Midtown housing on the way
A local development company has announced a new 11-home project in the Midtown area. According to a news release, the homes, a combination of duplex units and bungalows will be located at the corner of Sinclair and Stewart streets next to the new University of Nevada, Reno, Innevation Center.
“We’re already getting calls from people who want to buy one of the homes, and we haven’t even started construction. Midtown clearly is the market that’s most in demand in Reno,” said Blake Smith, whose S3 Development Co. is creating the project to be known as “Midtown Lofts.”
M2 Construction/HomeCrafters, a residential builder owned by Reno’s Troy and Travis Means, plans to begin construction within 30 days. The first homes will be ready for occupancy next spring.
Architect Michael McGonagle created the design of two-story bungalows, each with a patio, and two-story duplexes that feature mezzanines and rooftop decks.
“The bright and vibrant design fits well with the busy lifestyle of Midtown,” said Smith. “Midtown Lofts will be home to people who are filled with life and fully engaged with the world and their friends.”
The homes, a mix of rental and for-sale units, will range from 825 to 1,960 square feet. Each includes a parking garage.
Midtown Lofts is the first of three projects in the Midtown area planned by S3 Development Co.
Smith said the company’s plans include commercial and residential projects that also are expected to break ground shortly.
Smith, a longtime developer in Reno, oversaw creation of the award-winning Somersett master-planned community and now is focused largely on the renaissance of the Midtown and Downtown neighborhoods in the heart of Reno.
Heather Ashbridge, who started with Nevada State Development Corporation in 2008, previously served in several roles with the organization, including assistant vice president and loan officer. She is based in NSDC’s Reno office.