Add another retail center to the south end of Reno The Reno Design District 250,000 square feet of retail space dedicated to upper-end home improvement shops.
Expected lessees will be stores such as specialty tile centers, flooring, bath fixtures, windows all the pieces, large and small, that make up a weekend do-it-yourselfer's or an interior designer's shopping list.And all of them targeting the luxury homeowner market in the surrounding areas.
There'll be some casual dining areas, too, and a cappuccino shop, says Gina M.
Albanese, the CB Richard Ellis leasing agent on the property.
Partnered with Sacramentobased CBRE brokers Chris Campbell and Craig Burress, Albanese is still in the early stages of determining lease rates.
The Reno Design District, though, is just a year away, targeting a fall 2006 opening.
Designed by WM Architects Nevada, Inc., an affiliate ofWare Malcomb Architects, Inc.
in Irvine, Calif., the center is dressed in a sleek fa ade accented by towers and providing showroom frontage on Highway 395.
It's just south of the Barnes & Noble distribution center on 20 acres between Old Virginia Road and Highway 395."An exciting location," says Albanese, that places it in the midst of one of Reno's burgeoning retail cores near the Summit Sierra Lifestyle Center currently under construction, set for a March 2006 opening, and just down the road from the new Ethan Allen and upcoming Bassett furniture stores.
The design district is being developed as a joint venture by International Real Estate and Lanier One LP.
It's a clone of the Chula Vista Eastlake Design District, also developed by International Real Estate.
The southern California development firm has built over 1 million square feet of commercial development, says Albanese.
The Reno Design district will include a 33,000-square-foot and a 24,000-square-foot space.
Other spaces range from 15,000 to 21,000 square feet,with a handful of under- 5,000-square-foot spaces as well.
Contractors on the project have not yet been determined.
