David Morris Group - Redevelopment Projects Give Old Businesses New Life in Reno - Reno Real Estate - Best Reno Real Estate Broker - Reno Renters - Reno Homes

Redevelopment Projects Give Old Businesses New Life in Reno

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David Morris Group - Redevelopment Projects Give Old Businesses New Life in Reno - Reno Real Estate - Best Reno Real Estate Broker - Reno Renters - Reno Homes

There used to be a time where you would drive downtown and see dilapidated motels and homes that needed some much-needed love to keep them standing, but that’s been something we’ve rapidly seen change over the last few years.

 

The expansion of the university and the cleanup projects happening in part due to the Neon Line District have brought a vibrancy to the community again. We’re seeing some continuous changes, and it’s not slowing down anytime soon.

 

In fact, Reno’s West Fourth Street is part of a current redevelopment project that will change an old motel into new apartments. The Courtyard Inn Motel is the latest piece of property to be bought up for the Neon Line District, and after the $5 million investment has been made, the motel will be a 38-unit apartment complex called Loft 601.

 

The new project will include plans to save 10% of the units for affordable senior housing. Loft 601 will be studio apartments with a new community room and kitchen for tenants to use. Construction is underway, and the target move-in date for renters is July 1.

 

In the last few years, Fourth Street alone has demolished or redeveloped 300 units of housing in hopes of updating the neighborhood and improving the living conditions in the aging properties. The overall end goal is to make the Neon Line District an attractive location for tourists and new renters alike, and that’s already been seen with the Burning Man art pieces along the corridor.

 

There are also talks about the Neon Line District being recognized by the city as its own district in order to seek funding for bike lanes and improvements to the general structure of the neighborhood.

 

Reno continues to be adaptable and thrive in any circumstance that’s thrown its way. We love keeping our finger on the pulse of these changes, and if you ever have any questions about what developments are underway and what it can mean for buying or selling a home, give us a call at (775) 828-3292.

 

David Morris Group Incremental Development Alliance Comes to Reno Real Estate Reno-Sparks Reno Alliance Best Real Estate Broker in Reno

Incremental Development Alliance Comes to Reno

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David Morris Group Incremental Development Alliance Comes to Reno Real Estate Reno-Sparks Reno Alliance Best Real Estate Broker in Reno

Reno has always been lucky to have residents with strong ties to the community who share a love for improving the area and fostering innovations of all kinds. Reno has also always been welcoming and accepting of new ideas, people, and projects, which makes it no wonder why other businesses, developers, and groups have always turned to Reno for help. It now seems that Reno is the one getting a little help, especially in terms of Reno real estate investment and Reno real estate development.

 

A not-for-profit group of knowledgeable individuals has been hosting monthly events to help small developers and residents strengthen their neighborhoods with small-scale real estate projects. The group is called the Incremental Development Alliance, and they support the idea that communities are built from within. They help residents invest in their communities and help businesses with small scale developments in order to ensure the area grows and thrives.

 

The first of the monthly Incremental Development Alliance talks took place in Reno on November 5. Andrew Samuelsen was the guest of honor, and he talked about how he switched careers from Software Development to Real Estate Development in Reno, as well as all of the steps in the process to complete his first big project.

 

The next Incremental Development Meetup will be on Tuesday, December 3, from 6 – 7:30 PM, and will be held at the Reno Collective. This group is geared towards landlords, developers, architects, designers, wanna-be developers, city planners, and anyone who wants to strengthen our neighborhoods using real estate development as the tool. If you have a curious mind and an increasing desire to learn how to help the community, the Incremental Development Meetups are perfect for you.

 

Network, gather ideas, and build a team to take Reno to the next level. Meet people that share in your passion for change and strive to be pioneers for the betterment of the community. We look forward to being your partners in taking these small-scale real estate projects further, and if you ever have any questions about the real estate market, don’t hesitate to reach out to your friends at the David Morris Group.

 

David Morris Group Reno Homes Making Room for UNR Best Reno-Sparks Real Estate Broker

Reno Homes Making Room for UNR

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David Morris Group Reno Homes Making Room for UNR Best Reno-Sparks Real Estate Broker

The Gateway District is a historic neighborhood in Reno and is bordered by Interstate 80, Ninth Street, Virginia Street, and Evans Avenue. This means that the Gateway District is close to the entrance of the University of Nevada, Reno’s campus and the perfect location for the university to set their sights for expansion.

 

UNR has already begun tearing down eight homes in the area as part of the plan to make room for academic buildings and a parking garage. For anyone driving down Center Street, metal fences and bulldozers can be seen in preparation for the project. One house has already been razed, and three more are scheduled to follow shortly.

 

Before 2019 is over, the demolition portion of the project should be completed, but the timeline could change depending on permit approvals. Center and Lake streets are rife with demolition currently and will be seeing a lot of construction in the next couple of months.

