooms, most with incredible views of Northern Nevada's mountains and vall eys, no less than eight award-winning restaurants, an indoor Olympic-size swimming pool with nine spas and much more. The year-round pool at Ascuaga 's Nugget. The complex also includes five 24-hour "My dad is the type to always have Two years later, he invited Marina Aguliz, lounges, the 900-seat Celebrity Show a project," said his daughter, Michonne his wife by proxy, to join him in Idaho. He room, a II 0,000 square foot convention Ascuaga, recently named the Nugget's later sold his interest in the sheep business center, the I ,900-seat Rose Ballroom, a chief executive officer. "I've worked for and started his own family farm which health club, beauty salon, the Race and him for 14 years and he always has some yielded an abundant harvest of potatoes, Sports Book, a casino and an arcade. thing new going on." corn and sugar beets. Jose Ascuaga The Nugget's East Tower, which opened An October 1994 article in Forbes mag instilled a strong work ethic in his two in 1984, has 610 rooms, including two azine estimated that Ascuaga is now mak sons and two daughters and stressed the floors of specially appointed rooms on the ing more than $20 million in annual oper value of a good education. executive levels. The Nugget's $80 million ating cash flow, with high-yielding dollar John Ascuaga earned his bachelor's West Tower, which opened in late 1996, slots his main moneymaker. It's also been degree in accounting a semester early has 802 deluxe rooms, a casino and a 300- said that the second Nugget hotel tower from the University of Idaho and another seat gourmet restaurant expected to open economically impacted the suburb of bachelor's degree in hotel and restaurant this spring. The restaurant, christened Truckee Meadows by $50 million. management from Washington State Orozko after the small Basque village in He's come a long way since he was born University, putting himself through college the Pyrenees Mountains from which John 72 years ago in Caldwell, Idaho to parents by working as a bellman. In 1954, he took Ascuaga 's father emigrated, will feature who had immigrated from the old Basque a job as the food director for a group of Basque and Mediterranean cuisine. country in the early 1900s. His father, Idaho restaurants owned by restaurateur Not bad for a place that began in 1955 as Jose, didn't know a word of English when Dick Graves, who also owned the Nugget, a 60-seat coffee shop with a few slot be first stepped ashore at Ellis Island in then a small cafe casino on B Su·eet. machines. In 1958, the business had grown 1914. Like most Basque immigrants dur Ascuaga moved to the Silver State in 1954 so much it had to move across the street to ing that time, Jose Ascuaga came to Amer and a year later, was named manager of the its current location. lt has since developed ica in search of a better life and got his Nugget. Graves retired from the restau into one of the most popular and lucrative start in the sheep business in Idaho, where rant-casino busi-ness in 1960 and sold his hotel-casino operations in Nevada. there was a large community of Basques. interests in the Nugget to Ascuaga, 28 Nevada Business journal • November 1997 making him the sole owner and operator. Ascuaga took the little coffee shop operation and built it into one of the largest hotel-casino operations in Nevada. He's since come to be known as a leader in the Nevada gaming and tourism industry, a businessman dedicated to excellence but not afraid to branch out and try something new. Today, Ascuaga's Basque roots are reflected in the hotel's architecture and furnishings, a mix of old Basque country and new West. Many of the hotel's fur ni shings came from the Basque country in northern Spain, while the rock in the hotel's walls came from the nearby SieiTa Nevadas, not far from one of Ascuaga's three ranches. At 72, Ascuaga has no plans to retire just yet. The man Forbes estimated as having a net worth of about $200 million still drives to work everyday in his favorite red and white pickup. "That 's a big part of why the Nugget is so successful," Michonne said. "People Idaho Power Company is a progressive, environmentally are comfortable with him. They like the fact that he's a regular guy." responsible, investor owned utility with over 80 years of When he's not at the office, Ascuaga reliable service in southern Idaho, eastern Oregon, and enjoys spending time on his three cattle northern Nevada. You can rely on our resources, service ranches in Jacks Valley, Smith Valley and Bridgeport, Calif., which supply a lot of record and history as one of the lowest-cost energy providers the beef used at his eight restaurants. True in the nation. We will respond to your energy needs and to his roots, Ascuaga keeps a flock of requests with options that are specifically tailored to meet sheep at his home ranch in Jacks Valley. Ascuaga has made sure his business your individual needs in ways that bring maxi mum benefit stays in the family, and his four children and value to your company. learned the operation from the bottom up when they were still in their teens. Today, Reliability three of his children continue to work in the family business - daughter Michonne, Value Pricing son John L. Ascuaga, the executive vice president of casino operations, and son, Fuel Management Stephen Ascuaga, the executive vice pres ident of marketing. Another daughter, Allow us to help you create a strong competitive advantage Camille, lives in Boston with her husband and two children. for your business. Please call your energy expert specializing John Ascuaga's secret to success? It's in in fuel management for the casino/hospitality industry. his ability to make his customers feel at Mike L. Gardner 208-736-3290 home, Michonne said. "My dad has always said we will stay one-on-one with our customers," One Company- Total Service Michonne said. "He really believes in that www.i dahopower.com personal attention." • November 1997 • Nevada Business journal 29 NEVADA BUSINESS JOURNAL is Pleased to Introduce its Board of Directors LA.\CE STEP HE.\ DR. il\TH0\1' BRADFORD BROCK POLLARD ounder and owner of tephen Brock, presi FBradford & Bradford Sdent and associate CPAs, Lance Bradford publisher of Nevada evada's most success has a wealth of experience in corporate Business Journal, became partners with ful family practitioners. He owns and accounting. Prior to forming his company Brennan in 1996. Applying hi s extensive operates Rainbow Medical Centers and is in 1991, he worked for the "Big Six" marketing and management background, on staff at most local hospitals. accounting firm of Ernst & Young Interna Brock immediately launched an expan Rainbow Medical Centers, with five tional where he specialized in corporate sion of the magazine's sales, editOiial and locations in Southern Nevada, are full ser auditing and tax planning. circulation departments. vice medical facilities providing diagnos His accounting firm offers a wide range Brock's successful ways began early in tic services, complete laboratories, x-rays, of account services for an extensive list of his career. At 21 , he had developed a lOG EKGs and pulmonary functions. clients. Bradford & Bradford works with employee landscape contracting company Prior to opening his practice in 1988, several industries including manufactur in Baltimore, which garnered him a nom Pollard served as a senior naval flight sur ing, real estate, development, retail, ination for the SBA's Small Businessman geon for the Department of Aerospace restaurants, gaming, healthcare, and of the Year. He quickly advanced from Medicine. at the Naval Regional Medical financial services. landscaping to the highly competitive Clinic in Adak, Alaska. He was also a Bradford is active in the Southern parking industry where he also excelled. naval flight surgeon at two stations in Nevada community. In addition to his Even though Brock is not a native Hawaii and one in the Philippines. position with Nevada Business Journal, evadan, his roots run deep in the state. Pollard completed his internship at he serves as an advisory member of the His wife, Kathryn, is a native Las Vegan. Riverside Hospital in Wichita, Kansas board of directors of Keepers of the Wild, They recently purchased a home and plan where he was runner-up for Intern of the and an advisor to the board of directors of to raise their Y.oung daughter and new son Year in 1984. He and his wife, Dianne, the Las Vegas Rescue Mission. in Las Vegas near friends and relatives. have two young daughters. LYLE PHILLIPE FRA.\1\. BRE\1\A.\ }ARA_viiLLO ScoTT yle Brennan, publisher hillipe Jaramillo is rank Scott, one of Lof Nevada Business P responsible for the FNevada's most suc Journal since 1986, is daily management of cessful and respected also among Southern properties owned and business leaders, has Nevada's most successful design, archi operated by the Nevadan, Inc. Included in been working in Southern Nevada since tectural and construction entrepreneurs. the company's portfolio are the Best 1941 when he served as a superinten His projects are found throughout Western Mardi Gras Inn and Casino and dent with the Basic Magnesium Southern Nevada and include a wide numerous apartment complexes through Construction Project. range of commercial properties. With an out Las Vegas. His accomplishments and contributions emphasis on high-tech and medical con In addition, Jaramillo and his brother, to the area's economy are renowned. He struction projects, Brennan's development Jean Pierre, developed and operate was the builder and original owner of the company remains in high demand. Easyriders of Las Vegas, a motorcycle Union Plaza Hotel and Casino until 1987, His publishing experience began in the store specializing in Harley-Davidsons. top executive with First Western Savings early eighties when he became one of the Prior to his current positions, and after and Loan Bank from 1972 until 1974, investors of LV Magazine. Brennan later receiving his law degree from Pepperdine founder and owner of DRES Medial purchased LV Magazine, created Reno University, Jaramillo practiced law at a Channel 21 until 1994, chief operating Magazine and acquired Nevada Business civil defense firm in Santa Monica, Calif. officer of HSST (magnetic levitati on Journal, which became his favorite. Jaramillo is active in a number of local train) from 1987 until 1991, and estab Demands from his development compa organizations including the Rotary Club, li shed the Scott Foundation in 1995. ny forced Brennan to streamline his pub Founders Fifty-five, Las Vegas Chamber Scott has been active in dozens of lishing operation. However, he remains of Commerce and Latin Chamber of organizations throughout Nevada and heavily involved in NBJ, the only maga Commerce. He and his wife, Samatha, continues to be among the state's zine he currently publishes. have two young sons. strongest business leaders. • 30 Nevada Business journal • November 1997 (Looking for Hot Tips) & Dynamite Marketing Tools? llliiilllillll--~llllil NEVADA I the hottest weekend radio talk showsponsored by the Nevada Business journal provides it all. Every Saturday and Sunday NBJ Presiden Stephen Brock, co-hosts and invited guests offer a wealth of information on a diverse range of topics and industries. So, whether you a conducting market research, looking for hot business tips, or missed a talk show of a must know, must have topic, copies of the shows a now available for purchase. Tapes are only $19.95 (shipping and handling included). DATE TOPIC GUESTS NEVADA'S GROWTH 4/12 ASSOCIATED GENERAL CONTRACTORS STEVE HOLLOWAY & KEITH KELLEY, AGC I JOANNE JENSEN , SOUTHERN NEVADA HOMEBUILDERS ASSN 4/26 NEVADA POWER COMPANY CINDY GILLIAM , NEVADA POWER COMPANY/STEPHEN BOTTFIELD, MARKETING SOLUTIONS 511 0 lAs VEGAS CHAMBER OF COMMERCE FOUNDATION Jum DoHN, LAs VEGAS CHAMBER OF CoMMERCE FouNDATION I LARRY SINGER, CROWN PARTNERSHIP 7/12 URBAN GROWTH RING ... RING AROUND THE VALLEY MYRNA WILLIAMS & JOANNE JENSEN , SOUTHERN NEVADA HOMEBUILDERS ASSOCIATION/ CLARK COUNTY COMMISSIONER LORRAINE HUNT 7127 DEVELOPING NEVADA DIEDRE FELGAR / ERIC CHRISTIANSON, WELLES-PUGSLEY ARCHITIECTS NEVADA ECONOMY 4119 THE EAsTRIDGE GROUP JANE WHISNER & BETH RANIERI 4127 GOVERNOR'S ECONOMIC DEVELOPMENT CONFERENCE BoB SHRIVER, NEVADA COMMISSION ON ECONOMIC DEVELOPMENT ASSET MANAGEMENT 5111 BANK OF AMERICA ROD DUNNffi, BANK OF AMERICA 5125 ESTATE PLANNING: INSURING YOUR FUTURE THOMAS SUTHERLAND, BANKER, BROWN, BUSBY & SUTHERLAND/ MICHAEL COLDREN , MERRILL LYNCH FINANCIAL SERVICES I HUGH ANDERSON , FINANCIAL ADVISOR HEALTH CARE 4/20 NATHAN ADELSON HOSPICE JENNY FRANK & RosEMARY NowiNs 6/28 HEALTH CARE AND NEVADA JOHN McCANDLESS & SHERRIE BUCKLIN, AMIL INTIERNATIONAL OF NEVADA ARTS, ENTERTAINMENT & CELEBRATIONS 5/18 HOLLYWOOD COMES TO THE STRIP: THE SHOWCASE BoB UNGER, MAKENA DEVELOPMENT /AlAN SCHMIEDICKER, GALLERIA AT SUNSET 6/21 ARTS IN SOUTHERN NEVADA MARK MASUOKA, NEVADA INSTITUTE FOR CONTIEMPORARY ART/ CATV CROCKffi, CROCKffi GALLERY 7/26 LV BOAT HARBOR 40 YEAR CELEBRATION BETTY GRIPENTOG REAL ESTATE 514 TAX INCREASES MICKI JOHNSON, FIDELITY NATIONAL TITILE / CLARK COUNTY COMMISSIONER MARY KINCAID 5117 INTERNATIONAL SHOPPING CENTIER CONVENTION HANK GORDON, LAURICH PROPERTIES/ LEO F. PRESTIGE TRAVEL 6114 COMMERCIAL DEVELOPMENTS JIM STOCKHAUSEN, PACIFIC HOMES & PROPERTIES/ TIM SNOW, THOMAS & MACK EDUCATION 618 UNLV FOUNDATION BRUCE lAYNE, lAYNE & AssociATIES I RICK BENNm, UNLV 4/13 MERRYHILL PRIVATE SCHOOL KRISTA McKEE & KATHY HENRY NEVADA LEGISLATION 5/3 NEVADANS FOR SOLUTIONS TIM CASHMAN, CASHMAN CADILILAC I DICK WIMMER, SN WAnER AUTHORITY I CLARK COUNTY COMMIS SIONER MARY KINCAID 6/29 BILLBOARDS & BANNING OF CREATIVITY RICH BARTKO, IMAGE RICH I DoN KRuEGER, CoNNELIL OumooR ADVERTISING 7119 GRAND CANYON FLYOVERS CUFF EVARTS, EAGLE CANYON AIRLINES I JiM PETTY, UNITIED STATES AIR TOURISM!AIR VEGAS TELECOMMUNICATIONS 617 TELECOMMUNICATIONS MICHAEL GOATS, NTI TEUECOM 6122 DEREGULATION OF LOCAL PHONE SERVICE NIELD J. MONTGOMERY, MCG COMMUNICATIONS/NEVTEL I JEFF HEIN, MCG Co~~MUIN ICAJD~ CONSUMER PROTECTION 5/24 ARE You VULNERABLE TO FRAUD? lARRY SINGER, US BANK I LT. STIEVE FRANKS, METRO POLICE DEPARTMENT 6/1 CONSTRUCTION DEFECTS: MITIGATION VS. LITIGATION JOANNE JENSEN, SouTHERN NEVADA HoMEBUILDERS AssociATION I JIM WADHAMS, BIBLIE, TRACHOK, WADHAMS & WOLOSON WOMEN OWNED BUSINESSES 5131 WOMEN IN BUSINESS AlliSON NEWLON, NEWLON & DEMPSEY COMMUNICATIONS I VIRGINIA HARDMAN , LEAD ~ INC. I REBECCA FOUNTAIN , FOUNTAIN CONSTRUCTION & COMBINED UTILITY RESOURCES 6/15 WOMEN ENTREPRENEURS IN MEDIA PEGGY SMITH , HANDS INK ADVERTISING I LYNN KOHLER, KOHLER, SPERBERG & RIVERA 7/20 WOMEN IN BUSINESS SARA KATZ, KATZ &ASSOCIATES I LORI GRAMMER , HI-TECH HEALTH CARE Order your copies today- Ca/11.800.242.0164 lfMWM·*•*·MMMMMWWMMMWj Building Nevada INSIDE THIS ISSUE 34 The Challenges of Hotel! Casino Construction 37 Keeping Your Home Secure 39 Q&D Construction Team - Taking on Reno Tahoe's Fun Projects 41 Stuart Mixer Commercial- On the Cutting Edge 43 Building Nevada News in Brief A building is held together 45 Commercial Rcal Estate: only Industrial Market not by concrete and steel, Summary but by trust and integrity. On the &ver: The new Caesars The largest structure is ultimately assembled one bolt Palace Tower will add 1,200 rooms to the Las vegas resort at a time ... and one promise at a time. Give us a call. when it opens in December. We w.elcome the opportunity to meet and explain our approach to building your project, as well as our approach to building a business relationship. ~BUSINESS ~OURNALSUPPLEMENT Publisher Las Vegas Perini LYLE E. BRENNAN (702) 792-9209 Building relationships on trust. President STEPHEN M.J. BROCK Associate Publisher I Editor CoNNIE BRENNAN REPRINTS AVAILABLE QAIN50W A limited number of ·cal Centers Building Nevada sponsorships are available. EAST NORTH (702) 438-4003 (702) 655-0550 Contact Stephen Brock. 731 1 • Nellis Blvd. 4920 lone Mountain Rd. I• Mon. -Fri. 9:00a.m. to 7:00p.m. Mon. - Fri. 9:00a.m. to 7:00p.m. WEST Nevada Business Journal Sat. 9:00a.m. to 3:00p.m. Sat. 9:00a.m. to 3:00p.m. --- 2127 Paradise Rd. (702) 255-4200 Las Vegas, NV 89104 RAMPART SPRING MOUNTAIN (702) 254-9192 (702) 362-7877 1341 S. Rainbow,Suite. 101 702-731-9194 8522 Del Webb Blvd. 421 S W. Spring Mountain, Ste. B-1 06 © 1997 All rights reserved In the Rampart Plaza Located in the Chinatown Plaza Mon.- Fri . Mon. -Fri. 8:00a.m. to 5:00p.m. Tue. - Sat. 10:00a.m. to 7:00p.m. 9:00a .m. to 7:00p.m. Sat. 9:00a.m. to 3:00p.m. Follow the Rainbow to Good Health! November 1997 • Nevada Business Jou rnal 33 _ • hotel/casino construction· in Reno meant additional rooms or more gaming space, with an.occasional coffee shop thrown in as well ," I 34 Nevada Business Journal • NoYember 1997 structural Challenges an ongoing challenge for us," Krump detracts from their experience. A project stated. "We're confronting intensified de addition may last 12 to 18 months, and we n addition to creating themes that can be mands on our schedules. Maintaining qual don't want visitors to stay away just Idifficult to build, many hotel and casino ity under such circumstances is essential. because of the construction. The bottom operators are also looking to open projects The most important key to effectively line entails doing as much as we can, in with more and larger rooms. working under such pressure begins with conjunction with the owners, to subdue "In the last two years, we've noticed a making sure the documents, plans and the construction from a visual standpoint." definite trend toward larger rooms," Mar specifications the contractor is given are tin noted. "Room sizes of about 12 feet by well-drafted. The fewer clarifications the Building Codes 20 feet used to prevail, but now we're see contractor needs to pursue, the fewer the ing rooms measuring 16 feet by 20 feet or delays we have to endure.n hanging building codes have made the more. That means rooms have increased Avoiding such delays is especially criti Cjob of the contractor building Nevada's 20 percent in size. When living area goes cal when the contractor is working on the hotels and casinos more challenging. from 280 to 350 square feet per room, expansion of an existing property, accord "Over the years, building codes have we see added costs." ing to Krump. "A lot of the more recent evolved and become more focused on pro "The scope and size of the newer pro hotel and casino development in Reno has tecting the safety of occupants and jects coming online can bring numerous comprised additions to standing projects," guests," Mason said. "Contractors have, obstacles," added Mason. "When the origi he said. "It can be difficult to maintain a become much more attuned to the user's nal Caesars Palace was completed, it had positive atmosphere at the property with safety in the sense that exit stairs, corri 650 rooms. Now, properties with 1,000 to construction going on everywhere, but as dors and life safety systems are more com 5,000 rooms are fairly normal. Higher costs contractors, it's important for us to work plicated tl}an they used to be. As the state and more challenges accompany that." with the hotel/casino operators in address of-the-art in guest safety has improved, so Changing preferences in interior layout ing this concern. n has the complexity of building properties and design have also required builders and Krump noted that the solutions to such to accommodate visitors." contractors to formulate and utilize more construction woes include creating According to Martin, the influx of gam sophisticated construction components. appealing alternate entrances for cus ing operators and executives from other "Casino developers used to be satisfied tomers. "We don't want them to feel like states can compound issues related to with a 60- to 80-foot column span," Martin they're just walking through a plywood more stringent building codes. "Out-of explained. "Now, however, we see column tunnel," he asserted. "We've also kept town companies and executives may have spans of 160 feet or more. This totally more unusual work hours so as not to dis a tough time understanding a lot of the changes the structural system not only in turb patrons during prime visiting times. aspects of our building codes," he elabo terms of carrying weight, but in selecting Failing to take such measures can very rated. "What they may know from their lateral shear loads [which keep the build negatively affect hotel/casinos, because experiences in other states doesn't apply ing from collapsing] ." their customers come for rest and relax here. For example, we have a substantial "Heightened awareness regarding seis ation. If it's a challenge for them to get number of amendments to our code due to mic loads following the Northridge Earth from their car to their room, or if it's noisy fires at the MGM and Hilton hotels. quake has yielded more stringent structur when they want peace and quiet, it "The biggest area consistently over- al standards as well," Martin continued. "Information taken from failures during Northridge have given way to more rigor ous welding and testing standards. Most structural engineers prefer to err on the side of caution, and thus adhere to even stricter standards than those mandated by building codes." Time constraints ompounding the dilemma of increas Cingly strict design and structure codes is the frequent pressure contractors face to finish a project as quickly as possible. "Getting a property completed and open The Venetian Casino Resort, scheduled for completion in the sp1ing of 1999, wiU be to the public as soon as possible remains 1·eminscent of Venice. Depicted above: the Grand Canal Shoppes indoor retail centm: November 1997 • Nevada Business journal 3; power. The average age of our crews has increased seven months for every year since 1989. That year, our crews averaged about 41 years old; today, they're at about age 46. This means that we're failing to attract young people into our industry. "Tackling this problem will require that the Clark County School District to recog nize only 20 percent of the area's students are going to make it to college," Martin explained. "There are other great