/ TECH CAMPUS
RENO EXPERIENCE DISTRICT
RENO EXPERIENCE DISTRICT
/ RED RENO ±1,300 LUXURY APARTMENT HOMES
RED is both a world of its own, and a part of
RED will be composed of a total of seven unique
the world’s biggest little city. Positioned at the
apartment buildings. While the apartments
corner of the city’s main arteries, Plumb Lane and
will maintain common threads in design, each
S. Virginia Street, RED provides a cultural haven
building will offer its own unique amenity that
within Central Reno, just south of Midtown. Reno
will be accessible to all residents.
is experiencing a rebirth and making its name in art, culinary experiences, outdoor activities, hardcore leisure, innovation, and so much more.
SHOP & EAT
The people of Reno are more passionate than
±70,000 Sq. Ft. Retail & Market Hall
ever as they flock to the streets to share their personal legends.
The Market Hall, the culinary anchor of the project hosts 14 unique local offerings including
RED’s prime location in Central Reno places
a brewery, a hidden speakeasy and a multi use
people amidst the city’s finest cultural
event venue.
experiences as well as minutes away from downtown, midtown, and the Reno-Tahoe airport.
VISIT 170 Room Hotel With close proximity to the Reno-Tahoe International Airport, and Reno’s main streets and highways, RED sets people up for adventure. With 170 rooms, the hotel will be a place for peace and restoration for Reno’s nomads.
COLLAB ORATE Tech Campus ±382,000 Sq. Ft. Custom Office Campus with four modern buildings and an outdoor park area.
CONNEC T The Great Park provides 2 acre of creative space and is flanked on all sides by a theater, shops, restaurants and the Market Hall.
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LIVE . SHOP & EAT. COLLAB ORATE .
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/ AERIAL OVERVIEW SITE SUMMARY
COLOR LEGEND
Building A - 6 Levels
±132,000 Sq. Ft.
Building B - 5 Levels
±110,000 Sq. Ft.
Building C - 5 Levels
±110,000 Sq. Ft.
Building D - 1 Level Total
TECH CAMPUS (A, B, C & D) RESIDENTIAL
30,000 Sq. Ft. ±382,000 Sq. Ft.
Parking (3.5/1,000) = 1,337 Spaces
RETAIL/ RESTAURANT HOTEL MARKET HALL MOVIE THEATRE
A
BANK PARK Airport
u
t Pl
Eas
ane
L mb
RENO EXPERIENCE DISTRICT
D
C
South Virginia Street
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B
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UNIVERSITY OF NEVADA, RENO
DOWNTOWN
 SAN FRANCISCO
MIDTOWN
RENO EXPERIENCE DISTRICT
RENO CONVENTION CENTER
/ FEATURES & PERKS 1.2 miles to Reno-Tahoe International Airport 2 miles to Truckee River Walk 3 miles to University of Nevada, Reno campus 45 miles to Lake Tahoe recreational area Reno Public Market across the street at Plumb Lane (currently under renovation) to include — Sprouts Market — Food Service — Banks Chase – currently under construction Heritage Bank Wells Fargo EV car charging stations throughout Gym within Office Park Campus
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Movie Theater with conferencing capabilities
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/ BUILDING A, B, and C
/ TECHNICAL SPECIFICATIONS BUILDINGS A, B & C One (1) 6-story building offers ±132,000 sq. ft of rentable workspace Two (2) 5-story buildings offer ±220,000 sq. ft of rentable workspace One (1) 1-story building offers ±30,000 sq. ft. of rentable workspace (Building D, detailed on following page) Net site area: ± 8.15 acres
BUILDING EXTERIOR Building dimensions: 210’-0” × 100’-0”
FLOOR HEIGHTS First to second floor-to-floor 16’-0” Typical floor-to-floor: 13’-0” Ground finished ceiling height 15’-1” Typical finished ceiling height: 12’-1”
ON-SITE HIGHLIGHTS Close proximity to dining, shopping and entertainment at dynamic shopping centers
BUILDING ENVELOPE The exterior building envelope consists of a window wall system of varied glazing widths with a maximum width of 4’-6” and operable windows for passive ventilation
Long grain #6 stainless steel elevator doors and frames in main lobby Number of cabs per building: Three (3) Type: Gearless Traction MRL Speed: 350 ft. per minute
HVAC SYSTEMS TBD
Nearby apartments and executive housing 5 Minutes to Reno-Tahoe International Airport
Building height: 63’-0” One (1) amenity buildings (±5,832 sq. ft.)
