See the entire Henderson Economic and Demographic Overview here

Transcription

See the entire Henderson Economic and Demographic Overview here
City of Henderson | 240 Water St., Henderson, NV 89015 | cityofhenderson.com | 702-267-2323
2015 | ECONOMIC AND DEMOGRAPHIC OVERVIEW
HENDERSON NEVADA
ECONOMIC AND DEMOGRAPHIC OVERVIEW
Cadence
City of Henderson
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CITY LEADERSHIP
Andy Hafen
Mayor
Sam Bateman
Councilman
Debra March
Councilwoman
BUSINESS & REAL ESTATE | REDEVELOPMENT
TUSCANY REDEVELOPMENT AREA
Located in Henderson’s northeast corner, this abandoned gravel pit was designated a redevelopment area
in 2001. Today, Tuscany is a master-planned residential community surrounding an 18-hole championship golf
course.
• New homes continue to be built in six communities that accent the Tuscany Residential Village with
prices ranging from the low $100,000s to the high $300,000s.
• At total build out, Tuscany will boast an estimated 2,100 homes.
John F. Marz
Councilman
Gerri Schroder
TUSCANY HOMES
Councilwoman
CITY STAFF
Bristol S. Ellington
Interm City Manager
Josh M. Reid
City Attorney
Sabrina Mercadante
City Clerk
Fred Horvath
Assistant City Manager
Richard A. Derrick
Chief Financial Officer
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BUSINESS & REAL ESTATE | REDEVELOPMENT
LAKEMOOR CANYON REDEVELOPMENT AREA
A previous manganese mine, this area is located south of Lake Las Vegas, across Lake Mead Parkway and
bordering the Lake Mead National Recreation area. Lakemoor, once known as Three Kids Mine, provided the
base mineral that drove magnesium production at local manufacturing plants. The site has been contaminated and
undeveloped since 1961 when production stopped.
TABLE OF CONTENTS
Community
Location . . . . . . . . . . . . . . . . . . . .
Developing Master-Planned Communities
Public Schools Located in Henderson . .
Private and Charter Schools . . . . . . .
Libraries and Post-Secondary Educational
Parks and Recreation . . . . . . . . . .
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Institutions
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• The Three Kids Mine Remediation and Reclamation Act was signed by President Obama on July 25, 2014.
• Developers are now working with Nevada Department of Environmental Protection (NDEP)
on a clean-up plan.
Demographics
United States Census Counts . . . . . . . .
Fastest-Growing Incorporated Places
Population Projections . . . . . . . .
Population Growth by ZIP Code . . .
Housing Unit Counts . . . . . . . . .
Race and Culture . . . . . . . . . . .
Education Levels . . . . . . . . . . .
Age and Gender . . . . . . . . . . .
Household Income . . . . . . . . . .
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Business and Real Estate
Business Activity . . . . . . . . . . . . . . . . . . . . . .
Business Licenses . . . . . . . . . . . . . . . . . .
Building Permits . . . . . . . . . . . . . . . . . . .
Assessed Value . . . . . . . . . . . . . . . . . . . . . . .
Assessed Value Comparison - Southern Nevada Cities
Assessed Value Comparison - Land Use . . . . . . .
Property Tax Rate Comparison . . . . . . . . . . . .
Henderson Major Business Parks / Industrial Centers /
Commercial Real Estate Market Trends . . . . . . . . . .
Existing Land Use . . . . . . . . . . . . . . . . . .
Future Land Use for Vacant Land . . . . . . . . . .
Henderson’s Major Private Employers . . . . . . . .
Tourism and Visitor Statistics . . . . . . . . . . . . . . .
Resort, Hotel, and Motel Properties . . . . . . . . .
Business Assistance Programs . . . . . . . . . . . .
Business Start-Up Contacts . . . . . . . . . . . . .
Redevelopment Agency . . . . . . . . . . . . . . . . . .
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BUSINESS & REAL ESTATE | REDEVELOPMENT
CORNERSTONE REDEVELOPMENT AREA
This former gravel mine at Stephanie and I-215 has been transformed into a 100-acre detention basin, park, lake
and recreational facility that is also home to additional commercial, residential, and medical projects.
• In the prior fiscal year, DR Horton bought and completed construction of 81 homes which are now
owned by residents. In fiscal year 2014, lots were sold to Ryland Homes and Villa Azure to build 74
townhomes and 48 condominium homes, respectively.
• KB Homes owns a 40-acre parcel that is being reviewed by the Henderson Planning Commission for 128
single family homes. Developers continue to complete due diligence on the few remaining parcels.
EASTSIDE REDEVELOPMENT AREA
Eastside encompasses more than 4,500 acres and includes the Pittman, Valley View and East Sunset Industrial
Corridor, as well as Landwell’s 2,200 acres.
• Cadence
 2,200-acre master-planned community
 At build-out, Cadence will have 13,250 residences and 450 acres for parks, walking and bike trails,
and recreational amenities.
IN AMER
ICA
EN SAF
PT
CITI
EST ES
24/7 Wall Street
TO
Law Street Media
 Construction is well underway on this development. The first commercial building is complete and
construction has begun on residential units.
• Cowabunga Bay
 23-acre water park, featuring more than 30 water slides and attractions
 Opened in the summer of 2014 and employs over 400 part-time staff members
• Union Village
 Owner Participation Agreement was adopted providing $80.2 million in tax increment reimbursements
for the construction of an Integrated Health Village.