opportu nities out there for the other 80 percent. Sixty percent of my people make more money than college graduates. The school Completed last yea1~ John Ascuaga s Nuggets new west tower wiU soon house a gourmet district needs to reinstate and re-empha Basque restaurant, set to open next spring. size vocational training and classes, and not focus so entirely on a course of action looked or misinterpreted by those unfamil contractors. It's tougher to accomplish only 20 percent of its students will opt for." iar with Clark County building codes that with a big corporation." Finally, Martin expresses worry regard involves life safety issues, both in hotel According to Mason, working more with ing the fragmenting of the contracting anp towers and casinos," Martin added. "It can corporations has also added tin1e to pro building industry into various SJnall special constitute a serious problem when a con ject completion. "When working with indi interest factions. "A major challenge of our struction manager or coordinator lacks viduals or family operations, we can often industry in the very near future will knowledge regarding code requirements. have decisions made virtually inlffiediate encompass addressing its splintering into The best way to approach this problem is ly," he noted. "Corporations, on the other many different groups, rather than concen to tell all the entities, executives and man hand, often require meetings with multiple trating on advancing our causes as one agers new to the area that they should con levels of staff. Such management by com trade association," he noted. "As many tact the building department before they mittee - in Which several layers of corpo smaller organizations, we won't have the do anything else. Sit down with someone ration government have to approve a deci political clout necessary to protect our from the department and obtain all the sion - increases the amount of total time interests as a group. This will do nothing addenda, changes and modifications. It's spent working on a project." but weaken our industry. We need to work not difficult, and it can spare an operator together as a whole to remind legislators or contractor significant problems." Future Issues about what policies, regulations and laws are beneficial to our businesses, our The Chanulnu Business Climate umerous concerns have the state's clients and consumers." nhotel/casino builders looking to the In spite of such warnings, the state's hallenges in building to day's hotels and future. According to Martin, an anay of contractors and builders maintain a bright Ccasinos transcend physical and structur emerging issues could pose ongoing prob outlook regarding the assorted challenges al concerns. The nature of doing business lems for many contractors. they face. "We've entered into a time in with hotel/casino operators and owners "As hotel/casino projects grow bigger, which we expect more from everyone has metamorphosed for many contractors we're seeing an accompanying consolida involved in completing hotel/casino pro and builders, as well. An industry in which tion of contractors," Martin explained. "It's jects - trade craftsmen, architects, engi family-owned and locally-based compa becoming increasingly difficult for smaller, neers," Mason said. "In that sense, con nies prevailed has evolved into a trade locally-based companies to handle the tJ.·acting and building is becoming more dominated by large, world-class corpora demands of building mega-resorts and interesting and enjoyable. Rising to meet tions. This has had numerous effects on other large-scale properties, so more and these challenges brings about a strong how contractors do their jobs. more of them are selling out to larger sense of reward and pride." "Relationships with our clients have firms. In the end, this will mean less com "Building hotels and casinos has always become a little bit harder to structure," petition in the market, and when that hap been exciting work, and I'm confident that Krump asserted. "Contracts have become pens, the costs of building will rise." it will remain that way," Krump concluded. purely business. In the past, working with Martin also expressed mounting con "We'll continue to focus on the benefits of smaller, family-owned operations enabled cern over a personnel and labor shortage working in the industry while taking a us to develop more personal ties and clos likely to worsen in the future. "We're fac practical approach to addressing the er friendships with those who hire us as ing unique and severe shortages in man- issues and concerns within it. " • 36 Nevada Business Journal • November 1997 KEEPING YOUR HOME SECURE Homeowners today have access to a wide selection of security devices evadans have good reason to feel Soares said. "If people travel a lot, we uneasy about the security of their design a system for them to take that into Nhomes. The state has a high crime account. If they stay home most of the rate and a reputation for attracting law time, we design a system with that in breakers because of its affluence. mind. We customize the system to meet But new technology and methods in the customer's needs." home security can make homeowners ADT and other security companies safer and give them peace of mind, have monitoring centers that contact law experts in the field said. Homeowners are enforcement agencies if alarms or other advised to assess their risk and take pre protection devices are triggered in homes. cautions against break-ins and safeguard Soares said ADT dispatches personnel their families and belongings. when the center is alerted to find out if The problem facing homeowners is there is a real emergency. finding the right company to provide security features for their residences. The industry is growing rapidly to keep pace with the population. "The whole industry is on fire," according to Tom Haynie, manager of Communications Specialists BY ToM DYE of Las Vegas, a company that provides closed-circuit television systems to morn Communities vary in how they respond tor the safety of homes and businesses. to alarms. In some munucipalities, the "The atmosphere is so competitive." police won't take action on an alarm until Consumers have suffered because some the monitoring center sends personnel to new companies are unreliable. "People check a home. In other communities, are getting ripped off," Haynie said. "It's police will respond if the monitoring cen really ugly. Many newcomers to the mar ter telephones a residence after an alarm is ket are not reputable." triggered and is unable to determine if the Experts in consumer protection advise emergency is real. people searching for the right company to "About 90 percent are false alarms," make them secure. Hedges should be cut check with their Better Business Bureau Soares said of one of the problems facing back so the home exterior is visible. to find out about any complaints against a both homeowners and authorities. Alarms Another way to protect a home is to buy particular operation. Consumers can also can be triggered by the wind, pets or mal outside lights with motion detectors. The check with the company's customers to functioning equipment. The industry con lights are triggered by any movement in find out if they are satisfied. tinues to make equipment that is more the yard, Soares said. "It's important to compare pricing, sophisticated and "user friendly" to cut When deciding on a home security sys and make sure you are dealing with a rep down on false alarms, Soares explained. tem, owners can opt for equipment that utable company," said Steve Soares of All homeowners need protection, protects the interior or a system that cov ADT Security Systems, a national opera Soares said. "We have a large transient ers the perimeter. Even though it's more tion that protects homes and businesses. community out there. There is definitely a expensive, people should consider buying Another question facing people trying great need for it (security)." a system covering the inside and outside to protect their homes is how extensive He recommends that people take basic for extra safety, Soares said. their security system should be and what precautions to protect their homes by get Homeowners should be aware that bur features it should have. ting to know their neighbors, joining glars can be clever figuring out how to get "It depends on what the customer is Neighborhood Watch programs and mak into a home without being detected. One looking for, way of life and schedule," ing sure windows and doors have locks to of the favorite ways for burglars to get in November 1997 • Nevada Business Journal 37 HOME SECURilY is to remove swamp coolers on the roof. their homes. Many remote units include a the inside of a home. With recent techno Security systems for the exterior have "panic button" which can be pressed if an logical advances, security cameras have sensor pads on doors, windows and other intruder or another emergency is encoun grown increasingly small, and can be hid places where intruders might gain entry. tered in a home. den in such places as flower pots, televi The alarms can be silent or loud enough to ADT has a feature on one of its systems sion sets and lamps. scare off burglars and alert neighbors. The that sends signals to pagers when children Soares said the typical home security signals from the alarm are also transmitted come home from school and use their system can range from $400 to $700. to the monitoring center. remotes to gain entry. The pagers alert Monthly costs are assessed for being con Sensors have been developed that are parents the children are home. Alerts will nected to the monitoring center (ADT triggered by the sound of glass breaking also be transmitted to the pagers if an charges $25). Some centers charge each to protect against intruders who shatter intruder triggers an alarm. time they are alerted by an alarm, whether windows or glass in doors to gain entry. More sophisticated systems utilize it is false or not. Interior systems can be installed with closed-circuit television so occupants can One financial benefit for homeowners infrared beams that cover hallways and monitor their grounds. Although these with an alarm system is through their other key areas. Alarms are set off when systems usually are purchased by more insurance company; many give policy dis intruders pass through these beams. This affluent homeowners, they are now m counts for homes installed with security type of system is not recommended for wider use, industry experts said. and fire protection systems. people with large pets that are kept Haynie believes the installation of Homeowners can take an additional indoors because of the potential for trig video cameras will become a trend in step to make sure their hQJCI1e is secure by gering false alarms. home security. "People will have cameras installing metal shutters, said Fran Many secmity systems now include by the door. They wi ll have cameras by Minnozzi, owner of Rolladen Rolling remote units so people can turn them on the pool so they watch the kids," he said. Shutters' of Las Vegas. "When you think and off when leavi ng, or before entering Video cameras are also used to monitor of security, you think of alarms or iron bars on the windows," she said. "But another choice is shutters." Shutters, popular in Europe and many other countries as a way of preventing break-ins, are gaining in popularity in the United States, Minnozzi explained. Rolladen's shutters are made of aluminum and are opened and closed by manual or motorized controls on the inside of the windows. The shutters lock into place, and are difficult to penetrate from the outside. Burglars are di scour aged from breaking into a shuttered home because they can't see inside to know if the residents are in or not. The shutters come in different colors and have more esthetic appeal than iron bars on windows, she sai d. "The initial investment is more than people like to spend," she said. "They (the shutters) cost about the same as custom When Casinos Donlt Gamble. drapes." However, homeowners save in The Casino of The Desert Inn. ~ the long run because the shutters are effective at climate conu·ol and cut down lli When it comes to a multi-million dollar facelift, you on utility bills. When closed, the shutters take no risks. That's why the Desert Inn turned to the also keep out ultaviolet light from the sun, state's premier constructor, Clark & CLARK& Minnozzi said. Sullivan. For 21 years, they've been SULLIVAN "What price can you put on the loss of • building a better Nevada. CONSTRUCTORS your belongings or the loss of your life?" RENO • LAS VEGAS she asks of those who are hesitant to spend money on home secmity. • 38 Nevada Business journal • November 1997 Buildin~ Nevada Q&D CONSTRUCTION TEAM Taking on Reno/fahoe's fun projects by jan jones "w e are fortunate to have taken prut of some of the really ftm projects in this area," says Sheila Muhtadi, director of communications at Q&D Construction, one of Northern Nevada's largest builders. She mentions MmmtainGate, the strik ing headquarters of a trendy computer company in the South Meadows Busi ness Park and the elegant clubhouse at the Edgewood-Tahoe Golf Course as recent examples. "These are just one of-a-kind projects," she enthuses, "and Edgewood-Tahoe is simply one of the most beautiful facilities at the lake." That $5 million clubhouse renovation earned Q&D both a Gold Nugget Awru·d and the Award of Excellence from the Tahoe Legislative expansion, Carson City Regional Planning Authority. It all began in 1964, she says, when as many as 68 trucks going to different well as 9 holes of a golf course and 800 Norn1an Dianda and Lawrence Quadrill sites - and the schools were pruticulru·ly "super pads" at neru-by Wingfield Springs, fmmded the firm. But they got their first intensive for site work." which involved moving 2 nlillion yards of big break in 1967, landing a remodeling job Mul1tadi attributes this continuing flow dirt. Last year, this division completed a for legendary casino operator Bill Hauah. of business, projected at $85 million tllis $3 million sewer interceptor for the city of Since then, Q&D Construction has worked year, to the company's wide range of Spru·ks and 2.5 miles of roadway connect consistently for Harrah's hotel and ganling services and its attention to detail. "What ing Sprulish Springs with Sparks. operations in Lake Tahoe and Reno, as really sets us aprut is the diversity of our well as many other high-profile clients. services," she says. "We can do all the Tenant Improvement Unfortunately, Quadrill died in the n1id- site work, act as general contractor for The firm's newest division is the three 70s, leaving Dianda to run the company the building itself, and bting in the null yeru"-old tenant in1provement group, which alone. "His death had a lot to do with the work people for the finislling touches. Muhtadi says is "growing by leaps and culture of our company," says Mul1tadi. They create beautiful moldings, doors, bounds - there's just so much going on in "Norman was your typical high-strung even furniture. Then we follow-up with this market." For example, after the Italian and he made a decision to keep a our tenant improvement division, which MountainGate building was completed, really mellow environment - so we have a can1e about because of a need to continue the company decided it needed a skate nice fanilly-oriented corporate culture." to serve our existing clients." board rack, an aquariun1, and a soda Today, Q&D employs 450 people in four Here's a quick recap of the four divisions fountain, she recalls. "Our tenant improve divisions, including 32 full-time mechan that make up Q&D Consti11ction: ment division does those kinds of projects ics, who keep Q&D's lru·ge fleet of heavy for existing clients." equipment running. "We're on a high right General Engineering now because we just delivered two new One of Q&D's most important divisions Millwork Shop elementary schools to the Washoe County is general engineering, which began in Perhaps the most unusual division at School Distiict, despite having 23 bad 1978 and has "grown tremendously." Q&D is its millwork shop, which Dianda weather days from the New Year's flood," Muhtadi says they recently completed 300 started so he could get the level of n1ill she says. "There were days when we had finished lots in Sprulish Springs Valley, as work he needed for demanding clients like November 1997 • Nevada Business journal 39 COMMERCIAL & RESIDENTIAL * MINI BLINDS *VERTICALS * CELLULAR SHADES * WOOD BLINDS *SHUTTERS *DRAPERIES Q&D Constmcti on 's new headquaTters i n Spa.Tks WE DO REPAIRS Bill Harrah. Today, as you stroll through FREE EST I MATES Q&D's spacious new headquarters build ing, it is particularly fascinating to smell Our 17th Year. Over 5.5 Million Windows Covered. the fresh lumber being milled and to see elaborately carved doors and mantles EXPERT MEASURING & Pri£:e GJiarantee emerging from the wood. INSTALLATION AVAILABLE WE WILL BEAT ANY "For clients like these, eve~hing had to California State Contractor WELLS COMPETITOR 'S ADVERTISED be just so," Muhtadi says, referring to License #C61-603439. PRICE ON ANY IDENTICAL Oregon Builders' License INTERIORS PRODUCT WE CARRY, RIGHT the luxury homes at Lake Tahoe the com #39627 THE WINDOW COVERING EXPERTS DOWN TO OUR COST. pany has bUilt for people such as Steve LAS VEGAS ..... 5808 W. SPRING MOUNTAIN ..... 221-0200 Wynn, owner of the Mirage Hotel in Las Vegas, and Saudi multi-millionaire, Hlissan Kushogi. "That's the way we've been able to get a lot of these projects." Building Last, but not least, is Q&D's building division. "We're best known for this part of the business," admits Muhtadi, "because n this is what people see." To make her point, she reels off a list of recent high visibility projects: St. Mary's Hospital, Washoe Medical Center's new 11-story tower, two new elementary schools, the Nugget parking garage and luxury at. homes at Lake Tahoe. "We're building a home there right now New Answers To Your SBA Loan Questions. where the site development is very tricky," We're committed to making government guaranteed loan programs work for Muhtadi says. "The house literally has 200 you. So, you get the benefit of the lower interest rates these programs offer. comers - it looks like a caterpillar worm Why do you need a loan? Commercial real estate, construction, equipment ing its way around these giant boulders!" purchase, business acquisition? She says the terrain is so steep that a Speed, flexibility and even creativity. That's what you can expect from us. power crane has been used the entire time Because we focus only on government guaranteed to get building materials in and out, and loans, you'll work with experienced professionals at every step of the process. the home will even have its own gondola In Las Vegas, cail Ken Mundt to carry its owners from the road-level at 364-4506. SierraWest garage to the house. In Reno, call Mike Schulewitch or BANK. ·As you can imagine, it was just a night Lisa Handte at 829-0222 or toll-free mare to stake out," she notes. But that 1-888-751-8325. SBA Lending Division lhe Government Loan Experts ne.er deterred Q&D from this job or any ® u;ro Member FDIC Formerly Truckee River Business Lending orher. "We have an attitude that whatever ©1997 SierraWest Bancorp rhe eli em wants we can do it. " • 40 Nel'ada Business Journal • Nol'ember 1997 . Buildin~Nevada STUART MIXER COMMERCIAL On the cutting edge by David Hofitede escribing the real estate industry as way of spending our time," Stuart said. fully selected relationships with clients," D"antiquated" in its acceptance of new "From our office, a client can visually tour said Stuart. "There is a market for mass technology, Stuart Mixer Commercial all buildings of interest to him in the entire production, but our firm is a provider of cofounder James M. Stuart was deter market, which is a great advantage if he or value-added services. We do not do things mined that his company would embrace she has a limited schedule in Las Vegas. inexpensively, so we need to be a part of the high-tech revolution. It will never replace the need to physically clients and organizations that grow our Stuart and company cofounder Michael inspect the property, but it eliminates a lot business, while we help grow their real Mixer both grew up using computers, and of wasted time." estate activity." were certain they could be utilized to It was a proposition not without risk. As a member of Oncor International, the increase the efficiency of their operation. "Our investment in the system is approach largest real estate corporation in the When they opened their office in 1993, ing $250,000, without an exact indication world, Stuart-Mixer clients have access to they immediately began searching for the of what the return will be," said Stuart. more than 6,000 brokers worldwide. The right software to manage and collect data "But to ignore technology at any level is philosophy behind Oncor, Stuart explains, on every variety of commercial property, probably bordering on ignorant. And in is to enter a local market and let the com in an interactive format. "We wanted an industry where consolidation and effi pany in that market decide what it takes to software that would allow us to have a ciency is key, those who avoid keeping succeed, instead of turning that decision multi-dimensional approach in the way pace with technology could find them over to a corporate office in New York or we view buildings and floor plans, and selves out of buSiness." Los Angeles. "They control the quality of allow us to obtain data about rents Stuart-Mixer Commerical also estab what we do without compromising our and vacancies," Stuart said. lished its own website in 1996 for trans efficiency in how we do it," Stuart said. He expected the problem to be deciding porting and receiving inforn1ation, at a The firm is up for recertification every from the choices available; "You would time when the Internet is still uncharted 24 months, and if Oncor decides Stuart think in an industry that involves trillions territory for many companies. "We knew it Mixer is no longer the best in the market, it of dollars in assets, there would be numer wasn't going to be a major part of our busi will be replaced. "We're honored they ous alternatives available to us. But 36 ness right away, but we knew it was impor selected us - when you consider that five months ago, there were none," Stuart said. tant to start getting linked up to more firms in their system have been around for "We found ourselves to be either the only important websites, and that process takes more than 100 years, it's a real privilege for ones who believed it was important, or on awhile," said Stuart. "(The website) is a us to be ranked with those companies, and the forefront of a great opportunity. We platforn1 to allow clients of our firm to we strive to be the best we can be." chose the latter." have coded access to certain data engines The SMIS and other technological inno The company hired the development within our company. It will allow them to vations have helped in this pursuit, but firm of Armstrong & Yawney, a Walnut look at market conditions and other computers, no matter how sophisticated, Creek, Calif. software systems developer, reports, whether they're in Henderson or are only as good as the people behind to design what would ultimately become Kuala Lampur." them. Stuart-Mixer assembled a team of 35 the Stuart-Mixer Information System Technology is not the only area in which employees, including 15 brokers, that has (SMIS). This was no ordinary slide show - Stuart-Mixer excels beyond the standard propelled the company from a non-entity SMIS displays video and digitized floor role of a commercial real estate broker. 