2016-01-17 - VEGAS INC - Las Vegas

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6.4 Number of casinos, on av- erage, each Southern Ne- vada tourist visits. That’s more than 4.9 million trips along the crowded resort corridor each week. 10.8B Number of trips Americans took on public transportation in 2014, the high- est number in 58 years, according to the American Public Transportation Asso- ciation. People boarded public transpor- tation 36 million times each weekday. BY RIC ANDERSON | STAFF WRITER There’s a problem with our transportation system, Las Vegas, and it goes way beyond tedious commutes and long lines of orange pylons. The system has become an Achilles heel in a high-stakes competition with other major cities to attract new businesses, residents, tourists and conventions. Our road system is outdated, built for an era of rotary phones, coin slot machines and cars with cassette players, and other communities are taking advantage of it in an Las Vegas light rail SHUTTERSTOCK We dissect an idea that some say is crucial for the future of Southern Nevada LIGHT RAIL, CONTINUED ON PAGE 4 VEGASINC.COM |JANUARY 17 - 23, 2016

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Transcript of 2016-01-17 - VEGAS INC - Las Vegas

Page 1: 2016-01-17 - VEGAS INC - Las Vegas

6.4Number of casinos, on av-

erage, each Southern Ne-

vada tourist visits. That’s

more than 4.9 million trips

along the crowded resort

corridor each week.

10.8BNumber of trips Americans took on

public transportation in 2014, the high-

est number in 58 years, according to the

American Public Transportation Asso-

ciation. People boarded public transpor-

tation 36 million times each weekday.

By Ric AndeRson | STAff wriTer

There’s a problem with our transportation system, Las Vegas, and it goes way beyond tedious commutes and long lines of orange pylons. ¶ The system has become an Achilles heel in a high-stakes competition with other major cities to

attract new businesses, residents, tourists and conventions. Our road system is outdated, built for an era of rotary phones, coin slot machines and cars with cassette players, and other communities are taking advantage of it in an

Las Vegas light rail shutterstock

We dissect an idea that some say is crucial for the future of Southern Nevada

light RAil, continued on pAge 4

v e g a s i n c . c o m | j a n u a r y 1 7 - 2 3 , 2 0 1 6

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06 14 18WHERE ARE WE GOING WITH THIS?Plans are in the works for a light rail system in Southern Nevada, but where will it go? We map out the Regional Transportation Center’s plan and present potential additions to extend the system’s footprint.

HOW CAN WE PAY FOR IT?Studies show that investing in a light rail system can spur economic activity that more than makes up for the cost of construction and maintenance. Still, building one isn’t cheap. We outline potential ways to raise the money.

DATA AND PUBLIC INFORMATIONA listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.

MORE VEGAS INC BUSINESS NEWSCalendar: Happenings and events, P17

The List: Taxicab operators, P22

NOTEWORTHY STORIES VOLUME 3, ISSUE 2Vegas Inc (USPS publication no. 15540), 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published every Sunday except the last Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices.

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W H E R E I S T A N D : B R I A N G R E E N S P U NLight rail would get our future on the right trackR eaders of VEGAS INC will notice that

this issue is chock full of trains, so to speak. Actually, we have given this issue

over to a most important discussion about how well and how fast our city will grow. And how much we are willing to invest in that future.

Throughout our history, Las Vegas has always been ready, willing and able to step up and own the kind of future we envision. Our dreamers and

our builders have always been able to capture the imaginations of our people to build, despite the setbacks of the 2008 economic crash, a city to be envied and emulated.

We now have an opportunity to write the

next chapter in the brilliant history of Southern Nevada.

This time it centers on the way we will move not only our tourist economy but also our local economy to the next level.

VEGAS INC, fulfilling our responsibility to enlighten, encourage and inform our business readers about matters of public interest and enterprise, has devoted its pages this week to a wide-ranging discussion about trains. Light rail to be exact.

This isn’t the first time our community has discussed light rail as a mode of transporting 2 million residents and more than 41 million tourists safely and conveniently through our valley, but it is the first time community groups

throughout Clark County have come together to have a serious discussion.

Solving the transportation challenge not only is a quality-of-life issue but goes to the essence of our ability to compete. The world is getting smaller, but convention facilities, tourist attractions and hotels around the globe are growing larger, so our ability to provide world-class transportation could be a differentiator.

Cities such as Phoenix, Denver, San Diego and Orlando, Fla., have gotten a head start on us , but we can catch up and surpass them all.

All we have to do is start. And this is the beginning of that discussion.

How much it will cost, how long it will take and the hurdles we must overcome are all part of that conversation. And that discussion cannot be had without you, our readers.

For you will be the beneficiaries of a 21st century multimodal system of moving people from the airport to the Strip to downtown to North Las Vegas.

The same attitude and commitment that has allowed decades of dreamers and builders to create today’s Las Vegas can propel us to make the decisions necessary to ensure that we continue to lead all comers when it comes to moving people around a city.

Imagine a Las Vegas in 2026 that is the envy of the world. That’s easy. Now imagine a Las Vegas in 2026 with a world-class transportation system. That is a combination that can’t and won’t be beat.

It all starts today in the pages of VEGAS INC.

YOUR BUSINESS-TO-BUSINESS NEWSSend your business-related information to [email protected]

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attempt to leapfrog us. Don’t believe it? Let’s take a trip

to Orlando, Fla.There, a light rail train whisks

passengers along a 31-mile route that connects downtown Orlando with suburbs and surrounding com-munities for as little as $3.75 per round trip. Transportation authori-ties recently approved a new phase of construction that will connect the system, called SunRail, with Or-lando International Airport.

When that happens, look out. Visitors will be able to jump on the system for a quick, cheap and con-venient ride to hotels, attractions and convention halls, while their counterparts in Las Vegas endure long lines for taxis or Uber and Lyft vehicles, then face expensive, slow rides on congested streets and high-ways, where, of course, they have to suffer more expensive, slow rides if they want to go anywhere beyond walking distance.

Which sounds better? It’s no con-test.

Don’t think Orlando isn’t trying to capitalize on its advantage either. During a recent visit there, a Las Vegan found a list of our conven-tions written on a white board at the convention and visitors bureau.

True story. Scary story. And Orlando isn’t the only city ac-

tively trying to pick off our conven-tions.

Meanwhile, the Strip has reached a tipping point on traffic conges-tion, and that’s without attractions that either are on the drawing board or are almost live. T-Mobile Arena between New York-New York and Monte Carlo is an example; as many as 20,000 people will be trying to get in and out of events there once it opens. Because Las Vegas always has been a place that looks for the next big thing, others are talking about equally ambitious plans for facilities that will, inevitably, place further strain on our transporta-tion system.

Another source of pressure: With traffic at McCarran International Airport reaching its pre-recession levels, the city moves an average of 1.8 million people per month — and counting — between the Strip and the airport.

Given that tourism and conven-tion tax revenue and fees are the

leading economic drivers for the state, it’s critical that the Las Ve-gas transportation system supports them. But there is more reason to consider upgrades: The tech in-dustry sector that now is taking a close look at Las Vegas, and Nevada expects — and a new workforce de-mands — effective and convenient mass transportation options.

Put simply: Our infrastructure isn’t prepared to support the next generation of development in Las Vegas.

But here’s the good news. We can compete in this fight. The answer is to build our own light rail — ei-ther the system proposed by the Re-gional Transportation Commission of Southern Nevada or one that ex-tends the RTC’s lines to North Las Vegas.

Make no mistake, the system would be costly. The RTC’s plan, which connects McCarran to down-town’s Bonneville Transit Center and then to the Cashman Center,

would cost a minimum of $600 mil-lion and as much as $5.7 billion (if portions are built underground) in today’s dollars.

The RTC has proposed paying for a significant portion of the system with federal funding and has float-ed the concept of a public-private partnership. A rider fee also is part of the RTC’s vision.

In addition, there are other po-tential options for revenue streams that would lessen the burden on Las Vegas residents, such as an increase in hotel room tax, higher surcharg-es on flights from McCarran and perhaps reclaiming and selling BLM land on the outskirts of Las Vegas. Steps like these might make it possible to both build the system and let tourists and locals ride it for free.

The 42.3 million visitors com-ing to Las Vegas annually — a fig-ure that is expected to keep rising — could foot the bill for a portion of the system. Even with a modest

increase in fees to support a rail system, tourists come out ahead be-cause they wouldn’t have to pay as much for taxi rides or rental cars.

Now, think about what the system would mean for Las Vegas residents. It would allow tens of thousands of people get to work more easily and cheaply, not only the ones riding the light rail, but car commuters who’d benefit from a reduction of conges-tion on the roads. It would ease the pressure on our environment. It would create jobs and spur massive development of housing, retail and industry — with an economic im-pact of $56 billion to $178 billion, as estimated by the RTC.

