Town Home Updates for Truckee River Townhomes, Grant’s Landing

Sorry for the lack of updates the past week and subsequent monster posting of updates today, but I had an extremely rough week to say the least fighting with stubborn computers. First an update on a stalled but now on track project on Dickerson Road I first outlined here. The models are almost fully framed and they are now pouring the curbs and preparing to install the streets. The development (with working name of Truckee River Townhomes) will apparently go by the name of “Upstream – Riverside. City Side. Townhomes.” The initial offerings range from 1258 sf ($243K) to 1604 sf ($287K) for building two. They are also offering the “6 models” in building one (which really appear to be three distinct models) at sizes from 1258 sf to 1693 sf and prices from $248K to $313K on a “lease back” basis – prices good thru the end of September. I haven’t seen any renderings on this yet, but the units should only share roofs and foundation, and not share any walls, and is along the Truckee River near the end of Dickerson Road off 2nd street. in other townhome news, Silverstar Communities web site says that Grant’s Landing’s sales office is now open Friday through Sunday, 12:00-5:00pm with pre-construction pricing available for a limited time. Still no word on a ground breaking date, nor the fate of Nightingale Manor across from Washoe Med.

Park Lane Mall demolition begins

A keen tipster tells me demolition has begun on Park Lane Mall. Right now they are working on separating Gottchalks (which will remain) from the rest of the mall (which will be demolished). Active demolition (ie visible from the outside) will begin later in October. Still no plans announced for the property, although in this latest Sept 13, 2007 version of the proposed South Virginia TOD Plan, it clearly shows that property as being titled unrestricted gaming on page 19 of the pdf. Hmmmm….to be continued.

Baseball Deal Approved by County…Play Ball!

9/30/2007 – RGJ LOOKS AT FACADE PROGRAM, LONGS DRUGS – I was out of town when it happened, but The County agreed to use the car-rental tax for the baseball stadium, so I think that’s it! No more hurdles, maybe a LITTLE more red tape, because there’s always red tape with a project of this magnitude, however the major hurdles are cleared, and in 3 months or so construction could/should start!

Redevelopment Agency learns why Longs Drugs is stalled

The Redevelopment Agency learned Wednesday that Longs Drugs downtown has not opened yet because of a stalled gaming license, which is pretty much the same unconfirmed reason I posted on the site a month back which I found out at a CAC Meeting. It has nothing to do with demographics, or the slowdown in sales downtown, it’s purely over 15 slot machines. I kind of agree with Dave Aiazzi, is it really going to make a difference to open the store without the slot machines and then install them when the deal works out in a month or so? Are those slot machines really that profitable compared to store sales? I don’t know, but I do know every time I go to the supermarket, I see maybe one or two people in the slot machines section gambling, be it Albertson’s, Raley’s, Shopper’s Square by The Pasta Mill, etc. Also mentioned in the article is the awesome Facade Pilot Program the Redevelopment Agency is heading up. You can read extended details on that in the post below this one.

Details of the Facade Program

Click for details.

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