Vacant five-acre lot next to Auto Museum sells for $14 million

by Mike Van Houten / Dec 17, 2021

The 5.5 acre property located next to the National Automobile Museum has sold for $14 million. It previously had sold in 2010 for $2.3 million.

The buyer of the riverfront parcel is 'Grants Landing LLC', and a quick Nev SOS lookup shows Todd Chapman as the manager, who is the president/CEO of JMA Ventures, a venture company with ties to Homewood Ski Resort. 

This property was originally going to become a townhome project called Grant's Landing, which you can find info on here

Given the name of the LLC that bought it, who knows, maybe this long-dead project will be revived. But it won't be cheap. Anything built here will be considered prime riverfront property. 

Tagged under: downtown Reno
Post your comments
  • December 20, 2021 - 1:16:12 PM

    Would love to see density housing like condos or twonhouses here, maybe with some commercial or retail spaces on ground level or along the street fronts.

  • February 1, 2022 - 6:25:45 PM

    I would love to see Affordable housing and office and tourism