03. Economy & Workforce
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03. ECONOMY & WORKFORCE INTRODUCTION As a city focused on growth, Las Vegas has committed to creating cutting-edge “smart city” priorities and initiatives. While smart strategies have typically referred to using technology as a means of improving urban performance, Las Vegas’s smart strategy also refers to its people. A city’s economic growth is closely related to the education of its residents. Although education is not a sole indicator of future salary potential for a person, it is generally an important one. Generally, for each level of education a person gains, a percentage of growth is gained. Therefore, for Las Vegas to grow economically, it not only needs to attract new residents- it needs improve educational outcomes of its existing ones. School quality is often linked to overall quality of life, yet those in the City face disproportionate impacts, especially between urban and suburban schools. Future collaboration with Clark County School District’s (CCSD) will be key to ensure the city’s schools are supportive of the City’s goals to provide equitable, innovative opportunities across its neighborhoods. Growing a smart population requires more than just good schools; it requires a holistic economic strategy that attracts the brightest and the best. Schools provide the groundwork for educating children and are a key part of a growth strategy. INTRODUCTION 3-1 Like other cities who largely suffered from ‘boom and bust economies’ of the post 2008-recession, Las Vegas also must compete against other cities of similar I. EDUCATION 3-4 size who are looking to pull in talent. Denver, Pittsburgh, Salt Lake City, Phoenix and Austin are doing the same, so Las Vegas must ensure that it has a robust 3-1 II. ECONOMIC + WORKFORCE DEVELOPMENT 3-26 pipeline for talent that includes housing, education, and workforce. Doing so will ensure Las Vegas is developing its own people while recruiting new residents. III. HOUSING 3-50 While education and an economic development strategy are not required by NRS for inclusion in a master plan, the City recognizes its inextricable relationship to physical planning. Improving education, diversifying the economy, and developing a resilient workforce were repeatedly brought up by participants throughout the planning process. Las Vegas is at a unique turning point in its history as a city where its future economy will be driven less WORKFORCE & 03. ECONOMY by new subdivision growth at its periphery and more by redeveloping within existing areas. As the local economy shifts to knowledge-driven, tech-based industries, the City will be able to help prioritize workforce training to respond to the “smart” innovation in the entertainment, military, and health sectors. DRAFT: 09/11/2020 GOALS SUMMARY OF ECONOMY & WORKFORCE STRATEGIES BY GUIDING PRINCIPLE I. EDUCATION III. HOUSING EQUITABLE RESILIENT HEALTHY A. Achieve equitable attainment of quality education - A. Increase affordable housing types and choices for Pre-K through higher education - to support a strong all income levels near existing and new employment • Improve access to jobs • Emphasize economic diversity • Improve healthcare access workforce and quality of life. centers. • Improve workforce training • Develop a more diverse talent pool • Improve mental health • Improve access for all communities • Diversify business types • Improve health literacy B. Support school siting and learning environments for all B. Develop services that help the homeless and prioritize + language barriers • Cultivate fully-formed • Develop a more healthy workforce ages through thoughtful land use and transportation the needs of the most vulnerable members of the • Emphasize education (access and philanthropic centers • Increase living wages planning community quality) • Emphasize education (access and • Create a more effective healthcare II. ECONOMY • Emphasize early childhood quality) system programs • Improve access to food (global • Improve access to social services • Utilize development practices leaders in resilient food access in (aging, disability, etc) A. Support diverse employment and entrepreneurship for support & prioritize education a desert climate) • Emphasize healthcare industry the existing and future workforce that capitalizes on • Create affordable social services • Prepare workers for digitalization education & jobs skills, especially in emerging sectors for an aging population transition • Prioritize healthcare district B. Prioritize key redevelopment opportunities, incentivize, • Create more affordable healthcare • Prepare for an aging population development and actively promote their reuse options Prepare for disasters • Increase access to healthy food/ • Encourage accessible healthcare • Expand