Steve Neiger grew up in Naked City in the 1990s, attending junior high and Set Free Ministries, where Sunday gospel came in the form of rap music. His family struggled financially, at times unable to afford a phone or car and having difficulty keeping the lights on. He recalls going to grocery stores late at night with the pastor and his wife to ask for donations of food nearing its expiration date, which was then cooked at the church to feed homeless people.
Those experiences taught Neiger that there is always someone worse off and that people should help when they can. He said that’s when he learned the country doesn’t run on people who are selfish and unwilling to give back to their communities. It runs on people who take care of each other.
Today, Neiger is a managing principal at commercial real estate firm CAST with nearly 20 years of experience. He has focused on Southern Nevada’s growing retail sector, working on projects in Chinatown, downtown Las Vegas, and along the Strip. Over the past five years, he has been involved in hundreds of millions of dollars in leasing and sales transactions.
When asked about bright spots in the retail real estate market, Neiger pointed to upcoming attractions, more companies relocating to the area, and incoming professional sports franchises as drivers of economic growth beneficial to retail and restaurant industries. He identified land and power availability as the biggest challenges on the supply side, noting difficulties acquiring land from the federal government both inside and outside the SNPLMA boundary, and rising electricity access issues. He also highlighted soaring costs — including construction, municipal fees, utilities, taxes, and insurance — as a major burden, especially for mom-and-pop businesses.
Sources: Las Vegas Review-Journal
Original reporting: Las Vegas Review-Journal →
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