[ScoopLV]

Originally Posted by MAXIALE02

You can't leave a comment like that and not elaborate....
Are you saying you like or dislike L.A.

I don't see how it's possible. Las Vegas will never attract another major industry. Las Vegas is a one-trick pony of a town, and that's all it's ever going to be. We're not going to have a financial district. We won't do any major importing or exporting. We're certainly not going to ever see a fishing industry spring up. We might snag some porn production companies as California legislates theirs out of existence. But we're not going to have a film and television industry. And we're not a major manufacturing center.

We're going to continue to be the place where people come to throw money away. We're always going to be the first to be effected by recession, and the last to recover.

What will Las Vegas be in 25 years? The same thing we are now, with different buildings and different players. But the city isn't going to significantly change.

[MAXIALE02]

My hubs works for a data storage company that finds Nevada attractive. Why? Because there are no natural disasters here. I'm not saying LV is good or bad but as far as future potential Nevada has what a lot of other places don't. A rather young history and lots of land. Sounds like the last frontier.

[UTES]

Originally Posted by Willy702

Wont be that much bigger. A few more projects, but most ideas just dont have a chance to earn a sufficient return. Most of the change will be the build out of the valley, with lots of midrise buildings fronting the Beltway. Cant see skyscrapers coming, they dont pencil out either.

Yes - no need for skyscrapers with plenty of land still available. We can expect about 1 million more residents in the metro area - with subsequent impacts on infrastructure.

I think we'll continue to see the bifurcation of tourist industries and local businesses/neighborhoods. The two will have parallel trajectories, dependent on each other, yet maintaining a water and oil stance.

Bill

[LV10101]

Originally Posted by MAXIALE02

You can't leave a comment like that and not elaborate....
Are you saying you like or dislike L.A.

I'm saying Las Vegas will never be like Los Angeles. You are comparing a major, diverse city to a city that is single focused and lacks a downtown core. There is no rational comparison between the two. Las Vegas 25 years from now wont look much different than today. Sure there will be some changes, old casinos gone and some new ones in their place but overall it wont change dramatically. With the heavy increase in gaming competition from other states Las Vegas will have slower growth than it has in the past. It is already clear that things are changing MGM Resorts for an example is adding more non-gaming venues to Las Vegas and is adding more gaming venues outside of Las Vegas. Things are changing.

[MAXIALE02]

I consider myself apathetic to the regions of Las Vegas however because of its young history and swaths of potential land the opportunities are tremendous.

Imagine if we could attract the intellectual talent to UNLV to make it a top choice school. What if we could get a major sports team? We just need someone to breakthrough as a game changer. I'm interestingly following what the Clark County School District is going to do. I feel LV has the opportunity to swing either way; to greatness or mediocrity.

[fvansan]

If the city planners are talented, pragmatic, yet imaginative, LV I think will evolve to changing circumstances. What that looks like is dependent on the financial resources. Most people would agree LV income is from entertainment. Consideration to taking advantage of things like new income streams that compliment the city strengths, for example legalizing Recreational Marijuana, could produce millions for schools and functional evolutionary modifications. The question is not what will LV be like in 25 years but rather, will LV voters remain fearful of change or will they end their voting apathy and elect representatives with creative enterprising ideas and leadership skills to enact evolutionary systems.

[MAXIALE02]

Originally Posted by fvansan

If the city planners are talented, pragmatic, yet imaginative, LV I think will evolve to changing circumstances. What that looks like is dependent on the financial resources. Most people would agree LV income is from entertainment. Consideration to taking advantage of things like new income streams that compliment the city strengths, for example legalizing Recreational Marijuana, could produce millions for schools and functional evolutionary modifications. The question is not what will LV be like in 25 years but rather, will LV voters remain fearful of change or will they end their voting apathy and elect representatives with creative enterprising ideas and leadership skills to enact evolutionary systems.

Well said. The dreamer in me thinks if we can get the oldtime diehards to bend a little and the new money newcomers to not make this place just like home. Nevada could be awesome.

[UTES]

Originally Posted by fvansan

The question is not what will LV be like in 25 years but rather, will LV voters remain fearful of change or will they end their voting apathy and elect representatives with creative enterprising ideas and leadership skills to enact evolutionary systems.

Utah is right next door and has a healthy diverse economy. That's no accident. Legislators opened up the purse strings decades ago to fully fund such things as the Governor's Office of Economic Development - and the effect is apparent.

Nevada also has a Governor's Office of Economic Development. The problem is legislators have been reluctant to provide that entity with the funding necessary to be effective. However, legislators recently took a big step by going big on the Tesla deal up North. That's a good sign. Hopefully, we'll see more actions like that. If they adequately fund development efforts in Southern Nevada, we'll see a more diverse Las Vegas metro area in 25 years. But, they won't do it unless we push them to do it. What they need to be shown are the economic reports demonstrating the funding of economic diversity more than pays for itself in the long run. It's an investment in our future.

Bill

[Willy702]

Originally Posted by UTES

Utah is right next door and has a healthy diverse economy. That's no accident. Legislators opened up the purse strings decades ago to fully fund such things as the Governor's Office of Economic Development - and the effect is apparent.

Nevada also has a Governor's Office of Economic Development. The problem is legislators have been reluctant to provide that entity with the funding necessary to be effective. However, legislators recently took a big step by going big on the Tesla deal up North. That's a good sign. Hopefully, we'll see more actions like that. If they adequately fund development efforts in Southern Nevada, we'll see a more diverse Las Vegas metro area in 25 years. But, they won't do it unless we push them to do it. What they need to be shown are the economic reports demonstrating the funding of economic diversity more than pays for itself in the long run. It's an investment in our future.

Bill

Education is so far ahead though in Utah. Only so much financial incentives can do.

[UTES]

Originally Posted by Willy702

Education is so far ahead though in Utah. Only so much financial incentives can do.

It's a cultural thing. For, the dominant religion in Utah emphasizes education and the state has a resultant high proportion of college grads. It's contradictory as Utah's public educational system is in the bottom of national statistics in funding per pupil. It seemingly defies logic that Utah schools do so well though funded so poorly. Like Nevada, Utah's teachers are not paid well. But, it is what it is.

Bill