A couple of items on CommRow. First, an article in Northern Nevada Business Weekly about the project. Second, a public notice published in RGJ regarding the sale of the garage to DRW Fitz.
Although there appears to be some kind of delay as no exterior construction has begun, it still seems like the project is moving forward and keeping its traction. If I had to guess and speculate, I would guess that the project can't happen without the parking garage (how many hotels do you know of with zero parking?) and there could be some delays with that process. It looks like the garage issue/sale will be on the April 27 city council agenda.
Talk is cheap! This old adage is so true, especially in Northern Nevada; just ask GSR (5 new towers, world's largest water park, Bellagio fountains, Ferrari/Mazzerati dealership etc). Siena-2 was better off purchasing the 'Fitz' property (closer to the downtown core). The Siena just needs to be left alone as a high-end Ramada, a quick stay for nearby courthouse business or condos with a climbing wall. The only way for it to succeed is to demolish and relocate the useless National Auto Museum, build a parking garage in it's place and expand the floor into the existing south parking lot. Here is a company that retains the name, which means no need to buy new uniforms, signs, logo's, aggressive marketing or even a new website (cost effective). Unlike it's previous predecessor, this GM did one thing right and not go all in. They're testing the waters, but I can give them a better future perspective on the Reno market without waiting 3-6 months and spending on numerous campaigns/advertisements. Just look at RGJ's "Metromix" and under photos section you can get a glimpse of downtown Reno's clientele (young confused bar hopping adults who spend no less than $20 and no more than $40). They usually have a plastic beer cup in there hands and sporting the victory sign in the photos. I also predict almost half of the ecstatic new hires will be let go by the second week of August and a complete property restructure (debt) by mid-to-late November and than complete takeover by a third party on or before the holidays. -Architech is a new up and coming professional constructive critiquer and a forward thinker who resides in the Bay area, eats all organic and tells you what you know or need to know but sometimes don't want to hear.