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Key Industry Targets

 

Sustainable Growth

Carson City has one of the most diversified economies in the state of Nevada. The community features a large industrial and governmental professional base, as well as a wholesale trade center. Output exceeded $1,000,000 in FY 2002, which represented an 8 percent increase over year 2001, a figure consistent with prior years.

 

Coupled with the presence of local, regional and state government, Carson City expects a healthy growth in its economy for years to come. This expectation is supported by the recent findings in a Policom study, which revealed:

  1. Being the state capital, State government is the primary industry, accounting for 53 percent of the contributory earnings in our economy.

  2. Manufacturing has been one of the fastest growing sectors in the nation, leveling out recently. It remains a continued focus of retention, expansion and economic development.

 

Carson City has quietly become Nevada's leading manufacturing community, with 15 percent of its workers in manufacturing, compared to the state average of four percent. In fact, the percentage of manufacturing companies in Carson City far exceeds the average in most cities across the U.S. The manufacturing sector is of particular importance to the economy in Carson City.

 

Primary Jobs

In June 2002, Carson City mobilized a task force of 50 community volunteers who worked six months to create the Economic Vitality Strategic Plan. This plan focused on optimizing Carson City’s future economic health. One of the primary goals of the plan was to grow the community’s wealth by raising the earning potential for workers and ultimately the fiscal health of the community. Today, Carson City continues to focus its strategic planning on “wealth creation” by targeting employers that grow primary jobs in manufacturing, transportation, research and development, wholesale distribution and corporate. Primary jobs are defined as those employment opportunities that add to the economy rather than depend on it.

 

Economic Vitality Strategic Plan

During the strategic planning process, Carson City identified several specific challenges to its economic vitality and then organized a variety of strategies and tactics aimed at addressing these challenges. Strategies centered on corridor and downtown enhancements and economic development.

 

The Economic Vitality Strategic Plan identified the following five goals:

  1. Build and maintain partnerships for ongoing involvement and accountability of all sectors in economic development.

  2. Target existing and emerging key economic sectors that provide quality primary employment to the community.

  3. Develop and maintain regional cooperative relationships on issues of commonality with adjacent counties and the state.

  4. Achieve the economic, physical and aesthetic revitalization of the downtown area by encouraging tourism, local business development and the preservation of our cultural heritage.

  5. Attract investment along the highway corridors and ensure their economic vitality by encouraging well-planned development, capitalizing on the city’s unique scenic and historic character.

Carson City continues to implement their strategies and initiate projects to support the goals outlined above. The Economic Vitality Strategic Plan is one reason that Carson City has become the growth center of Northern Nevada. 

 

Areas of Focus

The following are the areas of focus the city has undertaken as outlined in the Economic Vitality Strategic Plan. Carson City has dedicated numerous resources (both financial and personnel) to help implement these strategies.

  • Alternative Energy

    Carson City is an excellent alternative energy center for both employment and power generation. Carson City’s climate positions the area as a viable source of alternative energy generation from solar, wind and geothermal.

    www.energynevada.com
     

  • Manufacturing

    At 15%, Carson City has the largest percentage of manufacturing employment of any county in Nevada. Carson City continues to build on this strength by working closely with existing employers on recruitment, retention and training. Initiatives have also begun to taget new sectors, such as research and development and/or high-tech industries.
     

  • Professional Services

    Carson City recognizes that the largest single primary employer in the community is the State of Nevada. Given this fact, city officials and organizations now work hard to facilitate this relationship and reinforce that Carson City is a great place for the state to do business.
     

  • Healthcare

    A major opportunity for Carson City is to become a regional health care provider. Therefore, the community has united to help the local hospital achieve this goal. The health care sector has the potential to bring numerous primary employment opportunities to Carson City. Currently, Carson-Tahoe Hospital is transforming into the Carson-Tahoe Regional Medical Center and has started construction on a new hospital in the northwest part of town, off U.S. 395.  This state-of-the-art community-based private hospital facility is a $150 million project due to open in 2005.  This represents the largest private construction project in Carson City’s history. 
     

  • Tourism

    Completing the reconstruction of the V & T Railroad and promoting other forms of cultural tourism has been identified as a key initiative to help safeguard the economy. The $30 million V & T Railroad project is geared towards rebuilding the famous 18-mile short line railroad between Carson City and Gold Hill. Once completed, this will be a major tourist attraction that is expected to attract over 140,000 visitors per year and bring 885 new jobs to the community.
     

  • Airport

    Carson City recognizes the economic value of the Carson City Airport contributes to the community. The airport has historically operated within significant limitations that have kept it from becoming a greater economic development asset. However, today, the airport is making a major investment of $25 million to help improve its facilities. This will include lengthening and improving its runways in order to better facilitate business jet service.
     

  • Arts

    Cultural arts help create value in the community by enhancing the quality of life and increasing economic activity. Carson City is now examining options for providing greater funding to the arts through public/private partnerships. The Brewery Arts Center has become a regional draw and is an example of how the arts contribute to the quality of life and economic vitality in the area. Additionally, the Capital City Arts Initiative promotes a variety of contemporary visual arts exhibitions, arts education projects, public programs and artists’ residencies.
     

  • Regional Retailers

    Carson City has set up a task force focused on the recruitment of regional retailers. We recognize the significant contribution that regional sales can make to employment and to the fiscal health of the city

Redevelopment

Since the creation of Carson City’s downtown redevelopment district in 1986, the city and state have invested more than $100 million to revitalize and expand the Capitol Complex and adjacent facilities. In addition, the $15 million in private, city, state and federal funds used to improve the downtown corridor have helped create a positive impression of the downtown. Unlike pre-redevelopment years, resident survey commissioned by the Redevelopment Authority Citizens Committee indicate that locals feel safe walking downtown; they patronize downtown for business purposes and to dine, and value its historical charm.

Looking to replicate its success, on September 16, 2004, the Carson City Redevelopment Authority approved a new redevelopment district on South Carson Street. The creation of the redevelopment district enables Carson City to retain and grow its auto sales sector through public /private partnerships and investment opportunities.


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