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GLVAR Invests in Southern Nevada through Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ Campaign

FOR IMMEDIATE RELEASE                                                                                      

June 30, 2014

Contact: Holly Silvestri

The Ferraro Group                                                                                                           

702.367.7771


(Las Vegas) – The Greater Las Vegas Association of REALTORS® is engaged.

Recently, GLVAR invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which launched in the fall of 2013 and is a three-year effort to raise $7.5 million for regional economic development. Thanks to entities such as GLVAR, the effort is continuing to make momentum.

The Engage Southern Nevada effort, strategic budget and the LVGEA Strategic Plan were released last fall after a multi-year effort to reform the regional economic development systems in Southern Nevada.  Since its reformation in 2012, the LVGEA has brought on new leadership, greatly enhanced the size of its team and developed partnerships in the Southern Nevada region. 

GLVAR joins other notable investors including Aerotek; Barclaycard US; CB Richard Ellis; Coldwell Banker Premier Realty; EastWest Bank; Holland & Hart LLP; Cox Communications; Knutek MD; Nevada State Bank; Realty Executives of Nevada and Southern Nevada Home Builders Association.

“GLVAR’s support helps propel us to the next stage in our economic development efforts. We’re excited that such a strong community partner has invested in Las Vegas,” said Terrence Thornton, LVGEA Director of Investor Services and Development.  “The Las Vegas Global Economic Alliance is devoted to Southern Nevada and committed to establishing a quality investor pool. As we look to the future, new investors can feel pride in helping create a solid economic future for the Las Vegas area.”

Previously, the LVGEA announced that other campaign investors include Bank of America; Barrick Gold; CenturyLink®; Fair, Anderson & Langerman; JPMorgan Chase Foundation; Cirque du Soleil; Juliet Companies; Martin-Harris Construction; NV Energy; Snell & Wilmer; Sunrise Hospital; Switch; The Eastridge Group of Staffing Companies; The Howard Hughes Corporation; The KeyState Companies; The PENTA Building Group; and Virgen Advertising.

The ‘Engage Southern Nevada’ investment campaign surfaced as a part of the LVGEA’s Strategic Plan. The LVGEA’s Board voted unanimously to endorse a $5.3 million strategic budget for the LVGEA, which is the largest budget in the LVGEA’s history. The plan called on the organization to implement four strategic imperatives: Achieve and Maintain Operational Excellence; Lead, Facilitate and Steward Economic Development Efforts in the Region; Elevate Southern Nevada’s position as a Global Business Destination; and Become an Engine of Community Development.

More information on investing in LVGEA can be obtained via e-mail at the LVGEA Investor Services Department at engagesouthernnevada@lvgea.org.

About Las Vegas Global Economic Alliance

The Las Vegas Global Economic Alliance is a 501(c)6 membership organization dedicated to growing the economy in Southern Nevada through connectivity, community development, and strong business recruitment, retention and outreach.  LVGEA’s vision is to help Southern Nevada residents thrive in a global economy by fostering a more prosperous, diverse and connected regional economy.  For more information, call 702.791.0000 or visit www.lvgea.org. The LVGEA is located in The Rob Roy inNEVation Center in Las Vegas.

The Rob Roy inNEVation Center

The inNEVation Center is a philanthropic effort by Switch and its CEO and Founder Rob Roy to support economic diversification in Nevada. As the leader of Nevada’s most successful tech startup, Rob Roy is committed to paying forward the success of Switch. His passion for a more diverse Nevada economy led him to create The inNEVation Center to foster collaboration between Nevada entrepreneurs, business leaders, mentors, investors, educators and government agencies.

The inNEVation Center hosts collaboration events and provides meeting space, coworking space, and executive suites on the SUPERNAP campus with access to advanced technology ecosystems. For more information about The inNEVation Center or SUPERNAP, please visit www.innevation.com or supernap.com.

About Switch SUPERNAP

SUPERNAP is the world's leader in data center ecosystem design, development and mission critical operations, providing unrivaled independent solutions for colocation, connectivity, cloud and collaboration ecosystems. They represent innovation, security and reliability for more than 1,000 global clients, from sophisticated startups to Fortune 100 powerhouses.

Rob Roy is the CEO and founder of Switch, the parent company of SUPERNAP, and is the technology inventor and designer of the SUPERNAP data centers. Rob Roy’s 218 patented and patent pending claims on data center systems, designs and related industry technologies, have changed the technology landscape. For more information about SUPERNAP, please visit www.supernap.com.

About the GLVAR

GLVAR was founded in 1947 and provides its more than 11,000 local members with education, training and political representation. The local representative of the National Association of REALTORS®, GLVAR is the largest professional organization in Southern Nevada. Each GLVAR member receives the highest level of professional training and must abide by a strict code of ethics. For more information, visit www.HomeLasVegas.com or www.lasvegasrealtor.com.

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