 This project is anticipated to create over 17,000 direct, indirect and construction jobs in addition to
millions in tax revenues for state and local governments.
44
Top 10 Most Appealing Cities in the Nation
10 Safest Cities in Nevada
(Vocativ)
(Movoto Real Estate Blog)
Best Cities for Snowbirds and Retirees
10 Best Cities to Raise Children
(Apartments.com)
(MyLife.com)
35 Best Cities for People 35 and Under
Best Places to Start a Business
(Vocativ)
(WalletHub.com)
Best Cities for Pet Lovers
Best Cities for Singles
(WalletHub.com)
(WalletHub.com)
• Valley Health Systems
 Owner Participation Agreement was adopted providing $33 million in tax increment reimbursements
on a $150 million hospital project that will be an anchor for the Union Village development.
 Expected completion is October 31, 2016.
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BUSINESS & REAL ESTATE | REDEVELOPMENT
DOWNTOWN REDEVELOPMENT AREA- WATER STREET DISTRICT REVITALIZATION
As Henderson’s original business and residential center, this area contains Henderson’s most mature neighborhoods,
including the Water Street District. Formed in 1995 to revitalize existing businesses and attract new investment,
the Downtown Redevelopment Area has made great strides in rejuvenating the economic viability of the area.
The Water Street District of the future is imagined as a vibrant place of activity and beauty, the kind of place where
people will want to live, work and play.
COMMUNITY
• The Downtown Master Plan was adopted in June 2014 |Provides flexibility to the development community
with the intent to incentivize new construction.
• Exclusive Negotiation/Purchase and Sale Agreements were executed with the developers of Southend
on Water and Lovelady Brewery Co. two projects that will contain residential and commercial components.
DOWNTOWN V ISION
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HEN
NDERSON STROLL 'N ROLL
55
COMMUNITY | LOCATION
Located in the southeast corner of the Las Vegas
Valley, Henderson features all of the characteristics of a
premier, well-rounded city. Henderson’s appeal is largely
due to quality master-planned communities, a wide
variety of business opportunities, myriad of nationally
or regionally recognized businesses and amenities, and
convenient proximity to the Las Vegas Strip; University
of Nevada, Las Vegas; McCarran International
BUSINESS & REAL ESTATE | REDEVELOPMENT
Airport; Lake Mead National Recreation Area; and
major highway networks. In addition, Henderson has
award-winning parks and recreation facilities and
programs, a well-developed educational system from
elementary to the university level, and the state's largest
retail shopping corridor including Galleria at Sunset.
Currently, the City of Henderson’s Redevelopment Agency manages five redevelopment areas: Cornerstone,
Downtown, Eastside, Lakemoor Canyon, and Tuscany.
Sa
93
To
T
R no
Re
In 1995, the City of Henderson recognized the need to revitalize and reinvest in some of its maturing neighborhoods
and created the City of Henderson Redevelopment Agency. Since then, Redevelopment has not only provided
funding for physical improvements, but has been building communities by attracting new business and private
investment that has created new jobs, added public art to neighborhoods, and provided residents with funding to
make improvements to their homes.
y
Apex
Industrial
Area
95
North
Las Ve
L
V ga
V gas
Ve
Tuscany
Lakemoor Canyon
Blue
Diamond
95
GIBSON RD
Boulder
City
t
Cornerstone
Downtown
Eastside
Nevad a
Downtown
Lakemoor Canyon
Tuscany
Henderson City Limits
HORIZON RID G E PK W Y
66
Redevelopment Areas
CLARK COUNTY
Cornerstone
15
Primm
LA
KE
Y
HW
erson
cutive
port
Jean
Eastside
ME
SUNSET RD
ER
D
UL
BO
T
To
Phoenix
n
AD
PK
WY
215
5
Interstate / Major Street
Street
Railroad
N
ev
ad
Ca
lif
a
or
ni
a
31
BUSINESS & REAL ESTATE | ASSISTANCE PROGRAMS
COMMUNITY | LOCATION
Businesses intending to relocate to Nevada and local businesses planning to expand may be eligible for a variety of
incentive programs and services. Programs include, but are not limited to, the following:
DEVELOPING MASTER PLANNED COMMUNITIES
• Green Building Abatements
• Sales and Use Tax Abatement
• Train Employees Now (TEN)
• Sales Tax Deferral
• Silver State Works
• Sales Tax Exemption
• Industrial Development Bonds (IDBs)
• Modified Business (Payroll) Tax Abatement
• Technical and Support Services
TROPICANA AVE
"The Strip"
• Redevelopment Incentive Programs
In the early 1980s the Greenspun family began developing Green Valley, Henderson’s (and Southern Nevada's) first
master-planned community. Today, Henderson is home to 27 premier master-planned communities, encompassing
nearly 15,000 acres. Fourteen additional master-planned communities are under development or in the
planning stages.
