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he Las Vegas economy and tax structure proves to be attractive to many businesses in terms of relocation and expansion. Companies and individuals alike appreciate Southern Nevada's low tax and pro-business operating environment. The Nevada Development Authority (NDA) attributes no state corporate income tax, no personal income tax and the state's economic growth as the top three reasons why businesses find it appealing to relocate and expand into this market.
      According to Nevada Development Authority President Somer Hollingsworth, the NDA has brought in 39 new companies -- 20 of which are from California -- created more than 1,350 new jobs in the valley and the employee economic impact has reached $235 million per year to date with the fiscal year ending in June. He also said the average wage has grown to $20.40 per hour.
      "It's important that we create high-quality, high-paying non-gaming jobs," Hollingsworth said. "These jobs serve to diversify the economy and protect the resort industry."
      Hollingsworth said businesses are attracted to Las Vegas for many reasons. "Non-stop flights to and from McCarran International Airport prove to be a benefit, out-of-state clients typically visit Las Vegas for business or conventions three to four times a year and Las Vegas' marketing package of hotels and restaurants are impressive to business travelers and help to save companies money," Hollingsworth said. "The most notable reason for companies to relocate in Nevada is the state's 'pro-business' attitude and policies like that don't exist anywhere else in the country."
      Marnell Properties understands the Las Vegas market, its pro-business environment and future growth patterns in Southern Nevada. Through extensive research, Marnell Properties has identified the needs of the business community and quickly realized Marnell Corporate Center would become the hub of corporate expansion and relocation for businesses both nationally and internationally. Marnell Corporate Center provides visibility and access to leading companies with the ability to serve local, regional, national and international markets. A key factor is the central location of the center at the two major traffic arteries -- Interstate 15 and 215 interchange -- offering access to all points in the Las Vegas valley within minutes for customers and employees.
      Marnell Properties has created the 350,000-square-foot Marnell Corporate Center, a high-profile business community providing high visibility and a location only minutes from the arrival gates at McCarran International Airport. The center is the only Class "A" office complex in the airport submarket of the valley. The multi-tenant buildings in this center feature highly efficient floor plates, state-of-the-art facilities, management services, access to high-speed data infrastructure, lush landscaping, covered parking and public area finishes of the finest materials available. There also are build-to-suit opportunities, the most recent one completed in 2003.
      As mentioned above, Marnell Corporate Center is five minutes from McCarran International Airport, but also four minutes from the Las Vegas Strip, seven minutes from Sands Convention Center, nine minutes from Las Vegas Convention Center and 11 minutes from the Clark County Government Center. Located in the center of Las Vegas, Marnell Corporate Center has the world literally at its doorstep. The office park consists of Class "A" office buildings ranging in size from 45,000 to 90,000 square feet.
      A division of Marnell Corrao Associates, Marnell Properties is a real estate development and management company that focuses on the acquisition, development and management of commercial, revenue-producing real estate holdings. According to Marnell Properties' President Brad Schnepf, Marnell Properties is beginning to define a new Las Vegas as a city able to provide business infrastructure that will enhance the capabilities of growing enterprises serving local, national and international markets.