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Posted by: Marsha - 1/1/2009 11:40:45 AM
What is a star bond district tax increment whatever? are these new projects? Maybe for the Fitzgeralds? What is Tessera? Where is that located? Its great to see at least some activity happening in this downturn.
Posted by: matto - 1/1/2009 1:16:20 PM
Tessera is that giant retail complex that was proposed in July by Norhern Nevada Urban Development and designed by world renown Callison Architects, look it up, although I think they dropped the Tessera name for now. It'll replace all those cheesey motels downtown across from the casinos thank god, hopefully it gets built, yes, the Fitz redo will most likely be done with STAR bonds and it is an L3 Development property.
Posted by: cousinjack - 1/2/2009 8:42:41 AM
No more STAR BOND with anticipated income. At this point in the economy there is very litle anticipated income to pay the bonds. I am concerned with the bonds that have already been sold.
Posted by: renonwsubresident - 1/3/2009 1:40:00 AM
Reno city council and planning commission needs to spend city money in a calculated and responsible manner directed towards development in areas that will bring money and people to the city. Reno needs to immediately work towards capitalizing on what will bring out the best in the city, bring revenue and people to the area. First and foremost, Reno needs to become a Mecca for New upscale bars, nightclubs and restaurants. Reno needs to find developers to build upscale buildings, businesses and improve existing buildings in the downtown area within the next 2-4 years. Reno needs to keep its downtown area to include the area from UNR to the Reno/Sparks convention center looking fresh and exciting for visitors to keep coming and spending money. It's a good idea to be somewhat similar to Las Vegas in the development of new casinos/re-development of existing casinos however with additional focus placed on making the area a more family friendly adventure place. Downtown roads still look run down overall, uneven pavement at stop lights, always dirty with debris and need weekly special attention to keep them looking good. The city needs to act immediately to ensure Downtown buildings that are old or run down improve with a new facade or they need to be torn down within the next 2-4 years. Reno needs ground lights on all downtown cross walks immediately to improve traffic safety and to light up the area. Reno needs place special focus on becoming a mini silicon valley to attract more high paying jobs to the area. Long term plans for the city of Reno should include a high speed rail from Reno to Carson City and to the Lake Tahoe region to bring people and revenue to the city. These are just a few ideas that will help to re-invigorate the city of Reno and these recommendations need to be seriously considered if Reno is to remain competitive and reach its potential.
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