The “WOW!” factor was in effect on Thursday, November 12th
- December 4, 2015
- Posted by: Jennifer
- Category: News
On Thursday November 12th, Amador Stage Lines picked up 25 NBC tourists in Carson City and headed for Reno. Another 20 members and guests were picked up from Louie’s Basque Corner in Reno. We cruised out to the TRI Center to meet Lance Gilman, one of the principles of the park. Lance gave us a 30 minute presentation about the project and several fabulous stories about his recruitment experiences. He even teased us with new companies who are committed, but are still confidential. Lance even explained the real story of how Tesla chose northern Nevada. We are very lucky to have him in northern Nevada. Lance developed South Meadows and he is on to the TRIC Project. The man is totally passionate about the future of northern Nevada. It’s all about jobs, and Lance has helped create approximately 6,000 jobs. He sees over 10,000 jobs in the next five years.
It was a great Lance-led tour through the 30,000 acre development which is 55% of Storey County. This was just a portion of the 103,000 acre park. We had 47 tourists; 8 developers, 5 bankers, CPA’s, architects, real estate people plus a client looking at real estate and 3 players from Plumas County. Lots of questions and wonderful information. Not enough time! We’re going to do it again in the spring when it warms up…
We were privileged to drive around the massive Tesla gigafactory and the new Switch foundation – both were extremely fascinating. So much is happening out there. 170 companies in total so far with many parcels already purchased and ready for construction.
by Kris Holt, NBC executive Director
Fifty-five NBC members enjoyed a great update from L. Lance Gilman, one of the principles of TRIC and a member of the Storey County Commission. The Tahoe-Reno Industrial Center now has 170 industrial clients. Seventy are manufacturers and the majority are warehouse/distribution/logistic operations. The industrial land is 103,000 acres of which 30,000 acres are zoned industrial and 5,000 acres are sold, 5,000 acres are in negotiation with many clients, developers, investors, real estate people and contractors. The infrastructure is under construction for 5,000 acres right now. USA Parkway will be completed and will connect to Highway 50 near Silver Springs. Secondary businesses are expanding to the area as well; first aid stations, banks, restaurants, gas stations and real estate services.
NBC Executive Director Kris Holt announced 10 new and 10 expanding manufacturers during the third quarter. Carson City is the slowest manufacturing growth market in the region. “We are trying to figure out when Carson City went from the penthouse to the outhouse when it comes to manufacturing development during the past 5 years.”
Of the 55 participants, 13 were manufacturers, 7 were government, 13 were guests, and the other 21 were members, one with a visiting client.
Lance Gilman talks Tesla and SWITCH at Nevada Business Connections breakfast PDF Print E-mail
published by the Nevada Appeal, October 21, 2015. Author: John Barrette
Huge is a word L. Lance Gilman borrows from others to turn his TRIC (Tahoe-Reno Industrial Center) up a notch in his listeners’ minds, then heaps on more.
At least that’s the way it seemed Wednesday as he spoke to 55 people at a Carson City breakfast meeting of Nevada Business Connections, yet the CEO of TRIC also threw around a few facts, figures and hints of future prospects to back his contention TRIC is the biggest thing to hit Northern Nevada either in generations or ever.
“The word ‘huge’ is worth getting our arms around,” said Gilman, a long time real estate man. “Our market is now Northern Nevada, not T.R.I.C.” He likened the impact to throwing a stone into a lake, causing a ripple effect. “Those waves are going to go out and they’re going to affect everybody in the market. We’re barely started.”
Gilman said the Tesla Motors/Panasonic partnership to make batteries is a major footprint that went from initial interest at TRIC in 100 acres to the current 3,000, adding the large gigafactory expected eventually to employ 6,500 will initiate a battery line beginning next year.
“How high is up?” he asked rhetorically regarding Tesla. “I have no idea.” At the same time, he said he doubts Tesla will have the largest impact.
“I believe that SWITCH is going to be more active in our Northern Nevada community than Tesla,” he said. SWITCH, a co-location company that’s “storing the secrets of the world,” he said, could make a $15 billion investment or more in this region. Yet he implied while avoiding specifics only the surface has been scratched on TRIC prospects even though 170 firms already are locating in the center east of Reno.
In other words, the implication was, even bigger game could come. Among the reasons things are just “barely started” is existing players and more coming economic spinoffs who are going to multiply.
“It’s not instant money for Storey County,” Gilman said, “but I’ll tell you what is instant money — payroll.”
He said Tesla/Panasonic and SWITCH, the two biggest up to now, together mean 12,000 jobs and $500 million in payroll annually. Along with hinting of bigger game, he added business everywhere is watching.
“Northern Nevada is on the radar screen of the world,” he said, citing articles in The Wall Street Journal, Fortune magazine, as well as publications in Europe or elsewhere.
He said the scale of opportunity at the industrial park along Interstate 80 goes back to that word huge others have thrown around. “It’s 100,000 acres of Nevada desert,” he said.
Gilman, who says he’s no longer so much in real estate as he’s a tour guide, noted the industrial park actually is 104,000 acres, has no “Not In My Back Yard” problems because there are no nearby residential subdivisions, and added there are 30,000 buildable acres with but a third gone.
“We’ve sold right at 10,000 acres,” he said.
Despite that, it doesn’t mean he’s resting on his laurels. While contemplating future moves, he also is alert to any possible down side speed bumps.
“I’m starting to get worried we’re going to have to buy another ranch,” he half joked. Yet he added the changes and results won’t happen Monday, taking five or 10 years to roll out and requiring diligence.
“We’re going to have great challenges, Gilman said. “I’m going to tell you right now, we only have it to lose.”