VBD Weekly / FEBRUARY 24 2023

FEBRUARY 24 2022 / ISSUE NO. 64 / ARCHIVE

This Week's Top Stories

Q&A: Emily Osterberg, Director of Government Affairs for the Henderson Chamber of Commerce, on the 2023 Legislative Session

Emily Osterberg is the Director of Government Affairs for the Henderson Chamber of Commerce. In this interview, she talked about the 2023 Nevada legislative session and the Chamber's mission and priority during this session.

Dancing fountains at the Bellagio Hotel & Casino, Las Vegas — Photo by Steve Harvey / Unsplash

This week, MGM Resorts announced it endorsed the United Nations' CEO Water Mandate, making commitments to address water crises and challenges. It is the first gaming company to endorse the mandate.

*Construction site of El Camino Real Industrial Center (Courtesy of LM Construction)*

Las Vegas is still one of the hottest industrial markets in the country with less than 2% vacancy rate. LM Construction broke ground their headquarters located on the northeast corner of Pebble and El Camino in the Las Vegas southwest submarket.

This commentary is written by PNC Chief Economist Gus Faucher: "Inflation picked up in January, and the Federal Reserve will continue to increase interest rates in the near term."

*Super Bowl fireside chat (Courtesy of LVGEA)*

Yesterday, the Las Vegas Global Economic Alliance (LVGEA) hosted its State of Economic Development event. This year, the annual event shifted from a public to an investor-only program with over 300 attendees and brought together from the private and public sectors to provide insight into economic investments being made in the Greater Vegas region.