In my opinion, industry diversification is the biggest challenge we face. We are heavily dependent on the hospitality industry, which can be very volatile as we saw in the last recession.
I think that one of our biggest challenges will be keeping up with the rapid growth and changes in the valley. With all of the new sports teams and entertainment, we will all be faced with more traffic, yet will have more opportunities for connection and community. My hope is that even with the changes and rapid growth, Vegas will still have the same small-town feel I have experienced over the 25 years I have lived here.
In my world, the biggest challenge we face is connecting everyone to our community! We are one of the fastest growing Jewish communities in the United States and we are working to find new creative ways to connect people to the Las Vegas community and particularly the Jewish community through all sorts of educational, cultural and social opportunities.
The complex and changing landscape of health care means that how people access health care is going to continue to be a challenge here and nationwide.
I would have to say health care and education are two of the biggest challenges.
Like most people I love the green spaces and my home’s landscaping, but all of it is artificial and not sustainable. At some point, probably still a ways off, we will need to accept that we live in a desert and shouldn’t try to make it look like Florida.
I wonder that with the advent of major league sports to Las Vegas, we will no longer be that small-town big-city that we all love to live in. We now have the Las Vegas Golden Knights, Las Vegas Aces, Las Vegas Aviators and the Oakland Raiders coming soon – I wonder what will be next?
Aside from economic stability, my focus is on drug use and prevention. New marijuana laws expand “legal” and illegal use and affect employers, families and individuals; as it remains a top-three addiction treated at my behavioral health agency.
I think the biggest challenge in Las Vegas in the next five years is the sheer amount of options available to the consumers. Venues and brands will have to continually evolve to make sure they are staying relevant to the millions of tourists coming to visit.
I believe with all the new professional sports teams that Vegas has and the new ones coming, will change the marketing direction of Las Vegas; and will give more Fortune 500 companies and big reason to expand to our city. This will compete with the casino market for tourist visitors in the coming years.