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Home > News > Developer: “Too Early To Say” How Much Park Lane Units Will Cost

Developer: “Too Early To Say” How Much Park Lane Units Will Cost

By Bob Conrad
Published: Last Updated on

The original Park Lane Mall was built in 1964 and served as a shopping and cultural hub for a generation of Renoites. The developers are keeping the original sign, and 25-foot vintage clock, with the new project.

The developers of the Park Lane project, launched officially last week, said in a statement that it’s too soon to know how much residences at the site will run.

It’s a question many have been asking.

“It’s too early to say and it will be what market determines, however, units will be a range of efficient smaller spaces of studios and up to three bedroom units,” said developer Chip Bowlby.

The project, at Plumb Lane and Virginia Street, is 46 acres and will feature a mix of residential and commercial spaces. The vacant lot is expected to be transformed into parking garages, a park, brew pubs, a fitness center, and 1,600 apartments.

Construction on the half-billion dollar project is scheduled to start in late summer of 2018.

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