 

To keep the project moving, a design for a parking garage located in the University Gateway Precinct is underway. With student and faculty growth multiplying, there’s a large demand for more parking spaces close to the campus. The Gateway Precinct parking garage will add an additional 720 to 1,000 parking spots in a desirable location at the south end of campus. The current design shows the parking garage is an eight-story, 250,000 square-foot structure to be completed fall of 2021.

 

That’s not the only design that the university has been working on though. There are also specs for a new multi-story College of Business building located in the University Gateway Precinct underway. The building will house the Ozmen Center for Entrepreneurship, the Nevada Small Business Development Center, the Dean’s office, and a Student Success Center, as well as auditoriums, classrooms, offices, specialty lab spaces, retail, and supporting functions. This project is a little farther off as it’s projected that construction won’t begin until the summer of 2021, with completion happening in the summer of 2023.

 

If you’re curious about what the university’s expansion could mean for your home’s value and your neighborhood, give our team a call! We’re happy to give you some insight into the real estate market, and should you be thinking of buying or selling a home, we’re always here to make the transition as stress-free as possible.

 

David Morris Group Stay in the Know_ 4 Construction Projects Happening Around Reno Reno-Sparks Real Estate Reno-Sparks Homes

Stay in the Know: 4 Construction Projects Happening Around Reno

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David Morris Group Stay in the Know_ 4 Construction Projects Happening Around Reno Reno-Sparks Real Estate Reno-Sparks Homes

 

The rattle of the bulldozers, hammers, and cranes have been heard throughout Reno. With all of the construction happening, it’s hard to keep up on what projects are taking place and what has been done in the recent months. We have an update on some really exciting projects everyone should know about!

 

Esprit Townhome Apartments
The Reno-Sparks housing communities are seeing a large need for middle homes, better known as a market between apartment living and single-family home lifestyles. The Esprit Townhome Apartments consist of 126 three-story townhouses tucked on a 7.88-acre lot. The construction area is close to Veterans Parkway and Geiger Grade. Construction crews are already clearing the land and it’s expected that the clubhouse will be finished in spring 2020 with residents starting to move in around that time.

 

OnTrac
This logistics firm is currently building a 186,600-square-foot space in Reno’s North Valleys. The new facility could be a complement or a replacement of the 165,000-square-foot distribution center on Vista Boulevard in Sparks, but there’s been no word on what OnTrac plans to do with both properties.

 

The Pavilions
The Pavilions shopping center on South Virginia Street continues to be touched up. The whole shopping center is getting a facelift with a new lumber and slate exterior. There has also been interior demolition of walls, grid ceilings, and HVAC systems.

 

Steamboat by Vintage
Last July a low-income apartment project broke ground and it’s finally coming together! The clubhouse is open and the first apartment buildings have residents moving in. The development has one, two, and three bedroom apartments available for people who fit the low-income household thresholds. The property also features three playgrounds, an outdoor swimming pool, a fitness facility, and a dog park.

 

Affordable housing continues to be an area that developers and city officials are focusing their attention. With this comes a lot of construction and new projects springing up. If you’re ever curious about what’s happening in your neighborhood and how the coming changes could affect the resale value of your home, contact us at The David Morris Group. We’re happy to give you an insider’s perspective into the real estate market and help you buy or sell a home!

 

Construction Update: 3 Projects Happening Around Reno

Construction Update: 3 Projects Happening Around Reno

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Construction Update: 3 Projects Happening Around Reno

It’s likely that on your drive to work and on your way to meet up with friends you’ve seen some of the construction happening around town. There are a lot of projects currently underway and they can bring more growth and opportunity for the community. Below are some of the developments you should know about.

 

Aloft Hotel
Located immediately adjacent to the Reno-Tahoe International Airport is a 164-key Aloft hotel that will be the first tech-forward lifestyle hotel in Reno. Aloft falls under the Marriott International hotel umbrella, and Reno will be the company’s first Nevada location. The hotel is said to come with a vast array of amenities including portable breakfast pots instead of continental breakfast, live music in the lounge performed by indie artists, and towels and toiletries delivered by a robot butler. Rooms will also feature 9-foot ceilings, rainfall showerheads and pet-friendly touches for dogs under 40 pounds. The target opening date is set for sometime in the spring of 2020.

 

Chase Bank
Chase Bank has been very open about the desire to expand the company’s reach in Nevada, which is why the newest branch will be coming to Spanish Springs. While the permits were issued back in March, construction hasn’t quite happened yet. It’s hard to say when this second Sparks location will open up, but it’s a big step in Chase’s plans to join the Northern Nevada community.

 

ER at McCarran NW
North McCarran Boulevard will soon be the sight of a new emergency room, all part of Northern Nevada Medical Center’s expansion plans. There’s currently a shortage of doctors in the area and this construction project has hopes to remedy that. The 10,840-square-foot facility is expected to open sometime in 2020, and there are plans to work on models to increase access to behavioral health services.

 

There are so many exciting projects happening around town, and there are sure to be some great perks and growth opportunities that spring up as an effect of the construction. If you’re ever curious about how the area has changed over the years and what Reno and Sparks could look like with these new developments, give our team a call! We’re happy to give you some insight into the city we love to call home.