If you doubt the potential of light rail as an economic driver, just look at Phoenix, Salt Lake City and Den-ver — other Western communities that have invested in rail systems. Development driven by light rail in Phoenix exceeded $8.2 billion this year, including 15,000 residential units within a half mile of the 20-mile route. The 7-year-old system is being used for 44,000 rides per av-erage weekday, more than the Phoe-nix transit authority estimated for ridership in 2020.

For Las Vegas, light rail would create new development opportuni-ties and strengthen the heart of our economy by improving the Strip. Tourists like trains — just ask the operators of San Francisco’s cable cars or New Orleans’ streetcars — and light rail would make getting up and down Las Vegas Boulevard a convenient attraction for visitors, not a bumper-to-bumper buzzkill.

Improving the visitor experience is critical to our future. Remember, the days are long gone when Las Ve-gas tourists checked into a resort, headed straight to the casino and holed up for as long as their bankroll held out. Today, the average tourist visits several casinos per visit, and a change in the Strip’s business model is prompting even more of them to get out and wander among a grow-ing number of restaurants, shops and attractions.

Allowing visitors to get around more easily is key to keeping them happy. And just imagine how happy they’d be if they could cruise the boulevard in a train that allowed them to see the sights and quickly reach their destination. Lights, ac-

light rail, Continued from page 1

IllustratIon by hernan valencIa

Strip traffic has reached a tipping point

your Business-to-Business newsSend your business-related information to [email protected]

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Page 5: 2016-01-17 - VEGAS INC - Las Vegas

tion, fabulousness. Even beyond the Strip, light rail

is a link to our economic future. It would help attract and retain the millennial workers we need for our budding technology industry and other businesses that can diversify our economy. If you don’t think light rail is a major bargaining chip when trying to recruit younger workers, just look at any number of studies showing that millennials are wait-ing later to get driver’s licenses than other generations, are less likely to use cars as a main source of trans-portation and are more likely to walk, bike or use public transit.

Another sector that could take off: manufacturing. For the first time, North Las Vegas could gain a di-rect connection to the Strip, which would help in the development of the massive Apex Industrial Park. With Faraday Future preparing to build a $1 billion car manufactur-ing plant there, a rail link would be-come an attractive incentive to help sell other companies on locating in Apex.

Then there’s the north Strip. To-day — and this isn’t a big secret —

it’s struggling. SLS Las Vegas has been bleeding revenue since it opened. The closure of the Riviera opened an even bigger hole between the Wynn and Encore, and the SLS and Stratosphere. And while the Lucky Dragon project west of Las Vegas Boulevard on Sahara Av-enue may inject some energy into the area, there’s nothing else being developed between Resorts World Las Vegas and downtown. Plus, the Genting Group has yet to begin con-struction in earnest, raising con-cerns the project may not be moving forward.

In that environment, a light rail could be a lifesaver. For most Strip

tourists, the Riviera/Fountainebleu area marks a no-man’s-land where they quit walking on the boulevard, feeling ill at ease among the rust-ing hulk of empty and abandoned resorts. Add a train, and getting to the SLS, Stratosphere and beyond is safe and fun.

For downtown, the rail would bring tourists and locals not only to East Fremont and the Fremont Street Experience but to the Arts District and the Smith Center for the Performing Arts. Light rail lines would become arteries to invigorate arts and culture.

There also are winners who would never even set foot on the train.

They’d benefit because the system would provide the tool to compete with cities such as Orlando for tour-ists, conventions and economic de-velopment, therefore strengthening the economy valleywide.

The harsh reality, Las Vegas, is that we risk getting stuck in gear ec-onomically if we don’t do something about our transportation system. Right now, nothing is happening to create more area for development on the Strip. We still rely mostly on tourism and mining as the under-pinnings of our economy, leaving us vulnerable to the same busts we just went through during the recession.

And while tourists still are com-ing, other cities are fighting to si-phon them away. Granted, Orlando is no Las Vegas when it comes to 24/7 fun, but it is positioning itself as a modern, progressive, conve-nient option other than Las Vegas.

Las Vegas has explored light rail before, only to set it aside while oth-ers pushed forward. Now we’re be-hind, and we have a major choice on our hands. Move in a new direction, or stay on the same path. Just watch out for the orange pylons.

Financial impactA two-person household can

save, on average, more than

$10,175 a year by downsizing

to one car, the American Pub-

lic Transportation Association

found. Households near public

transit drive an average of 4,400

fewer miles annually than house-

holds with no access to public

transit.

environmental impactPublic transportation use in the

United States reduces the coun-

try’s carbon emissions by 37 million

metric tons annually, according to

the American Public Transportation

Association. That is the combined

amount that would be saved if New

York, Atlanta, Denver, Los Angeles

and Washington, D.C., all stopped us-

ing electricity.

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Page 7: 2016-01-17 - VEGAS INC - Las Vegas

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A light rail system stands to boost values throughout the

community. Studies show that a rail line generally leads to

higher property values and rent. How much of an increase depends

on a number of factors, including the frequency of the transit service.

And while some research indicates that property values dip before

lines become operational, there’s ample evidence pointing to an

overall benefi t. A recent study of single-family homes in Charlotte,

N.C., from 1997 to 2008, for example, found that after a period

of mixed effects during construction periods, values rose after

completion.

And while there have been concerns that gentrifi cation related to higher

property values can displace residents, proponents of light rail say it can

help improve substandard housing and lead to beautifi cation if routed

through underdeveloped areas.

Construction jobs morph into permanent retail jobs. Rail stations

transform into commercial hubs. These are some of the effects

proponents say take place with light rail.

In Southern Nevada, that could mean more development in areas such

as downtown and North Las Vegas. Other cities have seen light rail

stimulate business development in underserved areas. With it comes

jobs.

Take Minneapolis. The city was able to spark development with its

Green Line corridor while avoiding gentrifi cation because the city

and state governments helped support development of affordable

housing.

In Minneapolis, small businesses started cropping up along the

light rail line . A $30 million brewery opened in part because it

found a location close to the rail line and close to a bike trail. A facility for

seniors expanded and hired 100 workers because demand increased.

Similar changes could take place in Las Vegas. Light rail proponents argue

that Las Vegas already loses commerce because of a lack of mobility. “It’s

costing us billions by not having light rail,” said Tom Skancke, former head

of the Las Vegas Global Economic Alliance.

Skancke recalled a recruiting dinner at New York-New York with

businesspeople from Europe. After 45 minutes pitching them on why

Las Vegas would be a great city for their company, the executives

started complaining about the lack of public transportation connecting

McCarran International Airport.

“Why should I move my company here when my employees in Vienna

don’t have cars?” a representative asked, according to Skancke.

It’s a question that could be answered if the city had light rail, Skancke

said.As has been the case in other cities, light rail also likely would attract

small businesses, especially if the stations encouraged the development

of housing or shopping.

“Anywhere that creates traffi c, businesses spring up,” said Len

Krick, a business broker in Las Vegas. “That’s fact.”

Even in highly developed public transit systems — in New York or

Washington, D.C., for example — trains do not always deliver their

riders to the exact point they need to be. Sometimes, the commuters

need to go farther. That’s where ride-hailing companies such as Uber

and Lyft play a role.

Both companies already operate in several markets with public

transportation, including in cities with light-rail systems. Lyft, for

instance, operates in Los Angeles, San Francisco, Portland, Boston and

Dallas, where the startup has a partnership with the area’s public transit

agency. Riders of Dallas Area Rapid Transit can access Lyft through a

mobile ticketing application and receive $5 off their fi rst 10 Lyft rides.

“If we’re going to stay relevant as a transportation provider, we have to

offer options so they can make a complete trip, whether it’s for work

or fun,” DART director Gary Thomas said. “Lyft is a great way to help

them begin or end their trip if they’re not right next to a DART stop or

station.”

Lyft offi cials say 33 percent of rides in Boston originate or end near

a public transit station. The rate is about 25 percent in Chicago and

20 percent in San Francisco. Given Las Vegas’ sprawl, it’s likely there

would be a similar impact here.

A look into the future of businessImagine it’s 2026. Light rail stations around the valley have become hubs for retail shops and restaurants. Small businesses have moved into the area surrounding the stations. The value of real estate has risen.

R E A L E S T A T E

R I D E - S H A R I N G

C O M M E R C I A L D E V E L O P M E N T

S M A L L B U S I N E S S

— Daniel Rothberg

A look into the future of businessImagine it’s 2026. Light rail stations around the valley have become hubs for retail shops and restaurants. Small businesses have moved into the area surrounding the stations. The value of real estate has risen.

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Page 10: 2016-01-17 - VEGAS INC - Las Vegas

With its iconic theme parks, warm weather and popularity as a convention destination, Orlando is an easy comparison to Las Vegas, and its commuter rail system gives the area a

bragging right over the Strip.

SunRail opened in May 2014 as a nearly 32-mile system with 12 stations along a north-south route. The state bought 61 miles

of existing tracks that had been owned and used by the CSX Transportation railroad, then “brought them up to daily commuter

rail standards,” said Steve Olson, a Florida Department of Transportation spokesman.

SunRail cost $1.2 billion, according to the Orlando Sentinel, including $615 million for capital costs. The project was backed

by federal, state and local public funds.

