IE Business Daily Business news for the Inland Empire.
Lewis Retail Centers has started construction on a building at a major retail project it’s developing in Nevada.
The structure, which is 60 percent pre-leased, will cover 13,200 square feet at the Damonte Ranch Town Center in South Reno, according to a statement on the Upland-based company’s website.
It will be the project’s 17th building, and will be located between a Home Depot and a Safeway supermarket. It’s expected to be completed this fall.
Twenty five thousand square feet of space nearby has been designated for one or two restaurant spaces.
Damonte Ranch Town Center covers nearly 510,000 square feet. It’s part of the 2,000-acre Damonte Ranch master-planned community.
“Damonte Ranch Town Center has consistently produced strong retail activity, and (it) supports an increasingly significant resident population,” Robert E. Lewis, president of the Nevada Division of the Lewis Group of Companies, said in the statement.