40 months ago, to a fornlidable competitor plans on buildings, text that monitors Though the company has divisions and in Southern Nevada. "We have a group of lease rates and tenant rosters, generates tean1s set up to handle every facet of the people who combine experience and teanl reports and facilitates communication, all market - office, industrial, retail, invest work, who share common goals, and who on a real-time basis. ment sales, and property/asset manage have a passion to look out for our clients," "Traditional commercial brokerage ment, the company objective is not quanti said Stuart. "At the end of the day, we all involves going out to look at a lot of build ty, but quality. "We are not in the go home with a snille on our face, because ings, which to us is a highly ineffectual transaction business. Our focus is on care- we love what we do. " • November 1997 • Nevada Business j ournal 41 z r fiCf SPACf N ((fSS -Located at the new Galleria at Sunset mall in Henderson, A WestPark Plaza Galleria, provides tenants with great visibility and easy access from the freeway, Sunset Road and Stephanie Street. fSTHHICS -The project's modern design includes the extensive A Serving the West Valley: V WestPark Plaza Rainbow use of marble and glass, lush landscaping, dynamic entryway and ~lestPark Plaza Galiena unique architecture. f- GAl l ERIA BlVD. r- t;; MfNITifS -A generous tenant improvement package, abundant w ~ GAllERIA MALl parking and high-tech security are just a few of the many features & t; '------' of WestPark Plaza Galleria. W£STPARK PLAZA GALL£RIA IS ALR£ADY 50 P£RC£NT PR£-LfAS£0. M£DICAL AND PROf£SSIONAL SPAC£ IS CURR£NTLY AVAILABL£ ON A fiRST-COM£, fiRST-S£RV£ BASIS. for leasing and Purchase Option information: lYlf BRfNN~N & ~SSOCIATfS (702) 592·4098 .. (702) 731-9007 Building, Nevada NEWS IN BRIEF Grand opening planned for MGC Operations Center MGC Communications (formerly Ne,- TEL) plans to hold grand opening cere monies this month for its 33,000-square foot operations center at Cheyenne and Buffalo in Las Vegas. The phone com pany's new building, patt of orthshore Professional Offices, will house the finn's national call center and offices for cor porate executives. Jalmar enters market Forest City to manage Venetian Shop pes Jalmru· Properties, Inc. , a real estate company headquartered in Los Angeles, The Venetian Casino Resmt recently announced that Forest City Commercial Management, in association with JPI-Partners Ltd. one of the nation's largest retail mall management compat1ies, will manage The Grand Partnership, recently purchased Park Canal Shoppes, an indoor retail center in the Venetian Casino Resmt scheduled to open in Flan1ingo, a three-story, 117,000-square the spring of 1999. The retail space in the resmt will span more than 500,000 squru·e feet of foot office building in Las Vegas. The space and include 90 retail stores. purchase marks Jalrnar's entry into the Las Vegas real estate arena. The com pany plans to acquire additional Southern Nevada properties to expand its portfolio of investment properties. NAIOP spotlights commercial real estate The Southern 1evada Chapter of the ational Association of Industrial and Office Properties (NAIOP) is honoring WEST ELEVATION the best in Las Vegas commercial real estate with the inaugural 1998 Spotlight Awards. The organization recently issued a call for entries to developer, architect Nevada Dance Theatre breaks ground and contractor NAIOP members. Any The Donald W. Reynolds Cultural Center, a 35,000-square-foot facility which will serve as building project completed since January the future home of ·evada Dance Theatre, recently held ground breaking ceremonies in 1, 1993 is eligible to enter and there is no Summerlin. The facility, designed by JMA Architecture Studios, will be located on land limit on the number of projects a mem donated by The Howard Hughes Corporation. The new center is made possible by a ber may submit. A panel of five jurors $3.6 million grant from the Reynolds Foundation, the largest grant ever awarded to a non continued profit ruts orgat1ization in Nevada. :\0\·ember 199i • 1\e-•&da Business journal 43 ~ _Buildin~Nevada Serving Las Vegas Since 1974 Planning Interi or Desi gn Purchasing & Installation Services for Hotels & Casino's Health Spas & Country Clubs Sports & Recreation Facilities Restaurants & Food Facilities Office & Residential 50 15 Schuster -. Las Vegas, NV 89118 American Nevada Corporation to build call center Tel: (702) 895-9100 American Nevada Corporation recently began site work on its newest commercial devel Fax: (702) 895-91 04 opment at the 90-acre Green Valley Corporate Center in Green Valley located in Henderson. The Plaza at Corporate Center is a back-office call center complex which at build-out will total 182,000 square feet. Construction on Phase I, including 56,862 square-feet of office space in a two-story building, will begin this quarter. including two developers, one architect, were awarded top honors by national one contractor and one real estate broker judges reviewing Southern Nevada's home will judge entries in five categories. The and neighborhood builders' entries in the deadline for registration forms and entry 14th Annual Homer Awards sponsored by fees is January 5th with awards an the Southern Nevada Homebuilders Asso nounced on February 28th at the 1998 ciation last month. Eighteen additional Spotlight Awards dinner to be held at the awards of the industry's most coveted Mirage. For more inforn1ation contact prize, the Homer statuette, were bestowed NAIOP at 702-836-3000. on winners at the event. One hundred flfteen entries in 18 categories were Martin Harris to build evaluated by professional judges from major U.S. cities. Astoria Homes won the + REAL ESTATE TRANSACTIONS convalescent center "Home of the Year" award for "The +REFINANCE/SECONDARY LOAN Manor Convalescent, a 95,000-square Sunset" model at Sun1mer Heights. Follow ESCROWS +BULK SALE/BUSINESS SALES foot facility in Sun City, Sun1merlin, will ing is a recap of winners: +COLLATERAL DOCUMENT be be built by Martin Harris Construction. PROTECTION The 220-bed convalescent facility, devel Five awards -Astoria Homes +STOCK SUBSCRIPTION RECEIPT oped by W.D. Development of Ohio, will American West Homes +LOAN SERVICING + FORECLOSURES cost $9.5 million and is slated for comple tion in August of next year. Two awards -Johnson Communities SOUTHWEST ESCROW COMPANY Nigro Associates 31 10 S. Va lley View, Suite1 05 Trophy Homes Las Vegas, NV 89102 Homes that fight crime reap awards One Award - Champion Homes (702) 247-7772 A home floor plan that helps reduce Howard Hughes Corp. FAX: (702) 247-8759 neighborhood crime and a new home pro Pageantry Communities ject with emphasis on construction quality RealHomes • 44 : LAS VEGAS: Third quarter statistics for the indus absorption, allowing a correction to normalize square feet to the total market by year-end. trial market in the las Vegas Valley continued to the vacancy-absorption ratio by year-end. Current market conditions indicate supply is show strength in growth and absorption. meeting demand. Rents remain stable with large As is traditional to summer building activity, RENO: Business has been brisk through the third cube space hovering in the 25 cents to 30 cents per several new "big box" buildings were completed quarter of 1997 with gross absorption of 775,552 square foot range (net net net) for new space and in the third quarter. This includes new product square feet and year-to-date gross absorption total existing space trailing by one cent to four cents a that came on-line at Dermody Industrial Park ing 2,502,561 square feet Overall vacancy is 11 per square foot Standard tenant improvements includ (500,000 square feet), Majestic's Sunset Valley cent, however, when property available for sub ed in the base rent have ESFR fire suppression sys View Industrial Center (36o,ooo square feet), lease is taken out ofthe equation, the rate drops to tems, 15 foot-candles to 20 foot-candles of lighting Black Mountain Corporate Center in Henderson an acceptable 9 percent in the warehouse, pit levers at every other dock (17o,ooo square feet) and Pacific Industrial Cen Eleven new speculative buildings planned for door and 3 percent to 5 percent office build-out ter (21o,ooo square feet), also in Henderson. construction this year by local developers contain allowance. Three-year to five-year leases are the What this reflects is a temporary increase in ing 1,698,070 square feet are well underway. Of the norm, with little or no free rent offered by landlords. the vacancy percentage for the third quarter. 11 buildings, all but one should be finished by year Given present activity, this aberration should end . Coincidentally, there are 11 new build-to-suit NEXT MONTH: adjust itself in the fourth quarter as inflated projects under construction adding 1,580,787 Office Market Summary OFFICE MARKET- 2nd Quarter 1997 RETAIL MARKET- 2nd Quarter 1997 INDUSTRIAL MARKET- 2nd Quarter 1997 TOTAL MARKET lAS VEGAS RENO TOTAL MARKET LAs VEGAS RENO TOTAL MARKET LAs VEGAS RENO Number of Properties Number of Properties 186 77 Number of Properties 1,081 655 Total Square Feet Total Square Feet 22,361,394 8.430,312 Total Square Feet 44.893.512 40,443,224 Vacant Square Feet Vacant Square Feet Vacant Squa!J! Feet Percent Vacant Percent Vacant Percent Vacant New Construction 842,294 100,000 New Construction New Construction 2,702,383 1,170,000 Net Absorption (SF) 93.820 Net Absorption (SF) Net Absorption (SF) Avg Lease SF/Mo (FSG- NNN)* $1.72 $uo Average Lease (N N N) h29 $1.04 Under Construction Planned Construction 2,161,449 250,000 Planned Construction 2,758.728 686,032 Planned Construction Under Construction 862,743 178,000 Under Construction 131,995 MULTI-TENANT PROPERTIES CLASS 'A' OFFICE PROPERTIES POWER CENTERS- Number of Properties 430 Number of Properties 27 RETAIL CENTERS > 100,000 SF Total Square Feet 30,141.668 Total Square Feet 1,092,000 WITH MINIMAL OR No IN-LINE SPACE Vacant Square Feet Vacant Square Feet 272,130 58.375 Number of Properties 19 Percent Vacant 7-60% Percent Vacant 8.23% 5.oo% Total Square Feet (GLA) New Construction 1,753.608 558.570 New Construction 237.667 50,000 Vacant Square Feet 528,492 0 Net Absorption (SF) Net Absorption (SF) 36,200 Percent Vacant 9-30% 0 Under Construction Avg Lease SF/Mo (FSG- NNN)* $us New Construction 460,000 0 Planned Construction 2,116,os6 Planned Construction 147.000 Net Absorption (SF) 428.ssa 30,000 Average Lease (NNN- MG)* Under Construction 17,500 Average Lease (N N N) $1.00 Less than s.ooo SF $o.s6 (LASS 'B' OFFICE PROPERTIES Planned Construction 0 204,000 From s.ooo-15,000 SF So.so $.30-.48 Number of Properties 218 54 Under Construction 0 14,000 Greater than 15,000 SF $.21-.36 Total Square Feet COMMUNITY AND REGIONAL CENTERS SINGLE-TENANT PROPERTIES Vacant Square Feet RETAIL CENTERS WITH ANCHOR(S) Number of Properties Percent Vacant Number of Properties 99 43 Total Square Feet 14,751,844 New Construction 597.602 32,500 Total Square Feet (G LA) 13,066,360 6,134.960 Vacant Square Feet 438,203 Net Absorption (SF) 8,402 Vacant Square Feet 359.977 398.700 Percent Vacant Avg Lease SF/Mo (FSG- NNN)* Percent Vacant 2-75°/o New Construction 130,321 441,600 Planned Construction 1,261,434 ss.ooo New Construction 92,000 86,000 Net Absorption (SF) Under Construction 502,127 Net Absorption (SF) 51,000 Under Construction 390.900 1,146,000 CLASS '('OFFICE PROPERTIES Average Lease (NNN) $1.24 hoB Planned Construction 2,109,111 1,219,000 Number of Properties 92 Planned Construction 2,728,671 434,032 Average Lease (MG) Total Square Feet 942,750 Under Construction 117.995 Less than s,ooo SF Vacant Square Feet 181,085 STRIP CENTERS- RETAIL CENTERS From s.ooo-15,000 SF $o.so Percent Vacant 11-71% Number of Properties 68 29 Greater than 15,000 SF New Construction 7.025 17,500 Total Square Feet (GLA) 3,611,400 776.345 Net Absorption (SF) 1,245 Vacant Square Feet 58,ooo Avg Lease SF/Mo (FSG- NNN)* $.60 Percent Vacant hs4 4-30% 7-So/o Abbreviations MG: Modified Gross Planned Construction 18,200 New Construction 93.000 0 BTS: Build To Su it NNN: Net Net Net Under Construction 27,475 Net Absorption (SF) 4,100 FSG: Full Service Gross SF: Square Foot Average Lease (NNN) *Average Monthly Lease Rates for Las Vegas reported GLA: Gross Leasable Area YTD: Year To Date Planned Construction 30,055 48,200 as Full Service Gross and for Reno as Net Net Net Under Construction 0 0 t The decrease in overall/ease rate for Las Vegas Class A Office Space is attributable to the large amount of lAS VEGAS STATISTICS COMPILED BY lEE AND ASSOCIATES COMMERCIAL REAL ESTATE SERVICES vacant space at the Bank of America Center. RENO STATISTICS COMPILED BY GRUBB & ELLIS NEVADA COMMERCIAL GROUP November 1997 . NevadaBusiness)oumal 45 Reserve 1998 Advertising Space, or Take Advantage of Any of Our Innovative Marketing Plans and Lock in 1997 Rates! SAV{ ZO%! Over the last year, NEVADA BUSINESS JOURNAL has expanded circulation to 16,000 and quadrupled the editorial. As a result of rising paper and postage costs, the 1998 advertising rates have increased. However, by reserving space now, you can-. still take advantage of the 1997 rates ... J A SAVINGS OF 20 PERCENT! ADVERTORIALS The ultimate The perfect way to tell promotional your corporate story vehicle. • Professional Copywriting Available in • Custom Design Services 8-, 16-, 24- • On-Site Photo Session and 32-page • 1,000 Reprints formats 1998 ADVERTISING BUILDING NEVADA RATES AND PLANNING Sponsorships are CALENDAR available for this Call to request your informative segment free copy. of Nevada Business journal. Call for details and special price quotes. Act Now ... Off~r bpir~s lZ/15/97 CALL 800-242-0164 - LIFESTYlES Reviewed by Kathleen Foley HOTEL RESTAURANTS Benihana Village Las Vegas Hilton 732-5537 Benihana, one of the best-loved names in Asian cuisine, has established a dining fantasy land at the Las Vegas Hilton, com plete with realistic special-effect thunder and lightning storms, lush Japanese gar dens, flowing ponds, and exotic statuary. Under an authentic soaring Torii Arch, diners may experience the masterful, an innovative flair. The setting is elegantly Th e tony Palace Court R es~iau.ran.t at entertaining cookery of Hibachi, where appointed and invitingly intimate, featur Caesars Palace, Las Vegas, offers patrons a skilled chefs chop, slice and grill at table ing plush high-back chairs and softened first-class din ing experience. side. Hibachi entrees include prime New lighting. In the middle of the room is a York sirloin, shrimp, salmon and sword striking white orchid "tree" in full bloom service in the atmosphere of a private fish. They may also choose the tranquil with its canopy of blossoms reflecting the courtyard. Guests arrive at the Palace setting of Benihana's Seafood Grille for a delicate fresh orchid gracing the center of Court in a crystal and bronze round eleva selection of delicacies from the deep. All each table. Oriental rugs, exquisite fine tor framed by a spiral staircase. The meals are served with a combination of art, floral arrangements and decorative restaurant resembles a mini-museum mushrooms, onions, bean sprouts and zuc glass complete the' accents. filled with art treasures of the past and chini, and include a shrimp appetizer, Diners may choose from a regular menu crowned by a unique domed stained Japanese onion soup, Benihana salad with or the Chef's Selection of the evening, a glass ceiling which can be retracted to ginger dressing, steamed rice and green one-of-a-kind four course meal with select reveal the desert sky. tea. Benihana's Kabuki Lounge provides a wines to accompany each course. The From delicate hors d'oeuvres through perfect opportunity to enjoy a variety of Chef's selection offers a choice of four exquisite entrees to famous dessert souf Japanese and Western beverages surround entrees, and the menu changes every two fles and sliced fresh fruits dipped in white ed by a display of kimonos, kabuki theater weeks. Some of the entree choices have chocolate, patrons are u·eated to the best of masks and other souvenirs of the Orient. included Pan Seared Atlantic Salmon on a French Modern cuisine, expertly prepared The room's executive chef is Toy bed of cucumbers and endive salad, Black and meticulously presented. An extensive Tomme, whose flair for showmanship and Oregon Truffles and Celery Broth, and menu of after-dinner libations provides a incredible Hibachi-style culinary expertise Pork Medallions wrapped with apples and relaxing epilogue to the dining experience. delights the sights and tastes of guests potatoes in an apple brandy sauce. Fabu Executive Chef Laurent Tourondel nightly. Tomme, a native of Bangkok, lous desserts top off the evening. Favorites received on-the-job training from master Thailand, has been with the Las Vegas include: Lemon Bavarian with Fresh chefs in New York City, France, Moscow Hilton for more than 20 years. Raspberries in a Sweet Mango Sauce, and London. In September, he hosted the Benihana Village is open nightly from Chocolate-Raspberries Truffle Torte and Chefs of Las Vegas Dinner at the Palace 5-11 PM. Reservations are suggested. Pineapple-Pina Colada in Puff Pastry. Court, which featured seven dishes each The White Orchid opens nightly at 6 prepared by a world-class chef. Each p.m. Reservations are recommended. course was accompanied by a wine select White Orchid ed by Barbara Werley of Caesars Palace, Peppermill Hotel/Casino, Reno 689-7300 one of only five women in the world to Palace Court Restaurant achieve the Master Sommelier title by the The White Orchid, crown jewel of the Caesars Palace, Las Vegas 731-7110 Court of Master Sommeliers of London. Peppermill's six restaurants, offers patrons The Palace Court is open for dinner a warm and intimate atmosphere where The Palace Court at Caesars Palace only. Reservations are suggested. Gentle they can enjoy contemporary cuisine with combines haute cuisine with continental men are required to wear jackets. • November 1997 • 'evada Business journal 47 SPEAKI NG FOR NEVA DA by Richard Perkins, Majority Leader, Nevada Assembly THE 1997 SESSION An overview of legislative accomplishments ven if you followed the news during seen actions by employees. Under AB 595, Ethe 1997 Legislature, you still may an employer is not liable for the intention have missed many of the accomplishments al conduct of an employee that harms or made during the 69th session. While major injures a fellow employee, if the following pieces of legislation often grab big head conditions are met: I . The employee's lines forgotten are the hundreds of other conduct is obviously independent of the bills that have a great impact on the lives employer; 2. The employee's conduct is of every Nevadan. not committed during the course of a task The 1997 Legislature was one of the assigned to the employee; 3. The em most "business friendly" sessions in recent ployee's conduct is not reasonably fore memory. The number of bills passed to seeable by the employer. help Nevada businesses was impressive. We also allowed employers immunity Many went by without fanfare, but really from civil liability when it comes to job deserve a bit more attention. references. An employer can disc lose In an attempt to benefit small employ information regarding job performance ers, we passed AB 521 , a bill which brings Legislature worked hard to make improve providing the information is limited to Nevada into compliance with the federal ments to Nevada's educational system. facts about the employee's ability, di li Health Insurance Portability and Account With bi-partisan support, we passed a gence, skill, reliability and/or illegal or ability Act of 1996. Businesses with two to landmark school construction bill, which wrongful acts committed by the employee. 