For the first seven years, the state transportation department will operate the system. After that, local governments will be in charge.

For now, the system has a more limited schedule than larger rail lines in other cities. It operates only Monday through

Friday, although it could operate on the weekends, Olson said.

During its first year, SunRail reported nearly 900,000 fare-paying riders, with an average daily ridership of about 3,700,

according to media reports.

“Our core commuters are just totally sold on it, and they’re really a loyal bunch,” Olson said. “The challenge, though, is you

need to keep growing that number and bringing new people into the system. That’s where we’re at right now.”

Ridership numbers are expected to grow, thanks to SunRail’s second phase expansion, which is under way. The next phase includes a 17.2-mile southern addition and a 12-mile northern

addition. Both are set to be operational by late 2017.

While Phoenix may not have as dominant a tourism industry as Las Vegas, it is comparable in other ways, namely because it’s

also a sunny Southwestern city with suburban sprawl.

With 4.5 million residents, the Phoenix area is home to more than twice as many residents as Clark County and is one of the

nation’s largest metros. Given that, it’s not surprising Phoenix has taken more aggressive steps to move its people around faster.

The first installment of the region’s light rail system, a 20-mile line that’s part of the Valley Metro public-transit system, was

completed in December 2008. It since has been extended to 23 miles, with plans to add more this year. It serves Phoenix as well

as the neighboring cities of Tempe and Mesa.

The first 20 miles of light rail cost $1.4 billion to build and was financed by local and federal funds. Phoenix voters in 2000

approved a 0.4 percent sales tax increase to pay for public-transit improvements, including light rail. Voters in Maricopa County in

2004 extended an older half-cent sales tax, agreeing to use some of the money to fund the capital costs of building light rail.

The light rail’s operating costs are covered by the cities where the system operates, Valley Metro spokeswoman Susan Tierney said. The light rail has an annual ridership of about 14.3 million

and an average weekday ridership of more than 43,000.

And the system is poised for growth. Phoenix voters in 2015 approved a major transportation initiative, Proposition 104, that raises the 0.4 percent sales tax to 0.7 percent. It it

expected to raise billions of dollars to help fund an ambitious long-term transportation plan that includes tripling the length

of the light rail system in the city.

O R L A N D O p h O e N i x

M e t r o a r e a p o p u l at i o n

2 .3 m i l l i o nM e t r o a r e a p o p u l at i o n

4 . 5 m i l l i o nc o s t o f s u n r a i l p r oj e c t

32 miles = $1.2 billion c o s t o f p r oj e c t

20 miles = $1.4 billion

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Page 11: 2016-01-17 - VEGAS INC - Las Vegas

San Diego launched its light rail system in 1981, making it something of a pioneer.

Known as the San Diego Trolley, the system began as a 15-mile line that ran from the Mexico border into downtown San Diego. It was built for about $7 million a mile, which Metropolitan Transit

System CEO Paul Jablonski called “almost unheard of” because it it was built on old freight tracks.

As did Denver, San Diego kicked off the project without any federal funds.

At one point, the San Diego system had a farebox recovery rate of well over 100 percent, according to Jablonski, meaning it received more than enough revenue from passenger fares to

cover the cost of operations. The recovery rate has fallen to about 60 percent because the system expanded, but it’s still a far better

margin than many other public-transit systems are able to achieve.

Over 25 years, the system grew to cover 54 miles, as operators added more lines. The economic impact of the

trolley has been massive, Jablonski said. The trolley moves 110,000 people or more each day.

One of the particular benefits for San Diego has been that service workers who may not make enough money to live in more

expensive parts of the city can commute using light rail.

“San Diego, to some extent, is kind of like a mini-Vegas,” Jablonski said. “(Light rail) has had a huge impact on people

getting to these jobs and making downtown San Diego vibrant and productive and successful, because we deliver the workers

there that make all that work.”

And as in other cities, the footprint of San Diego’s light rail system is growing. An 11-mile trolley extension, expected to begin service in

2021, will run from downtown San Diego to University City.

Residents of Denver have used light rail for more than 20 years, and the system continues to grow.

Denver’s original 5.3 miles of light rail opened in 1994 to connect a limited portion of the city’s central core. Denver paid for the construction using entirely local money, said Scott Reed,

of Denver’s Regional Transportation District.

The district has expanded the line since, adding a southwest corridor in 2000, another line in downtown Denver in 2002

and a southeast corridor in 2006. The system got a green light from the public for its largest expansion in 2004, when voters approved FasTracks, which is bringing 122 miles of additional light rail and commuter rail to the Denver area, as well as 18

miles of bus rapid transit and new transit stations. New light rail lines are expected to open this year.

While FasTracks was approved by voters at a budget of $4.7 billion, the cost has grown by billions of dollars. The project

has its critics, but Reed said it has been a net positive for the Denver region. Even the original 5.3 miles brought noticeable

changes, Reed said, as businesses wanted to locate near the line and residents prized living nearby. Upgrades to Denver’s Union

Station brought even more development.

“As an area native, it has been gratifying to see how investments in commuter rail, light rail and other forms of transit

have positively shaped the Denver metro area,” Reed said. “It really becomes an investment for future generations, as well as

the current riders. That’s the type of legacy that I’m very proud to leave for my children and beyond.”

d e n v e r s a n d i e g o

M e t r o a r e a p o p u l at i o n

2 . 7 m i l l i o nM e t r o a r e a p o p u l at i o n

3 . 3 m i l l i o nc o s t o f p r oj e c t

48 miles and growingc o s t o f s a n d i e g o t r o l l e y p r oj e c t

54 miles (initial phase cost $7 million a mile)

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Page 12: 2016-01-17 - VEGAS INC - Las Vegas

By megan messerlystaff writer

North Las Vegas could become the “breadbasket” of the valley, the city’s mayor has said.

The city took a step toward that future in 2015 when Faraday Future announced plans to build a $1 billion auto manufacturing plant in North Las Vegas’ 18,000-acre Apex Indus-trial Park, opening the door for further development of the park and broader economic diversification for the entire community.

Would light rail help the city shed its status as a bedroom community and become an economic driver for the en-tire valley?

At the least, light rail running to North Las Vegas City Hall on Las Vegas Boulevard is likely to spur economic development in that area, said Rob Lang, executive director of Brookings Mountain West, a nonprofit think tank. Rail would cut mainly through com-mercial zones, like strip malls, instead of residential areas, making it less like-ly to displace existing residents.

Light rail also would create more of a traditional downtown feel for North Las Vegas with more vertical, mixed-use development including housing and commercial, said UNLV civil engi-neering professor Hualiang Teng.

“Their city hall is right there on Las Vegas Boulevard,” Teng said. “They could naturally build a downtown, and that could connect in the future, if they are planning their industries, to the north.”

The Regional Transportation Com-mission’s current proposal for light rail doesn’t include a route to North Las Vegas. It proposes a line stretch-ing from the airport to downtown Las Vegas with an extension to Cashman Center, putting light rail very close to but not quite inside North Las Vegas city limits.

In the mid-2000s, the RTC put for-ward a 35-mile light rail plan, which would have spanned from Nevada State College in Henderson, up the Strip and up North Fifth Street in North Las Vegas. In an alternatives analysis of the plan, the RTC identified three other options for where light rail

could run in North Las Vegas — a line north on Martin Luther King Jr. Bou-levard, northeast following the exist-ing Union Pacific Railroad right of way, or northeast following Las Vegas Bou-levard North.

With so many options on the table, light rail’s benefits for North Las Ve-gas are all about which route is chosen, said Assistant City Manager Ryann Ju-den.

“Obviously light rail’s impact on North Las Vegas would depend on where it stops and starts,” he said.

So where should the system go? The city has been making a strong

push over the past few months to spur development. Bills passed during a special session of the Nevada Legisla-ture in December provide the finan-cial means to make infrastructure improvements at Apex — in the short term, to allow electric car startup Far-aday Future to open its factory and, in the long term, to pave the path for fur-ther industrial growth.

A light rail system connecting Apex with the rest of the valley could add appeal to the site and catalyze further development. But Apex has long faced the chicken-and-egg problem: “You don’t build a train to nowhere,” Juden said.

Light rail all the way to Apex would be costly. Lang said light rail “belongs in the valley,” and that workers at Apex may still need cars to commute to their jobs. “We don’t need commuter rail,” Lang said. “Apex is always going to be auto dependent.”

Indeed, many North Las Vegas resi-dents probably would have to drive their cars to a park-and-ride lot and then hop on light rail to utilize the system, though some housing likely would spring up around stations on the light rail’s route.

If light rail to Apex did happen, it likely would be as a future phase of the project after a core section is built — a line to Apex, a line to Summerlin and a line to Henderson, Teng said.

“It’s very difficult for people to give up the auto,” Teng said. “But my per-sonal feeling is as long as you provide a system that is reliable, people will fol-low.”