ELEVATOR SYSTEMS (really TBD right now)
F I R E PROTECTION SYSTEMS Automatic fire sprinkler and standpipe systems
PARKING Parking, including accessible parking, will be provided by a parking structure Parking ratio (per office rentable sq. ft.): 3.5/1000 Electric vehicle charging stations: TBD Bicycle lockers: TBD
ELECTRICAL SYSTEMS TBD
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BUILDING SPECIFICATIONS
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/ TECHNICAL SPECIFICATIONS BUILDING D BUILDING SPECIFICATIONS One (1) 1-story building offers ±30,000 sq. ft. of rentable workspace 1,350 sq. ft. terrace at each end of building
BUILDING EXTERIOR Building dimension: 150’ x 220’
BUILDING ENVELOPE Corrugated metal and window wall system along with skylights for even daylighting
BUILDING HEIGHT Varies from 27’ – 39’-6”
CEILING HEIGHT 23’-0” up to 33’-6”
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/ BUILDING D
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/ FLOOR PLAN Rooftop Mechanical
Rooftop Mechanical
Concrete Slab (noConcrete beams) Slab (no beams)
30’ X 37’-8” Column 30’Bay X 37’-8” Column Bay
BUILDINGS A, B AND C
BUILDING D
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Building D single tenant example
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/ LUXURY APARTMENT HOMES
LUXURY APARTMENT HOMES RED will be composed of a total of seven unique apartment buildings. While the apartments will maintain common threads in design, each building will offer its own unique amenity that will be accessible to all residents. Unique to RED is the Lyon Living experience. With an on-site leasing and service team, residents have luxury concierge-level hospitality accessible at their fingertips.
Âą1,300 Luxury Apartment Homes
Each apartment building has its own personality and vibe defined by its amenities and communal spaces. Sparkling Pools & Spas
Barbecue & Picnic Areas
Co-working Spaces for Seamless Work-Life Transitions
Indoor and Outdoor Lounges
Dog Parks Skyloft Bars with Park and Mountain Views
Clubhouses with Billiards, Ping Pong, and Shuffleboard Access to Onsite Food, Beverage, and Everyday Necessities
RENO EXPERIENCE DISTRICT / REDRENO.COM
High Performance Fitness Centers
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/ MARKET HALL + THE GREAT PARK THE MARKET HALL The Market Hall is the culinary anchor of the project with 14 unique local offerings including a brewery, a hidden speakeasy and a multi use event venue. RED’s unique food hall concept highlights the community’s cult favorites, while also introducing international visionary artisans. Market Hall will be an oasis in a food desert that highlights fresh produce, healthy grab-and-go meals, daily essentials, bars, breweries, pubs, distilleries, and artisanal bread, pastries, and coffee. Doubling as a social house, with areas for live entertainment, it will feature lush, green dining spaces with living walls and airy lounges for people to gather.
THE GREAT PARK Serving as the epicenter of RED, the Great Park provides 2 acre of creative space. The Great Park is flanked on all sides by a theater, shops, restaurants and the Market Hall. The park is the living room of the community with outdoor dining, lawn chair movie nights, maker fairs and a program of events throughout the year. The park is designed as a series of garden rooms specifically built around planned programs. The park will be designed to accommodate large groups but also have intimate areas for residents that just want some peaceful time outside of their apartments.
RENO EXPERIENCE DISTRICT / REDRENO.COM
to accommodate large and small groups and
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/ HOTEL
Element by Westin Reno will consist of 170 rooms with a 6,000 Sq. Ft. ground floor restaurant.
International Airport, and Reno’s main streets and highways, RED sets people up for adventure. With 170 rooms, the hotel will be a place for peace and restoration for Reno’s nomads. Rooftop pool Fitness Lobby bar/lounge (open to public)
RENO EXPERIENCE DISTRICT / REDRENO.COM
With close proximity to the Reno-Tahoe
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/ WHY RENO?
