Cal Ave Studios, located at 422 California Avenue, is now complete, and leasing units.
I admittedly didn't take a whole bunch of pics of this project during construction, but I did make a few rounds during the build process.
The units are all studios. They aren't shy about marketing these as 'luxury'.
The project consists of 36 studio apartments. Amenities include a hidden central courtyard, and a rooftop deck of some sort, white quartz countertops with waterfall edges, cellular roller shades, keyless entry, high ceilings and more. The HVAC is through-the-wall, a bit odd for a project priced this high. Maybe it was their only option?
The north-facing units provide great views of downtown (see gallery below).
The first available units have popped up on Zillow, and range from $1,375 for a 383 sf unit to $2100 for a 518 sf unit.
The project is located at 422 California avenue. Check out their web site for more information.
My thoughts? It's pricey, perhaps the most expensive studios constructed in Reno, beating even Reno Experience District on the pricing. I love the brick work on the first level, and thank goodness its not a parking garage or individual garages fronting California Avenue. The windows are large and numerous.
$4psf studio rent is more than Seattle, Portland, Denver. Miami or Austin. The saving grace is it's so much smaller than RED, they only have to find a few dozen folks willing to pay that, not thousands.