A permit has ben submitted for a new mid-rise apartment building in downtown Reno.
The permit reads:
NEW CONSTRUCTION. MULTI FAMILY MID-RISE, 69 UNIT, 5 STORY PODIUM.
The property is currently vacant, located on Stevenson and 2nd Street.
Tanamera will be constructing it.
The developer came forward to the council on September 23 to ask for a street abandonment (Stevenson Street abandonment) which you can view the public hearing here.
During that presentation, the developer committed to making some of the units affordable for police, fire, EMT and teachers, below market value.
The city council wasn't so quick to just give up the street this time, instead directing staff to pursue a development agreement between the City and the Developer to ensure that the space will be open to the public as a greenway and hash out the finer details. There were references to Mill Street and how the original plans for that abandonment didn't come to fruition.
The project will sit north of the former Reno Riviera Motel, which was recently remodeled into 'The Mod'.
Love this project and the process our city and developers are taking to gentrify the downtown area.