The 18,000-acre Apex Industrial Park located off Interstate 15 at U.S. Highway 93 is finally kicking into high gear. Six projects are currently underway, totaling 1,800 acres and 9.8 million square feet. North Las Vegas has become a primary market for companies looking to open industrial facilities. Nevada is currently leading the nation in job growth, specifically with the largest increase in the industrial construction subsector, which added 5,400 jobs. According to the latest report by the Nevada Department of Employment, Training, and Rehabilitation, Southern Nevada added 5,700 industrial jobs between May 2022 and May of this year. Additionally, with approximately 115 people moving to Clark County every day, we are expected to gain 42,066 residents this year alone, according to a report by UNLV’s CBER. There are an estimated 20 additional companies that are looking to move into Apex and 6 large projects that are currently underway, including a 730,000 square foot HeyDude distribution center, a footwear brand owned by Crocs Inc., scheduled to open later this year. Additionally, coming to Apex is a distribution center for Kroger, and an AirLiquid liquid hydrogen plant, representing a total of $126 million in capital investments, 203 acres developed, and more than 470 jobs, according to the article. In 2021, aluminum beverage can maker Ball Corp. revealed plans to build a plant at Apex and developer VanTrust Real estate had plans for a 4.5 million-square foot industrial park in Apex as well.
Read more here:
https://www.reviewjournal.com/business/is-las-vegas-finally-ready-to-become-an-industrial-powerhouse-2892639/