50 employees can now receive group requires our state's two largest industries To assist the needs of families and busi health insurance regardless of the health gaming and developers - to pay more for nesses, SB 450 provides exemptions to the risk of their employee groups, or past the building of new schools and refurbish state business tax for employers who offer claims experience. The group plan must be ing older schools. Because of our growth, employees child care assistance. The bill renewed by the carrier as long as the we are in constant need of new schools, was supported by the Las Vegas Chamber employer has paid the premiums on time, and it's increasingly difficult to keep up of Commerce, which added an amendment has not performed an act or a practice th at with the repair of older chools. These to provide immunity from liability for par constitutes fraud, or has not fai led to com measures, along with a ballot proposal to ticipating businesses from the independent ply with provisions of the group policy. freeze current property taX levels used to actions of a licensed childcare facility. There were significant changes made to fund the building of chools. hould take As legislators we are proud of these existing campaign Jaws to make the politi care of our needs into the next decade. achievements, yet we know there is plenty cal contribution process fair, and encour We also passed major education reform of work still to be done. We continued to age full disclosure. The 1997 Legislature legislation to impro e the quality of what reform our welfare system this session; we passed some of the most sweeping election is taught in our school . Higher academic must monitor progress to make sure wel reform legislation this state has ever seen. standards, greater accountability and in fare recipients who get jobs keep those Just a few of the measures passed were: creased and improved technology in the jobs and stay off the roles permanently. We • Lowering the threshold for contribu classroom were included. are also working on increased health cov tion reporting from $500 to $100. This The Legislature took a hard line on erage for uninsured children, additional allows for greater disclosure of a candi crime and public afety · refonns to our educational system and date's campaign financing. creased the penalties for crim improvements to our judicial system. • Setting new limits on what a candi on school property, school Our most challenging task is to to man date can receive from a person or group. stops. There were bill age and plan for continued growth in • Requiring political parties and com evada. I was born here and grew up here. mittees to report contributions received. evada has always been a great place to I hear from business leaders all the time the prosecution of sexual assault rai e a family, earn a good living and enjoy about the importance of creating a well The Legislature took step to the retirement years. It's our responsibility educated workforce. That's why the 1997 businesses from being liable for unfore- to keep it that way. • 48 Nevada Business journal • November 1997 INSIDE POLITICS by Michael Sullivan POLITICS It's a dirty business • Divorce Financial Planning •Insurance •Investment & Asset t's getting so you can't read a newspa What role does the media have to play in Management I per or tum on a newscast without see all of this? Well, for several years members • Pension & Retirement Planning ing a story about a politician involved in an of the fourth estate have made a big deal • Estate Planning ethical dilemma or conflict of interest over what they termed "career politicians': Call For Consultation Today charge. From the chairman of the Clark Nationwide, thi s furor has caused a ras h of County Commission to the School Board term-limit propositions to be successful. (702) 838-8111 Trustees, our elected officials appear to be In addition, the heightened reporting of long on ambition and short on moral fiber. the personal lives of politicians or candi EMILY T. SHEHANE, MS Are we being besieged by a new crop of dates for elective office have caused many Certified Financial Planner unethical politicians or has the media be worthwhile people to decide not to seek Certified Divorce Planner come sensitized to the deals elected offi public service. Who would want a profes Registered Representative Financial Network Investment Corporation cials have taken advantage of for years? sion where the best you can hope for is that Registered Investment Advisor The answer, it appears, is a little of both. your sexual preferences, personal relation Member NASD, SIPC Stories about corrupt politicians are ships and favorite grooming habits will be 2441 Tech Center Court, Ste. 11 8 nothing new. From the earliest days of our on display for the world to see? las Vegas, NV 89128 democracy, abuses of power made head That's not to say the Southern Nevada lines. But even for Las Vegas, this recent media's recent revelations into the actions rash of problems seems atypical. of local politicians haven't been insightful. That's not to say we haven't had our Allegations of a county commi ssioner pur If you're having a share of politicians accused of betraying suing business dealings with those she reg the public trust. Frank Hawkins, Ron ulates, and a school board member threat Lurie, Bob Nolen and Floyd Lamb come ening to hold up important budget items M~~TrNG 0~ TU~ MrNDS to mind. But their transgressions occurred unless her agenda is approved, are things years apart, and were considered isolated. about which the public needs to know. We have the perfect location One thing that appears to be more than But perhaps if there was more attention coincidental about recent events is in the paid to a candidate's actu al qualifications past fi ve years, Nevada has seen un for the job and less importance put on precedented changes in the make-up of its whether they attend church regularl y, we governmental bodies. Six county commis wouldn't have the kind of politicians that sioners have been ousted from office since commit such ethical errors. 1992, as have four city councilmen and There are still earnest elected officials scores of state assembly and senate candi who are doing the job for the right reasons dates. Several long-time public officials -to make the community they call home a lost their jobs to newly-elected officials better place to li ve. The question is, how who took advantage of public unrest over long will they survive, and whether whim increased growth and gridlock traffic. or reliable criteria will be used to evaluate Many of these first-term officials have the effectiveness of thei r tenure when their limited or no experience with government current term of office expires. Perhaps the • Meetings/Seminars • Small/Large Groups or public service. Some have no knowl better question is, given the whimsical way • Training/Testing • ~ourl y /Da il y ~ates edge of business or the private sector. Yet we allow the issue du j our to determine they are leading entities with budgets larg what happens in the voting booth, is who ·Minutes from Las Vegas er th an most corporations. And, unlike will be next in line to replace them? • their predecessors, these people are not ~~ND~~SON CONV~NTION C~NH~ content to let those who have gone to Michael Sullivan is the president of 200 Woter St. • ~enderson , NY o9015 school to study public management - the Paladin Advertising, a local government (702) 565-2171 • ~llX (702) 565-2177 members of their staff - do their jobs. affairs consulting firm. November 1997 • Ne\'l!da Business journal 49 T A X T p s APPLYING FOR A MORTGAGE 101 pplying for a mortgage can be a 90 days for creditors to close your Acomplex, expensive and emotional THE MORTGAGE LE DER WILL accounts and notify credit repomng agen experience. But there are some steps you cies of the accounts' closing. can take ahead of time to help the process REVIEW HOW MUCH YO OWE, AS go smoothly. Here are some suggestions GET YOU R FIN NCIAL WELL AS THE POTE. TIAL AMO T OF from the Nevada Society of CPAs. RECORDS IN OR DER CREDIT AVAILABLE TO YOU . IN FACT, Once you apply for a mortgage, you' ll CHECK YOUR CREDIT REPORT need to ubmit a great deal of paperwork. When you apply for a mortgage, one of FOR THE PURPO E OF CALC LATI G You can get a head start by beginning the first things the bank will request is a to pull together what you can. Precisely credit report. Good credit is critical to YO R DEBT, SOME LE DERS CO. L what you need will vary b_y lender, but securing a mortgage and lenders place a you can be certain that your lender will great deal of credence on the information SIDER THE MI I 1 M MONTHLY PAY - want to VJ rify your employment infor in your credit report. That's why you mation to ascertain whether your income should make every effort to be sure that the ME T THAT WOULD BE D E ON EACH is not only sufficient, but also if it is information in your credit report is correct. stable enough to meet monthly mortgage OUTSTANDI 1G CREDIT ACCO T, Often, consumers assume their fiscal payments. To pave the way for a timely responsibility has resulted in a clean REGARDLESS OF WHETHER OR ·oT response to your lender's request for credit report and are surprised to learn that employment verification, you may want to mi stakes on credit reports are ali too com THE ACCO . 1T· IS ACTI E. alert your human resources or payroll mon. Occasionally, incorrect entries are department in advance to e]jcit their co caused by mjspostings due to similar operation in completing and returning names. You should be panicularly wary if how much you owe, but also at the poten the information promptly. you have a common surname such a tial amount of credit available to you. Some of the other items you may be "Jones" or "Smjth,'" or if you are a "junior'" In fact, for the purpose of calculating asked to produce include: the names, or "senior." Other times, a dispute with a your debt, some lenders consider the min addres es and phone numbers of previous merchant over a billing error or retumed or imum monthly payment that would be employers; IRS W-2 forms; your last two damaged merchandise may remain on due on each outstanding credit account, paycheck stubs; copies of your bank state- your credit report long after the problem regardless of whether or not the account has been resolved. is active. The lender's rationale is that it information for each of your <.:re'UU- "-'1,10,1,10 By getting a copy of your credit repon, is possible that, at some point after you and any outstanding loans; and co you ' ll know what creditors have reponed, obtain your mortgage loan, you could your tax retums from the last two _ be prepared to explain any discrepancies, potentially use these accounts to run up The latter item is panicularly impor: and have time to correct any errors. debt that could affect your ability to you are self-employed. You al o To request a copy of your credit report, make your mortgage payment. contact any of the major credit bureaus The best way to avoid the risk of hav income, such as Social Security for instructions: TRW (800-392- 1122); ing too much crerut available to you is to interest and dividends, rental inconr Equifax (800-685-1111); and TransUnion identify credit cards or ]jnes of credit that alimony that you want the bank to Corp. (312-408-1050). There's a nominal you don "t use and notify those creditors fee un less you've been denied credit that you wish to close the accounts. Be within the past 60 days. sure to ask the creditor to indicate on your may help improve the chances account that it was "closed at the cus mongage loan will be approved. CLOSE INACTIVE CREDIT ACCOUNTS tomer's request." Tills notation makes it The lender who reviews your mortgage clear the account was not closed by the Prepared by the Nevada Soci app]jcation will be loobng not only at creditor for "adverse" reasons. Allow 60 to Certified Public Accountants. 50 Nevada Business journal • November 1997 THE MOBILE STORAGE GROUP CUTTING EDGE by Randall Putz TECHNOLOGY AS YOUR RECRUITING PARTNER PART Two IN A Two-PART SERIES inding the right employee at the right While it doesn't help much with the Ftime and at the right price can be a dif process of locating potential employees, ficult task these days. The market for qual specialized recruiting software helps to ified workers is extremely competitive, manage the hiring process. Recruiting and the success of an organization is software electronically captures applicant 'Weare committed to being your source linked directly to how many qualified indi data, and once in the recruiting system, for quality storage containers and semi viduals are found to fill the ranks. Fortu applicant information can be retrieved and trailers. Let us assist you in providing nately technology comes to the rescue analyzed quickly and efficiently. The sys a with specialized software and services that tem will rank qualified applicants in order storage unit to meet you...r: requirements. have the potential to dramatically affect of preference for each open position using FOR PURCHASE OR FOR RENTAL. the way you look for your next employee. user-defined selection criteria, helping Las Vegas Other Cities There are two basic ways to take advan make strong matches between applicants (702) 651-1 006 {BOO) 662-8810 tage of new hiring technology - use an and available positions. online service, or install an internal track Taking this concept one step further, ing system. An online service is the quick recruiting software can also help you in est and easiest way to exploit these new other human resource-related areas. What recruiting methods, and there are a variety applicants have been told, given, or offered of such services available on the Internet can be tracked and mass mailings to large that can be located by searching your applicant pools can be sent. Recruiting favorite search engine with keywords like systems can also provide required reports The Extraordinary Gift Ba1ket Company "jobs" or "recruiting." (Try taking a look at and tracking necessary to stay in compli www.monsterboard.com.) Typically an ance with federally-mandated hiring legis employer pays a fee to search the service's lation. Of course the larger the number of Looking for that candidate database using a prospective applicants, the more valuable the software. unique gift for your employee profile. This profile will include Finally, there is a third way companies necessary skills, geographic location and can use technology to their hiring advan business associates this experience. The results of the search are tage, and that is through their own website. holiday season? delivered immediately online, or the em Increasingly, prospective employees cull Come see us, we have ployer can subscribe to a monitoring ser the Internet for information on companies many baskets featuring vice that will provide notification through they may be interested in working for. coffee, chocolate, spirits, e-mail when a profile match is made. Gearing part of a company's website con cigars, While this method of recruiting is rela tent towards this trend can help move that body care, tively new, proponents swear by it and company up on a prospective employees and much many large corporations maintain their list. Appropriate online employment con more ... recruiting edge by regularly searching var tent may include an online job board list ious online recruiting services. It is proba ing open positions, or employee testimoni and we bly no surprise this type of service has als mentioning some of the company's deliver! proven especially effective in specific mar wonderful employment advantages. • kets and specific industries with a high online population. And compared to the Randall Putz is a principal of the Market 368-0001 cost of a single-market employment ad, a ing Technology Group, a Las Vegas-based 2800 W. Sahara nation or world-wide online recruiting ser digital communications firm specializing Suite 1E vice can be quite cost effective. in strategic on-line presence. Las Vegas, NV 89102 November 1997 • Nevada Business journal 51 - STRATEGIES by George Fuller POSITIVE WAYS TO DEMONSTRATE LEADERSHIP uch has been written about leadership overdo it. When someone performs excep Min business. The role models cited in ONE OF THE BEST LEADERSHIP tionally well, take the time to let them articles and books range from swashbuck know. On the other hand, don't arbitrarily ling generals to ancient philosophers. TRAITS YOU CA PRACTICE FROM A scatter compliments about, since this While these examples may make for inter detracts from praise that is truly deserved, esting reading, they don't do much to and can create resentment by deserving explain the basic day-to-day practices PERSO AL STANDPOI T IS TO employees when they see marginal work needed for effective leadership in the busi ers receiving equal credit. ness world. One of the problems often KNOW WHEN TO LET GO . 9. Try looking at things with a critical pointed out is that managers are funda viewpoint in terms of seeking a better way mentally concerned with achieving to perform existing tasks. Jyfany routine planned objectives in an orderly fashion, 4. Be willing to admit your own mis functions continue to be performed while leadership involves change, vision, takes. Employees know when errors have in the san;e way simply because no one and risk-taking. However, for practical been committed, and a manager who can has given any thought as to how they purposes, good managers do handle both admit to them demonstrates the self-confi can be done better. roles in varying degrees. dence of a leader. 10. Question things that do not make Perhaps too much emphasis is placed on 5. Accept the blame when things go sense. More than a few administrative rou trying to define the difference between wrong. Managers who assume responsi tines and policies are continued long after managerial and leadership roles rather bility for errors made by people working they have outlived their usefulness simply than identifying how a manager can also for them will encourage workers to do the because no one has questioned their pre be an effective leader. Adopting some of same, rather than pass the buck or point sent day purpose. the following techniques will go a long fingers elsewhere. Perhaps of even greater 11. Try to recognize changes taking way toward improving leadership skills. importance, employees will be more will place within your department, division, 1. Encourage teamwork and worker ing to take risks when they know they company, or industry, and look for ways to participation before making tough deci won't be singled out for criticism. benefit from them. This is the sort of for sions. But don't go overboard in seeking a 6. Encourage debate and dissent. A ward-looking vision that di stinguishes consensus. Even employees who don't manager who is a good leader will encour leaders from followers. aturally, the agree with the ultimate decision will age employees to express their concerns. extent to which you can react will relate to respect your leadership if they have been You might think that this is essentially a your particular position. Nevertheless, given an opportunity to voice their con "no-win" headache for yourself, when in whatever your sphere of influence, it's the cerns beforehand. fact, it can be a valuable asset. If workers thought process that's important in foster 2. Be enthusiastic about the future even know they can freely express their opin ing leadership qualities. when things aren't going well at the ions, they will bring problems to your I 2. One of the best leadership traits you moment. Enthusiasm is just as contagious attention that might go unnoticed until can practice from a personal standpoint is as gloom and doom, so your attitude will they erupt into a crisis. to know when to let go. This applies, not be reflected by your workers. 7. Be open and honest. If you are only to the need for delegating work to 3. Always remain calm under pressure. willing to level with employees, they will subordinates, but also in recognizing there Maintaining control under stressful condi be willing to level with you. Being forth is life beyond work for yourself. An effec tions is important in two ways. First, it right with workers on a consistent basis tive manager and leader knows when to helps you to make better decisions. Sec will pay dividends when you have to relay call it a day and head for home, which is a ond, it demonstrates to employees they unpleasant news. It also builds a fo unda leadership tactic anyone can relate to. • have a leader who can be relied upon in tion for the trust that's needed to critical situations. This sort of reassurance be an effective leader. George Fuller is the author of The also encourages workers to keep their own 8. Give credit where credit is due. Praise First-Time Supervisor's Survival Guide, cool when work pressures intensify. employees for a job well done, but don't published by Prentice Hall. 52 Nevada Business Journal • November 1997 s Southern Nevada's job climate BUILDING AND A grows increasingly sophisticated and CONSTRUCTION competitive, the process of pairing qualified MANAGEMENT employees with their ideal working environ ment has become more complicated. The ith Southern Nevada's top ranking in Matrix Croup, Nevada's largest indepen W contracting and construction growth, dently owned and operated executive neve r have quality building industry man search firm and personnel service, has been agement and personnel been more in committed to finding personnel and demand locally. According to Duane Hogge, employment solutions for Las Vegas Valley The Matrix Group's Director of Business businesses and residents for nearly 10 years. Development, the firm's ability to attract top In an effort to effectively serve the wide talent from across the nation makes it a Will Case array of needs existing in Southern Nevada, substantial resource for its construction The Matrix Croup has established divisions edge regarding the industries we serve," Case industry-related clients. focusing on the economy's principle explained. "Since our firm's recruiters each "Companies are relying on us to find industries. work within a specialized arena, we can con people they couldn't find on their own," centrate on understanding the particular INFORMATION SERVICES aspects of our clients' businesses. We're more AND ENGINEERING readily prepared to accommodate their per sonnel needs, as well as to assess a candi he Matrix Croup furnishes its clients date's potential within a certain position." Twith a comprehensive executive search "We take our jobs very seriously, because program in information services and engi we know that a business can only be as suc neering, with a concentration on the gaming cessful as its employees," Case added. "As industry. According to Will Case, Senior personnel recruiters, we play a direct and Technical Recruiter, remaining abreast of vital role in the success of our customers' constantly evolving technical fields is essen companies. We look for candidates who tial to serving the needs of clients. thrive on a team approach, because that's "As recruiters, we realize the importance necessary to meeting the demands of today's Duane Hogge of maintaining a solid foundation of knowl- ever-changing technological environment." Nevada Business Journal ADVER T OR AL stated Hogge. "Sometimes, that entails a nationwide search for the best candidate for a specific position. Finding and retaining a fresh , qualified labor pool will constitute an important challenge for our market in the est about what we can help them accom coming years. Many of today's human plish. Personalized, attentive customer ser resources managers are so busy understand vice represents a substantial element of our ing laws, regulations, EEOC policies and overall mission. " other related issues that they have little time For Stieffermann, persistence, drive, to devote to seeking high-quality employees, integrity and a genuine concern for people Myra jordan and Cottia Bender managers and executives. We consider our are essential attributes for anyone looking to selves an extension of their company, and successfully assist companies with their ness," Stewart pointed out. "That's a testa we're 100 percent centered on searching for staffing searches. ment to our efforts on behalf of our their best-suited candidate." "Accu rately assessing whether a candidate customers. They know they can rel y on us to " Drawing top talent in any field requires fits a job or a co mpany, and vice ve rsa, continually go the extra mile in determining that we know Southern Nevada and can requires thoroughness, patience and a true their needs and serving them. When they acquaint newly-situated residents with the interest in bringing about the best end result recommend us to friends and associates, area," continued Hogge. "The owners of fo r all involved," she explained. they have confidence in the caliber of appli The Matrix Group, in addition to the firm's cants we attract and place .