After a couple year’s absence, Park Lane has updated their Web Site.
450 or so units are gone replace by the Tech Campus, 320,000 SF of office space in 4 buildings. Meh, we are all working from home now and this is just the latest desperate act to save the project. Is anyone clamoring for new office space at “market” rents? Still, 800 or so upscale rental units to hit the market in 2021 which will destabilize the rental market.
Paul said:
800 units in Park Lane alone. What’s the total number coming online in Reno, Sparks and Washoe County in the next 18 months?
Then, there’s the orgy of student housing construction happening on North Virginia.
John said:
The jealousy gets more palpable.