Fact_Sheet_264_Keystone_Ave_Brownsfield Program.pdf

This is a Fact Sheet for the Brownsfield Program related to the City of Reno's Request for Proposals for the redevelopment of City-owned property located at 264 Keystone Avenue, Reno, Nevada (APN 011-350-30). The City is soliciting proposals from qualified developers, investors, and development teams for the purchase and redevelopment of the property, which was previously used by the Reno Police Department as an evidence storage facility. Following the relocation of evidence operations to the Public Safety Center in 2025, the building has remained vacant, and the City has determined there is no future municipal use for the site. The City's objective is to transfer ownership to a qualified developer capable of returning the property to productive use through private investment that strengthens the surrounding area, generates economic activity, and enhances the community. Respondents must submit redevelopment concepts that are financially feasible, compatible with the surrounding area, and consistent with the City's vision for reinvestment in key gateway and downtown corridors.

The City anticipates entering into negotiations with the selected proposer for the sale of the property, subject to approval by the Reno City Council. The City reserves the right to reject any or all proposals, negotiate with one or more proposers, waive informalities, modify the solicitation, or terminate the process at any time. Respondents are responsible for reviewing all portions of the RFP, including attachments, background materials, and any addenda. The fact sheet serves as supporting documentation for the Brownsfield Program, providing interested parties with essential information regarding the redevelopment opportunity and baseline requirements for submission.