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Massive Park Lane Mall Site in Escrow - Mixed-use Development Planned

by Mike Van Houten / Apr 11, 2016

The massive Park Lane Mall site is now in escrow, and a mixed-use development including housing, is planned. As if almost on cue from what the Urban Land Institute recently recommended to the City of Reno/Reno City Council, a mixed-use development is planned, which is waaaaaaaaaay better than the glorified strip-mall that was planned here previously. 

I can't wait to hear more information about this project. Chip Bolwby of Reno Land Development Company told KTVN, '"Housing, both for sale, for rent, high density housing, maybe have some senior component, maybe have some workforce housing. We'll also have professional offices, maybe medical, maybe a tech campus.” 

I had rumors that the Park Lane Cinemark/Century will be closing once the Meadowood one is built, but if a new development is coming here maybe those plans will change. 

Awesome! Let's get the ball rolling and get one of the biggest development-holes in central Reno filled. 

 

 

Tagged under: Midtown Reno | Park Lane Mall | big purchases | Park Lane |
Post your comments
  • sean
    April 11, 2016 - 11:47:23 AM

    Do you when the Meadowood Mall cinema is planning on opening?

  • Jason T
    April 11, 2016 - 3:49:06 PM

    This is excellent news.....not just that something is happening, but that the whole acreage is being developed by one group in a cohesive plan. Reno Development is a perfect developer as they have good vision for what Reno can and will become.

  • Scott P.
    April 11, 2016 - 5:27:57 PM

    It's about time. Since they tore the Park Lane Mall down, I've been saying this would be a great place for housing and some retail. We need more housing in this area to support the growth in Mid-Town and the surrounding area.

  • Walter H
    April 11, 2016 - 6:26:50 PM

    Quite a few "maybes" in the developer's statement, if he doesn't even have a design yet then this whole project is more than a few years away from being completed. Still - hopefully - this is good news, but I'll be interested in what is finally built and when.

  • Sara Lee
    April 12, 2016 - 7:21:53 AM

    "'This is where the hipsters want to be,' Bowlby said of what would be Reno’s largest urban land redevelopment since the recession." Talk about having your finger on the pulse.

  • SteveG
    April 19, 2016 - 9:32:14 AM

    Same group that is in escrow to sell Park Lane property is apparently starting back up another decade long delayed proposal in Sacramento. http://www.sacbee.com/news/business/article49944670.html

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