You may have noticed a lot of activity with construction projects happening in Victorian Square and other parts of Sparks lately. Here are some of the major developments going on and when they are expected to be completed:
The Bridges in Victorian Square
In downtown Sparks, Silverwing Development completed and is currently leasing Fountainhouse apartments. Still in the process of building The Bridges, Silverwing Development is waiting for the new Galaxy Luxury movie theater to open to coincide with the release of its 194-unit luxury apartments and retail complex.
Silverwing recently completed a bridge connecting the top of a multistory parking garage to the north Bridges building, which should help even out cars as tenants will probably want to park close to the top floors and take the bridge as moviegoers will probably want to park closer to the theater. Workers started installing sheetrock for the interior and stucco siding on the exterior of the connected building, so you may have noticed scaffolding that will be up until April.
The development group is not sure when they will start occupying the South Bridges building as that is where most of the amenities are (like the gym, clubhouse, atriums, and dog grooming center) and construction is still going on. However, they are hoping to start leasing the north side of the Bridges in March-April with move-in sometime in June.
“We’ll see how the South building progresses, we started fourth level framing…it’s coming along,” says Silverwing Development President J Carter Witt. “Those units are slightly larger, more up-to-scale than Fountainhouse,” he adds.
New Movie Theater to Open This Summer
According to Witt, owners of the old movie theater just completed its last demolition and the interior is wiped out. It is rumored that they are still working on the interior design and will plan to open with 14 theaters in early summer.
“We’ll be opening (The Bridges) when the theater opens. Our retail partners want to open with a bang with a lot of activity and exposure,” Witt says. Possible retail tenants in the retail complex include restaurants, coffee bars, and a possible grocery market.
Redevelopment of the C Street Parking Garage
Silverwing is also in full force defining some of the exterior look of the acquired C Street parking garage. The new garage will have the 702 parking spots yet has the potential to add more, especially if they decided to implement motorcycle parking spaces that take up less room. The parking garage will be connected to the north Bridges building and close to the movie theater.
Construction will begin at the end of May and will take 6-9 months to retrofit and 14-20 months to complete. The Nugget’s parking lot next to the casino will be available to use during construction.
Regarding the whole project, Witt says that the existing restaurants in Victorian Square should see a boost in business from its new downtown residents who want to walk over and grab a bite to eat or order delivery. “The restaurants by the theater will see that business, too,” he adds.
Witt noted that it helps that the City of Sparks has the same vision and is easy to work with. “The City isn’t used to some of these building features, but they are willing to talk about it. We can all get into a room and figure out a way to move forward,” he says.
Victorian Square Improvement Project
As part of the Victorian Square Improvement Project, Victorian Avenue between Pyramid Way and 10th Street will be closed in both directions January 15-19. The $634,000 allotted for the project will go towards making drainage improvements and replacing old concrete and pavers. All businesses will remain open with access and commuters will be rerouted over 10th Street, C Street, and Pyramid Way.
The Waterfront at the Marina to Open This Summer
Meanwhile over at the Sparks Marina, 209 one and two-bedroom luxury apartments are being built a short walking distance away from The Outlets at Legends. Called the Waterfront at the Sparks Marina, the 5-story building will have apartments that face out towards the water, wrapping around and hiding its parking structure.
“We’ve been progressing through construction and have been lucky with the weather,” says LandCap Investment Partners Chief Operating Officer Jeff Holbrook. The Waterfront is slated to open this summer, on time and on budget.