The developers, Lyon Living, have been working on the project along with Reno Land Inc. since early last year.
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With infrastructure in place, buildings are taking shape at the Park Lane property.
The site of the former Park Lane Mall has been a Reno eyesore for a decade, but in about a week, construction is officially beginning on a massive new development there.
A pedestrian was hit in a crash near the former site of Park Lane Mall in Reno on Friday night.
The plans for the vacant lot at the Park Lane Mall property in Reno have been revealed. It's projected to create more than 3,000 construction jobs and 700 permanent jobs.
The Park Lane Mall was torn down in October of 2007, except for Gottschalk's. That was demolished in March of 2009. Since then, the parking lot and footprint of the 40-year-old building has remain unchanged.
The site of the former Park Lane Mall has been a Reno eyesore for years, but soon, its seagull residents could be getting evicted. Local developer Chip Bowlby, the man behind the development at Rancharrah, has plans in the works to turn the empty Park Lane lot into a hub for Millennials.
The old Park Lane Mall site is now in escrow. Reno Land Development Company is purchasing that property for an undisclosed price.