Reno, NV – A well-known downtown Reno building has been bought by a local group, and it's facing a makeover.
Blake Smith and his investment group bought the building at 1 East Liberty Street, at the corner of Liberty and Virginia streets. The new owners intend to spend more than $1.6 Million to renovate, expand and modernize the building with work planned to begin within the next two weeks. Part of the plan is to make it more environmentally friendly.
“There are plans for an addition of a new 1800-square-foot drive-thru retail building facing Virginia Street with coffee and quick food establishments, including an outdoor seating/plaza area for tenants of 1 East Liberty and other downtown patrons.
The signature tenant of the building will continue to be U.S. Bank. The building is about 92,000 square feet.