Companies Moving into Winnemucca Airport Park
The first business to locate in the 400-acre Winnemucca Airport Park will be Carwil, LLC, a metal fabrication shop that designs, builds and repairs custom parts for the mining industry. Ground was broken in July for Carwil’s two buildings, totaling almost 16,000 square feet of shop and office space. General contractor for the project is Michael Clay Corp. of Winnemucca. Carry-On Trailers has signed an agreement to become the park’s second tenant, and will begin construction on its western U.S. manufacturing facility in the first quarter of 2006, according to officials of the Humboldt Development Authority, which is developing the park in phases.
$500 Million Project Planned for Industrial Site
A joint partnership of The Related Cos. and CENTRA Properties recently paid $53 million for Southtech Industrial Park, a 13.6-acre property on Industrial Road in Las Vegas just south of Flamingo Road. Tenants of the park, which was constructed in 1994, must vacate the site by July 2006 so work can begin to develop it into a $500 million mixed-use project containing retail shops, residential units, a hotel and possibly a gaming component. Arquitectonica, a Miami-based architecture firm, will develop a master plan for the site, which falls within Clark County’s newly outlined MUD-1 designation for mixed-use projects. NAI Horizon represented the seller in the transaction.
Montecito Companies Plans Mixed-Use Development
Montecito Companies recently announced plans to develop Montecito Pavilion, a $75 million, mixed-use center situated on 30 acres at the northwest corner of Tropical Way and Lamb Boulevard in North Las Vegas. The development, located near the new Lamb Boulevard and I-15 interchange, will include 50,000 square feet of retail space as well as a 12-acre mid-rise residential development. The project’s preliminary plans, created by Vedelago Petsch Architects, include a grocery-anchored shopping center consisting of seven retail buildings and eight stand-alone pads. Montecito Pavilion is scheduled to break ground in the summer of 2006 with an expected completion date in the first quarter of 2007.
MWH to Design Lake Mead Intake
The Southern Nevada Water Authority (SNWA) has retained MWH and other partners to design a new water supply intake in Lake Mead. The design phase of the project is due to be complete in the next two years and construction will be completed by 2011. The total project cost is estimated to be $650 million. The new intake, known as Lake Mead Intake No. 3, will replace an older, existing intake should Lake Mead water surface drop below an elevation of 1,050 feet above sea level. Construction of a new intake will allow SNWA to maintain full system capacity at low lake levels, and it will also allow access to better water quality at deeper levels of the lake. The project includes an intake shaft approximately three miles from the Lake Mead shoreline connecting to a tunnel under the lake bottom and to an aboveground pumping station. Water will be pumped to an existing SNWA treatment facility. MWH, a global consulting firm based in Broomfield, Colo., has offices around the world, including one in Las Vegas.
Work Progresses on Summit Sierra Center
Construction of Phase I of The Summit Sierra, an open-air lifestyle center south of Reno, is proceeding on schedule, with a planned opening date in March 2006. Q&D Construction is the general contractor overseeing construction for the developer, Bayer Properties. The retail center is located at the intersection of I-395 and the Mt. Rose Highway. Anchor tenants Century Theatres and Dillard’s Department Store will be joined by approximately 70 tenants, many of which are new to the Northern Nevada market, including Pottery Barn, Williams-Sonoma, Abercrombie & Fitch, Ann Taylor LOFT, Banana Republic and White House Black Market.