This is great news—the Crowdfund Capital Advisors study ranked Las Vegas as the best city in the country for startups. Las Vegas moved up nine spots to displace Austin in the survey. The Howard Hughes Corporation is continuing to develop premier Class-A office space at Summerlin, a top master-planned community.
The entrepreneurial scene in Las Vegas has all the key elements, including engaged civic leaders open to learning about the startup ecosystem who collaborate on the vision and sponsor events, gatherings, and tax breaks by the government. Summerlin has training and mentorship programs for local entrepreneurs. Las Vegas has also become one of the fastest-growing tech hubs in the country.”
As an example of how Las Vegas is gaining in the technology sector, Teddy Liaw, a tech entrepreneur, moved to Las Vegas in 2020 after becoming disillusioned with California’s lifestyle. As organizer of the Vegas Tech Summit, Liaw drew CEOs and tech founders from around the country — primarily California — to visit the city as a great place to live and work in September.
As he plans the second annual Vegas Tech Summit, he emphasizes the advantages of doing business in Las Vegas, including its tax and business-friendly climate and accessibility to influencers and decision-makers.
By building a tech ecosystem and laying the foundation for companies to move here, entrepreneurs to thrive here, and workers to have options and opportunities, the Las Vegas Valley has seen unprecedented growth and transformation.
In Downtown Summerlin, one of Las Vegas Valley’s most popular dining, shopping, entertainment, and sports destinations, 1700 Pavilion, a 266,000-square-foot, 10-story Class-A office building, was completed in January.
Within minutes walking distance from the front door, the 1700 Pavilion is located on three acres adjacent to Las Vegas Ballpark and provides tenants with an unparalleled view of the stadium and easy access to Downtown Summerlin’s restaurants, shops, and amenities.
Upon completion this year, two Class-A office buildings are being constructed at Flamingo and Hualapai in Summerlin’s southern area. On an 8.8-acre site, two three-story buildings will provide premium office space in an innovative work environment that has high visibility from Interstate 215 to meet the continued demand for premium office space.
Summerlin’s business community is drawn to its excellent amenities, proximity to Red Rock Canyon National Conservation Area, walkability, shorter commutes, and better work-life balance.
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