Shopping Area Sign Small Business Confidence | Business
There is a new confidence for small business. Areas all over the Las Vegas valley are seeing shops and restaurants opening.
The newly remodeled Village Square at Ft. Apache Road and Sahara Avenue is adding seven new businesses.
One of them is Pisces Reef, Fish Emporium which features fresh and salt water fish along with all the accessories for fish tanks.
"I saw incremental improvements in the economy. Little ma and pa shops opening up," owner Belinda Lavezzi said.
For her, one of the striking positives was people's willingness to spend.
"People like these type of things. As you have more disposable income, you look to find what makes you happy," Lavezzi said.
She is not the only small-business owner noticing it. Thirteen new businesses have popped up in the last 18 months at Village Square alone.
Even with all the growth, Lavezzi did not take any chances and did some research before she invested.
"The traffic count is tremendous. Something like 61,000 cars up and down Sahara and Ft. Apache on a daily basis. That is huge," Lavezzi said.
So far, she has been able to hire three part-time and three full-time employees. She says if business goes well, she plans on expanding.
Village Square isn't the only commercial property doing well. Panattoni Development Company announced it sold out its commercial properties at the business park at Buffalo Road and the 215 beltway for a combined price of $800,000.