Commercial growth is leading to more construction for new and expanding companies.
CLICK HERE for News Video
More restaurant chains are moving to Northern Nevada for the first time, with franchises like Jersey Mike’s, Firehouse Subs and Dutch Bros. Coffee moving to town recently. Damon Kreizenbeck is the franchise owner of Firehouse Subs. He opened his first location in Carson City about four years ago, added a second location in Sparks, less than one year ago. His Damonte Ranch location is set to open in the spring of 2020, near the Walmart.
Kreizenbeck says he wants to open even more locations in the future. He says Northwest Reno is a good place for his restaurant, and growth in places like Spanish Springs and the North Valleys could also increase demand.
Many chains have either moved to the Truckee Meadows over the past several years or expanded. Another Dutch Bros. Coffee is under construction at the Village at Double Diamond. Panera Bread is expected to open three locations in Reno and Sparks, at the University of Nevada, Damonte Ranch and the Outlets at Legends. Kreizenbeck says new franchises are exciting to residents.
Brunetti says a big reason for the strong market is because more companies are moving into town. The vacancy rate is less than 10 percent. He says the demand is also creating more need for construction of new commercial space, mostly for professional services and tech start-ups that are expanding.
Thursday, November 14th, 2019, 7:05 PM PST by