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COLLIERS INTERNATIONAL5520 Kietzke Lane, Suite 300 Reno, NV 89511 P: +1 775 823 9666 | F: +1 775 823 4699 www.Colliers.com/Reno
ROXANNE STEVENSONSenior Vice President+1 775 823 [email protected]
CASEY SCOTT, CCIMAssociate Vice President+1 775 823 [email protected]
MICHAEL MALONEY Senior Associate+1 775 823 [email protected]
SKYPOINTE REN0
MCKENZIE PROPERTIES5520 Kietzke Ln Suite 400
Reno, NV 89511 P: +1 775 329 5181
www.McKenzieProperties.com
South McCarran Boulevard & South Virginia Street | Reno, Nevada
SKYPOINTE RENO
> Skypointe offers a well-balanced mix of 170,000 square feet of new office space and 35,000± square feet of energized retail and vibrant restaurants
> Located on the most prominent intersection in Northern Nevada’s largest retail and office district
> First contemporary ground up mixed use urban development of its kind in the market
> New parking garage providing 850 convenient on-site parking spaces
> One thousand projected occupants for the office towers that will be linked to the restaurant and retail spaces
> Designed by world renown Gensler Architects
> Draws from an expanded trade area with Northern Nevada’s only regional mall, Meadowood, directly adjacent
> Most traveled intersection in Reno with direct access to I-580 on/off ramps
> Seeking a prestigious mix of high profile retail and restaurant tenants, innovative emerging brands, fashion, and technology to support the 178,930 employees, strong tourism, and residential population
A Hub Where Innovation and Exuberance Meet
May, 2019 – Skypointe – 2
SKYPOINTE RENO
Architectural Rendering Looking East From South Virginia Street
May, 2019 – Skypointe – 3
SKYPOINTE RENO
RENO + OFFICE + RETAIL + DINING =A NEW URBAN EXPERIENCE
Architectural Rendering Retail and Dining Space
May, 2019 – Skypointe – 4
MEADOWOOD MALL
SOUTH MCCARRAN BOULEVARD 31,000 ADT35,000 ADT
RENO SPARKSCONVENTION CENTER
KIETZKE LANE
KIETZKE LANE
PROPOSED STATION CASINO
SMITHRIDGE PLAZA & CENTER
RANCHARRAH
20,000 ADT
23,000 ADT
134,000 ADT
SOUTH VIRGINIA STREET
SKYPOINTE RENO
REDFIELD PROMENADE
FIRECREEK CROSSING
South Facing Aerial
SKYPOINTE RENO
May, 2019 – Skypointe – 5
3883 HOWARD HUGHES PARKWAY / SUITE 650 / LAS VEGAS,NV 89169 Reno Parcel Test Fit | 3
04. 19. 19SITE AERIAL [ Vicinity]
N
SKYPOINTE
CORPORATE POINTE
S McCarran Blvd - 31,000 ADT
134,
000
ADT
S Virginia St - 23,000 ADT
Surrounding Area Aerial
SKYPOINTE RENO
May, 2019 – Skypointe – 6
MOANA LANE
LAKE
SIDE
DRI
VE
EAST TO TRIC9 MILES
NORTH TOSUSANVILLE
WEST TOTRUCKEE
MT. ROSE HIGHWAY
GALENA
CAUGHLIN
SPARKS MERC
SKYPOINTEReno-Sparks Convention Center
A new community making a historic statementReno has been known as the “Biggest Little City in the World”,
but it is growing. With the recent boom of large companies such as Tesla, Switch and Apple moving into the region, Reno is
now seeing an expansion as a technology hub. Skypointe is an opportunity to enhance Reno’s cultural characteristics by creating an epicenter that adds to the dynamic and diverse layers that is unique to Reno. A beacon of excitement and driver of innovation; this project will become a desired location that will foster new
beginnings and bolster a burgeoning technology market.
SKYPOINTE RENO
May, 2019 – Skypointe – 7
13
Scale 1” = 100’-0”
0 25’ 50’ 100’ 200’
