Reno Revival Moves Forward with Approval of Tentative Map

Credit: Gensler/Ahlquist/Reno Gazette Journal

A tentative map for the Revival project was recently approved by the Reno Planning Commission.

The project is owned by Madison Capital Group and is being developed by Ahlquist. Gensler is the architect, and Engineered Structures, Inc. is the general contractor. (NVBEX March 15; April 3)

Plans consist of 282 multifamily units, 133.7KSF of retail/entertainment space, 120.5KSF of office space, 12.1KSF of amenities, 390 hotel rooms, a 900-parking space garage and a 50KSF plaza.

In total, there will be two large towers featuring retail on the first floor. One tower will be made up of residential and office space, while the other will contain the hotel.

The tentative map is set to subdivide the former Harrah’s casino into 33 separate parcels.

-image
Credit: Ahlquist

Construction had previously commenced on the project but later halted due to funding issues. Madison Capital Group then purchased the development with the intention of proceeding with construction.

While the map was approved, commissioners did weigh in on concerns surrounding traffic, pedestrian access and safety.

Construction could commence as early as September, with a financing agreement near finalization.

We thought you may also like these articles...
Clark County Authorizes $10M for Sahara Event Center Redevelopment
Henderson and Agora Teaming Up for Fiesta Henderson Redevelopment Project
Bally’s Las Vegas Receives Approval of Entitlements for First Phase
Developers Behind Reno Soccer Stadium Considering Funding Options
VICI and Caesars Join for NBA Arena Proposal

Leave a Reply

Your email address will not be published. Required fields are marked *

Learn More About Our Services

Get a Free Look at What NVBEX Covers

Sign up for the NVBEX Insider to receive a small selection of the project news, solicitations and market updates featured in our comprehensive, twice-weekly digital magazine, NVBEX.