McCarran
Int'l
Airport
4
ST
SE
RO
GR EE N
Y
W
PK
280 Water St., City Hall Annex
Henderson, NV 89015
Phone: 702-979-2183
(Providing technical assistance to businesses and
integrated business outreach program)
555 E. Washington Ave.
Las Vegas, NV 89101
Phone: 702-486-2880
(Business entity filings, incorporating a business)
Nevada Department of Taxation
2550 Paseo Verde Pkwy., Suite 180
Henderson, NV 89074
Phone: 702-486-2300
(Information concerning state business taxes)
O
IZ
BLACK MOUNTAIN VISTAS
CADENCE
CORNERSTONE
DEL WEBB ANTHEM
INSPIRADA
LAKE LAS VEGAS
MACDONALD HIGHLANDS
SEVEN HILLS
200 S. Lewis Avenue, 3rd Floor
Las Vegas, NV 89101
Phone: 702-671-0500
(Businesses planning to use a name different than
their legal or corporate name; fictitious name
certificate [DBA])
SOUTHFORK
THE CANYONS AT MACDONALD RANCH
Clark
County
TUSCANY
WESTON HILLS
City of Henderson Active Master-Planned Community Development
* Also in Henderson City Hall on Thursdays only
Phone: 702-455-1055
Master-Planned
Community
Henderson Business Resource Center
112 Water St.
Henderson, NV 89015
Phone: 702-992-7200
(Business incubator, information, assistance, counseling
and training for Nevada businesses)
Existing Units
6/1/15
Maximum Units at
Completion
Current Estimated
Population
Percent Complete
Acres
0
313
0
0.00%
632
1,195
1,676
3,056
71.30%
421
Cadence
18
13,250
0
0.00%
2,200
Calico Ridge
590
595
1,119
99.20%
222
Cornerstone
845
1,600
1,879
52.80%
218
Black Mountain Vistas
Del Webb's Anthem
14,948
15,350
30,530
97.40%
2,535
Inspirada
1,276
13,500
2,925
9.50%
1,940
Lake Las Vegas
1,763
10,231
3,344
17.20%
2,242
392
586
968
66.90%
1,213
Seven Hills
3,223
3,318
7,721
97.10%
1,292
Southfork
1,362
1,749
3,207
77.90%
413
12
900
25
1.30%
607
1,144
2,137
2,570
53.50%
600
822
864
1,847
95.10%
166
MacDonald Ranch Highlands
The Canyons at MacDonald Ranch
Tuscany
Weston Hills
30
R
CALICO RIDGE
Ascaya
Nevada Secretary of State
O
ASCAYA
Henderson
Executive
Airport
Clark County - Clerk's Office *
Nevada Small Business Development
Center/UNLV Business Start-Up Center, Henderson
Satellite Office
LA
K
GIBSON RD
PKWY
LL EY
VA
EASTERN AVE
Development Services Center
240 Water St., 1st Floor
Henderson, NV 89015
Phone: 702-267-1730
(City of Henderson business licensing requirements)
LAS VEGAS BLVD
City of Henderson, MSC 512
280 Water St., City Hall Annex
Henderson, NV 89015
Phone: 702-267-1650
(Resources and assistance for expanding, relocating,
and existing businesses)
H
PKW Y
N
Y
HW
City of Henderson - Business License
RIDGE
R
DE
UL
Economic Development / Redevelopment
Clark
County
BO
BUSINESS START-UP CONTACTS
Y
EM
EA
DP
KW
SUNSET RD
• Personal Property Tax Abatement
Source: City of Henderson, Community Development Department, June 2015.
77
COMMUNITY | HENDERSON SCHOOLS
MOUNTAIN VISTA ST
PARADIS
TROPICANA AVE
“The Strip”
215
SUNSET RD
10
STEPHANIE ST
EY PKWY
GR E E N VALL
1
ARRO
YO
BLVD.
GR A N DE
WINDMILL PKWY
PECOS RD
EASTERN AVE
WARM SPRINGS RD
EAD
EM
LAK
17
12
4
19 18
PKW
Y
13
16
23
7
HORIZON RI DGE PKW
22
Y
HORIZON
LAS VEGAS BLVD
15
14
8
PATRICK LN
SUNSET RD
Private
Schools
6
RACE TRACK RD
RUSSELL RD
VALLE V E R D E D R
McCarran
International
Airport
D
3
Y
20
o Salt Lake City
2
To Reno
HW
Charter
Schools
6
High
Schools
93/95
R
DE
UL
5
26
Elementary
Schools
Lake Las Vegas
BO
7
Middle
Schools
BUSINESS & REAL ESTATE | HOTEL PROPERTIES
9
93/95
11
21
20
To Boulder City
Y
To Los Angeles
15
KW
EP
OS
.R
ST
5
Anthem
Anthem
M R E S OR T
88
29
COMMUNITY | HENDERSON LIBRARIES & POST-SECONDARY
BUSINESS & REAL ESTATE | HOTEL PROPERTIES
Henderson is a premier destination featuring resorts such
as the M Resort, Green Valley Ranch Resort, Hilton Lake
Las Vegas, Westin Lake Las Vegas and the Sunset Station
Hotel and Casino. The city currently has over 4,000
hotel/motel rooms.