Mass transit would make big impact on North Las Vegas

the number of annual visitors to Las Vegas passed the

42 million mark for the first time last year, on the heels of

2014’s record-breaking 41.1 million visitors. Hotel room occupancy

on the strip, meanwhile, was 90 percent through November, up

from the previous year.

Local tourism and transportation leaders are having a serious

discussion about the need to make major infrastructure changes

to stave off a traffic armageddon. Light rail can be the solution.

“it’s really hard to even start a conversation about how you move

people in the numbers we’re talking about without immediately

having a light rail or a mass-transit conversation,” said tina

Quigley, general manager of the regional transportation

Commission. Light rail could move more visitors much faster than

expanded roads could. “at some point, you have as many cars on

a road as you can physically handle,” applied analysis principal

analyst Jeremy aguero said.

Moreover, a light rail line could be an experience for visitors,

providing them a way to take in the sights.

Key to making such a project happen, of course, is support from

the resort industry. at a recent meeting with U.s. transportation

secretary anthony foxx, organized by U.s. rep. Dina titus,

D-Nev., numerous resort executives were interested in hearing

more about a light rail project in Charlotte, N.C., where foxx had

served as mayor. and Virginia Valentine, president of the Nevada

resort association, has said members understand the strip’s

congestion problem and are open to solutions.

Convention customers are a key component to the health

of the Las Vegas tourism industry. they fill hotel rooms,

gamble, drink, dine, shop and go to shows during the week, when

leisure travelers are less likely to take a vacation.

Local leaders therefore have made it a priority to keep Las Vegas

at the forefront of attracting convention business. that’s why the

Las Vegas Convention and Visitors authority bought the riviera

hotel last year for $182.5 million, with plans to raze the building

and use it for more convention space.

But other convention cities have a selling point that Las Vegas

doesn’t: fast, high-capacity public transit. Customers who attend

a convention in san francisco, for example, can travel to and

from the airport, their hotel and the Moscone Center without ever

getting into a car. that can make a big difference.

Proposals for a Las Vegas light rail system are in part the

product of a process first put in motion more than three years

ago by rossi ralenkotter, president of the convention authority.

“(ralenkotter) told us that he’s seeing other destinations start

to market themselves as being places that are easy to get

around, places that are easy to get from your conventions to the

attractions,” the rtC’s tina Quigley said. “and that is certainly

something that we cannot market ourselves on.”

t h e s t r i p

c o n v e n t i o n s

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Page 14: 2016-01-17 - VEGAS INC - Las Vegas

Building one mile of light rail costs from $25 million to more than $100 million, depending on whether it’s built above, at or below ground level. That means

constructing a 10-mile light rail system from, say, Mc-Carran International Airport to North Las Vegas City Hall would cost from $250 million to more than $1 bil-lion . That doesn’t include the cost of a transit center at McCarran to connect the system to the airport or the construction of transit centers or hubs along the line.

The Regional Transportation Commission of Southern Nevada proposes a more extensive line wrapping around McCarran to the Bonneville Transit Center in downtown Las Vegas. Transportation offi -cials say building that system could cost $600 million to $5.7 billion , depending on whether the system trav-els above, at or below ground level.

RTC offi cials also propose running a bus rapid tran-sit or a light rail line down Maryland Parkway from downtown to the airport. That project doesn’t have a cost estimate yet, but a light rail route would need to be at least six miles long to span the parkway, which means it would cost roughly $150 million to more than $600 million just to lay the rail.

Expanding the Bonneville Transit Center is ex-pected to cost $5 million to $11 million, and a light rail extension to Cashman Center would cost $128 million to $200 million. Building a new transit center at Mc-Carran to link the light rail system to the airport is ex-pected to cost $300 million to $360 million.

The plan likely would require a patchwork of fund-ing approach es , cobbled together from a number of lo-cal, state and federal sources.

Here’s a look at some of the possibilities.— Megan Messerly

HOW DO WE PAY FOR IT?Light rail could transform the future of Las Vegas — but the future comes with a hefty price tag

OPTION 1

ROOM TAX

OPTION 2

RIDE FEES

BUILDING ON EXISTING FINANCE STRUCTURES

Since the late 1950 s, visitors to Las Vegas have been charged a tax on top of the cost of their hotel rooms. Although initially intended to pay for efforts to boost tourism, a decreasing percentage of the money has been reinvested in tourism, from almost 100 percent to about 35 percent . Portions of the money, for instance, now pay for education. One percent goes toward transportation projects.

Anyone staying in a hotel room in the state . The amount varies by jurisdiction , with the bulk coming from Southern Nevada .

Every time someone boards an airplane in Las Vegas, he or she pays a small fee that goes to McCarran International Airport. The passenger facility charge, managed by the federal government, is collected by airports to fund large-scale infrastructure projects.

The maximum airports are allowed to charge by law is $4.50 per segment. McCarran charges $4.50.

Air travelers. Airlines collect the fee when people book their airplane tickets, then pass the money along to airports.

OPTION 3

FEDERAL FUNDING

WHAT IS IT? WHO PAYS IT?

HOW MUCH IS IT?

It used to be 5 percent for resorts; today, it’s 12 percent on the Strip and 13 percent downtown.

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HOW DO WE PAY FOR IT?

Increasing the fee would require congressional approval. The fee hasn’t increased in 15 years.

Taxes provide a stable, signifi cant funding source for transportation projects. For instance, Phoenix recently approved a sales tax increase from 0.4 percent to 0.7 percent that is expected to generate almost $17 billion to ward the city’s $32 billion, 35-year transportation plan. ¶ The Regional Trans-

portation Commission of Southern Nevada proposes using money from two existing taxes in Clark County to help pay for light rail in Southern Nevada. ¶ Room tax from the resort corridor also could be used to fund projects if approved by the Nevada Legislature, although the RTC isn’t considering that .

In fi scal year 2014, Southern Nevada brought in $565 million in room tax. Of that, $179 million went to the Las Vegas Convention and Visitors Authority, $139 million to the State Distributive School Account and $78 million to the Clark County School District.

The 1 percent of room tax that goes to transportation projects could be used to pay for a light rail system. But RTC offi cials aren’t considering that for now. “It’s certainly a potential funding source, it’s just not one we’re talking about actively right now,” General Manager Tina Quigley said.

Yes, but it would need approval by two-thirds of the Nevada Legislature. State lawmakers also could choose to change the laws that specify where money generated by the tax goes.

It’s too soon to say. But based on the $565 million generated in 2014, a 1 percent increase would net about $47 million and a 2 percent increase about $94 million.

Nationally , the fee brings in about $3 billion each year, which airports use to fi nance infrastructure projects. McCarran generated almost $84 million in passenger fees during the last fi scal year.

Revenue generated by the passenger fee charge can be used to fi nance special projects at the airport such as a new terminal or transit center at to connect the airport to a light rail system . Streamlining travel between McCarran and the Strip could make Las Vegas more competitive with other tourist destinations that already have or are building transit systems that connect to their airports. The passenger facility charge, however, couldn’t be used to fund the light rail system itself, and the money McCarran collects is allotted toward other projects.

■ Federal Highway Administration

■ Federal Transit Administration

■ U.S. Department of Transportation

■ Federal Railroad Administration

■ Department of the Treasury

OPTION 3

FEDERAL FUNDING

Money from a number of federal grants could be applied toward building light rail.Funding for the grant programs are authorized by Congress in the federal budget.

Agencies that administer transportation grants:

HOW MUCH MONEY DOES IT GENERATE?

HOW COULD IT BENEFIT LIGHT RAIL?

CAN IT BE INCREASED?

HOW MUCH MORE COULD IT GENERATE?

In 2015, airports urged Congress to raise the fee to $8.50 per segment as part of its reauthorization of the Federal Aviation Administration funding bill. The measure failed.

Orlando, one of Las Vegas’s

biggest competitors for conventions, plans

to build a maglev route between its main

convention center and airport.

In 2014,

Americans took 10.8 billion trips on

public transportation, the highest number in 58 years, according to the American Public

Transportation Association. People boarded public

transportation 36 million times each

weekday.

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E Sh

FAREBOx REvENuE

Money generated from charging fares to public transit riders can be used as collateral for revenue bonds. That type of

financing was used to pay for the Bay Area Rapid Transit in San

Francisco, the Metropolitan Transit Authority in Los Angeles and

the Regional Transit Authority

in Chicago.

OthER LOCAL FuNDING OPtIONS

While some people argue that mass transit in Las Vegas would be a public

service and therefore should be free, the RTC isn’t considering free light rail because fares could provide important funding for the project, both to back revenue bonds and to entice a private company to invest in the system.

That said, if there were a way to build light

rail and provide free rides, Quigley would be open to hear it.

“If the community supported free transit and we could find a funding mechanism for it, we certainly could see exploring that conversation,” Quigley said.

Denver, Colo., and Trenton, N.J., experimented with fare-free transit in the late 1970s, as did Austin, Texas, in 1989, and

all were considered unsuccessful. Fare-free systems, however, have succeeded for smaller transit systems in Commerce, Calif., and Amherst, Mass.

