RENO, Nev. (KOLO) -- A California developer, Newport Pacific Land, is looking to build 4,700 units in southeast Reno.
The development is called Daybreak, and it looks to fill the open space between Hidden Valley, Donner Springs and South Meadows near Veterans Parkway. It will include single-family and multifamily units. The project is expected to cost more than $750 million.
While there is one big concern residents fear for this project, people with the project say the issue will be taken care of.
“These areas are in the flood plain and they are also in the City of Reno's critical flood pool. We have to mitigate any amount of fill that we put in. We have to take an equal amount of out in the equal area, so basically it's a zero net displacement. Actually we are going above and beyond that and providing 25% more mitigation in our development," said Andy Durling, principal planner with Wood Rogers.
The developer still has to hold meetings with residents, who are 750 feet near the development.
The project will go in front of the City of Reno Planning Commission this spring.