4
Existing Property
Address
Phone Number
Room
Count
1
Green Valley Ranch Resort
2300 Paseo Verde Pkwy., Henderson, NV 89012
702-617-7777
495
2
Westin Lake Las Vegas (Formerly Loew's)
101 Montelago Blvd., Henderson, NV 89011
702-567-6000
493
3
Hilton Lake Las Vegas
1610 Lake Las Vegas Pkwy., Henderson, NV 89011 (Formerly Ravella)
702-567-4700
354
4
Sunset Station
1301 W. Sunset Rd., Henderson, NV 89014
702-547-7777
457
5
M Resort
12300 S. Las Vegas Blvd, Henderson, NV 89044
702-797-1000
390
6
Aston MonteLago Village Resort
30 Strada Di Villaggio, Henderson, NV 89011
702-564-4700
112
7
Fiesta Henderson
777 W. Lake Mead Pkwy, Henderson, NV 89015
702-558-7000
224
8
Courtyard By Marriot
2800 N. Green Valley Pkwy, Henderson, NV 89014
702-434-4700
155
9
Homewood Suites by Hilton - St Rose
10450 S. Eastern Ave Henderson, NV 89052
702-450-1045
145
10
Hilton Garden Inn
1340 W. Warm Springs, Henderson, NV 89052
702-322-9000
139
11
Hampton Inn & Suites - St Rose
3245 St. Rose Pkwy., Henderson, NV 89052
702-385-2200
132
12
Springhill Suites
1481 Paseo Verde Pkwy., Henderson, NV 89012
702-270-0995
120
13
Comfort Inn & Suites
475 Marks St., Henderson, NV 89014
702-387-6500
127
14
Residence Inn
2190 Olympic Ave., Henderson, NV 89014
702-434-2700
126
15
Railroad Pass
2800 S. Boulder Hwy., Henderson, NV 89002
702-294-5000
120
16
Best Western Plus Henderson
1553 N. Boulder Hwy., Henderson, NV 89011
702-564-9200
115
17
Townplace Suites
1471 Paseo Verde Pkwy., Henderson, NV 89012
702-896-2900
128
18
Holiday Inn Express
441 Astaire Dr., Henderson, NV 89014
702-990-2323
101
19
Hampton Inn & Suites -Warm Springs
421 Astaire Dr., Henderson, NV 89014
702-992-9292
99
20
Wingate Inn & Suites
(Is now Best Western Plus-St Rose) 3041 St. Rose Pkwy., Henderson, NV 89052
N/A
N/A
21
Best Western Plus - St Rose
3041 St. Rose Pkwy., Henderson, NV 89052 (Formerly Wingate Inn & Suites)
702-568-0027
99
22
Hawthorn Suites by Wyndham
910 S. Boulder Hwy., Henderson, NV 89015
702-568-7800
71
23
America's Best Value Inn
85 W. Lake Mead Pkwy, Henderson, NV 89015
702-564-1712
58
TOTAL NUMBER OF HOTEL ROOMS
28
Area
Libraries
20
Private
Colleges
3
Public
Colleges
4260
99
COMMUNITY | PARKS AND RECREATION
BUSINESS & REAL ESTATE | TOURISM STATISTICS
Over the past decade, Henderson has experienced
significant growth in hotel/motel room inventory, number
of attractions and visitors. In 2000, the city had a total room
inventory of 1,752. Since then, the total number of hotel/
motel rooms has more than doubled (see table page 28).
In 2014, Henderson hotels and motels generated nearly
one million room nights, bringing over 580,000 visitors
to the city. Additionally, average daily rate increased by
6.3 percent while the citywide occupancy remained flat
at 70.8 percent.
Room Nights and Occupancy 2004 - 2014
Occupancy
ANTHEM HILLS TR A IL
L
Avg. Daily Rate (ADR)
Year
Room Nights
Visitor
Volume
Citywide
Average
Hotel
Citywide
Average
Hotel
2004
697,599
409,904
82%
83%
$118.00
$126.17
2005
785,713
461,680
81%
82%
$131.06
$139.05
2006
791,359
454,823
82%
83%
$133.79
$140.84
2007
811,497
476,830
77%
78%
$139.19
$148.32
2008
836,321
491,417
72%
74%
$127.08
$135.06
2009
845,369
496 ,733
60%
63%
$99.87
$105.80
2010
886,747
521,047
63%
67%
$85.39
$93.38
2011
957,029
562,344
64%
66%
$86.48
$92.57
2012
987,621
565,880
68%
71%
$88.47
$95.20
2013
965,794
567,494
70%
74%
$88.46
$94.59
2014
995,581
584,997
71%
73%
$94.05
$101.66
Source: Annual report of each local hotel/motel property
The Gold Medal Award-winning City of Henderson
Public Works, Parks and Recreation Department is
accredited through the Commission for Accreditation
of Park and Recreation Agencies (CAPRA) and
is committed to providing residents with a variety
of life-enriching classes, workshops and events.
These programs are hosted at 63 neighborhood and
community parks, 11 aquatic facilities, and 8 recreation
63
10
10
Parks
11
centers (including two centers for adults 50+).
The City of Henderson's extensive 184-mile trail system
provides an opportunity for recreation and serves
as a mode of alternate transportation. Our Outdoor
Recreation section also offers a variety of organized
walks, hikes, rides, and educational activities that
will enrich your life and put you in touch with nature.
Aquatic
Facilities
8
Recreation
Centers
L A K E L A S V EG A S
27
BUSINESS & REAL ESTATE | PRIVATE EMPLOYERS
The city's pro-business climate is evident in the names that have been attracted to Henderson. Companies in a variety
of industries call Henderson “home.” Office development, regional corporate headquarters for large companies, as
well as retail and specialty retail developments are expected to increase the diversity of employment opportunities.