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THE BIGGEST LITTLE CITY IN THE WORLD Reno residents have access to first-class entertainment, dining, and recreational opportunities all within view of the snow-covered Sierra Nevada mountains which rise to the west. The Truckee River runs through the heart of downtown and Lake Tahoe is a mere 30 minutes away. Reno is home to outstanding institutions of higher learning, including the Tier 1 University of Nevada and the internationallyrecognized Desert Research Institute; a Triple-A baseball park; an urban Whitewater Kayak Park; and a number of industrial giants, including Microsoft Licensing, International Gaming Technology, and Lincoln Electric. The Reno area is ranked the #1 MSA for job growth (Milken Report 2020). More Bay Area companies are moving here to lower their operating costs and establish themselves in a place where their business can grow and where their employees enjoy a lower cost of living.
Reno is now a city of sustenance as well as indulgence. — The New York Times
NEVADA, A BUSINESS - FRIENDLY STATE…
WORK - LIFE
Companies like Tesla, Switch, Microsoft, Apple, Amazon, Zulily, Patagonia, Urban Outfitters, Thrive Market, Petco, and Panasonic call Northern Nevada home to some of their most crucial business functions. See the advantages of moving your company to Nevada below to understand why it’s a business-friendly state.
GROWING TECHNOLO GY ECOSYSTEM
Reno Cost of Living
Reno average commute time
40% Less Than Bay Area
15 minutes, 3 hour drive to Bay Area, 30 minutes to Lake Tahoe
Home to Tesla, Apple, Google, Microsoft, Intuit, Switch, Clear Capital, Figure
and ski resorts
Technologies, rfxcel, Alchemy/Workday, Bombora, Sierra Nevada Corp.
COMPETITIVE COMMERCIAL UTILITY RATES Companies are more profitable when they keep operating costs low.
NO corporate income tax
In Nevada, the commercial utility rates are less than half California’s. That means companies relocating from California can save over half on their monthly utility costs.
NO inventory tax NO franchise tax NO personal income tax NO inheritance tax NO estate tax NO unitary tax NO intangibles tax
NEVADA BUSINESS TAX INCENTIVES SUPP ORTS PRIMARY INDUSTRY SECTORS The Nevada Governor’s Office of Economic Development (GOED) offers tax incentives to companies that relocate or expand their businesses, subject to meeting the criteria for job creation, average wage, and capital investment, medical benefits.
RENO EXPERIENCE DISTRICT / REDRENO.COM
FAVORABLE TAX CLIMATE
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ECONOMY
GREATER RENO - SPARKS, NEVADA
Reno’s economy is principally based in the trade and service sector, with approximately 65% of the work force employed in these occupations. Although gaming and other recreational activities represent a significant portion of the growing economy and assessed valuation, the City is experiencing gradual diversification of its business base with the expansion of distribution, warehousing, and manufacturing facilities. Approximately 25% of the workforce is employed in the fields of construction, manufacturing, transportation, communications, public utilities, and finance related services.
THE ADDITION OF TECH COMPANIES IS ACCELERATING IN THE RENO - SPARKS REGION More and more technology-driven companies are relocating to the Reno-Sparks region and it’s no accident. Built on a foundation for the growth of technology with our success in attracting advanced manufacturing and data centers, some of the biggest names in technology like Apple, Google and Tesla have already made the move to our region, followed more recently by Switch, Clear Capital and Flirtey.
18%
24%
Labor Force Population
Employment Growth in
Growth in Last Five Years
Last Five Years
EDUCATION
16+33+51A 25+21+54A 29+17+53A 29++54A17 3 Min
5 Min
7 Min
3 Min
No HS
HS or Assoc.
Bach+
DEMO GRAPHICS 3 MINUTES
5 MINUTES
7 MINUTES
10 MINUTES
2019 Businesses
837
2,633
5,291
9,321
2019 Employees
18,060
38,316
90,817
144,104
2000 Population - Census
11,152
33,420
57,938
116,088
2010 Population - Census
10,577
32,564
56,265
114,378
2019 Population - Current Year Estimate
12,383
36,249
62,188
124,554
2024 Population - Five Year Projection
13,329
38,309
65,463
130,526
2019 Average Household Income
$46,442
$57,908
$63,740
$68,303
2024 Average Household Income
$54,329
$67,137
$72,576
$77,106
Place of Work
Population
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Average Income
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RENO EXPERIENCE DISTRICT
For more information, please contact:
Rick M. Kaplan
Executive Vice Chairman +1 949 955 7643 rick.kaplan@cushwake.com
Robert W. Lambert
Executive Director +1 949 930 9212 robert.lambert@cushwake.com
View Site Specific COVID-19 Prevention Plan
©2020 Cushman & Wakefi eld. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verifi ed. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.