Gov. Brian Sandoval talks with real estate pioneer Irwin Molasky, chairman of the Molasky Group of Cos. and founder of the UNLV Foundation, which operates the UNLV Harry Reid Research & Technology Park in southwest Las Vegas on Friday, Nov. 7, 2014. (Richard N. Velotta/Las Vegas Review-Journal)
The UNLV Research Foundation realized it needed a partner for its research and technology park to reach its potential.
Two months after the announcement that Utah-based Gardner Co. would serve as master developer of the UNLV Harry Reid Research & Technology Park, it’s preparing for additional development beyond the two tenants on the 120-acre site in the southwest valley. Some 93 acres are left for development at the park, at Sunset Road near Durango Drive just off the 215 Beltway.
Gardner has named Slater Hanifan Group of Las Vegas as civil engineers in the development of phase one. Ed Vance & Associates Architects of Las Vegas have been hired as Gardner announced plans for a building measuring 130,000 to 150,000 square feet.
Construction could begin within a year, and the building would take about 10 months to construct, according to Dan Stewart, a longtime Nevada resident and vice president of development for Gardner.
Negotiations are underway to lure companies doing technology or medical research, and Stewart said the UNLV Research Foundation will be among some of the tenants to occupy the space.
“Some of the UNLV departments want a piece of the action, and there’s great interest in the park from a lot of (companies) in getting out there,” Stewart said.
That’s welcome news for the research park whose construction over the last two years has been limited to two buildings, 100,000-square feet for BriovaRx, a specialty pharmacy, and the American Preparatory Academy’s campus.
Nevada Sen. Harry Reid secured 120 acres from the Bureau of Land Management a decade ago with the intent the park would be focused on high-tech companies to support UNLV research and economic development in Southern Nevada.
The goal is to lure and incubate businesses to help diversify the Southern Nevada economy and make the university a center of research and open a pipeline of employment for students.
That potential, however, hasn’t been fully realized, said Zach Miles, executive director of the UNLV Research Foundation and associate vice president for economic development at UNLV.
Read the rest of the story at reviewjournal.com.
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