So where have I been the last 6 months any why did I stop posting?
First of all, my little urban infill firm is working on over 160 units in the urban core right now. 320 Grand Canyon is submitted for permit, 542 7th Street in Sparks is similar to 320 GC and waiting to submit for the first round of Plan Check Comments, 597 Grand Canyon will be submitted for an MCUP (Minor Conditional Use Permit) for 26 units on Monday, 16 units on Haskell are in Design Development, and another 75 units downtown are in development. Plus another 15 or so SLPs (shitty little projects, sorry clients!).
More importantly for posting, I have lost faith in the Planning Review process and haven’t found posting about new projects worthwhile or productive A submission to Planning for a tentative map is now just a Pre-Appeal which will be appealed to the Hearing Officer and then Judicial Review, then rinse and repeat. 2-3 year process to maybe yes or maybe no on a project. Stan Lucas, Reno Gateway Business Park, Meridian 120S, Santerra, Boomtown frankenwarehouse 2. There is no reason for me to report on these if they are going to be tied up the the legal and planning process for years.
Gossip is always good, but I work many of the the people I write about. Has the Katerra BK affected more than just the Westview project? I think so ,but don’t feel the need to get in the middle of it. Where is Reno Land’s 450N project, aka Belvedere S tower? Why is the Compass Point apartment project downtown now slated to be a stocking site for the UNR garage project for a couple of years? Who are the decision makes at the City of Reno when virtually every power position is “acting”?
I’m still here.
Mike
Floyd Rowley said:
HI Mike:
Welcome back!
Sincerely,
Floyd Rowley, CPA, CCIM
Founding Broker, Rowley Real Estate Advisors
NV license: B.1002223.CORP
679 Sierra Rose Drive, Suite A, Reno, NV 89511
775-224-3183
floyd@rowleyrealestateadvisors.com
http://www.RowleyRealEstateAdvisors.com
From: REreno
Reply-To: REreno
Date: Monday, July 5, 2021 at 7:57 PM
To: Floyd Rowley
Subject: [New post] Ennui
REreno posted: ” So where have I been the last 6 months any why did I stop posting? First of all, my little urban infill firm is working on over 160 units in the urban core right now. 320 Grand Canyon is submitted for permit, 542 7th Street in Sparks is similar”
geopower said:
Are you saying the code RENOvation has somehow not solved the city’s design review process? I’m shocked and appalled.
REreno said:
How’s this for a proposal? No sewer connection, park, or road impact fees for any project inside or within 1/2 mile of the McCarran loop. Outside of that, Park fees go to 1% of construction valuation and the $1000 cap removed. Sewer connection fees are based on actual cost based on location and sewer-shed, $15-20K instead of $6K. RRIF also about triples.
The Master Plan is about PLANNING and not about meaningful words of desire placed on a white board. Or was supposed to be. And now the updated Development Code codifies the air in the Master Plan.
geopower said:
OK- 2 years of pandemic in. Who had their money on a 40% rise in home prices? https://twitter.com/tabitha_mueller/status/1501269344373800963
GPC said:
I see a lot of price drops on Zillow. Has the bear been poked? or is this just a yawn?