Prologis is one of a number of commercial real estate companies building in North Las Vegas, including at Apex Industrial Park.
The company currently has 7. The Las Vegas Valley comes in at No. The construction pipeline has jumped 4. North Las Vegas also had the third and fifth largest industrial projects in the nation completed in the first half of , according to the report. Historically, each one of these projects can take between two and six months of reviews and permits, therefore based on permits received, we estimate that the self-certification program has saved the development community over 30 years of waiting for their permits annually.
Jared Luke, senior director of government affairs and economic development for the city of North Las Vegas, said Lee sat down with private sector stakeholders and asked a simple question. Next, Luke said Lee took a very specific outlook on how to recoup money the city so desperately needed.
And within six months to a year, most of the land out there was spoken for, and within a few years it was fully developed. Luke said the city then took that sample size and applied it to the 18, acres at what is now Apex Industrial Park. One of the key verticals primed for expansion at that time, he said, was the commercial sectors of logistics, industrial big box and light manufacturing.
The number of active businesses has also grown substantially Apex also has another 24 million square feet of industrial space planned. Contact Patrick Blennerhassett at pblennerhassett reviewjournal.