~. recruiters, are all life-long or long-time resi ADMINISTRATIVE "The Matrix Group has developed an dents of Las Vegas. We can offer our clients SUPPORT extensive national and regional network of an important service - that of acclimating busines; contacts and associates; and that their new staff to aspects of Las Vegas rang he Matrix Group is known for their allows us to access the most sought-after tal ing from the schools to recreational and Tqualified, fully-tested and performance ent pools across the country," Stewart stated. leisure opportunities." evaluated candidates for the total office "Whether we're working w ith technological ly-oriented companies, contractors and MORTGAGE environment, including office management, administrative support, legal secretarial, builders, lenders or any other type of busi BANKING executive and general secretarial, account ness, we're equipped to meet their person ing, job costing, purchasing, data entry nel needs now and into the next ce ntury." and receptionist. Myra Jordan and Cottia Bender are the dynamic team building the highest level of quality assurance in administrative per so nnel placement, which is the foundation of any business. "We're always expanding the options and alternatives we provide for our clients," stat ed Bea Stewart, President and Co-owner of The Matrix Group. "Becoming a full-service placement firm has enabled us to focus on Carol Stieffermann creative problem-solving for our cl ients and he Matrix Group also maintains a sepa their personnel or placement needs. " Bea Stewart (/eft) and Darlene Karn T rate division designed to service the Darlene Karn, CEO, established The unique needs of Southern Nevada's dynamic Matrix Group in 1988 with her sister, com mortgage lending business. pany President Bea Stewart. Both are life "Th e banking and mortgage industry is long Las Vegans and have witnessed its For ymu company's playing an increasingly key role in Southern dynamic growth. staffing needs call: Nevada's economy, and thus merits added They believe their commitment to honest (702) 598-0070 attention as a staffing and executive place and ethical business practices, employee in Fax (702) 598-4927 ment discipline," noted Carol Stieffermann, dustry training and team building has created 1-800-595-6975 CPC, Senior Staffing Specialist for The Matrix a company that is an asset to the challenges www.matrixgrp.com Group. "We place a priority on listening facing the Las Vegas business community. ca refully to the needs of both companies " Between 80 and 90 percent of our busi "And Experience and job applicants, in addition to being hon- ness is comprised of repeat and referral busi - the Difference'' Nevada Business Journal To pRank Nevada STAT EWIDE BOOK OF LISTS Research by Lisa Maguire SMALL BUSINESS - SUBSTANTIAL RESULTS . There are approximately . Small businesses produce . Overall, small firms pro- 22.1 million small busi- 50 percent of the United duce 55 percent of innova- nesses operating in the States' private gross tions, and create two times United States. domestic product. as many innovations per- employee as large firms. • Of the 2.5 million jobs . Small businesses employ created in 1995, industries 53 percent of the private • Small business provided dominated by small busi- work force. virtually all of the net new ness produced an estimated jobs added to the economy . Small businesses account 75 percent of those jobs. from 1991 to 1995, or for 46 percent of all sales about 7.7 million new jobs. • Small business-domi in the country. nated sectors of the . Small firms accounted economy will contribute for nearly 25 percent, Source: The Facts About approximately 60 percent or $43 billion, of all Small Business, 1996, Office of new jobs between 1995 direct government of Advocacy, U.S. Small 1994 and 2005. contracting awards. Business Administration. On the Following Pages E:\ilPLOYME T AGE CIES 56 The newest casino l'\SURANCE COMPANIES 57 PooL C o TRACTORS 58 GAMING SUPPLY AND in las Vegas has S ERVICE COMPANIES 59 HOTELS AND REsORTS 60 made abusiness PREFERRED PROVIDER 0RGAN1ZATIO S 62 out of kickin' back. HOME HEALTHCARE PROVIDERS 63 )HOPPING CENTERS 64 Discover Key Largo Casino, where vacation )BA L E DERS 66 is a state of mind. 248 slot/keno/video poker machines, live gaming, Slot Bonus ~p coming Lists Bingo, great food and exceptionally friendly service. Drop in after work and ::ONVENTIO I I MEETING FACILITIES you'll see how we've made the preserva • 'SURANCE BROKERS tion of your sanity our business . ...AN DSCAPE ARcmTECTS 'EVADA'S TOP 50 B USINESSES TEVADA's ToP 50 B u siNESs LEADERS )FFICE B UILDINGS )rncE FURNITURE A D S uPPLY Cos. On Ramingo Near Paradise tEsiDE TIAL REAL E STATE BROKERS (702) 733 -7777 ~-\REHO USING I MA UFACTURING Cos . November 1997 • 1\evada Business journal 55 TopRankiNevada S T A TE WID E BOOK OF LISTS Employment Agencies Ranked by Total Employees EMPLOYMENT AGENCY PHONE ADDRESS TOTAl O FFICES E-MAIL I W EBSITE EMPLOYEES IN NV TEMPORARY PERMAH ENT f EE PAI D BY G & A Medical Personnel, Inc. 732-1930 132 Yes Yes Employer M ary Grear 3006 S. M aryland Pkwy., Ste. 400, LV 89109 1991 2 The Eastridge Group 732-8855 75 3 Yes Yes Employer Jane Whisner, CPC 4220 S. Maryland Pkwy., Ste. 205, LV 89119 1974 3 MCSS, LTD. 827-2226 41 Yes Yes Employer 6140 Plumas St., Ste. 300, Reno 89509 4 Professional Healthcare Staffing 362-0711 40 Yes No Employer 5300 W. Sahara Ave. , Ste . 202, LV 89102 5 Olsten Staffing Services 7 Yes Yes Employer 5440 W. Sahara Ave., Ste . 101, LV 89102 6 Robert Half In!' I 20 Yes Yes Employer Lynn Gerard 3980 Howard Hughes Pkwy., Ste. 380, LV 89109 1987 7 Labor Ready 15 3 Yes No N/A Thomas Ynigues, 1123 E. Sixth St., Unit C, Reno 89512 1972 8 Snelling Personnel Services 14 2 Yes Yes Employer Ruth Ryan 1056 E. Flamingo Rd., Ste. 142, LV 89119 1991 9 The Matrix Group 598-0070 13 Yes Yes Employer Darlene Karn 501 S. Rancho Drive, Ste. G-46, LV 89106 1988 www.matrixgrp.com 10 Adecco Services 731-2267 10 2 Yes Yes Employer Pat Adamsen 1050 E. Flamingo Rd ., E225, LV 89119 1987 10 COREStaff Services 220-3040 10 Yes Yes Employer 6655 W. Sahara Ave., Ste. B-108, LV 89102 10 Kelly Services, In c. 255-4877 10 2 Yes Yes Employer 1160 Tow n Center Drive, LV 89134 www.kellyservices.com Remedy Intelligent Staffing 8 Employer Donna Tillman 2301 Kietzke Lane, Reno 89502 1993 Career Connectors Employment Service 7 Applicant, Larry Schwartzer 4015 West Charleston Blvd , LV 89102 Employer 1993 6 Employer Chuck Burr 1996 6 Applicant, Employer ---1 Uniforce Staffing Services 6 Employer 1105 Terminal Way, Ste. 114, Reno 89502 Preferred Personnel of Nevada 5 Yes Employer Evelyn Bu rnstein 2250-4 E. Tropicana Ave., LV 89119 1995 18 Source Services Corporation 5 Yes Employer Rick Bidelman 1601 E. Flamingo Rd ., Ste. 18, LV 89119 1996 www.experienceondemand.com 20 Career Ch oices 4 Yes Employer Nancy Runburg 625 Margrave Dr., Ste. 101, Ren o 89502 1988 20 Talent Tree Staffing 4 Yes Employer Janice E. Wesen 2920 S. Jones Blvd., Ste. 220, LV 89102 1993 20 Accustaff 323-5004 4 No Employer Bob Flowers 1565 Vassar St., Reno 89502 1977 23 Staffing Resources 795-7767 3 Yes Employer Sue Peck 4620 S. Valley View, Ste. E, LV 89103 1996 24 Adecco Employment Service 2 Yes Employer DND 2303 S. Virginia St. , Ste. 7, Reno 89502 1993 25 Flowers Executive Search Group No Yes Employer M arsha Flowers 1565 Vassar St., Reno 89502 1977 N/ A Interim Personnel 829-8367 DND DND Yes Yes DND Roger Lytle 657 E. Moana Ln. , Reno 89502 1990 N/ A SOS Staffing Services 647-4778 DND 9 Yes No DND • • • Ben Sartori 333 N. Rancho, Ste. 180, LV 89106 1985 DND = Did not disclose ~LISTS ~ Note: The above information was supplied by representatives of the listed companies in response to faxed survey forms. Companies not appearing did not respond. To the best of our knowledge. the information is accurate as of press time. BOOK OF u.atLI While every effort is made to ensure accuracy and thoroughness, errors and omissions do occur. Send corrections or atiitions on company letterhead to TopRank Nevada Statewide Book of Lists. Research Depl. 2127 Paradise Rd ., LV, NV 891~ 56 Nevada Business journal • November 1997 TopRankiNevada STATEWIDE BOOK OF LISTS Life Fraternal Insurance Companies Ranked by 1995 Direct Premiums "'z MARKET CUMULATlVE .:2 INSURANCE COMPANY INSUUHCE COMPANY DIRECT PREMIUMS • SHARE Mocr SHARE 1 Hartford Fire & Casualty $11,204,648 0.83 72.31 2 Prudential of America 10,820,594 0.80 73.11 3 Principal Financial Group 10,390,360 0.77 73.88 4 New York Life Group 10,316,377 0.77 74.65 5 Travelers Insurance Group 9,759,233 0.72 75.37 6 John Alden Group 9,007,349 0.67 76.04 7 Sierra Health Services Group 8}55,961 0.65 76.69 8 Aegon USA, Inc. 8,338,798 0.62 77.31 9 Metropolitan Group 7,508,274 0.56 77.87 10 Allstate Insurance Group 7,348,714 0.55 78.42 11 Mutual of Omaha 7,213,479 0.54 78.95 12 Group Health Insu rance, Inc. 7,075,304 0.53 79.48 13 Aetna Life & Casualty 7,061 ,197 0.52 80.00 14 Cigna Group 6,749,339 0.50 80.50 15 General Electric 6,353,843 0.47 80.89 16 Jackson National Group 6,343,238 0.47 81.45 17 American Express Group 6,0680195 0.45 81.90 18 American General Group 6,028,479 0.45 82.35 19 Nationwide Corp. 5,860,916 0.44 82.78 20 Guardian Life Insurance 5,696,147 0.42 83.20 21 lnteninancial Inc. 5,416,536 0.40 83.61 22 American International Group 5,236,765 0.39 84.00 23 Teachers Insurance & Annuities Assoc. 5,081,601 0.38 84.38 24 Mass Mutual, LIC 5,020,616 0.37 84.75 25 UNUM 4,962,263 0.37 85.11 26 State Farm IL 4,321,178 0.32 85.44 27 Liberty Mutual Insurance 4,262,357 0.32 85.75 28 Conseco Group 4,252,971 0.32 86.07 29 Beneficial Life 4,243,200 0.32 86.38 30 Reliastar Life Insu rance Group 4,029,397 0.30 86.68 31 Transamerica Group 4,006,090 0.30 86.98 32 CNA Insurance Group 3,963,197 0.29 87.27 33 Great West Life Assurance 3,946,545 0.29 87.57 34 Kemper Corp Group 3,697,870 0.27 87.84 35 Liberty National 3,663,776 0.27 88.11 36 Allianz Insurance Group 3,424,328 0.25 88.37 37 Security First Life Group 3,381,987 0.25 88.62 38 Northwestern Mutual Source: 1995 Market Share Reports, NAIC, Washington, D.C. • Tolills for Life Insurance, Annuity Considerations, Deposit Type Funds & Accident & Health Insurance. ~LISTS rnr:-:1 Note: The above informatioo was supplied by representatives of the isted companies in response to faxed survey forms. Companies not appearing eM not Cl!SpOOd. To the best of oor knowledge. the informatioo is aCOJrate as of press time. BOOK OF llltU While t!VeJY effort is made to ensure acruracy and thoroughness, errors and omissions do ocrur. Send corrections or additions on company lettemead to TopRank Nevada. Statewide Book of lists, Research Dept, 2127 Paradise Rd .. LV. NV 89104. Communications Technology ... CRC, Las Vegas' oldest long distance company, is committed to providing the IOVI/8St cost, most effective caller conveniences. and a full range of services: + Long distance • Local service • Debit cards • Operator services • International origination • International calling card • Enhanced calling card with voice and fax mail I Call 1-800-873-2722 today to save money. 4275 E. Sahara Avenue, Suite 6 ... the company that cares las Vegas, Nevada 89104 November 1997 • Nevada Business Journal 57 TopRankiNevada STATEWIDE BOOK OF LISTS Pool Contractors Ranked by Pools Contracted in 1998 POOL CONn The One Stop Shop for all of your mail processing needs. • Computer Services • Data Entry & Conversions • Local, Regional & Natio!Hif liSts • Business, Residentiar.:· al ostal Preparation ersonalized Latta~ • lntelligeut lasaJting & DiniCtJI'tfdlellaing 58 Nevada Business journal • November 1997 TopRankiNevada STATEWIDE BOOK OF LISTS Gaming Supply and Service Companies Ranked by Number of Employees GAMING SUPPLIER z~ AoDRESS(ES) PHONE(S) No. SENIOR NV EXECIITIVE < 0:: EMAIL I WEBSITE EMPLOYE ES SU PPLIE S SERVl CES YEAR ESTABLISHED International Game Technology (IGD 1977 Video Poker, Video Keno, Player Tracking Sys- Floor Design, Machine Installation, Sales & Ser- G. Thomas Baker 9295 Prototype Drive, Reno 89510 448-7777 terns, MegaJackpot Systems, Slot Machines vice, Maintenance, 24-Hour Software Support, 1981 1085 Palms Airport Drive, LV 89119 896-8500 Technical Service www.igtgame.com Jackpot Enterprises, Inc. 263-5555 750 N/A Route Operator Don Komstein 1110 Palms Airport Drive, LV 89119 1952 Casi no Data Systems 269-5000 420 Video Poker, Player Tracking Systems, Mega- N/A Steven Weiss 3300 Birtcher Drive, LV 89118 Jackpot Systems. Graphics/Screen Printing, Slot 1990 Machines, Novelty Slot Machines 4 United Coin Machine Company 270-7500 370 Video Poker, Video Keno, Player Tracking Sys- Route Operator, Machine Installation, Service Bob Miodunski 600 Agot Road , Suite E, LV 89119 terns, MegaJackpot Systems, Slot Machines 1967 www.gamblersbonus.com 5 Anchor Gaming 896-7568 300 Slot Machines, Novelty Slot Machines Route Operator Stan Fulton 815 Pilot Road, Suite G, LV 89119 1989 5 Bally Gaming Inc 896-7700 300 Video Poker, Video Keno, Slot Machines N/A Marry Goldstein 6601 S. Bermuda Road, LV 89119 1967 www.ballygaming.com Tripp Plastics 355-7552 130 Keno Blower System, Dealing Shoes, Gaming NIA Warren Tripp 250 Greg Street, Sparks 89431 Accessories, Signage 1948 8 Sigma Game, Inc. 260-3100 120 Video Poker, Slot Machines, Novelty Slot Floor Design, Machine Installation, Sales & Ser- Jim Jackson 7160 S. Amigo Street, LV 89119 Machines vice, Maintenance 1984 www.sigmagame.com 9 Paul-Son Gaming Corp. 384-2425 75 Gaming Tables & Furniture, N/A Tucker DiEdwardo 1700 Industrial Road, LV 89102 Gaming Accessories 1963 www.paulson.com 10 Shuffle Master Gaming 897-7150 58 Automatic Card Shuffler, Proprietary Tables N/A Dr. Mark Yoseloff 1106 Palms Airport Drive, LV 89119 Games. Video Game Software 1992 11 Central Credit, Inc. 893-1900 55 N/A Casino Credit Services, Casino Marketing Ser- Pam Shinkle 3763 Howard Hughes Pkwy, Ste. 300, LV 89109 vices 1956 12 Gaming Systems International 795-3333 40 Player Tracking Systems, Casino Management Floor Design, Consulting, Technical Service, Roy Student 6000 S. Eastern , Bldg. 6, LV 89119 Systems, Cage/ Credit Systems, Slot Accounting Telecommunications DND Systems, Progressive Systems 12 Johnson Business Machines 40 Player Tracking Systems, Signage, Plastic Slot Sales & Service Charles Johnson Plastic Print-A-Card Cards, Thermal Printers, Embossers, Hollerith 1977 N.C. Electromechanics 876-5100 Punches 3111 South Valley View, Ste. S-101, LV 89102 14 Sunkist Graphics 566-9008 35 Signage, Custom Slot & Poker, Glass Sales & Service Steve A Black 401 E. Sunset, Henderson 89015 1983 www.sunsetgrfx.com 15 C.D.F., Inc. 361-8828 30 Video Poker, Video Keno, Signage, Slot Route Operator, Floor Design, Machine lnstalla- Russelllsrow 1111 Grier Drive, Ste. A, LV89119 Machines, Novelty Slot Machines, Gaming tion, Sales & Service, Maintenance 1990 Tables & Furniture 15 Westronics, Inc. 30 Video Poker, Video Keno, Player Tracking Sys- Route Operator, Floor Design, Machine InstalL, DND Game Masters, Inc. 732-1414 terns, MegaJackpot Systems, Slot Machines, Sales & Service, Main\. , Slot Broker, Security, DND 2575 S. Highland Drive, LV 89109 Novelty Slot Machines, Personalized Gaming Lighting, 24-Hour Software Support, Consulting, [email protected] Tokens Techn ical Service, Mfg Sales & Export 15 Custom Deco West 644-8839 30 Decorated Glassware DND John Lundberg 4031 N. Pecos Road, Ste. 105, LV 89115 1996 [email protected] 15 Data Broadcasting Corp. 30 Sports Handicappin g Information, On-Line DND Roxy Roxborough dba Computer Sports World 892-0670 Sports Database 1983 675 Grier Drive, LV 89119 http://sports.dbc.com 19 O's Casino Emporium 257-2220 25 Video Poker/Keno, Auto. Card Shufflers, Slots, DND Carl E. Frederickson 4625 Wynn Road, LV 89103 Novelty Slots, Tables/ Fum., Gaming Accessories, 1990 www.cjslots.com Personalized Gaming Tokens/Chips N/A Nevada Coin Minting 369-0500 DND Personalized Gaming Tokens, Token Destruction, DND Stan Zurawski PO Box 46110, LV 89114 Fu ll Color Slot Tokens 1965 www.tokens.com I [email protected] N/A U.S. Playing Card 972-8183 DND Gaming Accessories DND William P. Carson 4590 Beech Street, Cindnnati, OH 45212 DND DND ; Did not disclose Gaming Accessories: Cards, Dice, Chips, etc. BOOK~LISTS II:IEi Note: The above infonnation was supplied by representatives of the listed companies in response to faxed survey forms. Companies not appearing did not respond . To the best of our knowfedge, the information is accurate as of press time. OF While every effort is made to ensure accuracy and thoroughness, errors and omissions do occur. Send corrections or additions on company letterhead to TopRank Nevada. Statewide Book of Lists, Research Depl, 2127 Paradise Rd., LV. NV 89104. November 1997 • Nevada Business journal 59 TopRankiNevada STATEWIDE BOOK OF LISTS Hotels and Resorts I Ranked by Total Rooms (minimum 1oo rooms> ~ HOTEL PHONE TOTAL ROOM YEAR ~ ADDRESS ROOMS RATES FOUNDED SPECIAL AMENmES OWNER(S) MGM Grand Hotel & Casino 891-1111 5,005 $69 - $229 1993 2 Showrooms, 7 Restaurants, MGM Grand Adventures & Youth Activity Center, Publicly Owned 3799 Las Vegas Blvd S. , LV 89109 Grand Pool & Spa, Monorail System, Convention Center & Meeting Facility NYSE:M66 2 Luxor Las Vegas Hotel & Casino 262-4000 4,427 49- 259 1993 7 Restaurants, 2D & 3D Theatre, Convention Center, Spa, Retail Mall, Showroom 3900 Las Vegas Blvd S. , LV 89119 3 Excalibur Hotel & Casino 597-7777 4,008 35- 150 1990 2 Wedding Chapels, 12,000 sq. ft. of meeting/banquet space, King Arthur's Tourna Circus Circus 3850 Las Vegas Blvd S., LV 89109 ment dinner show, 2 Pools, 6 Restaurants es, Inc. 4 Circus Circus Hotel/Casino/Theme Park 794-3813 3,746 39 & Up 1968 Grand Slam Canyon Theme Park, Midway w/Carnival Games, Entertainment, Shopping Circus Circus 2880 Las Vegas Blvd S., LV 89109 Promenade, RV Park, Pools, 8 Restaurants es, Inc. 5 Flamingo Hilton - Las Vegas 733-3111 3,642 59 - 219 1946 3 Pools, Waterslide, Garden Chapel, 9 Restaurants, Entertainment Publicly Held 3555 Las Vegas Blvd. S., LV 89109 6 Las Vegas Hilton 732-5111 3,174 95-1 ,570 1969 Night Club, Star Trek: The Experience, 12 Restaurants Hilton Hotels Corpora 3000 Paradise Rd., LV 89109 tion 7 The Mirage 791-7111 3,049 79- 399 1989 Large Ballrooms, Convention Meeting Space, Erupting Volcano, Gardens w/ White Mirage Resorts Inc./ 3400 Las Vegas Blvd . S., LV 89109 Tigers, Lions & Dolphins, Pool w/ Cabanas, Health Spa, Arcade, Shops Steve Wynn 8 Monte Carlo 730-7777 3,014 59- 239 1996 Pool, Spa, Tennis Courts, Health Club, Chapel, 7 Restaurants, Retail Shops, Flower Shop Circus Ci rcus Ent., Inc. 3770 Las Vegas Blvd. S. , LV 89109 Meeting & Banquet Facilities, Valet Parking & Mirage Resorts, Inc. 9 Treasure Island 894-7444 2,900 59 - 349 1993 Buccaneer Bay Sea Battle Attraction, Health Spa & Salon, 2 Wedding Chapels, Mirage Resorts, Inc. 3300 Las Vegas Blvd. S., LV 89109 8 Restaurants, 5 Lounges 10 Bally's Las Vegas 739-4111 2,814 99-2,250 1985 Meeting & Convention Facilities, 10 Restaurants, Spa & Gym, Pool, 8 Lighted Tennis Hilton Hotels Corpora 3645 Las Vegas Blvd S., LV 89109 Courts, Monorail Transportation tion 11 Rio Suite Hotel & Casino 252-7777 2,578 95- 149 1989 DND Rio Properties, Inc. 3700 W. Flamingo Rd., LV 89109 12 Caesars Palace 731-7110 2,500* 79- 500 DND Full -Service Health Spa, Beauty Salon, Forum Shopping Mall, Meeting Facilities, ITI Sheraton 3570 Las Vegas Blvd. S. , LV 89109 170,000-sq.