Trade Name
Size class
Industry
ST. ROSE DOMINICAN-SIENA
1500 to 1999 employees
General Medical and Surgical Hospitals
GREEN VALLEY RANCH
1500 to 1999 employees
Casino Hotels
M RESORT SPA CASINO
1000 to 1499 employees
Casino Hotels
SUNSET STATION HOTEL & CASINO
1000 to 1499 employees
Casino Hotels
ST. ROSE DOMINICAN HOSPITAL ROSE DE LIMA CAMPUS
700 to 799 employees
General Medical and Surgical Hospitals
FIESTA HENDERSON CASINO HOTEL
600 to 699 employees
Casino Hotels
TITANIUM METALS CORPORATION OF
500 to 599 employees
Nonferrous Metal (except Aluminum) smelting
SUNRISE CARPENTRY INC
400 to 499 employees
Residential Framing Contractors
POLY-WEST INC
400 to 499 employees
Unsupported Plastics Bag Manufacturing
WAL-MART SUPERCENTER
400 to 499 employees
Warehouse Clubs and Supercenters
BARCLAYS SERVICES LLC
400 to 499 employees
Credit Card Issuing
UNILEVER MANUFACTURING (US)
300 to 399 employees
Ice Cream & Frozen Dessert Manufacturing
CASHMAN EQUIPMENT COMPANY
300 to 399 employees
Construction Equip Merchant Wholesalers
WAL-MART SUPERCENTER
300 to 399 employees
Warehouse Clubs and Supercenters
COSTCO WHOLESALE CORP
300 to 399 employees
Warehouse Clubs and Supercenters
CSAA INSURANCE EXCHANGE
300 to 399 employees
Claims Adjusting
WESTIN LAKE LAS VEGAS RESORT & SPA
300 to 399 employees
Hotels (except Casino Hotels) and Motels
YOUR VITAMINS INC
200 to 299 employees
Pharmaceutical Preparation Manufacturing
LEVIS STRAUSS & CO
200 to 299 employees
Mens/Boys Clothing Merchant Wholesalers
FINDLAY TOYOTA
200 to 299 employees
New Car Dealers
CARMAX AUTO SUPERSTORES INC
200 to 299 employees
Used Car Dealers
FEDEX GROUND PacKaGe SYSTEM INC
200 to 299 employees
Couriers
CREDIT ACCEPTANCE CORPORATION
200 to 299 employees
Sales Financing
REPUBLIC SILVER STATE DISPOSAL
200 to 299 employees
Solid Waste Collection
ROSEMAN UNIVERSITY
200 to 299 employees
Colleges and Universities
TOURO UNIVERSITY
200 to 299 employees
Colleges and Universities
MED-SMART INC
200 to 299 employees
Diagnostic Imaging Centers
HEALTHSOUTH REHABILITATION
200 to 299 employees
Other Hospitals
TLC CARE CENTER
200 to 299 employees
Nursing Care Facilities
DELMAR GARDENS OF GREEN ValLeY
200 to 299 employees
Nursing Care Facilities
LAKE MEAD HEALTH & REHABILITATION
200 to 299 employees
Nursing Care Facilities
LIVING ASSISTANCE SERVICES-VISITING
200 to 299 employees
Services for the Elderly and Disabled
COWABUNGA BAY
200 to 299 employees
Amusement and Theme Parks
RAILROAD PASS HOTEL AND CASINO
200 to 299 employees
Casino Hotels
26
DEMOGRAPHICS
11
11
DEMOGRAPHICS | UNITED STATES CENSUS COUNTS
BUSINESS & REAL ESTATE | LAND USE
The United States Census is conducted every 10 years, in
years ending in zero, to count the population and housing
units for the entire United States. Its primary purpose is
to provide the population counts that determine how seats
in the U.S. House of Representatives are apportioned.
Vacant land accounts for 40 percent of the total land within Henderson city boundaries. Low density residential
land use accounts for the majority of the developed land within the City of Henderson (21 percent). Land used
for right-of-way purposes such as streets, flood control facilities, and railroads is the next highest use (13
percent). Land categorized as public/semi-sublic (8 percent) includes uses such as parks, golf courses, schools, and
municipal buildings.
In 2010 (the most recent federal census), the City
of Henderson had experienced extraordinary growth
with the population increasing by 82,348 residents
since the 2000 census and 192,787 since 1990.
Population April 1, 1950-2013
Year
Population
Increase
Increase
1950
5,717
-
-
1960
12,525
6,808
119%
1970
16,400
3,875
30%
1980
23,376
7,976
49%
1990
64,942
40,566
166%
2000
175,381
110,439
170%
2010
257,729
82,348
44%
2013*
270,798
13,069
5%
Source: U.S. Census Bureau, American Community Survey
Henderson Existing Land Use by Category
Existing Land Use Category
Low Density Residential
Percent
14,683
20.91%
539
7.70%
High Density Residential
3,692
5.26%
Industrial
1,160
1.65%
Commercial
5,719
8.15%
Public/Semi-Public
5,815
8.28%
Other
1,064
1.51%
Right-of-Way
9,302
13.25%
28,234
40.22%
Medium Density Residential
Vacant
12
Acres
25
BUSINESS & REAL ESTATE | MARKET TRENDS
DEMOGRAPHICS | GROWTH
FASTEST-GROWING U.S. INCORPORATED PLACES
Over the past decade, Henderson has consistently been on the list of the fastest-growing places (over 100,000).
Rank
HARSCH PROPERT IES
The Henderson commercial market added 195,000 square feet of completions during 2014.
