Creating a neighborhood gathering spot at Skyline
May 18, 2017
A Reno-based real estate investment firm is bringing new life to an old building on Skyline Boulevard in the western hills of Reno.
Blackfire Real Estate Investors is renovating offices and adding a restaurant to a commercial building located at 2995 Skyline Blvd. The building is approximately 8,000 square feet with 3,500 square feet of new restaurant space on the first floor and approximately 4,500 square feet of office space on the second floor. They have renamed the project The View.
"We were really excited about this project because we felt it was an opportunity to create significant change in the neighborhood," Tilio Lagatta, managing member of Blackfire Real Estate Investors, said.
He envisions it as a place for people to congregate for coffee in the morning and a place for people to get a glass of wine and a bite to eat in the evening.
"I would like it to be a neighborhood hangout," Lagatta said.
The building had previously been home to Skyline Marketplace, a market and gas station. Blackfire Real Estate Investors purchased the property in January 2017. According to the Washoe County Assessor's Office, the property sold for $485,000.
According to Lagatta, he had already met with several existing restaurateurs in the area but had not found the right tenant at the time of the interview.
"We are trying to find the right idea and vision that aligns with ours," he said.
The upstairs office space is also ready for tenants. Group West Inc. is the general contractor on the project.
"And this is why we call it The View," Lagatta said referencing the view of the city, mountains and trees from the second-floor offices during a tour of the building.
Lagatta said that he hopes to do similar redevelopment projects in the future.
"This is one of what we hope to be more of a creative path of redevelopment and reuse projects," he said.
With the economic growth in northern Nevada and the continual announcements of new companies settling in the region "we are very optimistic about what that is going to do in the near and long term prospects for Reno," Lagatta said.
For more information about leasing opportunities in the building, call 888-678-6660 or visit http://www.blackfireinvestors.com.