(public).sospep.subjects ~ view article ~ Reno

<h1 style="text-align: center;">Reno - Wants to be Silicon Valleys back office</h1>
<h2>[WHAT]</h2>
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<li>]&nbsp; A look at the&nbsp;city of Reno nevada.</li>
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<h2>[WHY]</h2>
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<li>]&nbsp;</li>
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<h2>[WHERE]</h2>
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<li><strong>] READ THE FULL ARTICLE</strong></li>
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<li>]&nbsp;<a href="http://www.bloomberg.com/news/articles/2015-04-10/reno-wants-to-be-silicon-valley-s-back-office" target="_blank">http://www.bloomberg.com/news/articles/2015-04-10/reno-wants-to-be-silicon-valley-s-back-office</a></li>
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<h2>[WHEN]</h2>
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<li>]</li>
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<h2>[EXAMPLE]</h2>
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<li>] Today Reno is third largest city in Nevada with a pop of 233k and in the process of&nbsp;reinvinting itself after faded casinos &amp; quickie divorces.</li>
<li>]&nbsp;Located 220 miles (350 kilometers) northeast of San Francisco, in a desert valley in the shadow of the Sierra Nevada, near the burning man festival</li>
<li>] Founded in 1868 as a stop on the Transcontinental Railroad, Reno boomed in the 1930s after the state legalized gambling and the nation&rsquo;s most liberal divorce laws drew unhappy couples. At the time, Reno was Nevada&rsquo;s largest city; Las Vegas didn&rsquo;t catch up until the 1950s.</li>
<li>] As Reno faded, its leaders turned to bowling, balloon races and rodeos to revive its fortunes. Its latest attempt at reinvention holds more promise, as high costs and regulations in the Bay Area play to Nevada&rsquo;s strength as a lightly regulated frontier state,</li>
<li>] In 2011, reno had&nbsp;14% unemployment, 2/3 real estate sold was foreclosures</li>
<li>] Today, 2015-02, the city is&nbsp;rebounding,&nbsp;8% unemployment, the future may look bright with the addition of .....</li>
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<li>] apple datacenter,</li>
<li>] tesla gigafactory ,</li>
<li>] <a href="http://renostartuprow.com/" target="_blank">http://renostartuprow.com/</a>&nbsp; -entrepreneurs said they were drawn by cheaper real estate, outdoor recreation near Lake Tahoe and a comparatively laid-back, we&rsquo;re-in-it-together business culture.</li>
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<li>]<strong>&nbsp;Downtown</strong> office rents averaged $1.61 a square foot in the last three months of 2014, compared with $5.27 in the overall San Francisco market, according to CBRE Group Inc</li>
<li>] Downtown remains a hodgepodge of souvenir shops peddling $10 T-shirts, casinos advertising steak dinners for $9.99, pawnshops and payday lenders</li>
<li>] the Morris Burner Hotel is a year-round haven of Burners, the term for attendees of the annual Burning Man arts and self-expression festival in the Black Rock Desert. Burning Man, named for the burning of a large wooden effigy, attracts more than 65,000 people, including corporate chiefs such as Tesla&rsquo;s Elon Musk and Virgin Group Ltd.&rsquo;s Richard Branson</li>
<li>] Next to businesses catering to Burners and urban bicyclists, hundreds of homeless line up for meals at the Reno-Sparks Gospel Mission. &ldquo;I&rsquo;ve seen the old Reno when it was a town to come to,&rdquo; Haney said. &ldquo;I love this city, but people need to market it more. Half of the casinos are condominiums now.&rdquo; Reno&rsquo;s casinos made less money in 2014 than they did <a href="http://gaming.nv.gov/modules/showdocument.aspx?documentid=3489" target="_blank" data-web-url="http://gaming.nv.gov/modules/showdocument.aspx?documentid=3489">in 1993</a>, as the city fell to the <a href="http://www.americangaming.org/industry-resources/research/fact-sheets/top-20-us-casino-markets-annual-revenue" target="_blank" data-web-url="http://www.americangaming.org/industry-resources/research/fact-sheets/top-20-us-casino-markets-annual-revenue">16th-largest U.S. gambling market</a> by 2012 amid competition from Indian-owned casinos</li>
<li>] Just south of downtown, <strong>Midtown</strong> epitomizes the treasure-from-trash culture: The stores sell recycled furniture, records and clothing; - old homes &mdash; snapped up by the Raydon brothers and others at recessionary prices &mdash; have been refurbished and rented out</li>
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<h2>[HOW-TO]</h2>
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<li>]</li>
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<h2>[REFERENCE]</h2>
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<li>] <a href="/view/location?id=481" target="_blank">Reno, Nevada</a>&nbsp;</li>
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<h1 style="text-align: center;">&nbsp;</h1>

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