Because free mass transit hasn’t been attempted many places, it’s difficult to know how much making a Las Vegas system free would cost. Fares typically pay for all or some of the costs of operation and maintenance.

OPtION 4

BLM LAND SALES

the cost of free transit

Southern Nevada is unusual in that much of our land is owned by the federal government. Under the Southern Nevada Public Lands Management Act, money from the sale of certain public lands designated under the act can be applied toward preservation efforts, capital improvements and conservation initiatives — and potentially building a light rail system in Las Vegas.

It is land owned by the federal government and overseen by the Bureau of Land Management. In Southern Nevada, the bureau oversees 3.1 million acres of federal land. It is used in a number of ways but generally is open, empty space. One of the reasons land remains under BLM control is to stop urban sprawl.

In 1998, Congress enacted the Southern Nevada Public Lands Management Act to provide the federal government an organized way to sell land in Southern Nevada. Parcels of land to be sold are selected by local governments and the Bureau of Land Management. The sales take place fairly regularly.

The Southern Nevada Public Lands Management Act outlines a number of projects it can fund, including capital improvements, conservation initiatives and the creation of parks, trails and natural areas. Rob Lang, director of Brookings Mountain West, believes there’s a strong case to be made that light rail would contribute to conservation by reducing urban sprawl. Therefore, revenue generated by selling public land at the edge of town could, in turn, fund a system that encourages density. Lang said a light rail system could persuade fewer people to live on the periphery of the valley and thereby fulfill the mission of land conservation and increased residential density.

It’s not clear, but Lang estimated anywhere from a couple hundred million to a billion dollars. The amount would depend on how much land the BLM would be willing to sell and whether officials would allocate the money to a light rail project.

BLM-controlled land

Las Vegas

WhAt IS It?

hOW CAN It BE SOLD?

hOW COuLD It BENEFIt LIGht RAIL?

hOW MuCh MONEy COuLD BE GENERAtED?

n tAx INCREMENt FINANCING AND SPECIAL ASSESSMENt DIStRICtSTaxes and fees can be applied to a group of properties to fund transit construction or other improvements within a specific area.

n PuBLIC-PRIvAtE PARtNERShIPPublic agencies can form partnerships with private entities to construct, manage or operate projects such as a light rail system. In exchange for an upfront investment, the private entity typically receives a portion of fare revenue.

SNPLMA DISPOSAL BOuNDARy

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Calendar of eventsWednesday, Jan. 20

Southern Nevada CCIM Chapter luncheon

Time: 11:30 a.m.-1:30 p.m. Cost: $60

Location: Palms, 4321 W. Flamingo Road,

Las Vegas

Information: Visit snccim.org

Exchange business cards with professionals

in the commercial and investment real estate

industries and plan for the new year.

Thursday, Jan. 21 Clark County Bar Association luncheon

Time: Check-in begins at 11:30 a.m. Cost: Free

Location: Place on 7th, 115 N. Seventh St., Las

Vegas

Information: Visit clarkcountybar.org

Mark Rowland, CEO of DTP Ventures, will speak

about changes to downtown Las Vegas. There

also will be a welcoming presentation for incom-

ing bar association president Cathy M. Mazzeo.

NAIOP Commercial Real Estate Development

Association Southern Nevada Chapter: Forecast

2016 - Finding a Way Back

Time: 8 a.m.-12 p.m. Cost: $60 for early registra-

tion, free for president’s circle sponsors,

$80 for registration without RSVP

Location: Orleans, 4500 W. Tropicana Ave.,

Las Vegas

Information:

Visit naiopsouthernevada.wildapricot.org

Local experts will give a short-term future mar-

ket analysis and economic forecast, as well as

discuss national commercial real estate trends.

State of Economic Development breakfast

Time: 7-8:30 a.m. Cost: $50 for early bird regis-

tration, $60 on the day of the event

Location: Four Seasons, 3960 Las Vegas Blvd.

South, Las Vegas

Information: Email [email protected]

Steve Hill of the Governor’s Office of Economic

Development and Jonas Peterson of the Las

Vegas Global Economic Alliance will speak about

Nevada’s economy and what to expect in 2016.

saTurday, Jan. 23 Women’s Club of Summerlin

installation luncheon

Time: 11 a.m.-1 p.m. Cost: $35

Location: Canyon Gate Country Club, 2001 Can-

yon Gate Drive, Las Vegas

Information: Email [email protected]

Get to know the members of the Women’s Club

of Summerlin and welcome new officers for 2016.

Tuesday, Jan. 26 BOMA Nevada breakfast meeting

Time: Registration begins at 7:30 a.m. Cost: $35

for members with advance registration, $40 for

nonmembers with advance registration, $45 for

members without advance registration, $40 for

nonmembers without advance registration

Location: Las Vegas Country Club, 3000 Joe W.

Brown Drive, Las Vegas

Information: Visit bomanevada.org

Christopher Hoye of the U.S. Marshals Service

will discuss precautions people can take in light

of recent terror attacks.

Thursday, Jan. 28 North Las Vegas State of the City

Time: 11:30 a.m.-1 p.m. Cost: $45

Location: Texas Station, 2101 Texas Star Lane,

North Las Vegas

Information: Visit cityofnorthlasvegas.com

Mayor John Lee will discuss North Las Vegas’

economic outlook, while Las Vegas Metro Cham-

ber of Commerce President and CEO Kristin

McMillan will provide a business outlook.

Asian Chamber of Commerce luncheon

Time: 11:30 a.m.-1 p.m. Cost: $35 for members,

$45 for nonmembers

Location: Gold Coast, 4000 W. Flamingo Road,

Las Vegas

Information: Visit lvacc.org

Rick Arpin of MGM Resorts International will

speak about T-Mobile Arena, the AEG/MGM

project being built between the Monte Carlo and

New York-New York.

Friday, Jan. 29 Preview Las Vegas 2016

Time: 7 a.m.-1:30 p.m. Cost: $65 for members

and trustees, $85 for nonmembers

Location: UNLV, 4505 S. Maryland Parkway,

Las Vegas

Information: Visit PreviewLasVegas.com

Network with almost 2,000 business profession-

als and learn about key business indicators from

experts during the Las Vegas Metro Chamber

of Commerce’s largest business forecasting and

networking event of the year.

Conventions ExPECtED ShOW LOCAtION DAtES AttENDANCE

Kitchen and Bath Industry Show Las Vegas Convention Center Jan. 19-21 33,000

International Builders Show Las Vegas Convention Center Jan. 19-21 60,000

Shooting, hunting and Outdoor trade Show Sands Expo and Convention Center Jan. 19-22 62,000

Surfaces 2016 Mandalay Bay Jan. 20-22 25,000

AVN Adult Entertainment Expo Hard Rock Hotel Jan. 20-23 25,000

Sports Licensing and tailgate Show Las Vegas Convention Center Jan. 24-26 4,000

Las Vegas Market – Winter World Market Center Jan. 24-28 50,000

Bick International - Coin, Currency, Jewelry and Stamp Expo Las Vegas Convention Center Jan. 28-30 1,000

Vacuum Dealers trade Association

VDtA 2016 Annual tradeshow Las Vegas Convention Center Jan. 28-30 2,600

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Records and TransactionsBANKRUPTCIESCHAPTER 7RLP-Comstock DR LLC316 Lingering LaneHenderson, NV 89102Attorney: RLP-Comstock DR LLC

CHAPTER 11Elm Uptown Acquisition LLC4325 Dean Martin Drive, Unit 340Las Vegas, NV 89103Attorney: Samuel A. Schwartz at [email protected]

Mohave Agrarian Group LLC8912 Spanish Ridge Ave.Las Vegas, NV 89148Attorney: Brett A. Axelrod at [email protected]

BID OPPORTUNITIESTUESDAY, JAN. 193 p.m.ARC for fastenersClark County, 603815Chetan Champaneri at [email protected]

THURSDAY, JAN. 212:15 p.m.Fire Station No. 22: Fuel station installationClark County, 603931Ashley Blanco at [email protected]

2:15 p.m.Eastern Avenue: Wigwam to Warm Springs, Serene to I-215 and I-215 rampsClark County, 603879Ashley Blanco at [email protected]

3 p.m.Legal service to obtain perma-nent guardianships for children in county’s custodyClark County, 603933Sherry Wimmer at [email protected]

FRIDAY, JAN. 222:15 p.m.Traffic safety and roadway im-provements: Buffalo Drive, Gomer Road to Richmar AvenueClark County, 603903Tom Boldt at [email protected]

BROKERED TRANSACTIONSSALES$2,002,600 for 16,864 square feet, office/industrial7115 Bermuda Road, Las Vegas 89119Seller: Silver State Gateway Ltd.

