Downtown Damonte, a 73-acre mixed-use development in the heart of Damonte Ranch, has announced plans for, a walkable canvas of dining, housing, office, retail, medical, recreational, and commercial opportunities with a target occupancy date of late 2024 to early 2025.
Downtown Damonte, a 73-acre mixed-use development in the heart of Damonte Ranch, has announced plans for, “a walkable canvas of dining, housing, office, retail, medical, recreational, and commercial opportunities with a target occupancy date of late 2024 to early 2025,” according to a news release.
It is one of three new projects to be developed by a partnership between The Di Loreto Cos., and Nevada Pacific Development Corp.
Downtown Damonte will include:
• 244,000 square feet of retail, shopping, dining, and bars
• 150,000 square feet of Class A office space
• 180 hotel rooms
• Up to 900 residential units
• Biking and pedestrian paths with a walkability and bike rating of 62
• Seasonal programming and special events
“We have definitely saved the best for last,” said Perry Di Loreto, president of The Di Loreto Cos., and master developer of Damonte Ranch. “As a result of the partnership between the Di Loreto Cos., and Dave and Cheryl Duffield, we are thrilled to bring these significant and unparalleled additions to Damonte Ranch and our entire community. We are very excited to share our vision for Downtown Damonte, the Liberty Dogs Campus, and the future home of Ridgeline, Inc., as we conclude more than 30 years of development in Damonte Ranch. It will truly be an unmatched destination where families, friends, and businesses can come together to live, work and play in south Reno.”
Around the area the following projects are in development:
• Ridgeline, Inc. Reno Campus. Within Downtown Damonte and adjacent to the urban core will be a technology campus for Ridgeline Inc. Founded by Dave Duffield, Ridgeline is a financial technology company developing an industry cloud platform for investment management. The Ridgeline campus is anticipated to have more than 1,500 employees.
• Liberty Dogs Campus. Located south of Downtown Damonte will be the new Liberty Dogs Campus. Liberty Dogs will be among the nation’s premier service dog training programs and facilities for veterans. The program will provide the nation’s veteran heroes with the ability to lead more independent and fulfilling lives through the enhanced emotional and psychological well-being that research shows a service dog provides. The Liberty Dogs program is the vision of local Nevada residents Dave and Cheryl Duffield and is funded through the Dave & Cheryl Duffield Foundation.
• Damonte Ranch Marketplace. To the east of Downtown Damonte will be the new Damonte Ranch Marketplace. The marketplace will include a Chevron Gas Station and convenience store, a Wild Wild West Car Wash, and Tahoe Natural Café. The marketplace is currently under construction on the southwest corner of Steamboat Parkway and Veterans Parkway.
“Cheryl and I are honored to partner with The Di Loreto Cos., to bring Liberty Dogs into the Downtown Damonte family,” said Dave Duffield, co-founder of the Dave & Cheryl Duffield Foundation. “It’s both extraordinary and humbling to think that we will be able to enhance the lives of our local and national veterans through the new Liberty Dogs service dog training program, and we can’t wait for it to begin operating in 2025, if not sooner. I am also excited to be able to bring Ridgeline’s new technology campus to Reno.”
With views of Mt. Rose and Slide Mountain, Downtown Damonte is located at the intersection of Damonte Ranch Parkway and Steamboat Parkway just east of I-580/U.S. 395 South in south Reno.
For information, visit DowntownDamonte.com.
