Foothill Partners Inc., in a joint venture with Belay Investment Group, has acquired for redevelopment a vacant 209,000-square-foot former Lowe’s Home Improvement in the high-growth market of Sparks, Nevada. The redevelopment project will be an environmental, social and corporate governance (ESG), arts-based technology, flex, R&D campus called The Oddie District.
The Oddie District project site is located at 2450 Oddie Blvd. in Sparks, Nevada. It is the largest vacant big-box building in the Reno/Sparks metro. Foothill will repurpose the building into creative office, flex-tech R&D, lab spaces, maker spaces, food-and-beverage offerings and work-live studios for artists and entrepreneurs. The construction for this project is scheduled to start late in 2021, with a planned opening date of its first phases in August 2022.
The project has already signed two major tenants: The Generator and The Innovation Collective. The Generator is a nonprofit maker space, which