-ft. Palace Ballroom, Restaurants, Omnimax Theatre, Magic Empire 13 Stardust Resort & Casino 732-6111 2,300 38 - 400 1958 Shows, Lounge Entertainment, 6 Restau rants, 2 Pools & Jacuzzis Boyd Gaming Corpo 3000 Las Vegas Blvd S., LV 89109 ration 14 New York-New York Hotel & Casino 740-6833 2,034 79 - 219 1997 Reflica of the Statue of Liberty, Brooklyn Bridge, NY Skyline, & Times Square, Cen MGM Grand, Inc. & 3790 Las Vegas Blvd S., LV 89109 tra Park Theme, Wedding Chapel, Manhattan Express Rollercoaster Primadonna Resorts 15 Reno Hilton 789-2184 2,001 89 - 149 1978 Meeting & Exhibit Space, 8 Restaurants, Recreational Center; 50 Lane Bowling, Pool Hilton Hotels Corpora 2500 E. Second St., Reno 89595 Aqua-Golf Driving Range, 2 Movie Theaters, Family Entertainment Center & Health Club tion 16 Flamingo Hilton-Laughlin 298-5111 1,972 17- 89 1990 Show, Outdoor Amphitheater, Boat Dock & Riverboat, 6 Restaurants Hilton Hotels Corpora 1900 S. Casino Dr. , Laughlin 89029 tion 17 Golden Nugget Hotel & Casino 385-7111 1,907 59 - 375 1946 Mobil Four Star & AAA Four Diamond Rated Property, Spa & Beauty Salon, Mirage Resorts, Inc. 129 E. Fremont Street, LV 89101 5 Restaurants, Banquet & Convention Center, Pool 18 Tropicana Resort & Casino 739-2783 1,870 79- 129 1957 5 Acre Garden & Pool, 7 Restaurants, Wildlife Walk with Exotic Birds, DND · 3801 Las Vegas Blvd. , LV 89109 Monkeys & Reptiles, Shows 19 Sahara Hotel & Casino 737-2111 1,801 55- 250 1952 Gourmet Steak House, Mexican Restaurant, Business Center William Bennett 2535 Las Vegas Blvd S. , LV 89109 20 John Ascuaga's Nugget 356-3300 1,661 79 - 625 1955 8 Restaurants, Year-Round Pool & Spa, Entertainment, Full Service Salon, Business John Ascuaga 1100 Nugget.Ave., Sparks 89431 Center, Convention & Meeting Facility 21 Harrah's Hotel & Casino, Laughlin 298-4600 1 ,640 19- 75 1988 2 Pools & Spas, Beach, Health Club, Shows, Entertainment Harrah's Entertain 2900 S. Casino Dr., Laughlin 89029 ment, Inc. 22 Ramada Express Hotel & Casino 298-4200 1 ,501 18- 149 1988 Adult-Only Accommodations, Covered & Valet Parking, 1940's Museum of Memo Aztar Corporation 2121 S. Casino Dr., Laughlin 89029 ries, Entertainment, 5 Restaurants 23 Edgewater Hotel & Casino 298-2453 1,448 19- 55 1983 St~akhouse , Buffets, Entertainment, Lounge Circus Circus Enterpris 2020 S. Casino Dr., Laughlin 89028 es, Inc. 24 Riverside Resort Hotel & Casino 298-2535 1,400 17- 105 1966 U.S.S. Riverboat Cruises , Colorado River, R.V. Park with 900 Spaces - Full Hook-Up Don Laughlin 1650 S. Casino Dr., Laughlin 89029 25 Peppermill Hotel & Casino 826-2121 1,069 49 - 99 1971 Valet Parking, 6 Restaurants, Entertainment, 9 Bars & Lounges, Convention Center Bill Paganetti, Nat Carasali, 2707 S. Virginia St., Reno 89502 & Meeting Facility Tom & Albert Seeno 26 Jackie Gaughan's Plaza Hotel & Casino 386-2110 1,037 30- 75 1971 Jogging Track, Tennis Courts, Amtrak & Greyhound Depot, Convention Hall & Ban John D. Jackie Gaugh 1 Main Street, LV 89101 quet Facilities, Wedding Chapel an 27 Palace Station Hotel & Casino 1,029 59 - 169 1976 Tum-of-the-Century Railway Station Decor, 100,000 sq. -ft. Casino, Station Casinos, Inc. 2411 W. Sahara Ave., LV 89102 5 Restaurants, Shuttle to the Strip. 18,500 sq. ft. of Meeting Space 28 Gold River Resort & Casino 298-2242 1,003 14 - 300 1984 Shows, Jet Ski Rentals - River Sports, Entertainment, Spa, Fitness Center, Arcade, DND 2700 S. Casino Dr. , Laughlin 89029 Gift Shop, Car Wash 29 The Orleans Hotel & Casino 365-7111 840 39- 225 1996 Convention/Business Center, Wedding Chapel, 7-Lane Bowling Center, 12-Piex Coast Hotels & Casi 4500 W. Tropicana Ave., LV 89103 Movie Theater, Child Care Center, Arcade, Food Outlets, Shopping Area nos, Inc. 30 Gold Strike Hotel & Gambling Hall 477-5000 812 25- 85 1987 5 Restaurants, Pool & Jacuzzi, Gift Shop, Nickel Arcade DND P.O. Box 19278, Jean 89019 31 Gold Coast Hotel & Casino 367-7111 768 39 - 200 1986 72-Lane Bowling Center, Twin Movie Theaters, Child Care Center, Showroom/ Coast Hotel & 4000 West Flamingo Rd., LV 89103 Dance Hall, Pool & Spa with Bar, Convention/Banquet Facilities, Bingo Room Casinos, Inc. 32 The Four Queens Hotel & Casino 385-4011 690 39 - 99 1966 Gourmet Room, Casual dining, 2 Convention Facilities, Entertainment The Paul-Son Group 202 Fremont Street, LV 89101 33 Holiday Inn Casino Boardwalk 735-2400 653 49 - 99 DND Coney Island Theme, Coffee Shop, Buffet 3750 Las Vegas Blvd S.. LV 89109 34 Sam's Town Hotel & Gambling Hall 454-8048 650 40- 250 1978 Mystic Falls Indoor Park, Laser-Light & Water Show, 10 Restaurants, 14 Bars & 5111 Boulder Hwy., LV 89122 Lounges, Live Music & Dancing 35 Fitzgeralds Casino & Holiday Inn 388-2416 638 50 - 75 1988 Irish-Themed Casino, McDonald's with Atrium, Ice Cream Pub, Recently Remodeled 301 Fremont St. , LV 89101 36 Flamingo Hilton - Reno 322-1111 604 38- 159 1978 Rooftop Restaurant, Japanese Steakhouse, Room Service & Coffee Shop, Airport Shut 255 N. Sierra St. , Reno 89501 tle, Show, Lounge Entertainment 37 Atlantis Casino Resort 825-4400 591 49- 175 1971 Cascading Waterfalls & Tropically-Themed, 5 Restaurants, Entertainment, 3800 S. Virginia St., Reno 89502 Over 100 Video & Arcade Games 38 Alexis Park Resort 796-3 313 500 99- 350 1984 Non-Gaming Resort, Meeting Facility, Restaurant, Bistro with Entertainment, 375 E. Harmon Ave. , LV 89109 3 Pools & Jacuzzis, Health Club 39 Showboat Hotel/Casino & Bowling Ctr. 385-9 123 453 89 - 195 1954 4 Restaurants, 106-Lane Bowling Center, 80-Space RV Park, Airport Shuttle, Lounge 2800 Fremont Street, LV 89104 Entertainment 40 Las Vegas Club Hotel & Casino 385-1664 415 36 - 125 1961 Sports-Themed, 4 Restaurants, Sports Bar, Meeting & Banquet Facility Mel Exber & 18 E. Fremont, LV 89101 Gaughan 41 Continental Hotel & Casino 737-5555 370 35 - 110 1980 Pool, First-Run Pay Movies, 1950s Theme, Safes in Room, Sh uttle to Strip & Airport Hotel Coin&""'il 4100 Paradise Rd ., LV 89109 42 Binion's Horseshoe Hotel & Casino 382-1600 366 30- 110 1950 4 Restaurants, Deli/ Snack Bars, Pool Jack Binion 128 Fremont, LV 89101 43 Fitzgeralds Casino & Hotel - Reno 785-3300 351 18- 250 1985 3 Restaurants, Nightly Entertainment, Museum Fitzgeralds P.O. Box 40130, Reno 89504 Corporatior 44 Hard Rock Hotel & Casino 693-5000 340 75- 250 1995 2 Restaurants, Beach Club, Athletic Club & Spa, Concert Venue, Retail Store Peter Morl!Y 4455 Paradise Rd. , LV 89109 60 :'levada Business Journal • November 1997 TopRankiNevada STATEWIDE BOOK OF LISTS Hotels and Resorts c ont. Ranked by Total Rooms (minimum 1no l'ooms> ~ HOTEL PHONE TOTAL RooM YEAR "' ADDRESS ROOMS RATES foUNDED SPEOAL AMENmEs OWNER(s) 45 Vacation Village Hotel & Casino 697-1700 315 50- 150 1990 2 Restaurants, Gift Shop, Beauty Salon/Barber, Group Specials, CEH Corporation 6711 Las Vegas Blvd S., LV 89119 Meeting & Banquet Rooms 46 Best Western Mardi Gras Inn 731-2020 314 40 - 199 1976 Oversized Rooms with Refrigerators, Restaurant & Lounge, Meeting & Banquet Peter Jaramillo 3500 Paradise Rd. , LV 89109 Facility, Pool & Spa, Airport & Strip Shuttle 47 Golden Nugget - Laughlin 298-7111 304 21- 120 1968 Pool & Spa, Rainforest Atrium, Candy & Ice Cream Shops, River View Rooms, Gift Mirage Resorts Inc. 2300 S. Casino Dr., Laughlin 8902B Emporium, 3 Restaurants & Lounge 48 Nevada Landing Hotel & Casino 387-5000 303 25- 80 1989 4 Restaurants, Pool & Jacuzzi, Gift Shop, Nickel Arcade DND P.O. Box 19278, Jean 89019 49 Boulder Station Hotel & Casino 432-7760 300 49- 99 1994 12 Restaurants, 11 Movie Theaters, Child Care, Gift Shop, Pool, Shuttle to the Strip Station Casinos Inc. 4111 Boulder Hwy, LV B9121 49 Hilton Grand Vacations Club 697-2923 300 89- 299 1995 All Su ites, Non-Gaming Resort, Jacuzzi Tubs in Su ites, Walking Distance to the Strip, Hilton Hotels Corpora 3575 Las Vegas Blvd S., LV 89109 Health Club & Spa, 5 Pools tion 49 King 8 Hotel & Casino 736-8988 300 35- 175 1974 Restaurant, Lounge with Entertainment, Pool & Jacuzzi Starwood Lodging 8787 Tropicana Blvd, LV 89103 49 Sunrise Resort & RV Park 434-0848 300 46- 95 1991 Shuttle Service, Pool & Jacuzzi, Guest Laundry, Deli, Kitchenettes M & M Development 4575 Boulder Strip Hwy. , LV 89121 49 Sunrise Suites 434-0848 300 40- 85 1991 Shuttle Service, Pool, Jacuzzi & Spa, Guest Laundry, BBQ Area, One-Bedroom Suites Michael Mona 4575 Boulder Hwy, LV 89121 with Kitchenettes 54 Super 8 Motel 794-0888 290 33- 110 DND Pool & Jacuzzi, Airport Shuttle Montana Investments 4250 Koval Ln., LV 89109 55 Western Village Inn & Casino 331-1069 276 19- 50 1970 Cable, Pool, 3 Restaurants Bill Paganetti 815 Nichols Blvd., Sparks 89432 56 Airport Plaza Hotel 348-6370 270 65- 300 1982 Airport Shuttle, Across From Reno/ Tahoe Airport, Fireplace Suites, Pool, Western Hospitality 1981 Terminal Way, Reno 89502 9-Hole Putting Green, Health Club Group 57 Arizona Charlie's Hotel & Casino 258-5114 258 38- 65 1988 Pool & Jacuzzi, Convention & Banquet Facilities, Shuttle to the Strip, 5 Restaurants Bruce Becker 740 S. Decatur Blvd., LV B9107 58 La Quinta Inn 796-9000 228 75- 300 1982 Non-Gaming Resort, Airport & Strip Shuttle, Whirlpool Tubs in Suites, Pool & Spa, La Quinta Inns Corpo 3970 Paradise Rd., LV 89109 Conference Rooms ration 59 Blair House Suites 792-2222 224 45- 225 1990 Full Kitchens, Meeting Facility, Pool & Spa DND 344 E. Desert Inn Rd., LV 89109 60 Best Western McCarran House 358-6900 220 49- 150 1973 Truck Parking, Banquet Facilities, Restaurant, Lounge Ki"Hong Kim 55 E. Nugget Ave. , Sparks 89431 61 Barbary Coast Hotel & Casino 737-7111 216 49- 109 1979 2 Restaurants Coast Hotels & 3595 Las Vegas Blvd S., LV 89109 Casino, Inc. 62 Rancho Mesquite Casino & Holiday Inn 346-4600 215 50- 200 1996 Spa Suites, Exercise Facility, Pool & Spa Ted & Don+H71 s Lee P.O. Box 1808, Mesquite 89024 63 Nevada Palace Hotel & Casino 458-8810 210 35- 100 1979 RV Park- 160 Spaces, Meeting Room, Catering Renata Schiff & 5255 Boulder Hwy, LV 89122 William Wortman 64 Crowne Plaza 369-4400 201 125 - 185 DND Executive Level, Restaurant & Bar, Meeting Facilities. Shuttle, Concierge Prime Hospitality 4255 S. Paradise Rd. , LV 89109 65 Downtowner 384-1441 200 25- 60 1971 Pool, Breakfast, VCRs, Refrigerators Ada Cohen 129 N. 8th St., LV 89101 65 Santa Fe Hotel & Casino 658-4900 200 49- 99 1991 Ice Arena, Bowling Center, Golf Packages, Steakhouse Lowden 4949 N. Rancho Dr. , LV 89130 65 Texas Station Gambling Hall & Hotel 631-1000 200 39- 59 1955 Safes, Refrigerators Station Casinos 2101 Texas Star Lane, LV 89030 68 Debbie Reynolds Hotel 734-0711 192 59- 129 1994 Entertainment, Museum Debbie Reynolds 305 Convention Center Dr., LV B9109 69 Barcelona Hotel & Casino 644-6300 177 30- 75 1987 Kitchenettes, Color TV, Pool & Spa, Refrigerators Jewel L. Dixon 5011 E. Craig Rd. , LV 89115 70 Bourbon Street Hotel 732-7200 166 39- 89 1984 Pay-Per-View Movies, Suites with Jacuzzi Baths, Meeting Facility, Gift Shop Tarsadia Hotels 120 E. Flamingo Rd., LV 89109 71 Center Strip Inn 739-6066 156 30 DND TV, VCR, Refrigerator Robert Cohen 3688 Las Vegas Blvd. S., LV 89109 72 The Carriage House 798-1020 154 79- 345 1983 Condominiums with Kitchens, Romantic Rooftop Restaurant & Lounge, Airport DND 105 E. Harmon Ave., LV 89109 Shuttle, Pool & Spa, Tenn is Courts 72 Crest Inn 382-5642 154 25 DND Cable, Refrigerator in Room Robert Cohen 207 N. 6th Street, LV 89101 74 Emerald Springs-Holiday 732-9100 150 69- 199 1991 Refrigerator, Limo to Airport, Pool & Jacuzzi, Restaurant, Lounge, Poolside Dining, Emerald Springs, Ltd. 325 E. Flamingo Rd., LV 89109 Meeti ng Rooms. 74 Meadows Inn 456-5600 150 25 - 55 1985 Minutes from Fremont Experience & Convention Center, Secure Covered Parking, Robert E. O'Connell 525 E. Bonanza, LV 89101 76 Courtyard 791-3600 149 79- 129 1989 Spacious Rooms, Cable with HBO, Restaurant, Whirlpool & Spa, Exercise Room Marriott 3275 Paradise Rd ., LV 89109 76 St. Tropez All Suite Hotel 369-5400 149 89 - 285 1986 Non-Gaming Hotel, Refrigerators, In-Room Safe Prime Hospitality 455 E. Harmon Ave., LV 89109 78 Inns at McCarran-Howard Johnson 798-2777 144 45 - 135 1977 Pool , Airport & Strip Shuttle, Deli & Convenience Store, Lounge, Cable, Laundry Amerimar Corporation 5100 Paradise Rd ., LV 89119 Facilities 79 South Strip Travelodge 736-3443 128 39- 175 DND Cable with HBO, Pool DND 3537 Las Vegas S., LV 89109 80 Days Inn Cheyenne 399-3297 127 49- 120 DND Pool Shawn Scott 3227 Civic Center Dr. , LV 89030 81 Vagabond Inn 735-5102 126 44- 125 DND Pool, Airport Shuttle Vagabond Inn 3265 Las Vegas Blvd. S., LV 89109 82 Super 8 Boulder City 294-8888 114 40 - 110 1986 Kitchenettes, Electronic Security Locks, Pool & Spa, Meeting & Conference Rooms, M &A, L.L.C. 704 Nevada Hwy., Boulder City 89005 Cable 83 Golden Gate Hotel & Casino 385-1906 106 30- 90 1906 Valet Parking, Restaurant & Deli, Entertainment, Bed & Breakfast Mark Brandenburg 1 Fremont St. , LV 89101 83 Comfort Inn South 736-3600 106 48 - 80 1988 Remote Cable/ Pay Per View, Pool DND 5075 Koval Lane , LV 89119 85 Algiers Hotel 735-3311 105 35 - 150 1953 Pool, Restaurant DND 2845 Las Vegas Blvd S., LV 89107 86 King Albert Motel 732-1555 104 39- 59 1972 Kitchenettes, Cable, Weekly-Monthly Rates , Pool King Albert Inc. 165-185 Albert Avenue, LV 89109 87 Las Vegas Strip Travelodge 735-4222 100 39- 175 DND Cable, Pool DND 2830 Las Vegas Blvd S. , LV 89109 DND =Did not disclose ·caesars Palace room total as of 12/ 19/97 when new tower opens ~ LISTS ~ Note: The above information was supplied by representatives of the listed companies in response to faxed survey forms. Companies not appearing did not respond. To the best of our knowledge. the information is accurate as of press time. BDDK OF Ult.U VVhile every effort is made to ensure accuracy and thoroughness, errors and omissions do occur. Send corrections or additions on company letter11ead to TopRank Nevada Statewide Book of lists, Research Dept. 2127 Paradise Rd.. LV. NV 89104. November 1997 • Nel'ada Business)oumal 61 TopRankiNevada STATEWIDE BOOK OF LISTS Preferred Provider Organizations Ranked by Current Nevada Enrollment PREFERRED PROVI DE R O RGANIZATION PHONE (S) AfAUATES z~ ADDR ESS(ES) NEVADA ToTAL YEAR < "' E·MAI L I WEBSITE ENR OL LM ENT ENROLLMENT PHYSIOANS HOSPITALS FOUN DED HEADQUARTERS Managed Care Consultants, Inc. 792-2994 130,000 135,000 2,402 26 1988 Las Vegas, NV Joe Lawrence 4160 S. Pecos Road ,. Las Vegas 89121 2 Mediversal, Inc. 248-2542 70,000 80,000 2,000 14 1995 Las Vegas, NV Kaner J. Bills 6142 W. Sahara Avenue, Las Vegas 89102 3 Universal Health Network 55,202 70.459 2.339 122 1981 King of Prussia, PA Robert W. 2345 E. Prater Way, Sparks 89434 356-1181 1635 Village Center Circle, Las Vegas 89134 360-9044 4 Nevada Preferred Professionals 384-3366 50,000 DND 1,200 7 1984 Las Vegas, NV Lynn Dryer 2200 S. Rancho Drive, Suite 210, Las Vegas 89102 5 Mutual of Omaha Insurance Company 260-0777 37,500 DND 1,900 15 1991 DND DND 770 E. Warms Springs Road, Suite 340, Las Vegas 89119 6 Sierra Health & Life Insurance Co. , Inc. 242-7156 29,245 87,874 1,982 31 1986 Las Vegas, NV 2720 N. Tenaya Way, Las Vegas 89128 7 Humana, Inc. 341 -6711 25,977 5,900,000 935 11 1984 Louisville, KY Robert C. Horrar 9900 Covington Cross Drive, Las Vegas 89134 8 Hometown Health 325-3093 13,034 94,000 807 16 1988 Reno, NV Ed Holme 240 S. Rock Blvd ., Suite 123, Reno 89502 [email protected] 9 Ami! International of Nevada 221 -1000 8,362 1,300,000 1,020 8 1994 Las Vegas, NV Terry Van Nay 1050 E. Flamingo, Suite E-120, Las Vegas 89119 N/A Blue Cross I Blue Shield of Nevada 228-2583 DND 144,000 2,500 20 1970 Reno, NV Blair Christensen 6900 Westcliff Drive, Suite 600, Las Vegas 89128 N/A Pacificare of Nevada I Pacificare Life Assurance Co. 269-2631 DND DND DND DND 1992 Las Vegas, NV David Kinard 700 E. Warm Springs Road, Las Vegas 89119 J DND ; Did not disclose BOOKm:]LISTS II:Ii3 Note: The above information was supplied by representatives of the listed companies in r~se to faxed survey forms. Companies not appearing did not respond. To the best of our knowledge, the information is accurate as of press li~ OF While every effort is made to ensure accuracy and thoroughness, errors and omissions do occur. Send corrections or additions on company letterhead to TopRank Nevada Statewide Book of Usts. Research Dept, 2127 Paradise Rd ., LV, NV 89104 Nevada Medical Center-Mountain View Announces The Grand Opening Of Its New Office Micheal Gunter, MD Family Practice/Sports Medicine John C. Rhodes, MD Family Practice Titnothy Stolar, DO Family Practice 3150 N. Tenaya Way Hours: Suite 360 Monday-Friday Las Vegas, NV 89128 8:00 a.m.-6:00p.m. (702) 242-1700 Saturday 8:00a.m. -1:00 p.m. NEVADA MEDICAL CENTER-MOUNTAINVIEW An affiliate ofMEDPARTNERS. 62 ;\e\'ada Business journal • November 1997 TopRankiNevada STATEWIDE BOOK OF LISTS Home Healthcare Providers SENIOR NV ExECunvE HOME HEALTHCARE PROVIDER PH ONE (S) No. AODRESS(ES) EMPLOYEES OWNERSHIP YEAR EST. IN NEVADA Home Health Services of Nevada 738-7178 224 Non-profit, • • • • • • • • Roberta Skelton, RN P. 0. Box 1359, Elko B9803 Private 1962 The Network Alliance of Nevada 828-1010 200 Profit, Pri- • • • • • • • • • • • Orthotic/ Prosthetics, Mobile Joni Moss 4920 S. Virginia St. , Reno 89502 vale Diagnostics, Statewide 1996 2 Interim Healthcare 369-5533 200 Profit • • • • • • • • • DND 4055 S. Spencer Avenue, Ste. 116, LV 89119 1985 4 LV Nursing Bureau 454-5235 180 Private • • • • • • • • • • DND 3300 E. Flamingo Ste. 21 , LV 89121 1994 5 Home Care Plus I Health Care Specialties 828-1000 125 Private • • • • • • • • • • • Mental Health, Case Richard D. Hodges , 1698 Meadow Wood Ln., Ste. 200, Reno 89502 Management, Nutrition Ser 1990 3208 Goni, Ste. 182, Carson City 89706 vices 2110 E. Flamingo Rd. Ste. 325A, LV 89119 5 Southern Nevada Home Nursing 125 Profit, Pri- • • • • • • • • Judy Carnahan, RN 6885 West Charleston Blvd., LV 89117 228-0854 vale 1992 6887 West Charleston Blvd., LV 89117 228-0282 5 Option Care of Nevada 258-0011 125 Profit • Hospice, Respiratory Thera Ronald Memo, R.Ph. 3900 W. Charleston Blvd., Ste. Y, LV 89102 pists 1986 8 Nevada Regional Home Care Services 894-5555 102 Profit • Karen Thornton 4570 S. Eastern Ave., C-26, LV 89119 1995 9 MI/PRN Home Health Care Group 896-5759 85 Profit • William T. Soard 6233 S. Industrial Rd., Bldg. C, LV 89103 1984 10 Washoe Home Care 328-5860 80 Non-profit • Mary Ellen Wilkinson 1000 Ryland , Ste. 400, Reno 89502 1988 11 Lend -A-Hand, Senior Services 747-7285 75 Profit Attendtrit Care, Companion Tammy' Sisson 50 Washington St., Ste. 101, Reno 89502 1992 12 C.S.M. Home Health Services 733-9004 60 Non-profit • Charles Hall 1840 E. Sahara, Ste. 205, LV 89104 1996 12 All Care Home Health 222-0605 60 Profit • Patrick Reznak 2475 S. Jones Blvd. , Ste. 7, LV 89102 1996 14 Pulse Home Health Services 399-3555 55 Profit • Terry Allen 1905 McDaniel, Ste. 206, LV 89030 1984 15 Vista Care 734-0307 50 Profit Hospice, Palliative Care Richard Fitzpatrick 1830 E. Sahara Avenue, Ste. 102, LV 89104 1996 16 Pediatric Services of America Inc. 452 -2400 40 Profit Dawn Hanich RN 3320 Sunrise Ave ., Ste. 111 , LV 89101 1993 16 Vital Care Health Services Profit Oxygen Joni Moss 4920 S. Virginia St. , Reno 89502 829-2224 40 1988 330 S. Bridge Street, Winnemucca 89445 623-2168 18 Arlington Clinical Infusions 828-8200 35 Profit Rx, Deliveries, Specialty DND 6630 S. McCarran Bl vd., Ste. B-14, Reno 89509 Compounding, Statewide 1984 18 Total Home Care 796-1016 35 Profit, Respiration Therapy, Certi Bob Rackbam 3261 S. Highland Drive, Ste. 613, LV 89109 Public fied Fitters 1989 20 King Home Health Care 568-1176 30 Non-profit • Shirley King 309 W. Lake Mead Blvd., Ste. D, Henderson 89015 1996 20 Sun Valley Home Care 248-8810 30 Profit, Pri- • • • • • • • • Respiratory Equipment, Pri Whitney Self 3000 Rigel, LV 89102 vale vate Duty Nursing 1995 22 Resource Ph armaceutical 456-4229 25 Public • • • Harvey B. Riceberg, 5 Cactus Garden Dr., Bldg. B, Henderson 89014 R.Ph . FASCP / 1995 23 Attentive Home Health Care 733-8081 20 Profit • • • • • • • • • • • DND 1700 E. Desert Inn Road, Ste. 305, LV 89109 1993 24 Creekside Home Health Care 696-9229 19 Profit, Pri - • • • • • • Jonathan R. Monks 2080 E. Flamingo. Ste. 306, LV 89015 vale 1994 25 Horizon Hospice Care Inc. 361-6801 16 Profit • • • • • • • • • • Chaplain, Volunteer Mike Smith 2920 S. Rainbow Blvd. Ste. 140, LV 89102 1992 26 Casha Resource Home Health 828-0111 15 Private • • • • • • • • • DND 5401 Longley Lane, Ste. 18, Reno 89511 1996 27 Advanced Medical & Mobility 896-6291 10 Private • Massage Therapy, Sleep Sharon Macek RN S. Industrial, LV 89118 Studies, Pulmonary Testing 1991 N/ A Olsten Health Services 858-1900 DND Profit e e e e • • • • • • • Psychiatric RN , ET RN Bert Stander 4900 Mill St., Ste. 3, Reno 89502 DND DND ~ Did not disclose ~LISTS ~ Note: The above information was supplied by representatives of the listed companies in response to faxed survey forms. Compan ies not appearing did not respond. To the best of our knowledge, the information is accurate as of press time. BOOK OF 11.111;;;.