Seller agent: Did not discloseBuyer: McBeath Holdings LLC Series TTBuyer agent: Greg Pancirov and Mike DeLew of Colliers Interna-tional

$1,510,000 for 113 units, motel704 Nevada Highway, Boulder City 89005Seller: US Bankruptcy TrusteeSeller agent: Charles ConnorsBuyer: Bal GosalBuyer agent: Did not disclose

$1,147,825 for 6,559 square feet, office6690 Montecito Parkway, Las Vegas 89149Seller: 6630 Grand Montecito LLCSeller agent: Stacy Scheer, Grant Traub and Chris Connell of Colliers InternationalBuyer: MTM Investment LLCBuyer agent: Did not disclose

$1,400,000 for 91 spaces, mobile home park1501 Nevada Highway, Boulder City 89005Seller: US Bankruptcy TrusteeSeller agent: Charles Connors of Colliers InternationalBuyer: RPS HomesBuyer agent: Did not disclose

$1,000,000 for 1.4 acres, landSouthwest corner of Craig and Revere Street, Las VegasSeller: RREF II - K1 Promenada LLCSeller agent: Lauren Tabeek of VoitBuyer: Upper Image ServicesBuyer agent: Tony Amato of Avi-son Young

LEASES$701,400 for 14,028 square feet for 62 months, retail6525 S. Fort Apache Road, Las Vegas 89148Landlord: Montery Vista Village Shopping CenterLandlord agent: Liz Clare and Jackie Young of Avison YoungTenant: Dollar Tree StoresTenant agent: Lisa Callahan of Sage Commercial Advisors

$272,640 for 3,200 square feet for 63 months, retail, NNN investment213 N. Stephanie St., Suites H and I, Henderson 89074Landlord: Roxbury Advisors LLCLandlord agent: Nelson Tressler and Michael Zobrist of Newmark Grubb Knight FrankTenant: Pacific Fitness Inc.Tenant agent: Martin M. Toumaian of Keller Williams Realty

$154,800 for 1,600 square feet for 60 months, retail, NNN investment237 N. Stephanie St., Suite J, Hen-derson 89074Landlord: Roxbury Advisors LLCLandlord agent: Nelson Tressler and Michael Zobrist of Newmark

Grubb Knight FrankTenant: Jin Kuk YouTenant agent: Celine Kim of United Realty Group

$82,343 for 1,185 square feet for 60 months, office 2675 S. Jones Blvd., Suite 103, Las Vegas 89146Landlord: 12KP Family TrustLandlord agent: Soozi Jones Walker and Bobbi Miracle of Com-mercial Executives Real Estate ServicesTenant: Custom Fit Franchise Solu-tions LLCTenant agent: Did not disclose

BUSINESS LICENSESOffice WorksLicense type: Business supportAddress: 1717 S. Decatur Blvd., Suite B28, Las Vegas 89102Owner: Elizabeth Donner

On the Edge Promotions Inc.License type: Professional promoterAddress: 2360 Corporate Circle, Suite 400, Las Vegas 89074Owner: Paul Smith

Pampered by PenneLicense type: Independent mas-sage therapistAddress: Did not discloseOwner: Penelope Lohr

Paper King LLCLicense type: General servicesAddress: Did not discloseOwner: Mark Giarratana

Patricia E. GaitherLicense type: Real estate salesAddress: 1820 E. Sahara Ave., Suite 101, Las Vegas 89104Owner: Patricia E. Gaither

Planet FitnessLicense type: Fitness centerAddress: 260 E. Lake Mead Park-way, Henderson 89015Owner: Planet Fitness

Pool MastersLicense type: Residential property maintenanceAddress: Did not discloseOwner: Clarity Services LLC

Power Play SportscardsLicense type: Sales - sports cardAddress: 1300 W. Sunset Road, Henderson 89014Owner: Power Play Sportscards

Premier Medical Billing Services Inc.License type: Business supportAddress: 5715 W. Alexander Road, Suite 155, Las Vegas 89130Owner: Mechelle Patton

Professional Tree ServiceLicense type: Residential property maintenanceAddress: Did not disclose

Owner: Ramiro Ruiz Quiroz

RJK Asset Management Inc.License type: Business supportAddress: 10501 W. Gowan Road, Suite 260, Las Vegas 89129Owner: Robert J. Keyes Jr.

Robert John BartholomewLicense type: PhotographyAddress: Did not discloseOwner: Robert J. Bartholomew

Sam AuctionsLicense type: Auction and auc-tioneersAddress: 7530 W. Lake Mead Blvd., Las Vegas 89128Owner: Surplus Asset Manage-ment Inc.

Santa Ana TireLicense type: Automotive garageAddress: 1961 E. Charleston Blvd., Las Vegas 89101Owner: Jose Hernan Soilis

Save-A-LotLicense type: GroceryAddress: 6100 Vegas Drive, Las Vegas 89108Owner: Moran Foods LLC

SedaLicense type: Janitorial serviceAddress: 3701 Bordley Way, North Las Vegas 89030Owner: Jose Garza

Sheri A. AyresLicense type: Real estate salesAddress: 706 S. Eighth St., Las Vegas 89101Owner: Sheri A. Ayres

Smog Be GoneLicense type: Automotive garageAddress: 2401 N. Decatur Blvd., Las Vegas 89108Owner: Alterdo Investments LLC

Smoke and Mini MartLicense type: Sales - tobaccoAddress: 2249 N. Green Valley Parkway, Henderson 89014Owner: Smoke and Mini Mart

Sposato Staffing LLC License type: Employment agencyAddress: 6455 Dean Martin Drive, Suite E, Las Vegas 89118Owner: Perlita Iniguez

Stephen Newman Authorized Dealer of SnapLicense type: SalesAddress: 127 Sterling Drive, Hen-derson 89015Owner: Stephen Newman Autho-rized Dealer of Snap

Steve Arrington AgencyLicense type: Insurance agencyAddress: 4530 E. Charleston Blvd., Suite D-3, Las Vegas 89110Owner: William Arrington

Stoned N Baked

License type: Food services or cafeAddress: 707 Fremont St., Suite 2310, Las Vegas 89101Owner: Tomorrow People LLC

Sushi Bar SageLicense type: Restaurant Address: 4408 N. Rancho Drive, Las Vegas 89130Owner: Hazel LLC

Telrite Corp.License type: Professional servicesAddress: 4113 Monticello St., Las Vegas 30014Owner: Kelly Jessel

Terramind LLCLicense type: Hypnotherapy Address: 8987 W. Flamingo Road, Las Vegas 89147Owner: Anita Babinszki-Saldana

The Genesis of Hair & BeyondLicense type: CosmeticsAddress: 1815 W. Charleston Blvd., Suite 2, Las Vegas 89102Owner: JDW Corp.

The Hammer Co. LLCLicense type: Management or consulting serviceAddress: Did not discloseOwner: Ian Hammer

The Lucky Little Chapel DowntownLicense type: PhotographyAddress: 707 Fremont St., Suite 3330, Las Vegas 89101Owner: Jaxon Enterprises Inc.

The UPS Store License type: UPS store franchiseAddress: 2657 Windmill Parkway, and 4616 W. Sahara Ave., Suite 1, Henderson 89074Owner: The UPS Store

Three Rs Trust Co. LLCLicense type: Trust companyAddress: 2300 W. Sahara Ave., Suite 800, Las Vegas 89102Owner: Lewis Linn

Toro Tax ServicesLicense type: Business supportAddress: 4532 W. Charleston Blvd., Las Vegas 89107Owner: Maria Galindo

Travel AssociatesLicense type: Travel or ticket agencyAddress: 516 Holick Ave., Hender-son 89011Owner: Travel Associates

Twenty47Atm Inc.License type: Automated teller operatorAddress: 3851 Pennwood Ave., Suite 165 and 8251 W. Charleston Blvd., Las Vegas 89102Owner: Joshua R. Works

U Star Mobile TaxesLicense type: Business supportAddress: 800 N. Rainbow Blvd., Suite 140, Las Vegas 89107

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Owner: U Star Communications LLC

Ultra Express LLC Shuttle Co.License type: Travel and ticket agencyAddress: 3001 E. Charleston Blvd., Suite H, Las Vegas 89101Owner: Ultra Express LLC

V Squad ProductionsLicense type: Professional promoterAddress: 5645 Wedgefield St., Las Vegas 89081Owner: Vegas Squad Productions LLC

Vigilante Photography Inc.License type: PhotographyAddress: Did not discloseOwner: James Vigilante

Vogl Construction LLCLicense type: Contractor Address: 35 N. Mojave Road, Las Vegas 89101Owner: Jeffrey Vogl

Wafa Abu-HashishLicense type: Real estate salesAddress: 6628 Sky Pointe Drive, Suite 200, Las Vegas 89131Owner: Wafa Abu-Hashish LLC

Weiliang PingLicense type: ReflexologistAddress: 9480 S. Eastern Ave., Suite 175, Henderson 89074Owner: Weiliang Ping

Women’s Health Associates of Southern NVLicense type: Medical officeAddress: 861 Coronado Center Drive, Suite 131, Henderson 89052Owner: Women’s Health Associ-ates of Southern NV

Zen Me LLCLicense type: Healing spaAddress: 80 N. Pecos Road, Suite A, Henderson 89074Owner: Zen Me LLC