N
May 15, 2019 || Reno Parcel Development | Reno NV
28
MCCARREN BLVD
ENTRY
6 LEVELS
19
S. VIRGINIA ST.
27880 SF
(E) CORPORATE POINTEOFFICE BUILDING
5471 SFOFFICE
18' - 0"
216' - 10"
32269 SFPARKING
141' - 6"
67' - 10"
60' - 4"
150' - 0"
60' - 4"
10
18
1
9
48
29
13' -
0 "
BUS STOP
FUTURE PARKINGGARAGE
38
PLAZA
RAMP
4584 SFF&B
4848 SFF&B
4684 SFF&B
3145 SFF&B
1785 SFRETAIL
1785 SFRETAIL
1875 SFRETAIL
2213 SFRETAIL
1772 SFRETAIL
1772 SFRETAIL
1772 SFRETAIL
1710 SFRETAIL
2222 SFRETAIL
39
86' - 6"
30' - 0"65' - 0"
69' - 6"
121' - 3"
60' - 0"
90' - 0"
4 LEVELS ABOVE GRADE32,269 SF/LVL
LEVEL 01: 82 SPACESLEVEL 02 - 04: 91 SPACES/LVL355 TOTAL
SURFACE PARKING: 75
273' - 0"
2364 SFCIRCULATION
11658 SFOFFICE
1263 SFBOH 5436 SF
OFFICE
49
56
63
57 69
64
75
70
15' - 0"
40' - 5"
121' - 3"
SERVICE
SERVICE
SERVICE
SITE PLAN - [Level 01]
PROPERTY LINE(5.49 ACRES)
SETBACK LINE
30,000 SF
--
100,000 SF
--
--
130,000 SF
PARKING GARAGE (4 LVLS ABOVE GRADE)(355 TOTAL SPACES)
SURFACE PARKING(75 TOTAL SPACES)
F.A.R. = GROSS FLOOR AREA GROSS LOT AREA
F.A.R. = 492,366 SF 239,144 SF
= 2.05
16,906 SF
17,261 SF
166,378 SF
--
1,830 SF
202,375 SF
129,076 SF
--
492,366 SF
ENCLOSED PROGRAM SUMMARY
PARKING PROGRAM SUMMARY
TOTAL GROSS FLOOR AREA
Owner ProvidedSquare Footages
(02/04/2018)
Site StudySquare Footages
(current scheme)
--
--
RETAIL PARKING REQUIRED
FOOD & BEVERAGE REQUIRED
OFFICE PARKING REQUIRED
TOTAL PARKING REQUIRED
JOINT USE REDUCTION (8.0%)
TOTAL PARKING PROVIDED
Parking Code Requirements: Retail 1 space per 220 sqft. F&B 1 space per 110 sqft. Offices 1 space per 275 sqft.
77 SPACES
157 SPACES
605 SPACES
839 SPACES
775 SPACES
854 SPACES
PARKING
137 SPACES
--
364 SPACES
500 SPACES
--
--
RETAIL
F&B
OFFICE (6 LVLS)
(E) OFFICE (3 LVLS)
BOH
SUB TOTAL AREA
UNDERGROUND PARKING(424 TOTAL SPACES)
SUB TOTAL AREA
160,915 SF
289,991 SF
--
Mixed-Use Base Zoning Requirements: Min. Floor Area Ratio (FAR) = 0.33 or greater = 239,144 sf (5.49 Acres) : 183,388 (4.21 Acres) Max. Buildable Area= 350,000 sf (Ref. CCR’s - Expired) Max Building Height = 100 feet above grade
13
Scale 1” = 100’-0”
0 25’ 50’ 100’ 200’
N
May 15, 2019 || Reno Parcel Development | Reno NV
28
MCCARREN BLVD
ENTRY
6 LEVELS
19
S. VIRGINIA ST.
27880 SF
(E) CORPORATE POINTEOFFICE BUILDING
5471 SFOFFICE
18' - 0"
216' - 10"
32269 SFPARKING
141' - 6"
67' - 10"
60' - 4"
150' - 0"
60' - 4"
10
18
1
9
48
29
13' -
0 "
BUS STOP
FUTURE PARKINGGARAGE
38
PLAZA
RAMP
4584 SFF&B
4848 SFF&B
4684 SFF&B
3145 SFF&B
1785 SFRETAIL
1785 SFRETAIL
1875 SFRETAIL
2213 SFRETAIL
1772 SFRETAIL
1772 SFRETAIL
1772 SFRETAIL
1710 SFRETAIL
2222 SFRETAIL
39
86' - 6"
30' - 0"65' - 0"
69' - 6"
121' - 3"
60' - 0"
90' - 0"
4 LEVELS ABOVE GRADE32,269 SF/LVL
LEVEL 01: 82 SPACESLEVEL 02 - 04: 91 SPACES/LVL355 TOTAL
SURFACE PARKING: 75
273' - 0"
2364 SFCIRCULATION
11658 SFOFFICE
1263 SFBOH 5436 SF
OFFICE
49
56
63
57 69
64
75
70
15' - 0"
40' - 5"
121' - 3"
SERVICE
SERVICE
SERVICE
SITE PLAN - [Level 01]
PROPERTY LINE(5.49 ACRES)
SETBACK LINE
30,000 SF
--
100,000 SF
--
--
130,000 SF
PARKING GARAGE (4 LVLS ABOVE GRADE)(355 TOTAL SPACES)
SURFACE PARKING(75 TOTAL SPACES)
F.A.R. = GROSS FLOOR AREA GROSS LOT AREA
F.A.R. = 492,366 SF 239,144 SF
= 2.05
16,906 SF
17,261 SF
166,378 SF
--
1,830 SF
202,375 SF
129,076 SF
--
492,366 SF
ENCLOSED PROGRAM SUMMARY
PARKING PROGRAM SUMMARY
TOTAL GROSS FLOOR AREA
Owner ProvidedSquare Footages
(02/04/2018)
Site StudySquare Footages
(current scheme)
--
--
RETAIL PARKING REQUIRED
FOOD & BEVERAGE REQUIRED
OFFICE PARKING REQUIRED
TOTAL PARKING REQUIRED
JOINT USE REDUCTION (8.0%)
TOTAL PARKING PROVIDED
Parking Code Requirements: Retail 1 space per 220 sqft. F&B 1 space per 110 sqft. Offices 1 space per 275 sqft.