efforts to include mothers latchkey and summer C. Uphold sound fiscal policies and transparency that beyond urgent care and hospitals and single-parents in the economy • Improve job stability increases efficiency in order to provide higher quality • Create affordable childcare • Develop a “beyond resorts” of services services mentality that diversifies jobs and • Transition training for digitalization economy RELATION TO SOUTHERN NEVADA STRONG IMPROVE ECONOMIC COMPETITIVENESS AND EDUCATION LIVEABLE INNOVATIVE Goals work to align future development styles or “place 3. Enhancing the role of small businesses and • Increase access to amenities, services • Engage medical tourism 3-2 types” with the needs of small businesses and workers in entrepreneurs as leaders in economic diversification 3-3 • Emphasize cultural tourism • Increase healthcare education & jobs the region’s target sectors. and revitalization. • Prioritize historic preservation • Focus on niche R&D 1. Aligning land use and transportation plans with regional 4. Increasing collaboration between the state • Complement gaming and entertainment industry • Lead innovative technology creation including UAV + AV economic development plans. government, local governments, and the region’s higher • Prioritize technology / “cutting edge” gaming • Capitalize on air force bases synergy education institutions to align economic development • Emphasize a Las Vegas for all ages • Foster entrepreneurship 2. Ensuring that Southern Nevada offers a range of and education efforts. • Create inclusive economic practices • Prioritize economic diversity place types to attract and retain future workers, visitors, • Prioritize housing and utilities as an affordable • Capitalize on financial, real E\estate, and other LAS VEGAS MASTER PLAN VEGAS MASTER LAS businesses and entrepreneurs. 5. Supporting the educational system and learning percentage of income professional services 03. ECONOMY & WORKFORCE & 03. ECONOMY environments through thoughtful land-use and • Increase maker space and flexible workspace transportation planning. • Capitalize on proximity to Los Angeles • Create more smart jobs (robotics, AV, and digitalization) DRAFT: 09/11/2020 I EDUCATION GOALS A. Achieve equitable attainment of quality education - 3-4 Pre-K through higher education - to support a strong 3-5 workforce and quality of life. B. Support school siting and learning environments for all ages through thoughtful land use and transportation planning LAS VEGAS MASTER PLAN VEGAS MASTER LAS 03. ECONOMY & WORKFORCE & 03. ECONOMY DRAFT: 09/11/2020 I.A EQUITABLE EDUCATION NRS 278.160.2 ACHIEVE EQUITABLE ATTAINMENT OF QUALITY EDUCATION — KEY ACTIONS PRE-K THROUGH HIGHER EDUCATION — TO SUPPORT A STRONG • Expand the role and scope of the Department of WORKFORCE AND QUALITY OF LIFE Youth Development and Social Innovation as a partner to educate City youth. • Continue offering and expand supplemental before and after school programs to achieve better K-12 The quality of the City’s educational system is among the and the after school Ignite STEM program for middle educational outcomes top rated public concerns and leading priority areas for school students. residents. When surveyed, residents consistently raised • Develop an educational support program with • Pre-K education through Strong Start Academies concerns about the quality of the educational system and underperforming CCSD schools to provide • College prep and career path programs, including cited education being the one thing that they would want additional resources for students and parents. changed about the city. During public outreach, residents Batteries Included, and My Brother’s Keeper. ranked education as the highest priority issue that the • Resolve to support continuing education, workforce • Multiple pathways must be open to students when they City faces over the next thirty years and spoke frequently Because residents demand improvements to education, development, and collegiate program to improve graduate; for many, entering the workforce with a good about improving schools. The importance of educating it is important to examine educational factors, roles, and post high school educational outcomes. paying job is an important attainable aspect, provided the community’s students, whether primary, secondary, or relationships between the City and institutions of learning that the quality of education doesn’t require extensive • Partner with NSHE to expand UNLV and CSN higher education, has historically not been a direct charge or within Southern Nevada: retraining or remedial work. Similarly, graduating campuses and siting and development of a new function of the City. Given that Nevada has often ranked last • The educational system is a highly regarded quality of students must be prepared