A Travel DeskLicense type: Travel or ticket agencyAddress: 89 Day Trade St., Suite 3, Henderson 89074Owner: A Travel Desk

ABC ATMLicense type: Automated teller operatorAddress: 2307 Las Vegas Blvd. South, Las Vegas 89104Owner: Abcatm LLC

Abebe Courier & DeliveryLicense type: Sales/serviceAddress: 3417 Conterra Park Ave., North Las Vegas 89081Owner: Solomon Bereket

AFW Cleaning LLCLicense type: Janitorial serviceAddress: 4107 W. Cheyenne Ave., North Las Vegas 89030Owner: AFW Cleaning LLC

AGC Design LLCLicense type: General retail salesAddress: 2620 Regatta Drive, Suite 102, Las Vegas 89128Owner: Cheryline Phillip

Ameripro Home LoansLicense type: Mortgage lendingAddress: 1489 W. Warm Springs Road, Suite 110, Henderson 89014Owner: Ameripro Home Loans

Anniys Massage SpaLicense type: Massage establish-mentAddress: 8000 W. Sahara Ave., Suite 140, Las Vegas 89117Owner: Qinqi Lu

Arias Music Co. License type: Phonograph storeAddress: 2021 E. Charleston Blvd., Las Vegas 89101Owner: Richard Garcia

Artistic Powder Coating and Plasma CuttingLicense type: Manufacturing, light assembly and fabricationAddress: 105 W. Charleston Blvd., Las Vegas 89102Owner: American Powder Coating and Plasma Cutting LLC

Azteca ServicesLicense type: Business supportAddress: 1705 S. Eastern Ave., Las Vegas 89104Owner: Azteca Services Corp.

BarspoutLicense type: General retail salesAddress: Did not discloseOwner: Barspout LLC

Battle Born Landscape Architec-ture LLCLicense type: Residential property maintenanceAddress: 2052 Vegas Valley Drive, Las Vegas 89169Owner: Kenon Burns

BKS Group LLCLicense type: Rental propertyAddress: 3434 Aristos Ave., North Las Vegas 89030Owner: BKS Group LLC

BKS Vape N Smoke LLCLicense type: Sales - vapesAddress: 5725 Losee Road, North Las Vegas 89081Owner: BKS Vape N Smoke LLC

Black EccoLicense type: General retail salesAddress: Did not discloseOwner: Black Ecco LLC

Bob’s Smoke ShopLicense type: Sales/serviceAddress: 150 E. Centennial Park-way, North Las Vegas 89084Owner: Platinum Management Group 3 LLC

Body Spa DowntownLicense type: CosmeticsAddress: 725 Las Vegas Blvd. South, Suite 240, Las Vegas 89101Owner: Body Spa Inc.

Bombshell LV LLCLicense type: CosmeticsAddress: 150 Las Vegas Blvd. North, Suite 140, Las Vegas 89101Owner: Bombshell Enterprises LLC

Breakthru Beverage Nevada LLCLicense type: Interjurisdictional businessAddress: 1849 Cheyenne Ave., North Las Vegas 89032Owner: Breakthru Beverage Nevada LLC

Brenda ChavezLicense type: Real estate salesAddress: 7495 W. Azure Drive, Suite 206, Las Vegas 89130Owner: Brenda Chavez

Brush Boutique SalonLicense type: CosmeticsAddress: 1501 W. Sahara Ave., Las Vegas 89109Owner: Titojimy LLC

BSR Plumbing Inc.License type: Contractor Address: Did not discloseOwner: Andrean Borisov

BST LLCLicense type: Management or consulting serviceAddress: Did not discloseOwner: BST Conference Event Management LLC

Camila WirelessLicense type: General retail salesAddress: 4421 E. Bonanza Road, Las Vegas 89110Owner: Diana Cabrera

Casa BlancaLicense type: Banquet or event establishmentAddress: 1401 Las Vegas Blvd.

North, Las Vegas 89101Owner: Daniel Leon

Certified Pools & SpasLicense type: Residential property maintenanceAddress: Did not disclose Owner: Charles Mccally

Claymore Development LLCLicense type: Consulting serviceAddress: 72 John Stuart Mill St., Henderson 89002Owner: Claymore Development LLC

Clearinghouse CDFILicense type: Finance companyAddress: 2300 W. Sahara Ave., Suite 1110, Las Vegas 89102Owner: Clearinghouse Community Development Financial Institute

Clinical Research AdvantageLicense type: ClinicAddress: 6301 Mountain Vista St., Suite 109, Henderson 89014Owner: Clinical Research Advantage

Contreras LandscapeLicense type: Residential property maintenanceAddress: Did not discloseOwner: Gerardo Contreras-Lemus

Copper HillsLicense type: ApartmentAddress: 981 Whitney Ranch Drive, Henderson 89014Owner: Copper Hills

Cozy Air LLCLicense type: ContractorAddress: 3717 Rose Canyon Drive, North Las Vegas 89030Owner: Cozy Air LLC

Creative Behavioral ConnectionsLicense type: Professional servicesAddress: 5803 W. Craig Road, Suite 106, Las Vegas 89130Owner: Creative Behavioral Con-nections LLC

Credit Repair Doctor

License type: Business supportAddress: 3228 N. Rancho Drive, Las Vegas 89130Owner: Zyzzyx

De Etta L. Ewing Architecture Design PlanningLicense type: Professional servicesAddress: 3030 S. Durango Drive, Las Vegas 89117Owner: De Etta L. Ewing, Architec-ture Design Planning PLLC

DF Desert Inn LLCLicense type: Sales/serviceAddress: 810 E. Lake Mead Blvd., North Las Vegas 89030Owner: Neo Nevada Desert Inn LLC

DK Juhl LLCLicense type: Apartment house Address: 353 E. Bonneville Ave., Las Vegas 89101Owner: DK LV Mezz LLC

DK Ogden LLCLicense type: Apartment house Address: 150 Las Vegas Blvd. North, Las Vegas 89101Owner: DK LV Mezz LLC

Dollar Tree License type: General retail salesAddress: 3489 E. Owens Ave., Las Vegas 89101Owner: Dollar Tree Stores Inc.

Dusty Ritter Gymnastics LLCLicense type: MultivendorAddress: 850 Las Vegas Blvd. North, Las Vegas 89101Owner: Craig Ritter

Elemental Flow Props Ltd.License type: Manufacturing, light assembly and fabricationAddress: 9595 Gatesville Ave., Las Vegas 89148Owner: Cody Phillips-Turner

Erin BrewerLicense type: Real estate salesAddress: 10000 W. Charleston Blvd., Las Vegas 89145

Records and Transactions

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Records and TransactionsOwner: Erin Brewer

Escape Salon & SpaLicense type: Salon and spaAddress: 1450 W. Horizon Ridge Parkway, Suite A506, Henderson 89012Owner: Escape Salon & Spa

Evergreen Designer LawnsLicense type: Residential property maintenanceAddress: Did not discloseOwner: Roger E. Guinn

Evergreen Lawn ServicesLicense type: Property maintenanceAddress: 2509 Jubilance Point Court, North Las Vegas 89032Owner: Evergreen Lawn Services

Evergreen OrganixLicense type: Medical marijuana cultivation facility Address: 3480 W. Hacienda Ave., Las Vegas 89118Owner: NV 3480 Partners LLC

EvoLVe Family Life CoachingLicense type: Instruction services Address: Did not discloseOwner: Anette Kleeberg-Heske

Expo NailsLicense type: CosmeticsAddress: 3872 W. Sahara Ave., Las Vegas 89102Owner: Thuy Trang Thi Nguyen

Exquisite Granite & GemsLicense type: General retail salesAddress: 1717 S. Decatur Blvd., Suite H28, Las Vegas 89102Owner: Rabina Rosequist

Eye TacticsLicense type: School Address: 8661 W. Sahara Ave., Las Vegas 89117Owner: Leridz Enterprises LLC

EyeQ-MGM Inc.License type: General retail salesAddress: 3021 S. Valley View Blvd., Suite 108, Las Vegas 89102Owner: Kuang-Hua Lai

Falcon Healthcare SystemsLicense type: General retail salesAddress: 10501 W. Gowan Road, Suite 160, Las Vegas 89129Owner: Falcontek Inc.

Felipes Tacos & RestaurantLicense type: Restaurant Address: 1002 N. Rancho Drive, Las Vegas 89106Owner: Felipe’s Inc.

Fernando BanuelosLicense type: Real estate salesAddress: 581 Fork Mesa Court, Las Vegas 89015Owner: Fernando Banuelos

Fernando VargasLicense type: Bail agent/enforce-ment agent

Address: 1600 Las Vegas Blvd. South, Suite 140, Las Vegas 89104Owner: Fernando Vargas

FFA Group LLCLicense type: Professional servicesAddress: 1810 E. Sahara Ave., Suite 100, Las Vegas 89104Owner: Verenice Flores

Fisher ArtistryLicense type: General retail salesAddress: 8751 W. Charleston Blvd., Suite 190, Las Vegas 89117Owner: Fisher Artistry LLC

Frank RosenthalLicense type: Real estate salesAddress: 8400 W. Sahara Ave., Suite B, Las Vegas 89117Owner: Frank Rosenthal

BUILDING PERMITS$3,007,164, commercial - addition3040 Simmons St., North Las VegasBurr Computer Environments Inc.

