Jacobs has submitted a Development Agreement / Special Use Permit application for their (temporary) events facility on W 4th Street. It is an embarrassing piece of crap.
The full application is available HERE.
I get that this is meant to be a temporary fix until Jacobs finds a developer who has the deep pockets and “vision” to build $2400/month 1 bedrooms high-rise rentals on the site. I believe Park Lane is going to crash and burn on the same pro forma, and their basis is much lower and their location is far superior.
– The 60’x120′ tent is heinously ugly, unfit for filming My Big Fat Greek Wedding III and certainly unfit for one of Reno’s arterial streets.
-1 single dumpster for a 2000 person events center?
– Porta Potties on W 4th Street?
-Fence heights?
The one saving grace is this is the first time we have had a look at the Neon in the Neon District, and what they have in inventory to install. It appears that they actually plan to use neon and not fake the look with LEDs – DO NOT let this distinction be changed moving forward!
Do you like it?
REreno 
jim alex said:
Don’t trash Big Fat Greek Wedding, the first one was a dead on classic
We need more inventory before the Trump slump
Ivonne Richardson said:
Where on 4th street is this located at?
Bungalow Hugger said:
There is no one with deep enough pockets to step in and redevelop all of this vacant land if Jacobs pulls out of Reno. Many of the structures they demolished were dilapidated, but they were not beyond re-envisioning and could have provided adaptive reuse opportunities for smaller developers. I filed appeals, all of which were denied, for several of Jacobs Entertainment’s demo permits. I asked city council to implement a policy that if a developer wanted to demolish structures that would leave more than 1/3 acre of vacant land in the downtown corridor, they had to have approved redevelopment plans first. I wrote an op-ed in the RGJ stating that a “fountain district’ was an inappropriate concept for Reno that lacked context and that a neon district would be more fitting. I shamed our city council members who (all but one) posed for photos on Jacobs bulldozers on demolition day with NO concrete vision of what would replace the structures that were being demolished. This is a debacle of epic proportions. My next suggestion: If the corona virus makes it to Reno we can use this circus tent as a makeshift triage center.
Paul said:
My guess, and it’s only a guess, is that Jacobs’ has a lot of unsophisticated investors in tow on the downtown land acquisitions who are gonna be in a ton of hurt once the real estate cycle turns.
When someone with a track record of successful business experience wildly overpays for vacant land, then proclaims “oh gosh golly, that man from San Francisco told me I’d have to charge $2400 for a one bedroom to pencil the project here”, that may be a clue that he’s not financing the project with his own money.