Nevada Incentives Could Lure Tesla to North Las Vegas Industrial Property
Since opening more than 20 years ago, Apex Industrial Park has found itself stuck. Businesses are reluctant to locate there because there’s not enough water to support manufacturing and other heavy industry. But because the site is mostly empty, no one has been willing to build a water pipeline.
That soon could change, thanks to Tesla Motors.
North Las Vegas leaders plan to offer huge property and sales tax breaks — made possible by legislation passed in September for Tesla — to lure two or three large companies to Apex. The hope is the companies will provide the investment needed to finally build infrastructure to provide water and power to the full site, breaking the stalemate and unlocking a potential economic boon.
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