The Tahoe Reno Industrial Center (TRIC) could gain up to 9 million square feet of new Class A inventory. Several of the world’s leading technology companies have claimed their space at TRIC and the new space coming online has already caught their attention. The more than 600-acre site, named C3, was purchased by Comstock Tric Associates LLC in 2014.

Redwood Materials joined TRIC to construct its battery materials recycling facility on 100 acres and purchased another 73 acres to expand its recycling operations. The Carson-city based company has already leased the first 676,000 square foot building now under construction at the development. In addition to Redwood Materials, Google lies just to the south, Tesla to the northeast, and Blockchains’ land

Breaking ground in Reno, the Kimpton hotel is slated to open in 2025.

Las Vegas-based CAI investments has chosen the Biggest Little City for its next property investment. With properties in other states like Arizona and Florida, CAI is also working on two big projects in the downtown core of Reno. 

CAI is also renovating the former Harrah’s Reno hotel-casino into a mixed-use residential and commercial project that will later be known as the Reno City Center. The project already has Clear Capital promised as its first major office tenant and just opened a new Starbucks. Construction continues to move forward and the first residential units should be open sometime this year. 

“I mean, Las Vegas doesn’t have a Kimpton,” CAI CEO Chris

Along with Nevada Governor Brian Sandoval and Reno Mayor Hillary Schieve, Apple CEO Tim Cook surprised us all with his appearance at the groundbreaking of the new data center in Downtown Reno.

Image courtesy of Las Vegas Review Journal

The new $4 million warehouse is a small extension of Apple’s already wide footprint on the Reno area. The company has announced plans to invest $350 billion in the U.S. economy over the next five years, including doubling the size of its $1 billion data center east of Reno.

“We are pleased to be part of transforming downtown Reno to the vibrant city it should be,” Cook said at the ceremony. “Our commitment to Reno and Northern Nevada is representative of the commitments we’ve made throughout the U.S.”

Cook