Commercial Real Estate Supply Considerations / Henderson Market Area
Existing Supply
Sector
Future Supply
Total Inventory
Vacant Inventory
Under Construction
Planned
Office
13,290,000
3,278,000
0
1,000,000
Industrial
11,945,000
603,000
82,000
240,000
Retail
13,182,000
894,000
11,000
488,000
Total
38,417,000
4,775,000
93,000
1,728,000
Source: Applied Analysis
Commercial Real Estate Snapshot / Henderson Market
Office
2013
2014
Vacancy Rate
27.7%
26.1%
24.7%
Completions
128,000
46,000
0
Net Absorption
198,000
248,000
190,000
2012
2013
2014
Vacancy Rate
10.7%
7.7%
5.0%
Completions
0
0
70,000
445,000
349,000
386,000
2012
2013
2014
Vacancy Rate
8.1%
8.4%
6.8%
Completions
103,000
12,000
195,000
Net Absorption
237,000
-19,000
385,000
Industrial
Net Absorption
Retail
24
2012
Source: Applied Analysis
Geography
April 1, 2010
Census
Population Estimate (as of July 1)
2010
2011
2012
2013
2010 to
2013
2000
2000 to
2013
1
Gilbert, Arizona
208,453
209,468
214,014
221,223
229,972
10.34%
109,697
109.64%
2
North Las Vegas, Nevada
216,961
216,946
218,952
223,033
226,877
4.70%
115,488
96.45%
3
Fayetteville, North Carolina
200,564
200,865
201,532
201,834
204,408
1.91%
121015
68.91%
4
Cape Coral, Florida
154,305
154,825
157,788
161,492
165,831
7.47%
102,286
62.12%
5
Fontana, California
196,069
197,009
199,724
201,217
203,003
3.54%
128929
57.45%
6
Raleigh, North Carolina
403,892
406,324
414,094
423,338
431,746
6.88%
276,093
56.38%
7
Henderson, Nevada
257,729
258,004
260,045
265,285
270,811
5.20%
175,381
54.41%
8
Fort Worth, Texas
741,206
745,937
761,704
778,084
792,727
6.83%
534,694
48.26%
9
Chula Vista, California
243,916
244,716
248,436
252,545
256,780
5.27%
173,556
47.95%
10
Bakersfield, California
347,483
348,938
353,341
357,603
363,630
4.62%
247,057
47.18%
11
Charlotte, North Carolina
731,424
738,710
755,928
774,442
792,862
7.76%
540,828
46.60%
12
Peoria, Arizona
154,065
154,362
156,618
159,746
162,592
5.52%
112,936
43.97%
13
Grand Prairie, Texas
175,396
175,976
178,723
181,667
183,372
4.50%
127,427
43.90%
14
Chandler, Arizona
236,123
236,697
239,801
245,671
249,146
5.49%
176,581
41.09%
15
Laredo, Texas
236,091
237,076
240,847
244,778
248,142
5.11%
176576
40.53%
16
Orlando, Florida
238,300
239,425
243,794
250,159
255,483
6.97%
185951
37.39%
17
Irvine, California
212,375
213,366
220,367
229,373
236,716
11.71%
173072
36.77%
Source: U.S. Census Bureau, American Community Survey
13
DEMOGRAPHICS | POPULATION PROJECTIONS
Official census data shows that over the decade between
2000 and 2010, the city’s population increased by nearly
50 percent. Between the time the two most recent
census surveys were taken, an average of nearly 900 new
residents a month chose to call Henderson home. Even
though the percentage of growth has varied because
of the growing population base, the actual number
of new residents per year during that period had been
relatively stable, slowing only as signs of an economic
BUSINESS & REAL ESTATE | BUSINESS AREAS
downturn were beginning to manifest. Today, Henderson
continues to attract new residents and enjoys positive
growth even though that rate has slowed significantly.
The Population Projections Table below are trends and
projections for upcoming census and mid-census year
data compiled by the City of Henderson Community
Development Department, and may offer a more
timely representation of current population trends.
Henderson Major Business Parks / Industrial Centers / Retail Corridors
Business Park / Industrial Center
Major Retail Corridors
1) Gibson Business Park
1) St. Rose Parkway & Eastern Avenue
2) Black Mountain Business Park
2) Sunset Road & Green Valley Parkway
3) Traverse Point Center
3) Galleria at Sunset
Sunset Road & Stephanie Street to Warm Springs Road & Marks Street
4) Green Valley & Whitney Mesa Business Parks
4) Boulder Highway & Lake Mead Drive
5) Henderson Executive Airport Center
5) The District at Green Valley Ranch
6) Conestoga Industrial Area
6) Montelago Village at Lake Las Vegas
7) Cornerstone
Historical Population Trends and
Future Growth Projections
8) Sunpac Industrial Park
9) Black Mountain Industrial Center
Total
# of New
Residents
Percent
Change
157,376
12,818
8.90%
1999
171,076
13,700
8.70%
2000
185,673
14,597
8.50%
2001
198,226
12,553
6.80%
2002
210,206
11,980
6.00%
2003
220,236
10,030
4.80%
2004
233,506
13,270
6.00%
2005
243,897
10,391
4.40%
2006
256,128
12,231
5.00%
2007
265,790
9,662
3.80%
2008
272,063
6,273
2.40%
2009
275,134
3,071
1.10%
2010
276,428
1,294
0.50%
2015
284,968
8,540
3.10%
2020*
309,314
24,346
8.50%
2025*
333,336
24,022
7.80%
2030*
358,280
24,943
7.50%
2035*
382,659
24,379
6.80%
2040*
405,889
23,230
6.10%
Build-Out**
483,267
77,379
19.10%
Year
1998
*Estimates
** Build-out reflects the capacity within the existing corporate limits
Source: City of Henderson Community Development Department, January 2015.
