As Nevada constantly is recognized as one of the most business-friendly
states of US, Las Vegas plays a major role in maintaining this position of
the state. Some of the leading business authorities such as Inc., Fortune,
Entrepreneur, Sales and Marketing Management and Forbes regularly recognize
Vegas as one of the best metros in the country to do business.
The primary drivers of the citys economy have been tourism, gaming
and conventions, which in turn feed the retail and dining industries.
Besides large hospitality and casino industries, many technology companies
are also located in Las Vegas to support electronic gaming and
Vegas further is a popular destination for tours and conventions. Many of
the biggest conventions, trade shows and meetings in the United States, such
as COMDEX, an annual computer show are held in the city.
Along with entertainment, service industries are also one the largest
employer in Las Vegas. The major single employer of the city is the Clark
County School District. Besides Tourism, Marketing and Promotion; marriage,
divorce, tax, incorporation and other legal services draw numerous legal
service industries. Therefore, jobs are plentiful, thanks to a booming local
economy and a pro-business environment in the city.
Further the cost of living of Las Vegas is lower than any other comparable
US cities, in part because of the absence of any personal income tax. Every
year, another two acres of Las Vegas land are developed for commercial use
and constant population growth means the increasing importance of the
housing construction industry too.
Major Business Centers
The Las Vegas Convention Center:
Located on the northern end of the Las Vegas Strip, the Las Vegas
Convention Center is one of the largest meeting place for business,
gathering place for conferences and a frequently used spot for expos and
shows in the world.
Situated just adjacent to the Las Vegas Hilton Hotel, the center is well
known among industry professionals for its versatility. Operated by the Las
Vegas Convention and Visitors Authority (LVCVA), the venue occupies total
space of 3.2 million sq. feet including exhibit space and meeting rooms
Sands Expo & Convention Center:
The second largest convention center in the Las Vegas, Sands Expo &
Convention Center was opened in 1990 across the street from the original
The center occupies more than 1.8 million sq. ft of show floor and meeting
space and every inch of it can be constructed and changed to suit the needs
of the event or exhibitor. It is frequently used for large number of
conventions and as overflow space for expositions that outgrow the Las Vegas
The Sands Expo is owned and operated by the Las Vegas Sands Corporation is
located at Flamingo Rd on the Las Vegas Strip.
Mandalay Bay Convention Center:
Mandalay Bay Convention Center is the latest and largest meeting facility
of Las Vegas and is the fifth largest convention facility in United States.
With one million sq. feet of exhibition space, three levels of elegantly
decorated, multi-purpose meeting and function space, four pillar less
high-ceiling ballrooms, the largest pillarless hotel ballroom in the nation,
the Convention Center is one of the largest privately owned and operated
convention centers in the world.
Major Commercial Hubs
The Las Vegas Strip:
Also known as The Strip or The Boulevard, the Las Vegas Strip is around 7
km long Boulevard South partly in Las Vegas and has been designated an
All-American Road. Most of the largest hotels, casinos and resort properties
of Las Vegas and of the world are located on this Strip.
Over the years, the Strip has changed many names like Arrowhead Highway, "Salt
Lake Highway", U.S. Highway 91 and "Los Angeles Highway".
This most happening strip of Vegas provide glimpses of some of the most
famous landmarks of the world like skylines of New York and Paris, the
canals of Venice and the Pyramids of Egypt and a full on-sea battle scene
between a Pirate ship and a British Galleon.
Major Manufacturing Zones
Nellis Area I (Air Force Base)
The primary operations of Nellis take place at the east of Las Vegas
The Area I consists of industrial and administration facilities, with two
runways providing space for up to 300 aircraft, recreation and shopping
facilities, single housing and some family housing.
Nellis Area II
The Area II of Nellis is located at the northeast edge of the main base.
Besides being home to the 820th RED HORSE Squadron and 896th Munitions
Squadron, the area is the largest aboveground weapons storage complex in the
Nellis Area III
Area III is located in west of the main base. With Mike OCallaghan
Federal Hospital, more family housing, administration and industrial areas
are located here.
Apex Industrial Area:
Located in the area is the Apex Industrial Park, the largest industrial
park in Southern Nevada with nearly 10,000 acres of land supporting a wide
variety of industrial uses. As the Park grows, both commercial and retail
development expands simultaneously to support the surrounding industries.
The Park is roughly 4 miles from the urban Las Vegas Metropolitan area.
At the northern end of Apex, an industrial complex of manufacturing plants
and power plants running along the Union Pacific Railroad line is placed.
Recently, a special improvement district (SID) has been started by the
owners of Apex providing water, sewer and power facilities to all areas of
the park through municipal bond financing. Therefore, Apex efficiently
provides much needed relief for the strong demand and continued growth of
the Las Vegas industrial market.