Sky West has been very active with the business development managers who cannot handle the clients who need our help to build buildings and assist companies with their move to town.
Why Reno, NV Is The Prime Place To Develop Properties
We maintain an office and business in CA but Nevada is becoming the #1 real estate climate (in our opinion). RENO is set up for what we have termed ‘A BLACK SWAN” which is a very unique event that comes around once in a lifetime:
⦁ Reno needs to build 6,000 homes a year in N NV and we are currently building 2,000.
⦁ Reno is currently #4 in the Nation for Population growth according to RGJ.
⦁ Reno is #2 in the Nation for people moving to a new area according to Reno Gazette Journal, which is a subsidiary of the Chicago Tribune.
⦁ Reno is in the TOP 10 for 1st Time home buyers according to Money Source.
⦁ Reno is #9 in the Nation 100 best places to live according to Livability.com.
⦁ Reno is #5 in the Nation TOP SPOTS to Vacation according to The Weather Channel.
⦁ Tahoe #1 Lake in America according to USA Today.
⦁ Reno is TOP 10 Ski Towns in World according to National Geographic.
Additional Reasons Reno Is Great For Real Estate Development
⦁ We have seen Land appreciate 40% in the last 18 months.
⦁ Retail & Office properties in the great Reno area are under 9% vacancy, Industrial is under 4% vacancy, Apartments under 2.5% vacancy.
⦁ Harrah’s Ranch – Purchase 137 acres to master plan into homes. Sold to master planner who is sub dividing out to sell builder packages. Purchased for $42M.
⦁ 500 Lots purchased in Verdi NV for development and home building. Last remaining commercial and residential lots on West side of Reno.
⦁ 107,000 acre Storey County, which is the largest Industrial Park in the world. Being developed by my buddy, setting RENO on the world stage with Tesla & Switch .
⦁ 25 to 30 corporations have committed to our region over the past 5 years, averaging 25-30 companies per year.
⦁ Current economic counsels cannot handle the calls and people moving here.