[.1 VVhile every effort is made to ensure accuracy and thoroughness, erro~ and omissions do occur. Send corrections or additions on company letterhead to TopRank Nevada Statewide Book of Usts. Research Dept., 2127 Paradise Rd., LV, NV 89104. November 1997 • Nevada Busin ess journal 63 TopRankiNevada STATEWIDE BOOK OF LISTS Shopping Centers Ranked by Gross Leasable Square Footage GRoss Sa. FT. No. STORES SH OPPING CENTER LEASING COMPANY "'z YR. BUILT OR PARKING "'"" LOCATION CITY LEASING AGENT lEASING PHONE RENOVATED SPACES ANCHOR STORES Boulevard Mall Las Vegas MEPC American Properties 972-980-5000 1,250,000 146 Dillard's, Macy's JC Penney, Sears 3528 Maryland Pkwy Joel Blaisdell 1967 5,825 2 Meadows Mall Las Vegas Ere Yarmouth 31 0· 378-8781 950,000 140 Dillard's, Macy's, JC Penney, Sears 4300 Meadows Lane Bob Dishier 1995 5,000 3 Galleria at Sunset Henderson Forest City Management 213-488-0010 900,000 120 Dillard's, JC Penney, Robinson's-May, 1300 E. Sunset Road Gail Enderwood 1996 5,500 Mervyn's 3 Meadowood Mall Reno Taubman Company 415-742-1103 900,000 100 Macy's, JC Penney, Sears S. McCarran & S. Virginia Christopher Bruck DND 5,000 5 Fashion Show Mall Las Vegas TrizecHahn Centers I Rouse Co. 369-0704 840,000 138 Dillard's Saks Fifth Avenue, Nieman Marcus, 3200 Las Vegas Blvd. South Wendy Garrison 1981 4,000 Robinson's-May, Macy's 6 Belz Factory Outlet Las Vegas Be lz En terprises 896·5599 650,000 150 Saks Off-Fifth, Nike, Levis, Reebok, Spiegel, 7400 Las Vegas Blvd. South DND 1993 DND Royal Daulton, Wolf Camera 7 Trof.icana Centre Las Vegas Stuart Mixer Commercial 735-5700 605,000 35 Wal·Mart, Sam's Club, Office Depot 33 5 E. Tropicana Ave Gregory Pica I Scot Marker 1991 3,960 8 The Forum Shops at Caesar's Las Vegas Simon DeBartolo Group 317-636-1600 526,000 105 NI A 3500 Las Vegas Blvd., South Gary Lewis 1997 DND 9 Sahara Pavilions Las Vegas Pan Pacific Retail Properties 258-4330 494,361 88 Vans, Longs, Sports Authority 4760 W. Sahara Steven Erhard 1990 DND 10 Best in the West Las Vegas Realty Holdings Group 384-4488 470,000 25 Best Buy, Home Place, Copeland Sports Rainbow & Lake Mead Blvd. Keith W. Bassett 1996 DND 11 Cheyenne Commons Las Vegas Pan Pacific Retail Properties 258-4330 362,758 44 Wai-Mart, Jumbo Sports, Ross, Family Fit- Rainbow & Cheyenne Steven Erhard 1992 DND ness 12 Airport S~uare Reno CB Commercial R.E. Group, Inc. 829-5999 295,626 32 Auto Depot, Petsmart, Office Depot 1280 E. P umb Lane Kelly Bland DND DND 13 Lorna Vista Center Las Vegas Fang & Associates 646-5711 275,000 17 Mervyn's, Sav-On, Toys 'R Us 4530, 4620, 4640 Meadows Lane Ken Fang, CPM 1978 DND 14 Iron Horse Sparks Flemin~ Properties 673-5500 238,818 29 Albertson's, Target, Party Universe N. McCarran Blvd. & E. Prater Way Glenn lton 1975 DND 15 Kietzke Shopping Center Reno Grubb & Ellis I NV Commercial Grp. 786-6622 230,000 15 Mervyn's, Target Kietzke Lane & Moana Lane Rick Lamay 1980 1,260 16 Factory Stores of America Las Vegas F.A.C. Realty Trust, Inc. 897-9090 229,958 50 London Fog, Mikasa, Corning Revere, Just 9155 Las Vegas Blvd. South Ginny Perkins 1992 DND Above Plus, Converse, Westpoint Stephens 17 Rainbow Promenade Las Vegas Pan Pacific Retail Properties 258-4330 229,000 27 United Artists, Linens & Things, Barnes & Lake Mead & Rainbow Steven Erhard 1996 DND Noble 18 Park Place Shoppinf, Center Las Vegas Realty Holdings Group 384-4488 225,000 20 bl\ervyn's, Vans, Service Merchitndise Maryland Pkwy & wain Keith W. Bassett 1979 DND 19 Nellis Crossing Las Vegas Stuart Mixer Commercial 735-5700 220,900 22 Target, Mervyn's 1200 S. Nellis Blvd. Gregory Pica I Scot Marker DND 1,100 20 Best on the Boulevard Las Vegas Realty Holdings Group 384-4488 206,000 7 Best Buy, Home Place, Copeland Sports 3850 S. Maryland Pkwy Keith W. Bassett 1994 DND 21 Baring Village ShopC!in£ Center Sparks Commercial Property Services 825-2226 203,000 40 Smith's 1201-1297 Baring lv . Sheila Colfer 1987 DND 22 Decatur Crossin~ Las Vegas Stuart Mixer Commercial 735-5700 201,282 21 Target, Marshall's 234 S. Decatur lvd. Gregory Pica I Scot Marker DND 1,005 23 Silver State Plaza Sparks Grubb & Ellis I NV Commercial Grp. 786-6622 188,353 42 Mervyn's, Safeway, Sav-On McCarran Blvd. Roxanne Stevenson 1976 1,041 24 Ridgeview Plaza Reno Grubb & Ellis I NV Commercial Grp. 786-6622 186,911 20 Safeway, Shapka, Major Video Maeanne & McCarran Blvd. Roxanne Stevenson 1989 1,564 25 Sunrise Marketplace Las Vegas Stuart Mixer Commercial 735-5700 176,756 25 Smith's 420 North Nell1s Blvd. Gregory Pica I Scot Marker DND 968 26 Paradise Plaza Sparks RPL Group 825-4000 163,911 28 K-Mart 2125 Oddie Blvd. Chris Waizmann DND 960 27 Crossroads at Sunset Las Vegas Thomas & Mack Company NI A 163,811 13 Sports Authority, Toys R' Us, Border's Books 1405 W. Sunset Road NIA 1995 787 & Music 28 M~land Crossin¥, Las Vegas Stuart Mixer Commercial 735-5700 163,050 25 Target 4 South Mary and Pkwy Gregory Pica I Scot Marker DND 897 29 Pebble MarketPlace Henderson American Nevada Corporation 458-8855 160,000 20 Smith's, Starbuck's, Bank of America 1000 N. Green Valley Pkwy David Grant 1997 950 29 Warm Springs Marketplace Las Vegas Premier Properties of Las Vegas 431-2110 160,000 25 Lucky, Sav-On, Sears 7271 S. Eastern Brandt W. Boatwright 1996 1,000 29 Camino AI Norte Gateway Plaza N. Las Vegas Premier Properties of Las Vegas 431-2110 140,500 17 Lucky, Sav-On, McDonald's Craig Road & Camino AI Norte Brandt W. Boatwright 1997 834 32 Vegas Valle~ Plaza Las Vegas Premier Properties of Las Vegas 431-2110 135,000 23 Lucky, Sav-On 2775 S. Ne lis Blvd. Brandt W. Boatwright 1992 739 33 South Shores Center Las Vegas Fang & Associates 646-5711 132,700 23 Albertson's, PayLess Drugs, U.S. Bank 8502-8584 W. Lake Mead Blvd. Ken Fang, CPM 1991 DND 34 Green Valley Town & Country Henderson Pan Pacific Retail Properties 258-4330 132,000 36 Lucky Superstore, Euphoria Day Spa Green Valley Pkwy & Sunset Steven Erhard 1994 DND 35 Winterwood Pavilion Las Vegas Pan Pacific Retail Properties 258-4330 128,000 21 Vons, Helig-Meyers Sahara & Nellis Steven Erhard 1992 DND 36 Green Valley Town Center Phase II Henderson American Nevada Corporation 458-8855 120,000 15 United Artist's Theatre, Petco, Barley's Casi- 4500 E. Sunset Road David Grant 1995 1,000 no & Brewing Co. 37 K-Mart Plaza Reno Grubb & Ellis I NV Commercial Grp. 786-6622 118,800 2 K-Mart, Fabric Land Peckham Lane & Kietzke Lane Roxanne Stevenson I Mark Krueger 1974 DND 38 Eagle Station Carson City RPL Group 825-4000 114,258 29 Raley's, Mervyn's US Hwy 795 & Koontz Lane Chris Waizmann DND DND 39 Greenbrae East Sparks Flemin~ Properties 673-5500 111,659 20 Ben Franklin, New Greenbrae Cinema, Pyramid & Greenbrae Glenn lton DND DND Shely's Hardware 40 Lake Mead Marketplace Las Vegas Transwestern Proeerty Company 731-1551 110,000 19 Lucky, Sav-On W. Lake Mead & Jones Renee Ryan-Thrailkill 1995 490 41 Ca~hlin Ranch Reno RPL Group 825-4000 107,596 26 Scolari's Me arran Blvd. & Caughlin Pkwy Chris Waizmann 1992 DND 42 North Hills Reno RPL Group 825-4000 103,702 20 Raley's US Hwy 395 Chris Waizmann DND DND 43 Mira Lama Reno RPL Group 825-4000 94,026 21 Scolari's, Longs McCarran Blvd. & Mira Lama Chris Waizmann 1988 DND 44 North Reno Plaza Reno Grubb & Ellis I NV Commercial Grp. 786-6622 92,000 11 Sak 'N Save Silverado & Oddie Blvd. Rick Lamay 1996 500 45 Tro~cana Lucky Centre Las Vegas Premier Properties of Las Vegas 431-2110 92,000 9 Lucky, Sav-On W. ropicana & Jones Brandt W. Boatwright 1997 454 46 Gold 's Plaza Las Vegas Cambridge Group, Ltd. 795-7900 90,796 23 Gold's Gym, Norwest Bank, Hancock Fabrics 3726-3790 E. Flamingo Road John Lomeo 1979 454 64 Nevada Business journal • November 1997 TopRankiNevada STATEW I DE BOOK OF LISTS Shopping Centers cont . Ranked by Gross Leasable Square Footage GRoss Sa. FT. No. STORES "' SHOPPING CE NTER LEASING COMPANY YR. BUILT OR PARKING ~ LOCATION CITY LEASING AGENT LEASING PHONE RE NOVATED SPACES A NCHOR STORES 47 Green Valley Plaza American Nevada Corporation 458-8855 90,000 32 Trader Joe's, Blockbuster, Bank of America 2700 N. Green Valley Pkwy Henderson David Grant 1979 500 48 Villafce Shopping Center Gaston & Wilkerson Mgmt Grp. 828-1911 81.428 21 Longs, Godfathers Pizza Cali ornia & Booth Reno Ken Mattison 1979 650 49 Southwest Pavilion Grubb & Ellis I NV Commercial Grp. 786-6622 76,100 17 Scolari's, Talbot's S. Virginia Street & Patriot Blvd. Reno Roxanne Stevenson 1986 DND 50 Rainbow Center Stuart M ixer Commercial 735-5700 60,000 11 Lucky 4800 Spring Mountain Road Las Vegas Gregory Pica I Scot Marker DND 300 51 Westridge Corners Grubb & Ellis I NV Commercial Grp. 786-6622 44,652 15 NIA 2005 Sierra Highlands Drive Reno Rick Lamay 1990 DND 52 Moana West Annex Commercial Property Services 825-2226 43,000 21 Josef's Vienna Bakery 901-971 W. Moana Reno Sheila Colfer 1992 135 53 Lakeridge Pointe Commercial Property Services 825-2226 35.000 25 Maloney's Market 6135-6147 Lakeside Drive Reno Sheila Colfer 1988 DND 54 Double Diamond Shopping Center L. Lance Gilman Commercial R.E. 852-4700 28,940 DND DND South Meadows Pkwy & US 395 Ren o Chris Martin 1998 DND 55 Sahara Retail Center Stuart Mixer Commercial 735-5700 25,514 8 Holy Cow Brewery 2407 Las Vegas Blvd. South Las Vegas Gregory Pica I Scot Marker DND DND 56 Janita Plaza Cambridge Group, Ltd. 795-7900 24,985 16 Simmons Beautyrest, Subway 3620-3654 E. Flamingo Road Las Vegas John Lomeo 1985 168 57 Stead Plaza Grubb & Ellis I NV Commercial Grp. 786-6622 21 ,000 14 NI A 10555 Stead Blvd. Reno Rick Lamay 1989 DND 58 The Parking Gallery Flem in~ Properties 673-5500 21 ,000 5 Jones New York, Adolfo, Carol Little 1st & Sierra Street Reno Glenn lton DND DND 59 Plumb Lane Plaza Commercial Property Services 825-2226 20,000 14 Petticone Junction 465-499 E. Plumb Lane Reno Sheila Colfer 1985 DND 60 Arlington Gardens M all Gaston & Wilkerson Mgmt Grp. 828·1911 16,500 11 Arlington Nursery, Country Garden Restau- 606 W. Plumb Lane Reno Debbie Smith 1995 71 rant 61 Panda Crossing Grubb & Ellis I NV Commercial Grp. 786-6622 16,000 10 NIA 1999 S. Virginta Street Reno Rick Lamay 1997 DND 62 El Cha~arral Shopping Center Grubb & Ellis I NV Commercial Grp. 786-6622 12,672 11 NI A Su tro treet & Wedenkind Road Reno John Pinjuv I Roxanne Stevenson 1989 66 63 Silver State Center Gaston & Wilkerson Mgmt Grp. 828-1911 11,506 6 NIA 10603 Stead Blvd . Reno Ken Mattison 1980 88 N/A Yerinfeon Plaza Grubb & Ellis I NV Commercial Grp. 786-6622 DND DND .Scolari's Gold 1eld Avenue & US Alt. 395 Yerington Rick Lamay 1995 DND DND ~ Did not disclose BDOK~LISTS m Note: The above infonnation was supplied by representatives of the listed companies in response to faxed survey forms. Companies oot appearing did not respond. To the best of our knowledge. the information is accurate as of press time. OF While f!'Jery effort is made to ensure accuracy aocl thoroughness, errors and omissions do occur. send corrections or additions on company letterhead to TopRank Nevada Statewide Book of lists, Research Dept., 2127 Paradise Rd., LV. NV 89104. FREE 1-hour E~ecutive Briefing for Presidents, Owners, CEOs, Principals $ Do Your Salespeople fail to close prospects ... and you're not sure why? $ Do your traditional sales practices turn you into an unpaid consultant? $Do your proposals end up in the hands of competitors? $ Do you give presentations before your prospect makes a commitment? $ Do any of your reps look good on paper . . . but don't w ork out? $ Do prospects often not reveal their "real" buying motives? $ Do you feel uncomfortable in selling situations because you don't want to look like a salesperson? S Are your sales efforst resulting in too many "Think It Overs"? S Are you having to cut prices to close more sales? If you answered "Yes" to any of the above, you may be a candidate for our Presidents' Club. "Break the Rules • • • and Close More Sales!'' Presented by: Mark Bartholomew, Principal Sandler Sales Institute November 1997 • Nevada Business journal 65 TopRankiNevada STATEWIDE BOOK OF LISTS Small Business Administration Lenders Ranked by Total Amount of Loans Approved in Nevada (1 0/1/98 - 9/30/97) LEN DE R PHONE(S} ~ Aoo RESs(Es} TOTAL LOANS LOANS TO W OMEN/MINORffiES LOAN TYPE ~ E·MAIL I WEBSlTE AMOUNT NUMBE R NUMB ER AM OUNT 7(A}' 504" (ONTACT(s} Nevada State Development Corporation 323-3625 $14,808,696 54 26 $10,708,696 • Bobbi Bennett 350 S. Center Street, Suite 310, Reno 89501 2 Bank of America Federal Savings Bank 9,342,620 38 13 3,592 .000 Tony Fahr I Gino Martini PO Box 98600, Las Vegas 89193 654-6871 401 S. Virginia Street, Reno 89501 688-8510 3 AT & T Capital Corporation 221-1925 8,772.415 23 5 1,805,000 Richard Freeman 500 N. Rainbow. Suite 300, Las Vegas 89107 4 Bank of Commerce 8,205,980 21 3 667,500 1575 Delucchi Lane, Suite 116B, Reno 89502 800-693-2661 4055 S. Spencer St. , Suite 236, Las Vegas 89121 732-7655 5 Sierra West Bank 916-582-3875 6,558,500 19 7 2,424,000 Dave Mclean PO Box BD, Truckee, CA 96160 6 Goleta National Bank 870-0870 5,346,000 9 4 1,970,000 Margaret Kru glov 5636 W. Charleston Blvd., Suite A. Las Vegas 89102 7 The Money Store Investment Corp. 916-446-5000 4,848,000 9 4 2,134,000 Lawrence Wodarski 3301 C Street, Suite 100M, Sacramento, CA 95816 8 First Security Bank of Nevada 362-7222 4,587,000 28 14 2,586,000 Cheryl Moss 4425 Spring Mountain Road, Las Vegas 89102 9 New Ventures Capital Development Co. 382-5922 4,572,000 12 10 3,854,000 Ernest Fountain 626 S. Ninth Street, Las Vegas 89101 10 Southern Nevada Certified Development Co. 732-3998 4,133,000 13 6 1.484.000 Thomas Guthrie 2770 Maryland Pkwy. Suite 212, Las Vegas 89109 11 Kirkwood Bank & Trust Company 228-0941 3,015,000 9 2 800,000 Dennis Degree 6900 Westcliff Drive, Suite 702, Las Vegas 89128 12 Nevada State Ban k 689-1202 2,922,600 13 3 238,500 Stan Wilmoth 294 E. Moana Lane, Reno 89502 13 Pioneer Citizen's Bank 734-5711 2,774,000 12 9 2,287,000 Sandra Umeno PO Box 19260, Las Vegas 89132 14 Imperial Bank 602-553-1062 2,592,000 4 3 2.427,000 Garry Barnes 2390 E. Camelback Rd. , Ste. 300, Phoenix, A2 85016 15 Las Vegas Business Bank 794-0070 2.403,750 15 7 1,004,250 Alfred Alvarez 3885 S. Maryland Pkwy. Las Vegas 89119 16 Silver State Bank 433-8300 2,143,000 4 4 2,143,000 Calvin D. Regan 691 N. Valle Verde Drive, Henderson 89014 17 Heller First Capital 1,863,830 4 280,000 DND DND DND 18 Bankwest of Nevada 248-4200 1.402,000 11 3 525,000 Jack Wallace 3500 W. Sahara Avenue, Las Vegas 89102 19 First Western SBLC, Inc. DND 1.400.000 1.400,000 DND DND 20 Norwest Bank 773,870 11 6 364,000 3300 W. Sahara, Las Vegas 89102 365-3861 PO Box 11070, Reno 89510 365-3861 21 U.S. Bank of Nevada 386-3616 549,887 5 4 449,887 Kenneth Ladd 2300 W. Sahara, Las Vegas 89012 22 Wells Fargo Bank. N.A. 520,000 8 4 335,000 PO Box 98588, Las Vegas 89193 791-6185 1 E. First St. , Reno 89501 334-5560 23 lnterwest National Bank 827-7252 285,000 2 2 285,000 Ken Achurra 4060 Kietzke Lane, Reno 89502 24 Zions First National Bank 801-524-4904 220,000 220,000 Kent Moon One South Main St. , 3rd Floor, Salt Lake City, UT 84111 25 Community Bank of Nevada 878-0700 200,000 200,000 Edward Jamison 1400 S. Rainbow Blvd., Las Vegas 89102 26 Comstock Bank 827-7444 180,000 0 0 William Waldren 901 Stewart Avenue, Carson City 89701 26 Stearns Bank DND 180,000 0 0 DND DND 27 Citibank 796-3098 150,000 150,000 Jake Fulkerson ~qno P ~r~rfic;;p Rn~rl . I ~c;; Vp~;::, R91()q 29 Mesquite State Bank 346-6600 130,000 2 0 0 Kenneth Sanders PO Box 2999, Mesquite 89024 30 Heritage Bank 348-1000 113,000 2 0 32,000 Mary Ganzel PO Box 11920, Reno 89502 31 Great Basin Bank 753-3800 82,000 0 Kathy Dutro PO Box 2808, Elko 89803 32 Commercial Ban k of Nevada 80,000 Maria C. Fernandez Commercial Capital Corporation 258-9990 2820 West Charleston Blvd ., Las Vegas 89102 33 Hawthorne Credit Union 945-2421 75,000 Jean Peterson PO Box 2288, Hawthorne 89415 34 Sun State Bank 60,000 0 John Dedolph I Lou Borreg.; 4240 W. Flamingo Road , LV 89121 364-2440 580 E. Plumb Lane, Reno 89502 823-2268 35 First National Bank - East Grand Forks 45,000 0 0 DND DND DND • DND = Did not disclose Source: U.S. Small Business Administiation, Las Vegas, NV • The SBA's primary business loan program. Under 7(A), Lhe SBA guarantees loans to small businesses Lhat cannot obl3.in financing on reasonable terms Lhrough oLher channels. • • Th e 504 program involves two loans - Lhe SBA debenture guaranty loan made Lhrough the development company and a loan made by a bank for an equal or larger amount ~LISTS ~ Note: The above information was supplied by representatives of the listed comp.anies in respon~ to faxed survey forms. Companies not appearing did not respond. To the best of our knowledge, the informat:ioo is acCIR!e BOOK OF llllt:.UI Wh il e every effort is made to ensure accuracy and thoroughness, errors and omissions do occur. Send conections or additions on company letterhead to TopRank Nevada Statewide Book of l ists. Research Depl, 2127 Paradist t 66 ~Business journal . November 1997 Finally, Flexible Dental Plans That Las Vegas Can Smile About. Let's face it. Dental coverage is a outstanding claims performance, and effective employee benefit that employees want. 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Because No matter what plan you choose, if you haven't brushed up on MetLife's MetLife's dental programs offer an ongoing flexible dental plans, it's time to arrange commitment to customer service, an appointment. GET MET. IT PAYS ~ MetLife " Dental • Disability • life • long Term Care • P&C* • Voluntary Products • Pensions • Investments • 401(k) 1 Based on the number of covered lives. Denial Eco nomi ~ May 1997 • Products unden Norwest Bank Nevada announced the worked for U.S. Ecology at the hazardous promotion of Nafeesa Sallee-Spencer to waste site in Beatty, where she was consumer banking manager for the bank's responsible for all control, layout and sub Nucleus Plaza and North Las Vegas loca sequent built-ins for the EPA She joined tions. Her responsibilities include over Southwest Engineering in 1994. he Associated Gen seeing the growth and personnel of both T eral Contractors of branches. Spencer has been with the bank Desert Springs Hospital has hired Southern Nevada has since 1995 and was most recently person Adrienne Fee as director of coordinated named Tony Illia as its al banker. Norwest also hired Gordon care, where she will be responsible for the new public relations Walsh as sales development manager. direction of the case management pro director where he will be Walsh has more than 20 years' experi gram. Prior to joining Desert Springs, she Tony IIlia managing editor for the ence and will be responsible for direct was the director of quality management at Construction Connection and responsible retail, commercial and trust activities. a Cleveland hospitaL Fee holds a bache for promoting construction growth in the lor's and a registered nurse's degree and is Las Vegas Valley. Prior to joining AGC, The account services department in the certified in nursing administration and lllia served as the general manager for Las Vegas offices of R&R Advertising managed care. Vosburg Equipment in Las Vegas. recently added an account supervisor, two account managers and an assistant Rose-Glenn Advertising Charles Verre has been named senior account manager. The company's new and Public Relations account administrator of the health and account supervisor, Carolyn Goering, recently named Neena benefits depat1ment at Layne and Associ was formerly a senior account executive Laxalt as government ates Insurance. Verre has an extensive with Grey Advertising in Los Angeles. affairs director. Laxalt, administrative and marketing background Lara Harris and Amy Helton are the the daughter of former which includes 15 years of workers com agency's new account managers. Harris Nevada Governor and pensation and medical management expe joined the agency from Kruse & Parker Neena Laxalt U.S. Senator Paul Laxalt, rience. He previously served as vice Advertising of Reno, and Helton was for has more than 15 years of legislative and president of sales and marketing for CDS merly with Sharp Advertising & Design in public policy experience. Most recently, of Nevada, a worker's compensation Las Vegas. R&R's new assistant account she served as the Northern Nevada gov third-pat1y claims company. manager, Catherine Guyot, was a public ernment and political consultant to relations account executive for Rogers & Mirage Resorts, Inc. of Las Vegas. James Bahan has been Cowan of Los Angeles prior to joining named to the board of R&R Advertising. The International Asso directors for Pioneer ciation of Convention Citizens Bank of Nevada. Peggy Pound has joined Pentacore and Visitors Bureaus Bahan is president of Engineering, Inc. as vice-president of (IACVB) recently hon Model Dairy, Inc. and is business development. Pound has more ored Terry Jicinsky, active in a number of than 15 years ' experience in the consult marketing research James Bahan Northern Nevada com ing engineering profession and serves as administrator for the munity organizations. the Southern Nevada director of the Las Vegas Convention Consulting Engineers Council of Nevada. Terry Jicinsky and Visitors Authority Rep. John Ensign (R-Nev.) announced (LVCVA), as its 1997 outstanding Jack Finn, a veteran reporter with Southwest Engineering professional staff member. Jicinsky, a KVBC-TV Channel 3 in Las Vegas, announced the promo five-year IACVB member, serves on its has joined his staff as the Congressman's tion of Jayne Leavitt to board and chairs the 1998 International new press secretary. Finn has been a gen manager of the survey Convention Income Survey, which mea eral assignment reporter for almost four department. Leavitt, a sures the economic contributions of the years with Channel 3 and has reported for registered land surveyor convention and meeting industry to desti stations in Texas and California. Prior to for the state of Nevada, nations around the world. With the his broadcasting career, Finn was the Jayne Leavirr began her apprenticeship LVCVA, Jicinsky oversees all research administrative assistant for a county in 1981 , working on the Tonopah Test projects pertaining to the convention and supervisor in Ventura County, Calif. Range and the Nevada Test Site. She also tourism industry in Las Vegas. 