More housing coming to revitalized Victorian Square

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SPARKS, Nev. (KOLO) -- By the middle of May, the exteriors to the Fountainhouse Flats outside the movie theater in Victorian Square should be completed. That will bring sixteen additional residential units to the downtown area, as well as more space for retail. In addition, both buildings of The Bridges luxury apartments should be done by sometime in July. Now, the developer of those properties has his sights on more land in Victorian Square that's currently used for parking.

"We are now contracted to buy the last remaining parcels from the Nugget that they owned over here, which will bring on three additional new projects," says J Witt, President of Silverwing Development.

Those projects include more apartment buildings with parking. That's not all. Witt also has plans to include more restaurant and retail options in the area with the mixed-use development buildings.

"All those things are going to be a huge draw for people living here," says Witt. "You're buying into a lifestyle here, not just renting an apartment."

Part of that lifestyle includes entertainment, from the theater, which will soon be reopened as a Galaxy luxury theater, and the Nugget.

"It's going to bring more people right to our front door, so we're very bullish on the new things that are happening out here," says Randy Kennedy, Director of Marketing Communications for the Nugget Casino Resort.

In fact, with bigger crowds expected, the Nugget has no plans to leave the Bourbon Square Casino building sitting empty. Kennedy says the hope is to open it up as special events space.

"With all the men that are down here working already, the environment has already changed," says Doug Hunter, Operations Manager for Silverwing Development. "The restaurants are busier, the casino is busier, everything is busier and that's only going to get better everyday."

The next big project for Silverwing in the area involves transforming the C Street parking structure into a 10-story apartment building called the Deco. The plan is to start construction on that in May. Witt says within the next few years, there should be at least 1,500 apartment units in Victorian Square.