Despite the bad economy there are about six construction sites still plugging along in downtown Reno. Baseball is the driving force with the Triple A Reno Aces set to open their season next April in their new downtown stadium expected to bring approximately 5,000 people to the area. There will also be an entertainment district including shops and restaurants. There will also be a renovation of the historic Freight house that will be converted to a restaurant. The Hyatt hotel chain will be opening a 6 story hotel just one block from the river.
The West Street market is set to open on December 6 and will include 17 shops and restaurants in another historic district of brick buildings on the river. I recently hosted the Dickson Realty Real Estate today show from a penthouse at the Palladio right on the river downtown. I was absolutely amazed at the lifestyle that is being created in downtown Reno and the number of people that it is attracting. Baby boomers are tired of the maintenance and want to be able to walk to restaurants, movies, baseball games etc.., and on top of that you have spectacular views of the river and the mountains from Mt. Rose to Peavine mountain.
I do feel this forward thinking by the redevelopment agency to have this entirely new infrastructure in place by the time the econonmy does turn around will pay huge dividends in the years to come. Right now it is all about jobs and these mulitple projects will help fuel the Reno economy in a positive direction.
I am envisioning an entertaiment corridor extending from the whiter water park to the baseball stadium and then north to the University and then there are plans by developer Nick Pavich to develop about a 6 block area just south of the I 80 corridor. I will keep you posted on that as we learn more on it.
Posted by David Hughes on
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