‘Upscale rental residences’ coming to historic downtown Carson City property in 2024
Submitted by Kelsey Penrose on Wed, 10/19/2022 - 9:16am
In downtown Carson City, on the nearly 5 acres that the historic the Virginia and Truckee Railroad engine shops once stood have been purchased by Las Vegas company KB Acquisitions who plans to build “upscale rental residences” upon the property.
The current vacant property is set between the streets of East William, North Plaza, East Washington and North Stewart.
Construction is slated to begin by spring of 2023, with completion of the “The Altair” estimated by the end of 2024.
The property will consist of 207 units with a “full slate of amenities in keeping with its location in close proximity to the high employment base of the Nevada State Capitol,” according to a release from Nevada Premier Commercial.
“The project will provide much needed housing in the core of our city and will also support the economic development of our region,” said Sharon Swanson, owner of Nevada Premier Properties.
The project will consist of 7 studios, 121 one-bedroom apartments, and 79 two-bedroom apartments, along with 253 parking spaces in a combination of parking garage and ground level parking.
There will be a total of 5 residential buildings built at three stories each, including a loft level, clubhouse, fitness center, swimming pool, and more.
The two properties that will make up the project were purchased for $3 million on Sept 23.
The historical shops stood in the downtown area until they were demolished in 1991.