$500,003, office314 S. Water St., HendersonBlue Skye Development LLC

$499,991, tenant improvement - offices314 S. Water St., HendersonBlue Skye Development LLC

$314,997, electrical3901 Donna St., North Las VegasT&M Controls Inc.

$310,000, commercial - addition7451 Eastgate Road, HendersonAlbrecht LV LLC

$300,623, roof-mounted photo-voltaic system402 Estella Ave., Las VegasSolarCity Corp.

$250,000, tenant improvement - offices1111 N. Town Center Drive, Las VegasLF Harris and Company Inc.

$229,452, residential - production2795 Richmar Ave., HendersonRyland Homes Nevada LLC

$206,700, HVAC exact change out8109 Sunset Cove Drive, Las VegasYes Air Conditioning & Plumbing

$203,258, single-family residential - production12121 Hermesa Colina Ave., Las VegasWoodside Homes of Nevada LLC

$203,258, single-family residential - production12113 Paseo Terraza Lane, Las VegasWoodside Homes of Nevada LLC

$195,904, residential - production2819 Candelaria Drive, HendersonRyland Homes Nevada LLC

$194,401, single-family residential - production9974 Rams Leap Ave., Las VegasWoodside Homes of Nevada LLC

$181,244, single-family residential - production12125 Hermesa Colina Ave., Las VegasWoodside Homes of Nevada LLC

$179,693, single-family residential - production9643 Ashlynn Peak Court, Las VegasRichmond American Homes of Nevada

$178,060, residential - new2405 Gala Haven Court, North Las VegasRichmond American Homes of Nevada

$174,675, residential - new5717 Tideview St., North Las VegasD.R. Horton Inc.

$174,040, wall/fence212 Antelope Ridge Drive, Las VegasCedco Inc.

$170,509, residential - new5721 Tideview St., North Las VegasD.R. Horton Inc.

$161,914, residential - production147 Littlestone St., HendersonKB Home Nevada Inc.

$159,714, rehabilitation329 Duchess Ave., North Las VegasHP Enterprises Inc.

$158,479, residential - new4013 Celebration Cove St., North Las VegasRichmond American Homes of Nevada

$156,202, residential - production148 Littlestone St., HendersonKB Home Nevada Inc.

$147,164, residential - production683 Narissa Ave., HendersonHacienda Trails LLC

$147,164, residential - production2476 Dragon Fire Lane, HendersonHacienda Trails LLC

$142,839, residential - production2158 County Down Lane, HendersonToll Henderson LLC

$142,395, residential - production2131 Emyvale Court, HendersonKB Home Inspirada LLC

$142,050, residential - new5036 Alejandro Way, North Las VegasWilliam Lyon Homes Inc.

$142,050, residential - new5040 Alejandro Way, North Las Vegas

William Lyon Homes Inc.

$142,050, residential - new5041 Alejandro Way, North Las VegasWilliam Lyon Homes Inc.

$141,802, single-family residential - production10016 Wildhorse Canyon Ave., Las VegasWoodside Homes of Nevada LLC

$139,900, residential - production1322 Reef Point Ave., HendersonRyland Homes Nevada LLC

$139,734, residential - production681 Narissa Ave., HendersonHacienda Trails LLC

$137,294, residential - production694 Tidal Flats St., HendersonKB Home LV Pearl Creek LLC

$132,359, residential - production679 Narissa Ave., HendersonHacienda Trails LLC

$129,475, residential - production149 Littlestone St., HendersonKB Home Nevada Inc.

$129,039, residential - new3644 Fuselier Drive, North Las VegasRichmond American Homes of Nevada

$128,644, residential - production916 Tasker Pass Ave., HendersonRyland Homes Nevada LLC

$125,553, residential - new5037 Alejandro Way, North Las VegasWilliam Lyon Homes Inc.

$122,721, residential - production2112 Emyvale Court, HendersonKB Home Inspirada LLC

$119,872, residential - new5725 Tideview St., North Las VegasD.R. Horton Inc.

$118,103, residential - new115 Heathrow Lake Ave., North Las VegasWoodside Homes of Nevada LLC

$117,368, residential - new5044 Alejandro Way, North Las VegasWilliam Lyon Homes Inc.

$117,368, residential - new5045 Alejandro Way, North Las VegasWilliam Lyon Homes Inc.

$117,276, residential - production910 Harbor Ave., HendersonKB Home LV Pearl Creek LLC

$115,303, residential - new119 Heathrow Lake Ave., North Las Vegas

Woodside Homes of Nevada LLC

$114,802, single-family residential - production9936 Wildhorse Canyon Ave., Las VegasWoodside Homes of Nevada LLC

$114,171, residential - production489 Cadence View Way, HendersonRichmond American Homes of Nevada

$113,617, residential - production1126 N. Water St., HendersonRichard Austin White

$113,617, residential - production517 Cadence Way, HendersonRichmond American Homes of Nevada

$110,125, residential - new5729 Tideview St., North Las VegasD.R. Horton Inc.

$107,961, residential - production143 Littlestone St., HendersonKB Home Nevada Inc.

$107,298, perimeter retaining wall1221 Lake Heights Court, HendersonD.R. Horton Inc.

$106,890, mechanical1111 N. Town Center Drive, Las VegasHansen mechanical Contract Inc.

$103,192, residential - production463 Fortissimo St., HendersonRichmond American Homes of Nevada

$102,859, residential - production915 Harbor Ave., HendersonKB Home LV Pearl Creek LLC

$102,527, residential - production716 Sea Coast Drive, HendersonKB Home LV Pearl Creek LLC

$100,475, residential - production2128 Via Firenze, HendersonKB Home Inspirada LLC

$100,475, residential - production3156 Del Terra Ave., HendersonKB Home Inspirada LLC

$98,260, residential - new5733 Tideview St., North Las VegasD.R. Horton Inc.

$95,500, tenant improvement - banquet hall4437 W. Charleston Blvd., Las VegasShowcase Contracting LLC

$94,242, single-family residential - production7522 Whitman Colonial St., Las VegasWoodside Homes of Nevada LLC

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The List

Source: The Nevada Taxicab Authority and Vegas INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and

thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2360 Corporate Circle, Third

Floor, Henderson, NV 89074.

Category: taxiCab operators(ranked by first 11 months of 2015 revenue

Company Revenue TripsRevenue per trip

Medallion plates Companies Top executive

1 Frias Transportation Management5010 S. Valley View Blvd.Las Vegas, NV 89118702-798-3400 • lvcabs.com

$102.2 million 7 million $14.60 1,101 ANLV Cab, Ace Cab, Union Cab, Vegas Western Cab, Virgin Valley Cab

John Marushok, CEO

2 Yellow Checker Star Transportation5225 W. Post RoadLas Vegas, NV 89118702-873-2000 • ycstrans.com

$101.9 million 6.8 million $14.98 1,181 Checker Cab Co., Star Cab Co., Yellow Cab Co.

Bill Shranko, CEO

3 Bell Trans1900 S. Industrial RoadLas Vegas, NV 89102702-739-7990 • belllimousine.com

$59.4 million 3.9 million $15.24 451 Henderson Taxi, Whittlesea Blue Cab Co.

Brent Bell, CEO

4 Desert Cab4675 Wynn RoadLas Vegas, NV 89103702-386-9102 • desertcabinc.com

$36.9 million 2.1 million $17.56 199 Desert Cab George Balaban, owner

5 Nellis Cab Co.5490 S. Cameron St.Las Vegas, NV 89118702-248-1111 • nelliscab.com

$32 million 1.9 million $16.84 194 Nellis Cab Co. Michelle Langille, CEO

6 Western Cab Co.801 S. Main St.Las Vegas, NV 89101702-736-8000 • westerncabcompany.com

$24.5 million 1.6 million $15.32 198 Western Cab Co. Did not disclose

7 Lucky Cab Co.4195 W. Diablo DriveLas Vegas, NV 89118702-477-7555 • luckylimolv.com/luckycab

$23.9 million 1.5 million $15.95 154 Lucky Cab Co. Did not disclose

8 A-Cab Co.1500 E. Searles Ave.Las Vegas, NV 89101702-365-1900 • acablv.com

$11.8 million 699,666 $16.88 115 A-Cab Co. John Gathright, general manager

9 Deluxe Cab Co.6055 Emerald Ave.Las Vegas, NV 89122702-568-7700 • deluxetaxicabservice.com

$7 million 373,452 $18.89 106 Deluxe Cab Co. Did not disclose

To receive a complete copy of Data Plus every week in Excel, which includes the full List, visit vegasinc.com/subscribe.

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