City of Las Vegas Data Book
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082011B City of Las Vegas Economic and Urban Development Department & Redevelopment Agency Economic and Urban Development Introduction Economic and Urban Develpment Department The Economic and Urban Development Department (EUD) creates, coordinates and encourages new development and redevelopment throughout the city of Las Vegas. It increases and diversifies the city’s economic base, and creates jobs, through business attraction, retention and expansion programs. In addition, this newly expanded department now includes employees who oversee and manage local, state and federal grants used to provide public services, develop public facilities and support affordable housing for low income Las Vegas families. The majority of grants are received from the U.S. Department of Housing and Urban Development as part of entitlement funding. These grants are used for homeless services and shelter, senior nutrition, rent assistance and new construction of affordable housing and community centers, to name a few. The EUD coordinates with the city of Las Vegas Redevelopment Agency on day-to-day operations, economic development, job creation and long-term strategic goals. Las Vegas Redevelopment Agency The Las Vegas Redevelopment Agency (RDA) promotes the redevelopment of downtown Las Vegas and surrounding older commercial districts by working with developers, property owners and the community to accomplish beneficial revitalization efforts, create jobs and eliminate urban decay. The Las Vegas Redevelopment Area encompasses 3,948 acres. The area roughly includes the greater downtown Las Vegas area east of I-15, south of Washington Avenue, north of Sahara Avenue and west of Maryland Parkway. It also includes the Charleston Boulevard, Martin L. King Boulevard and Eastern Avenue corridors. Although the RDA is legally a separate entity from the city of Las Vegas, city council members sit on its board and provide input on projects. Contact Information: 400 Stewart Ave. Second Floor Las Vegas, NV 89101 Tel: 702.229.6551 Fax: 702.385.3128 E-mail: [email protected] Web: www.lvrda.org Web: www.lasvegasnevada.gov/EUD Web: www.facebook.com/lvbusiness Table of Contents Maps Tourism Las Vegas Valley ................................................. 1-2 Visitor Volume ......................................................49 Las Vegas Council Wards .................................... 3-4 Visitor Dollars Spent .............................................49 City of Las Vegas Redevelopment Area...................77 Convention Attendance .........................................49 Gaming Revenue ..................................................49 Demographics Airport Traffic .......................................................49 Hotel/Motel Statistics ............................................50 City & County Statistics .......................................... 7 Visitor Frequency .................................................50 Population Estimates & Projections ......................... 7 Downtown Visitor Details ......................................51 Population & Income by Zip Code ........................... 8 Downtown Visitor Profile .......................................52 Residents’ Income ................................................. 8 Resident Profiles ........................................... 9 & 10 Age Distribution .................................................... 9 Industry County & City Resident Profiles............................... 9 Largest Nongaming Employers ..............................55 Population & Housing .......................................... 10 Largest Corporate Gaming Employers ....................55 Voter Registration ................................................ 10 Fastest Growing Local Industries ...........................56 Newcomer Data .................................................. 11 Fastest Growing Local Occupations ........................57 Retiree Data ....................................................... 12 Forbes 2000 Companies ........................................57 Metro Area Rankings ........................................... 13 Occupational Projections .......................................58 Zip Code Profiles ............................................ 14-17 Labor Force & Employment ...................................58 Median Hourly Wage Statistics...............................59 Community Building Permits Issued .........................................60 Building License Activity ........................................60 Climate ................................................................19 Fiber Optic Capabilities .........................................60 Clark County School Information ...........................20 Water Rates .........................................................60 Post-Secondary Education Information ...................21 Electric Power Cost Comparision ............................61 University of Nevada Information .....................22-23 Cost of Living Index Comparison ...........................23 Emergency Services .............................................24 Business Guide Hospitals .............................................................24 Incorporating in Nevada .......................................63 Hospital Quality Ranking .......................................25 Obtaining a Business License ................................63 Las Vegas Parks ...................................................26 Employer Identification Number ............................65 Las Vegas Recreation Centers................................27 Fictitious Name Certification ..................................65 Local Sports Teams ..............................................28 Nevada Business Registration ................................65 Area Golf Courses .................................................28 Zoning Ordinances ...............................................65 Clark County Museums .........................................29 Plan Reviews ........................................................66 Las Vegas Senior Centers ......................................30 Worker’s Compensation ........................................66 Unemployment Insurance .....................................67 Immigration Service .............................................67 Real Estate IRS W-4 Forms .....................................................68 Las Vegas Future Land Use ...................................33 State Labor Laws .................................................68 Las Vegas Property Values ....................................33 Who Has Jurisdiction? ...........................................68 Economic Indicators .............................................34 City of Las Vegas Resources ..................................69 Home Purchases ..................................................34 Clark County Resources ........................................70 Home Sales .........................................................34 State of Nevada Resources ...................................71 For-Lease Office Market ........................................35 U.S. Government Resources ..................................72 For-Lease Industrial Market ...................................35 Other Business Resources .....................................73 Chambers of Commerce ........................................74 Retail Utilities ................................................................75 Taxable Retail Sales ..............................................37 Las Vegas Economic & Urban Development ............76 For-Lease Retail Market ........................................37 Business Incentives & Assistance Programs ............76 Employment ........................................................38 Nevada Tax Structure ...........................................78 Nevada Taxes Summary ........................................79 Business Tax Comparison ......................................82 Transportation Central Access......................................................41 Foreign Trade Zone...............................................41 Airports & Air Cargo .............................................42 Ground Transportation ..........................................43 Regional Transportation ........................................44 Hoover Dam Bypass .............................................46 93 KYLE CANYON GRAND TETON 95 ELKHORN 215 215 15 CENTENNIAL CENTENNIAL ANN LOSEE LONE MOUNTAIN ALLEN LAS VEGAS BLVD. CRAIG JONES CRAIG DECATUR ALEXANDER ALEXANDER ALEXANDER CHEYENNE LAMB RAINBOW HUALAPAI PECOS LAKE MEADBUFFALO SMOKE RANCH RANCHO CAREY CAREY LAKE MEAD 95VEGAS OWENS NELLIS WASHINGTON SUMMERLIN 41 95 I BONANZA STEWART RAMPART MARTIN L KING L MARTIN CHARLESTON CHARLESTON HOLLYWOOD 159 SAHARA SAHARA SAHARA TOWN CENTER VALLEY VIEW VALLEY DESERT INN P DESERT INN SPRING MOUNTAIN RI T MOUNTAIN VISTA HUALAPAI LAKE LAS VEGAS 15 S FLAMINGO The Las Vegas Valley S DESERT INN MARYLAND TROPICANA TROPICANA LAMB JONES 95 DECATUR RUSSELL RUSSELL LAS VEGA BOULDER DURANGO SUNSET SUNSET FORT APACHE EASTERN CITY OF LAS VEGAS REDEVELOPMENT AREA BUFFALO 215 PECOS WARM SPRINGS CITY OF LAS VEGAS LAKE MEAD GIBSON WINDMILL WINDMILL STEPHANIE JONES UNINCORPORATED CLARK COUNTY PEBBLE GREEN VALLEY VALLEY VERDE VALLEY DEAN MARTIN BASICUP RR HENDRACETRACK SPUR BLUE DIAMOND CITY OF NORTH LAS VEGAS WIGWAM HORIZON RIDGE BERMUDA 95 CITY OF HENDERSON SERENE GREENWAY LAS VEGAS BLVD. VEGAS LAS ST ROSE 1 93 KYLE CANYON GRAND TETON 95 ELKHORN