NORTHERN NEVADA IS BOOMING

Northern Nevada is an ideal place to relocate your growing company, where startups and existing businesses thrive. Forbes named the area the 3rd fastest growing workforce population in the U.S.

Nevada has been the fastest growing state in the country for the last five decades and Northern Nevada is forecasted to add roughly 50,000 people per year over the next five years.

Nevada was 1st in job growth for 2016-2019 per the Milken Institute.

Nevada has added 1,387 jobs in 2021 so far with a 3.8% growth per year over the last 5 years.

51,000 new jobs forecasted in the Reno area by 2022.

The region boasts a 2.9% unemployment rate compared to the national rate of 4.4%. Greater Reno-Sparks-Tahoe has an existing labor force of more than 267,000.

Reno is among Top 15 “Hottest New Places to Live” for the next decade according to Business Insider.

Nevada is ranked by Citizen-Times as the #3 in CEO ranking of best states for business.

Reno is ranked by Forbes as the #1 Best Small City in the U.S.

Reno is the top destination for tech founders leaving Silicon Valley.

Reno is ranked #4 Best-performing large Metro area in the U.S. according to Milken Institute.

Reno is ranked #2 as one of the best cities to buy a home according to Smart Asset.

Reno is ranked as the #4 among the 25 best-performing large cities in U.S. according to Yahoo Finance.

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 "THIS IS NOT JUST ABOUT INCENTIVES. NEVADA IS A GET THINGS DONE STATE"

ELON MUSK - CEO OF TESLA MOTORS

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NORTHERN NEVADA IS IMPACTING THE WORLD

Victory is uniquely positioned to accommodate pioneers, visionaries and those forward thinking companies that understand the benefits that Northern Nevada has to offer.

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A STRATEGIC LOCATION IN MORE WAYS THAN ONE

Manufacturing and distribution users have identified the region as an important hub in their logistics planning.

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Within reach of 80% of the Western U.S. population within one day.

Within reach of 80% of the Western U.S. population within one day.

An extensive transportation network on two major highway corridors: Interstate 80 and U.S. Highway 50.

An extensive transportation network on two major highway corridors: Interstate 80 and U.S. Highway 50.

The area offers direct access to the Oakland Port via rail.

The area offers direct access to the Oakland Port via rail.

Victory Logistics District is served by Union Pacific and BNSF rail  in addition to private short lines and on-site transload facilities.

Victory Logistics District is served by Union Pacific and BNSF rail in addition to private short lines and on-site transload facilities.

Centrally located in the west, with 70 million people within a two days drive.

Centrally located in the west, with 70 million people within a two days drive.

Low incidence of natural disasters, low energy cost, a favorable climate, and proximity to fiber infrastructure make the region ideal for data centers.

Low incidence of natural disasters, low energy cost, a favorable climate, and proximity to fiber infrastructure make the region ideal for data centers.

 

 

 

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A DESTINATION FOR TOP COMPANIES

Businesses within the City of Fernley range from multi-national companies to regional businesses. Manufacturing, distribution, and transportation are the largest employers. Fernley is set to become the distribution epicenter for the state and will continue to grow in importance as volumes of freight increase over the next 30 years.

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Additional employers in the region include:


 
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NORTHERN NEVADA IS OPEN FOR BUSINESS

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 A BUSINESS FRIENDLY TAX CLIMATE

UNIQUE TAX ADVANTAGES DESIGNED TO INCENTIVIZE GROWTH AND EXPANSION

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OPPORTUNITY ZONE IS AN UNDERSTATEMENT

The entire Victory site sits within a federally designated Opportunity Zone, which are intended to spur economic development and job creation in eligible communities. This offers unique benefits to owners, users, tenants and potential investors.

BENEFITS INCLUDE:

• A step-up in basis for capital gains reinvested into an Opportunity Fund.

• Temporary deferral of capital gain taxes.

• Permanent exclusion from capital gains taxes from the sale or exchange of an investment in an Opportunity Fund after a ten year hold.

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