CommRow Moves Forward, Deal Struck

by Mike Van Houten / May 11, 2011

Did you watch the council meeting today on CommRow? It was quite the discussion!

If everything goes as planned, CommRow will be open by Labor Day, with the rock wall opening soon after. Also, at least 3 floors of the garage would be open by 9/1 in conjunction with CommRow for parking. CommRow is shooting for an estimated completion date of mid to late August with a soft opening at the end of August. Installation of the balcony should occur around mid-June. Entre Prises will begin constructing the wall in Oregon in June and construction of the wall would hopefully commence in July, with completion to be determined. They are hoping the wall will be completed by Labor Day as well, but that's up to Entre Prises. The hotel portion would open after the slower winter season, next March.

CommRow will feature:

  • 60,000 square feet of mixed-use space spanning the first three floors of the building
  • The world’s tallest competition climbing wall, built to International Federation of Sport Climbing professional specifications, to be built on the east face of the building, looking over the Reno arch
  • 163’ tall, 197’ at the top, accessed from the second floor
  • Designed and built by Entre-Prises Climbing Walls out of Bend, OR; industry leaders since 1985, they’ve
  • built more than 4000 walls around the globe
  • Beginner, intermediate & advanced climbs
  • A state-of-the-art , 7,000 sq. foot bouldering facility on the second floor
  • Two small music venues, 300- & 500-person capacity
  • F & B: Eleven micro eateries and beverage stations, each with a very limited array of diverse offerings
  • Hotel: 136 rooms will initially be opened, with the capability of adding the remaining 211 when needed. Rooms will feature clean, new, high-quality bedding and linens but no frills
  • First Floor, Second Floor and Third Floor PDFs of floor plans

Additionally, Leal outlined planned for an adventure park on top of the Fitz garage, including a bmx park, zip lines crossing Virginia Street down to the trench covers, and a skate park and additional outdoor bouldering park with restaurant as phase 2.

In what was sometimes a tense discussion between council members, the city council agreed to sell the Fitz the land under the garage with a stipulation that CommRow has to open before it has an option to buy the land under the garage. Jessica Sferrazza had a hard time with the decision, before eventually voting yes. She brought up that going through with this deal would leave a bond shortfall of $3.5 million, however city attorney John Shipman pointed out that after accounting for a reserve fund, possibly combining the two ReTRAC bonds and a few other adjustments, the shortfall is only about $1.5 million. Councilman Dave Aiazzi pointed out that by doing nothing with the garage, the shortfall is $6 million.

In this same discussion it was revealed there is a lawsuit between the Fitz and the owner of the T-Shirt shop on the first floor of the garage, dating back to before L3 Development acquired the garage. When Leal acquired the garage in 2008 he essentially 'inherited' this lawsuit. He mentioned the lawsuit had to do with whether the T-shirt tenant had a right to be a tenant at all, and that the Fitz wanted the T-Shirt Shop out of that space to put something in that would better utilize the space. The council rejected the T-Shop owner's proposal to buy the land under the garage instead and lease back to CommRow, mentioning that 'only Leal can re-open the Fitz and bring property tax and sales tax revenue to downtown.' It was kind of the city council's way of acknowledging the CommRow needs this garage to open.

In the end the council voted to approve the deal. In short, the CommRow has the option to purchase the garage for $2.5 million after CommRow opens. See here for more details on the deal. Not much of that deal has changed except the stipulation added that CommRow must open before they get the right to exercise the option to buy it.

For some reason the trench cover deal was pulled from the agenda, continued until the next council meeting.

Additional Coverage: RGJ

 

Factoids:

The non-profit Outdoor Foundation recently performed a 2010 Topline Participation Report which showed numbers and details of climbing participants. Below is a snapshot:

Climbing (sport, bouldering, or indoor) participation by people ages 6 years and up in the U.S. rose by 10.6% from 2009

Upwards of 4.7 million people tried climbing in 2010, from the enthusiast to the novice:

6,148,000 total people participated in either outdoor rock or sport climbing in 2010

24.4% were first time participants

49.9% are between ages 6-24

Average number of climbing outings 11.5 per year

Post your comments
  • May 12, 2011 - 7:57:29 AM

    Stupid. Only good thing about this is the construction dollars. Climbers are not into this, they're very thrifty. There is lots of existing mixed-use in town and those properties don't appear to be filling up.

  • May 12, 2011 - 8:55:26 AM

    Gotta say, Leal is an sure an ambitious fellow. Hope this works. Still hating the name Commrow.

  • May 12, 2011 - 8:55:45 AM

    I'm a climber, and I'm not thrifty. Most climbers I know are pretty affluent, it costs money to maintain proper gear, travel to climb. I look forward to this project, and the indoor boulder park and outdoor wall will be nice change from Rocksport. If climbers were thrifty Rocksport Indoor Climbing Gym wouldn't have hundreds and hundreds of members. From the presentation I saw before, that Leal guy is going to put in all the food places himself like Eldorado and Siena does, so it won't be just another building with commercial space for lease. That was my understanding. The rooftop bmx park looks sick.

  • May 12, 2011 - 10:05:34 AM

    You're right Paully...people have no clue who climbers (and outdoor enthusiasts in general) are really. They keep thinking we need to attract gamblers - when that's the goal, we'll no doubt fail to grow. The gambling-centric demographic is getting older - and it's time to attract younger families and companies downtown for something new. This could be it. And if it is, this could be the start of talking about downtown Reno in new ways - to a younger crowd that has time and money to spend. Isn't that part of what we need?

  • May 12, 2011 - 10:27:12 AM

    Kenny, your comment is laughable. Don't pretend to speak for an entire nation of climbers because you know of a few cheap (thrifty) bastards.

  • May 12, 2011 - 8:56:04 PM

    I know quite a few climbers. One guy my age makes about 100K and has had his picture in more than a few national mags. Another I know lives out of his jeep and lives to climb. So I'm not sure they fit a set demographic but I can assure you that all the dozen odd guys I've told about this are not driven mad to fly/drive to Reno and climb Commrow. Maybe the locals will keep this afloat. Maybe this will be the next Vegas. Maybe it won't last a year. Don't get me wrong, I'm hip to seeing this open but $10 bouldering passes and Thai Falafel generates only so much coin. Is this a band aid or a long term project? How does this pencil out when things turn around and overhead increases? Sorry but after witnessing Nandos mad project management skilz with the parking garage issue I'll wait to see the large lady sing before I become a believer.

  • May 12, 2011 - 8:57:31 PM

    ....and that's a damn fine drawing of the Fitz garage. I hope it happens!

  • May 12, 2011 - 9:13:13 PM

    This looks promising! The way I see it the outside wall will gather lots of attention and easily have a crowd of people watching the action. It has the potential to hold events and bring people downtown and most importantly change the VIBE downtown. I can't imagine most climbers being physced to climb the outside of the building on a regular basis so hopefully the inside bouldering will be well done for the locals that will utilize it. As someone who is new to town I post this question to the group. Does any new development downtown have to be geared for tourist? Do downtown businesses aim for tourists because locals just aren't interested or is this the way it's always been?

  • May 13, 2011 - 7:53:02 AM

    Anything in that space which makes the property `open for business' and gets the lights on, I think is much better than an empty building. People of any demographic who visit and spend time walking around the site will be better than the way it now. At least some of those visitors will spend some money, even if just for sandwiches, drinks, T-shirts, sunscreen or other small shop items. The value of a going concern there is helpful from a local property tax viewpoint. So I recognize it as a plus for the street. Although the activities planned there aren't my cup of tea, it seems reasonable to assume that somebody else is going to like those activities.

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