Edgewood Companies plans upscale hotel at golf course
by Rob Sabo, 6/29/2009
Edgewood Companies continues to pursue its plans to construct a 205-room upscale lodge at its Edgewood Tahoe Golf Course in South Lake Tahoe.
Edgewood Companies, which rebranded itself after decades of doing business as Park Cattle Co., submitted plans a year ago to the Tahoe Regional Planning Agency to build a three- and four-story luxury hotel and condo project totaling more than 200,000 square feet at the golf course.
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DMV office closure leaves owners of shopping center holding the bag
by Rob Sabo, 6/29/2009
Times were flush when Reno businessmen John and Pat Pinjuv and Las Vegas investor Amador Bengochea ventured into the retail market in Garnerville with construction of the 50,000-square-foot Waterloo Center at the south end of town.
Shell construction of three buildings was completed last year, and new tenants began moving in —including the Department of Motor Vehicles, which signed a 10-year lease that guaranteed $2 million in revenues for Waterloo Center LLC.
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First-time developer rolling out residences at Montreux
by John Seelmeyer, 6/29/2009
Jerry Siemons for many years had wanted to try his hand at residential real estate development.
He’s learning all about the business at just about the worst possible time as he brings on the first phase of a planned 65-home development in the upscale Montreux community at the base of Mount Rose.
His project, Le Maisons at Montreux, unveiled its first two homes — both them priced a bit over $1.5 million — a few days ago, and Siemons hopes to sell those two along with at least one more home by the end of the year.
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Hotel for computers
by Barbara Marquand, 6/29/2009
A new co-location data center opened by Great Basin Internet Services in Reno this month marks both a major upgrade and key part of its business plan as the company emerges from Chapter 11 bankruptcy.
A co-location center is like a hotel for computer gear. Customers put their servers and network equipment there, and the center provides power, security and bandwidth.
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