14
10) Henderson Commerce Center
11) Green Valley Corporate Center
12) Green Valley Corporate Center South
13) Siena Office Park
14) West Henderson Business Centre
BARCLAYC
CARD
23
BUSINESS & REAL ESTATE | VALUE
DEMOGRAPHICS | POPULATION GROWTH BY ZIP CODE
ASSESSED VALUE COMPARISON
PROPERTY TAX RATE COMPARISON
Henderson continues to focus its efforts on recruiting
new businesses, strengthening existing businesses, and
diversifying the local economy. This includes maintaining
a pro-business climate and recruiting a select list
of target industries including medical, industrial,
financial, educational, and administrative offices, each
of which create job opportunities for our residents.
For Fiscal Year 2015, Henderson’s city property tax rate
continues to be 71 cents per $100 in assessed valuation.
Henderson has maintained the same property tax rate for
the past 23 years and continues to have one of the lowest
rates in the Las Vegas metropolitan area and in Nevada.
Henderson's population growth continues to be more evenly spread across the city. The city's population is no longer
concentrated in one or two established areas as it has been in the past.
"The Strip"
TROPICANA AVE
McCarran
Int'l
Airport
Property Tax Rate
0.71
P
AD
ME
LA
KE
P KW Y
G R E EN
LAS VEGAS BLVD
RIDGE P K W
0.2
ST
RO
SE
PK
W
H
O
R
O
IZ
Y
N
Y
0.4
Clark
County
HW
0.6
Y
ER
D
UL
0.8
5
LL EY
0.96
1.0
EASTERN AVE
1.06
VA
1.16
1.2
KW
BO
A comparison below of commercial, industrial, and
residential assessed value shows that although residential
land uses represent by far the highest percent of land use, the
city has maintained a balance in land uses through attracting
new commercial and industrial development projects.
SUNSET RD
Y
Henderson
Executive
Airport
89002
89044
89011
89052
89012
89074
89014
89122
89015
89124
Clark
County
Assessed Value Comparison - Land Use
4,313,348,929 Commercial
8,074,132,497 Residential
489,313,955 Industrial
6,783,755,835 Vacant/Misc.
89122
0%
Total Population by ZIP Code
89074
89002
89011
17%
12%
7%
89002
33,912
12%
89011
19,062
7%
89012
32,519
11%
89014
39,429
14%
89052
89012
89015
42,055
15%
18%
11%
89044
17,554
6%
89052
51,613
18%
89074
49,293
17%
89122
835
0%
89014
89015
89044
14%
15%
6%
Note: no population exists in the portions of ZIP code 89124 that lie within the boundaries of Henderson
22
15
DEMOGRAPHICS | HOUSING UNITS
BUSINESS & REAL ESTATE | ASSESSED VALUE
Henderson offers a variety of housing choices, a large majority of which fall into the single detached dwelling category.
Single family homes can be found in varying architectural styles, set into many types of neighborhoods. The diversity
in housing choices adds to the appeal of Henderson.
Nevada does not use a home's market value to calculate property taxes. Instead, property taxes are
based on the net assessed value of a home. The assessed value represents 35 percent of the taxable value
of the property. This assessed value figure is the base on which revenue for state and local
government is calculated. Generally speaking, taxable value is reached by adding the market
value of the land and the current replacement cost of improvements, less statutory depreciation.
Townhomes
Condominiums
6%
7%
Apartments
City of Henderson Total Assessed Value
Housing Units by Type
17%
Mobile Homes
82,298
69%
Mobile Homes
1,608
1%
Residential
Multi-Plexes
549
0%
Industrial
Apartments
19,735
17%
Townhomes
7,480
6%
Condominium
7,731
7%
1%
Multi-Plexes
0%
Single Family
69%
Parcel
Count*
Single Family
Assessed
Land
Assessed
Improvements+
Assessed
Supplemental
Assessed
Exempt
Net Assessed
Value
Net Taxable
Value
648,071
8,074,132,497
30,662,771,204
521,588,701
568,887,118
38,689,605,284
110,541,729,383
4,216
489,313,955
1,453,381,836
26,932,413
50,155,639
1,919,472,565
5,484,207,329
Commercial
16,511
4,313,348,929
15,454,774,951
212,628,457
5,505,600,927
14,475,151,410
41,357,575,457
Vacant/Misc.