77 SPACES
157 SPACES
605 SPACES
839 SPACES
775 SPACES
854 SPACES
PARKING
137 SPACES
--
364 SPACES
500 SPACES
--
--
RETAIL
F&B
OFFICE (6 LVLS)
(E) OFFICE (3 LVLS)
BOH
SUB TOTAL AREA
UNDERGROUND PARKING(424 TOTAL SPACES)
SUB TOTAL AREA
160,915 SF
289,991 SF
--
Mixed-Use Base Zoning Requirements: Min. Floor Area Ratio (FAR) = 0.33 or greater = 239,144 sf (5.49 Acres) : 183,388 (4.21 Acres) Max. Buildable Area= 350,000 sf (Ref. CCR’s - Expired) Max Building Height = 100 feet above grade
SKYPOINTE RENOPreliminary Site Plan
May, 2019 – Skypointe – 8
How Reno/Sparks Ranks Nationally
Economic Market Overview Area Growth GeneratorsThe Reno/Sparks MSA has evolved over the years and while tourism, gaming, and hospitality are still staples of the local economy, Reno is emerging as a tech hub and pioneer in new technology and clean energy. Apple’s $1.0B data center is continuing to expand and is poised to be powered 100% by renewable energy sources. Tesla’s Gigafactory $10.0B announcement opened the floodgates after Apple’s investment in the region, forging the way for Google and Switch to follow. These large announcements were also influenced by the existing presence of Intuit, Microsoft, Amazon, Ebay and others. Recently Flirty, Clear Capital, Zulily, Thrive Market, Blockchain, and Deantronics have entered the market, bringing tremendous job growth.
Projected Growth: Per the Economic Development Agency of Western Nevada (EDAWN), since Tesla’s announcement, actual population and job growth have outpaced initial projections. An additional 9,000 homes per year are needed in the region to keep up with growth (EDAWN).
Nevada Ranks 2nd in American Dream Index
Forbes
Ranked #12 2018 Best States for Business
Chief Executive Magazine
No. 5 Best Business Tax Climate
Business Tax Climate Index by Tax Foundation
25 of America’s Best Towns Ever Outside Magazine
2018 Best Mid-Size Cities for Job Growth #10
NewGeorgraphy
The Hippest Cities In The US Everyone Under 30 Wants To Move To
Business Insider
Ranked #4 in Growth Entrepreneurship and #1 in Startup Activity
Kauffman Index
$362,000Median home value
460,587 Total Population
63.0% White Collar Employment
No Corporate or Personal Taxes
3.70% Unemployment Rate
SKYPOINTE RENO
May, 2019 – Skypointe – 9
Skypointe Drive Times1 MILE 3 MILE 5 MILE 5 MIN 10 MIN 15 MIN
POPULATION2018 Total Population 10,837 73,938 171,987 23,118 143,046 304,805
2023 Total Population 11,415 78,167 183,140 24,276 151,759 325,383
2018 - 2023 Annual Rate 1.04% 1.12% 1.26% 0.98% 1.19% 1.32%
DAYTIME POPULATION2018 Daytime Population 20,164 136,733 175,310 35,102 147,274 211,655
INCOME2018 Household Income Average $53,091 $66,560 $71,447 $57,467 $61,885 $69,520
HOUSEHOLDS2018 Households 4,106 30,090 72,494 9,004 57,379 120,993
2023 Households 4,285 31,634 76,969 9,374 60,735 128,881
POPULATION BY RACE% 2018 Caucasian Alone 62.7% 68.6% 71.6% 64.3% 66.1% 71.5%
% 2018 African American Alone 2.7% 2.5% 2.8% 3.0% 3.3% 2.7%
% 2018 Asian Alone 6.8% 5.6% 6.1% 5.7% 6.2% 6.1%
% 2018 Hispanic 50.4% 37.0% 28.8% 48.0% 36.2% 28.7%
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.
SKYPOINTE RENODemographics
May, 2019 – Skypointe – 10