68 Nevada Business journal • November 1997 Cybersmart of Las Lawyers Title of Nevada has hired Russ Dyer has been named acting project Vegas announced recent Debbie Miller as senior escrow officer. manager for the U.S. Department of ly the appointment of The 13-year Las Vegas resident handles Energy's (DOE) Yucca Mountain Site Joe Vassallo as president all types of escrows, loans and transac Characterization Project (YMP). Dyer, of the firm which spe tions, including high liability, commercial who holds a doctorate in geology, as cializes in electrical and and land acquisitions. She is treasurer of sumes overall responsibility for the study electronic inter-connec- the Southern Nevada Escrow Association. of Yucca Mountain as a potential site for Joe Vassallo tion systems and compo- the nation's first spent fuel and high-levc; l nents. Vassallo is responsible for market Sprint recently announced the appoint radioactive waste repository. Dyer has ing and business development to builders ment of Dawn Merritt as community been with DOE for eight years and was and electrical contractors. He will also relations manager and Vince Alberta as formerly a deputy project manager. oversee the operational activities, installa public relations manager. Previously, tion of equipment and training programs. Merritt was a communications specialist Patrick Larson has at EG&G Energy Measurements and a joined Clark & Sullivan Frank Gootrad has joined Champion community relations manager for Bechtel Constructors, Las Vegas, Homes as vice president Nevada. Alberta was formerly employed as project superinten of sales. With more than by Nevada Power Company and the dent. With more than 25 22 years of experience, University of Nevada, Las Vegas. He has years of· construction Gootrad is responsible 16 years' experience in print and broad experience, Larson has for new home sales, new cast media and is the president-elect of Patrick l,p rson served as project super- homes closings and the the Public Relations Society of America, in ten dent on the remodel of the Las Vegas supervision and training Desert Sands Chapter of Las Vegas. Hilton, the completion of two elementary Fran k Gootrad of the sales department. schools and is currently supervising the Stanwell Mortgage recently announced Ernst F. Lied Ambulatory Care Clinic pro Mark Ghan has been named Solicitor the addition of Mike Montandon, mayor ject for Clark & Sullivan. General for the State of Nevada where of North Las Vegas, as vice president of he will oversee all litigation within the marketing. Montandon was formerly with The Grand Canyon Air office of the attorney general. He has Bank of America as a senior commercial Tour Council, an indus served as assistant solicitor general since real estate appraiser. try coalition of nine the office was created in 1993. For the Southern Nevada air tour past several years, the litigation division David Scoll has been operators that contribute of the attorney general's office has han named senior vice presi $250 million a year in dled over 1,000 cases each year. dent, legal council for revenue to Nevada's Pardee Construction Bob McCune tourism industry, elected EVEREN Securities, Company. Scoll, who Bob McCune as president. He previously Inc. announced Katrina joined Pardee last year, served the Council as a government rela Clark has joined the David Sco/1 manages a broad range tions consultant. McCunn is president of firm as senior vice presi of legal matters for the Campaign Center West, a Henderson dent and portfolio man company, including based public relations firm. ager at the Las Vegas those related to various office. She was formerly real estate activities. Howard Mason, M.D., Katrina Clark with Dain Bosworth Prior to joining Pardee, has joined Charter where she served as senior vice president. Scoll was with First Behavioral Health Interstate Bank's Legal Systems of Nevada Keith Lynam of Las Vegas has been Ray Land1y Services Group for more (CBHSN) as its new med appointed Nevada state director for the than 12 years. Pardee also announced that ical director. The former National Federation of Independent Ray Landry, assistant vice president of Howard Mason U.S. Navy Medical Corps Business (NFIB). He is president of sales for the company, has been elected lieutenant was previously in private prac Lynam Communications Group and has president of the Nevada Real Estate Com tice in Charlotte, N.C. where he was an more than 16 years of experience in pub mission. Appointed by Nevada Governor attending physician for three medical He relations and public affairs. With 4,000 Bob Miller two years ago to the five facilities. He is licensed to practice in members, NFIB is the nation's largest member commission, Landry is a 27-year Nevada, Arizona, California, Illinois and small business advocacy organization. Las Vegas real estate professional. North CaroEna. continued on page 72 November 1997 • Ne1•ada Business journal 69 - NEVADA BRIEFS lished Latino small business owners. To NevTEL changes name to MGC qualify for an unsecured loan from $5,000 Communications to $ 100,000, under the program, business owners must have been in business for at In a move to better reflect the com least three years; have no declared bank pany's national presence, NevTEL ruptcy within the past ten years; have a sat announced it has changed its name to isfactory credit record; have a profitable MGC Communications. The privately business and an established bank account. held company also recentl y completed a u.s. Bank celebrates new $ 160 million senior note offering. branch opening Las Vegas Chamber of Commerce U.S. Bank recently celebrated the open welcomes 5,000th member State unemployment rate drops ing of a new branch in Las Vegas, marking The Las Vegas Chamber of Commerce evada's seasonally-adjusted unem it 's fifth opening since May in Albertsons recently passed a milestone in its 86-year ployment rate dipped one-tenth of a per Supermarkets. The newest in-store branch history as it welcomed its 5,000th member centage point in August to 4.3 percent, the is located at Eastern and Sahara. business last month. Founded in 1911 , the lowest level since 1989. According to a Chamber now ranks near the top of the spokesman for the Nevada Depru1ment qf New laser treatment repairs nation for chamber membership when Employment, Training and Rehabi]jtation, common prostate conditions compared to cities with similar popula the decline in unemployment reflects the Dr. Stephen Kurtz, a urologist who prac tions. The rankings considered the number state's healthy economy. The departmen~ tices at Columbia Sunrise MountainView of chamber members as a percentage of also repo.rted the state's job growth ( esti ~ Hospital and Columbia Sunrise Hospital total businesses in each region. mated at 5.3 percent), while slowing and Medical Center, is th e first physician slightly, is still above the national rate. in the state to perform a new procedure Sierra Health Services awarded known as Indigo Laser Optic Solution to $1.5 billion contract UNR releases small business repair enl arged prostates in men. The Food SieiTa Military Health Services, Inc., a financing guide and Drug Administration approved the use subsidiary of Sien·a Health Services, Inc .. The University of evada. Reno, of the procedure j ust over a year ago. was recentl y 'awarded a multi-year, $1.5 evada Small Busine s Development According to the American Medical Asso billion contract to serve approximately Center has released a financing guide for ciation, most men over the age of 45 suffer 600,000 beneficiaries of the Civilian small business. The guide provides de from an enlarged prostate to some degree. Health and Medical Program of the Uni tailed information on financing sources formed Services (CHAMPUS) in 13 and vari ous SBA loan programs available Northern Nevada room tax northeastern and mid-Atlantic states and to evada small business owners, or any collections set record the District of Columbia. Under the con one conside1ing stru·ting a small business. A record of $2.7 million in room tax tract, Sierra Military Health Services will Nevada State Bank worked with the uni was collected from visitors to the Reno, administer a healthcare program for the versity to produce the publication which i Sparks and Lake Tahoe area last August. dependents of active duty military person available through the Nevada Small Bu i The revenue is a 12.4 percent overall nel , as well as retirees and dependents, in ness Development Center in Las Vegas and increase over the same month last year all branches of the uniformed services. Reno, or evada State Bank. with Sparks reporting an increase of 32.5 percent. According to research released by Sprint wins bid for Clark County KNPR building underway the Reno Sparks Convention and Visitors business evada Public Radio Corporation h Authority, over 505,000 rooms were occu Sprint was recently awarded a three year begun construction of the Donald \ - pied dming the record-breaking month. contract valued at more than $6 million to Reynolds Broadcast Center, the new per provide local telecommunications services manent home of KNPR, 89.5 FM, South Wells Fargo commits $1 billion in to Clark County. Sp1int will provide the ern Nevada's public radio station. TI:Jc loans to Latino small businesses county with a voice and data network, 15,000-squru·e-foot broadcast, admini rra Wells Fargo Bank, in alliance with the hardware, inside wire maintenance, en ti ve and teaching facility is under con U.S. Hispanic Chamber of Commerce, hanced calling features, and voice mail struction on the Charleston campus of the recently established a $ 1 billion loan pro with automated attendant system, directo Community College of Southern Ne ~ gram to fund the growth and expansion of ry service and dial-by-name directory. The (CCSN) and was made possible by a S-!..: Latino businesses across the nation. The process marked the first time a govern million grant from the Donald first of its kind, the loan commitment ment agency in Nevada has solicited bids Reynolds Foundation, and a 99-year I extends for the next six years to estab- for local voice and data services. lease and partnership deal with CCSN. ~Business journal • November 199i PEOPLE ON THE MOVE NEVADA BRIEFS Wells Fargo announced banking veteran, has joined the company Commercial Bank breaks ground Tim Wennes has been as vice president/business development on Summerlin branch appointed to vice presi officer in Las Vegas. She was most recent Commercial Bank of Nevada has dent and division manag ly vice president and branch manager with broken ground for the construction of its er of in-store operations Heath Financial Services and has held newest Las Vegas branch located in for Nevada and Arizona. commercial and business lending posi Summerlin. The branch - Commercial Wennes will oversee the tions with Sun State Bank, Bank of Amer Bank's third location - is scheduled to company's 163 super ica and First Interstate Bank of Nevada. open in mid-January. market branches in the two states. He has been with Wells Fargo since 1989, ftrst as Stuart Mixer Commer Key Largo casino/Quality Inn a loan officer and personal banking offi cial-Asset Management Hotel celebrates grand opening cer, then manager of several of the com has named Jan Hoback The Key Largo Casino and Quality Inn pany's Southern California branches. to the position of prop Hotel recently held grand opening cere erty manager. Most re monies for its new l 0,000-square-foot. NEXTLINK Nevada cently, Hoback was an casino. The Quality Inn Hotel (formerly • has recently hired Roy assistant property man the Ambassador Inn) has complet~d Addington as sales man Jan Hoback ager with The Howard its remodeling project for the 318-room ager. The UNLV gradu Hughes Corporation where she managed resort which is located near the Strip on ate was previously the more than 850,000 square feet of office Flamingo in Las Vegas. general manager for space. Prior to her tenure with The American Communica- Howard Hughes Corporation, Hoback Nevada Society of CPAs opens Roy Addington tions Services in Las was assistant marketing director for The Las Vegas office Vegas. He has also marketed interactive Vista Group. In her new position, she will The Nevada Society of Certifted Public video systems and worked as an area be responsible for the on-site management Accountants (NSCPA) has announced the manager for Southwestern Bell Telephone of City Center West, a 212,000-square opening of a new Las Vegas office at 333 in Oklahoma City. foot office project in northwest Las Vegas. North Rancho Drive. The office is the sec ond location for the organization, the first Tanna Prince has joined Universal Bill Martin, a long-time Nevada commu being headquarters in Reno which opened Health Network (UHN) as director of nications and public affairs consultant has in 1947. The NSCPA celebrates its 50th business development. She is responsible been named vice president and director of anniversary this year. for marketing, sales and network develop special projects for MarkeTec, Inc., an ment for URN's preferred provider orga independent research ftrm in Northern Caesars Palace Tower nears nization in Nevada. Prince has more than Nevada. Martin, accredited by the Public completion a decade of experience in health insur Relations Society of America, has been a The 1 ,200-room Palace Tower and con ance, managed care and human resources. Reno resident since 1971 and is a former ference facility at Caesars Palace is slated chief of Nevada operations for the Associ to open its fust phase this month with the John Prlina has joined ated Press and press secretary to former second phase due to open in December. American Nevada Cor U.S. Senator Paul Laxalt. Martin co The 29-story tower includes guest rooms poration as construction founded Brodeur-Martin Company, a and suites, 110,000 square feet of meeting manager for the Seven full-service public relations agency and space, restaurants, a spa, three swimming Hills master-planned Nevada Weekly, now the Reno News & pools and retail space. community. In his new Review, the Reno-Tahoe area's fust alter position, Prlina will native newsweekly. BofA branches to accept property John Prlina oversee all engineering, tax payments budgets and construction for the develop Michele Casey has joined Dain Bank of America recently announcoo ment of the community. He is a 16-year Bosworth as an investment executive in that it is working with the Clark Coun _ veteran of the general construction indus its Reno office. Casey recently completed Treasurers office to accept property t:aJ try, most recently serving as senior project the ftrm's extensive training program and payments at any BofA branch within !be manager for Kajima Engineering & Con is a certified registered investment execu county. While the majority of prope _ struction, Inc. of Las Vegas. tive. She will assist individual and corpo owners have property taxes impound rate clients in selecting appropriate invest by their lender or mortgage compan_ Truckee River Business Lending an ments, and developing retirement plans approximately 40,000 pay property tax . nounced that Sharlene Lewis, a 26-year and money management programs. • at the office of the treasurer. - ! ~ Bnsinessjoumal . November 1997 BUSINESS INDICATORS LATEST PREVIOUS YEAR YEARLY DATE PERIOD PERIOD AGO %CHG UNEMPLOYMENT -~ ANALYSIS ········ Nevada 7/97 4-8 s.o s.8 -17.24 I\ t midyear, Nevada's unemployment rate Las Vegas MSA 7197 4-8 4-9 6.1 - 21.31 /"'\stood at 4.8 percent, having dropped a Reno MSA 7/97 3-8 4-2 4-7 -19.15 full percentage point from a year ago. Las U.S. (SEASONALLY AD JU STED) 7/97 4-8 s.o 5·4 -11.11 Vegas also reported an unemployment rate of 4.8 percent. Reno reported even better RETAIL ACTIVITY · ~;;'1 numbers - 3 .8 percent. When rates reach Nevada Taxa ble Sales ($ ooo) 7197 2,023,741 2,157.759 1,943.463 4-13 such low levels, one can conclude economic Clark County 1,361,857 1,448,660 1,269.395 7.28 conditions are favorable. 7197 Washoe County 370,025 -0-49 Consumer spending continues to buoy 7197 351,953 353.673 the economy. Nationally, gross domestic U.S. Retail Sales ($MILLION) 7197 212,075 210,739 203,291 4-32 product posted a growth rate of 4.28 percent during the second quarter of 1997. This GROSS GAMING REVENUE . -·-:. growth rate is neither too fast to create fears Nevada ($ ooo) 7197 671,111 618,883 of inflation, nor too slow to give rise to fear of Clark County 7197 475.541 490,125 recession. Inflation, as measured by the con· Washoe County 7/97 91,040 86,834 86,573 s.16 sumer price index, grew at a modest 2.23 percent over the last year. CONSTRUCTION ACTIVITY ~ Most forecasters predict a favorable Las Vegas Area Permits national economy in the near term, although New Residences 2Q97 s.64o 4.700 s.sos 2-45 there have been some signs for concern. New Commercial 2Q97 360 350 318 13.21 These concerns include: labor shortages in Reno Area Permits some job categories, which could spill over New Residences 2Q97 776 453 929 -16-47 into rising prices; profit rates, which have New Commercial 4Q95 8o 82 52 53-85 been favorable, might drop, resulting in less u.s. investment in new plants and equipment; Housing Starts (ooo) 7197 1,447 1,447 1,492 -3.02 and the weather, in particular, "El Nino," Total Construction ($BILLION) 6/97 591-5 597-9 568.2 4-10 could adversely affect some agricultural areas. Uncertainty, therefore, clouds our HOUSING SALES future more today than in the past. Nevertheless, conditions remain favor Las Vegas Are.a able. The Federal Reserve, therefore, has Average Sales Price C•> 2Q97 138.536 138,851 140,179 -1.17 taken a "standby position" and let the natur Average Cost $/Sq. Ft. 2Q97 76.18 75 -20 78-41 -2.84 al forces of economic activity evolve. Average Mortgage Rate ''> 2Q97 7-99 7-90 7-93 0.76 Nevada's business activity also remains Washoe County* favorable. The state's July taxable sales U.S. Home Sales (ooo) 6/97 819 772 732 11.89 increased 4.13 percent over a year ago, with Las Vegas reporting a strong growth of 7.28 TRANSPORTATION percent. Nationally, retail sales in July show a Total Passengers o> similar steady rate of expansion, increasing McCarran Int. Airport, LV 2Q97 7.633.379 7,686,377 7,6so,625 -0.23 4.32 percent from a year ago. Reno/Tahoe Int. Airport 2Q97 1,747.777 1,669.355 1,596,183 9-50 Nevada's gaming sector, which has expe State Taxable Gasoline Sales ($ ooo) 6/97 71,810 72.933 68,734 4-48 rienced some ups and downs during the past year and a half, enjoyed a relatively strong POPULATION ESTIMATES level of activity in July. The state's gaming Nevada 7/96 1,688,6oo revenue collections, unadjusted for inflation, Clark County increased 4.6 percent above a year ago, with Washoe County 7I 96 306,810 Washoe County (Reno) enjoying better growth (5.16 percent) than Las Vegas (4.67 percent) for the first time in months. NATIONAL ECONOMY Nevada's strong economic performance Consumer Price Index C4l 7197 16o.s 160.3 157-0 2.23 during the past year rests on its construction Money Supply-M1 ($BILLI ON) 7/97 1,062.0 1,063.0 1,109.0 -4.24 sector, now employing more than 10 percent Prime Rate 7197 8. so 8.so 8.25 3-03 of the work force in Las Vegas. Construction, Three-Month U.S. T-Bill 7197 5-07 4-92 5-17 -1.93 often a source of wide swings, seems to have Gross Domestic Product ($ BILLION) 2Q97 8,004.8 7.933-6 7,607-7 4-28 ample work for the near term, suggesting no NOTES: (1) houses, condos, townhouses; (2) 30 yr. FHA fixed; (3) enplaned/deplaned passengers; (4) all urban consumers immediate transition difficulties. SOURC ES: Nevada Dept of Taxation; Nevada Employment Security Deptartment; UNLV, Center for Business and Economic Research; UNR, Bureau of Business and Economic Research; US Dept of Commerce; US Federal Reserve. R. Keith Schwer- UNLV, Center for Business COMPILED BY: UNLV, Center for Business and Economic Research and Economic Research • Figures not available. November 1997 • Nevada Business Journal 73 by Joe Mullich Don't Lose Your Arch-Nemesis ot long ago, Steve Jobs, -clayk/evil.htrnl). This site Oracle Computer and a man .Anyone who when asked about Gates, plays off the Microsoft ad line who has several billion dollars Nwould say things like: by asking, "Who do you want of his own in the bank. appreciates "The only problem with to control today?" Ellison, a natty guy who Microsoft is that they just have Another person erected wears cufflinks the size of the value of no taste." That was delightful the Bill Gates Hall of Shame toasters, is also a stylistic ly catty even if it may not be page (http://wwwjas.com/ polar opposite of Gates. having an exactly true. It's just that ms-shame.shtm1). The page Ellison seems genetically Gates' taste runs to Rumpled includes quizzes: unable to open his mouth arch-nemesis Sartorial Nerd. Jobs, who once QUESTION: What would without taking a potshot at dated Joan Baez, is more of the happen if Microsoft built cars? Gates. When Gates built a must be a bit Techno-Mystic bent. ANSWER: We'd all have to lavish $30 million lakefront The differences of style buy Microsoft gas. estate, Ellison promptly built a, sad. The two and loathing of Microsoft It also explains how the ... Japanese palace and gardens helped sustain Apple during Microsoft ad slogan trans for $40 million. sworn enemies some rough patches (say, the lates into Japanese: "If But Ellison isn't a true past 10 years). Now that you don't know where you arch-nemesis, since Gates of the -comput- Gates has bailed out Apple want to go, we'll make seems barely to recognize he with $150 million, Jobs and sure you get taken." exists. Ellison, in contrast, ing industry - Gates are making nice. This Another person, with a gift continu-ally mutters Gates' is like Greenpeace naming for directness, launched the name and talks about him as Bill Gates of Rush Limbaugh its Man of "Bill Gates is Satan" page if he were present whenever the Year. It's like Cain and (http://www. bxscience.edu/ reporters are nearby. "Bill, Microsoft and Abel opening a 7-11 together. -waletzky/bill gates.htrnl). The Bill, Bill!" he begins speeches, "This is a good day for the page offers this advice: "Call either for show or because he Steve Jobs of Apple platform," said one Microsoft's 800 numbers as needs Prozac. Also, Ellison's analyst. "But this is the day often as possible, and stay on products - relational databases Apple- have that Apple sold its soul." the line as long as you can. (trust me, you really don't Mostly, I'm concerned about Why? Because every call is want me to explain what they joined in an how this will affect Gates, a charged to Microsoft!" do) - are so dull compared man driven by competition. Funny. But everyone knows to the cultist Apple, he has alliance. The Machiavelli didn't get so much it really doesn't amount to any trouble keeping people from glee from besting his oppo thing. I mean, check the Bill yawning unless he rips Gates. computer cold nents as Gates does. But the Gates Personal Wealth Clock All this makes me feel very problem is, who does Gates site (http://www. webho.com/ orry for Gates. Because all of war has ended. have to hate now? WealthClock). It would take a u need a nemesis to keep us Sure, plenty of people still lot of 800 calls to cut into his going at times. After all, hate Gates. If you log onto the $40 billion fortune enough to -. ould there have been a Internet, you'll find many web force him to clip coupons. Sherlock Holmes without a And, frankly, sites dedicated to lambasting Apple, though, was viewed Moriarty? A Patton without Microsoft and Gates. Most of as a serious rival. And partly a Rommel? Sean Connery, that sucks. them rebuke Microsoft for its because of that, Gates invented after winning an Academy near-monopolistic control over the Apple-wannabe Windows Award, prominently thanked the computer industry. There is operating system. But now the his enemies. Having an arch the Microsoft Evil Empire Net closest person to a nemesis for nemesis is good for business work page (www.coredcs.com/ Gates is Larry Ellison, head of and good for the soul. • ---~ Sei':!lb.Bosiness journal . November 1997 I sell software a ll over the West. And lately, I'm find ing that golf carts and taxis are doubling for offices and boardrooms. 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