67,503
6,783,755,835
48,995,483
25,742,719
4,450,832,066
2,407,661,971
6,879,034,203
2014-15 Totals
736,301
19,660,551,216
47,619,923,474
786,892,290
10,575,475,750
57,491,891,230
164,262,546,371
2013-14 Totals
730,098
17,558,800,005
42,489,672,700
0
10,165,156,403
49,883,316,302
142,523,760,863
0.85%
11.97%
12.07%
0.00%
4.04%
15.25%
15.25%
% Growth
Assessed Value Comparison
FY 2013
FY 2014
Change
FY13-FY14
%
Change
FY 2015
Estimated
Change
FY14-FY15
%
Change
Henderson
$8,255,600,100
$8,514,933,298
259,333,198
3.10%
$9,599,639,616
$1,084,706,318
12.70%
Clark County
54,193,378,125
55,218,017,749
1,024,639,624
1.90%
62,898,942,089
$7,680,924,340
13.90%
Las Vegas
11,926,888,555
12,251,484,406
324,595,851
2.70%
13,852,723,777
$1,601,239,371
13.10%
3,987,869,401
4,068,384,524
80,515,123
2.00%
4,730,877,154
$662,492,630
16.30%
Boulder City
510,495,001
528,726,970
18,231,969
3.60%
609,805,199
$81,078,229
15.30%
Mesquite
518,585,360
538,961,318
20,375,958
3.90%
583,373,057
$44,411,739
8.20%
North Las Vegas
Source: Nevada Department of Taxation
16
SINGLE FAMILY HOMES IN TUSCANY
21
BUSINESS & REAL ESTATE | BUSINESS ACTIVITY
10,430
Active Business
Licenses
*As of January 1, 2015
13,365
Building Permits Issued in 2014
Building Permit Activity
Year
Total Bldg Permits
Percent Change
Commercial/Ind
Percent Change
2014
13,365
18%
569
27.3%
DEMOGRAPHICS | RACE AND CULTURE
Demographic Profile
Race
Henderson
Clark County
Nevada
USA
White
78.80%
62.70%
68.30%
73.70%
Black or African American
5.70%
10.80%
8.40%
12.60%
American Indian & Alaska Native
0.50%
0.50%
1.10%
0.80%
Asian
7.90%
9.30%
7.70%
5.10%
Native Hawaiian & Other Pacific Islander
0.40%
0.70%
0.70%
0.20%
Some other race
3.00%
11.60%
9.60%
4.70%
One race
96.30%
95.50%
95.80%
97.00%
Two or more races
3.70%
4.50%
4.20%
3.00%
Henderson
Clark County
Nevada
USA
Non Hispanic or Latino
86.20%
72.50%
70.00%
82.90%
Hispanic or Latino (of any race)
13.80%
27.50%
30.00%
17.10%
Hispanic or Latino - Culture *
Source: U.S. Census Bureau, American Community Survey
*The federal government considers race and Hispanic origin to be two separate and distinct concepts. For this reason, Hispanics may be of any race. For more information,
visit www.census.gov
Educational Attainment
Population 25 years and older
Henderson
Las Vegas
North Las
Vegas
Reno
High School
Grad or higher
92.50%
82.50%
77.10%
85.70%
Bachelor's
Degree or higher
30.70%
21.40%
15.00%
28.90%
Source: U.S. Census Bureau, American Community Survey
20
UNILEVER PL ANT
17
DEMOGRAPHICS | AGE, GENDER, INCOME COMPARISON
United States Census estimates the largest age group in
Henderson as the 40- to 50-year-olds with a combined
total of just over 20,000 residents. This represents
a slight shift towards younger residents than in recent
years in which Henderson experienced the greatest
population increases in the 50+ age groups, which grew
at higher rates than county, state, and national averages.
With the building of age-restricted communities during
the 1990s, Henderson had become a place to finish
a career or retire, but this trend may be shifting. In
addition, according to the 2014 Las Vegas Perspective,
Henderson households enjoy an average income
level that exceeds that of the county by 23 percent.
BUSINESS &
REAL ESTATE
Age and Gender
Henderson
Clark County
Nevada
USA
Gender
Male
130,792
48.30%
1,017,256
50.20%
1,403,068
50.30%
155,627,698
49.20%
Female
140,006
51.70%
2,027,868
49.80%
1,387,068
49.70%
160,501,141
50.80%
Under 5 years
12,386
4.60%
133,012
6.60%
177,287
6.40%
19,770,079
6.30%
5 to 9 years
18,728
6.90%
143,533
7.10%
193,023
6.90%
20,606,012
6.50%
10 to 14 years
18,558
6.90%
132,423
6.50%
180,243
6.50%
20,735,582
6.60%
15 to 19 years
13,805
5.10%
128,448
6.30%
178,628
6.40%
21,386,643
6.80%
20 to 24 years
14,314
5.30%
137,323
6.80%
188,071
6.70%
22,719,908
7.20%
25 to 34 years
31,230
11.50%
298,851
14.70%
397,867
14.30%
42,626,555
13.50%
35 to 44 years
40,905
15.10%
288,522
14.20%
379,270
13.60%
40,608,235
12.80%
45 to 54 years
38,912
14.40%
273,777
13.50%
378,190
13.60%
43,674,983
13.80%
55 to 59 years
17,030
6.30%
123,812
6.10%
177,429
6.40%
21,108,252
6.70%
60 to 64 years
17,821
6.60%
108,011
5.30%
159,296
5.70%
18,228,600
5.80%
65 to 74 years
29,639
10.90%
161,925
8.00%
236,888
8.50%
25,213,746
8.00%
75 to 84 years
12,753
4.70%
71,521
3.50%
103,565
3.70%
13,465,490
4.30%
85 years and older
4,717
1.70%
26,710
1.30%
40,379
1.40%
5,984,754
1.90%
Total
270,798
100.00%
2,027,868
99.90%
2,790,136
100.10%
316,128,839
100.20%
Age
Source: U.S. Census Bureau, American Community Survey
Household Income in the Past Twelve Months
Henderson
Las Vegas
North Las Vegas
Clark County
Phoenix
Tucson
Reno
HouseholdsMedian Income
$64,489.00
$51,143.00
$56,809.00
$52,876.00
$47,139.00
$37,032.00
$46,770.00
HouseholdsMean Income
$83,672.00
$67,948.00
$69,032.00
$69,671.00
$65,199.00
$49,879.00
$64,702.00
Source: U.S. Census Bureau, American Community Survey
18
VADATECH
V
ADATECH
19