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Rancharrah is situated in a
prime Reno in-fill location and includes a
30,000 sq. ft. mansion, 52,000 sq. ft.
climate-controlled equestrian center, 8,000
sq. ft. studio, gate house, beautifully
landscaped grounds and additional
infrastructure with all utilities available
onsite. With its central proximity, builder
friendly topography and existing
infrastructure, Rancharrah is the most
desirable in-fill development in Reno. �e
project is fully approved and all 117
residential acres are ready for development.
Rancharrah is a141 acre MasterPlanned Communityconsisting of:
117 acres fully entitled for691 residential units.
11.8 acres fully entitledfor office/medical/retail use
12.3 acres fully entitled foroffice/commercial use
395
80
580
80
RENO Truckee River
SPARKS
Convenient in-fill location situated less than
five miles from downtown Reno, and offers
easy access to I-580 and McCarran Blvd.
S McCarran Blvd. 659
Norman Blitz, the “Duke of Nevada,” originally owned Rancharrah, which
was later sold to gaming magnate and founder of Harrah’s Casino,
Bill Harrah, in 1957. Over the years, this magnificent estate has hosted
presidents, notable dignitaries and some of the biggest names
in entertainment.
Influx of major employersbrings massive growth to the region.
Switch announced on January 15, 2015 that it will build a 3.5m sq. ft. data storage center, and according to Storey County, Switch is now in discussions on an additional 8m sq. ft.
42 companies have relocated or announced plans for relocation or new facilities in Reno since 2014.
Telsa has since pulled permits to build 24m sq. ft. and purchased an additional 2,000 acres on July 20, 2015.
�e factory is currently under construction in the Tahoe Reno Industrial Complex (TRIC).
In September 2014, Tesla Motors, Inc. announced Reno, NV as its location to build a new $5 billion, 10m sq. ft. battery gigafactory. Tesla is expected to generate over $100 billion of economic growth in Nevada over the next 20 years.
TRIC will have a substantial impact on the Reno/Sparks MSA.
Companies from Silicon Valley and across the U.S. are following Tesla and Supernap’s lead.
9,000 new residential units will need to be built each year over the
next five years to meet the unprecedented demand for new homes in Northern Nevada. �e
Economic Development Authority of Western Nevada (EDAWN)
is projecting that by 2020 Reno will have:
9,000 per year for 5 years
• Unanimous approval from the City of Reno Planning Commission, City Council and Regional Planning
• Perfect property in a convenient infill location
• Attracting major company headquarter relocations
�e time to invest is now.
• Increased demand for single-family housing
• Significant expected job and population growth
• Experienced and seasoned management team
RANCHARRAHIllustrative Land Plan
Section Land Use Acreage Units*Villages 1 & 2 SF 19.9 64
Village 3 SF 14.4 48Village 4 COTT 3.4 20Village 5 COTT 5.5 20Village 6 SF 20.8 123Village 7 UR 14.6 310
Events Center 14.5 -Equestrian Center 17.4 -
11.6 -RC 12.3 -
�is historically
significant property will
include seven residential
Villages along with
commercial and retail
opportunities. Villages
will range from urban
residential to
estate-style lots.
Reno Land Development Company is led by a group of experienced real estate developers and entrepreneurs.
�e Principals have successfully undertaken 30+ residential, multi-family, commercial and industrial development projects totaling over 5,000 lots, homes, and apartments, as well as four million square feet of commercial and industrial developments
located in Western Nevada, Northern California and Idaho.
Chip Bowlby
Bowlby’s expertise is in financing, land acquisition, product
design, product re-positioning, and marketing of residential
projects. Previously served as the Director of Sales,
Marketing, Land Acquisition and Product Development for
New Cities Development Group, a large residential real
estate developer. Bowlby also was President of Bowlby and
Company, Inc., and was the Regional Vice President of
Property Management Operations and Acquisition for a
national single-family and multi-residential builder.
Currently based in Reno, Nevada.
�omas Merschel
Merschel’s expertise is in the financing, land acquisition,
entitlement processing (e.g., zoning, CEQA, mapping,
development agreements, assessment districts, Federal and
State biological permitting) and civil design for residential
and commercial projects. Previously Merschel served as
the Director of Forward Planning and Development for
New Cities Development Group. Prior to joining
NCDG, Merschel was the Director of Finance and
Planning for a large single-family and multi-residential
builder (Delco Builders) located in the San Francisco Bay
Area. Before his tenure at Delco, Merschel was a Vice
President loan officer for Security Pacific National Bank
(“SPNB”), responsible for a significant loan portfolio
consisting of major office and residential projects.
Merschel began his career with SPNB as a construction
inspector and headed the bank’s Northern California
construction services department. Merschel earned a
Bachelor of Science degree in finance from San Diego
State University. Currently based in Monterey, CA.
Lee Newell
Formed New Cities Land Company, Inc. (“New Cities”),
based in Monterey, California, in 1984. New Cities has
historically operated in Northern and Central California;
however, it expanded into Reno, Nevada, in 1998, Phoenix,
Arizona, in 1999, and Tampa, Florida in 2003. New Cities
entered into new single-family development transactions
with institutional joint venture partners in a series of single
asset entities. After 1998, New Cities concentrated its
business activities in land use entitlements, multi-family
residential developments, and in commercial investment
grade properties. New Cities acted as the managing general
partner or managing member in all of its ventures. Sole
owner of New Cities, Newell has been in the real estate
development business for 35 years and has developed over
1.2 billion dollars of real estate. Graduated from the
University of California, Los Angeles in 1970 and received a
J.D. Degree from the University of San Francisco School of
Law in 1975, followed by an L.L.M. Masters in Taxation
Degree from the New York University School of Law,
Graduate Division in 1977.
Chuck Reeves
Reeves has been in the real estate development and golf
business for over 25 years, developing high-end golf
communities throughout the United States. Graduated
from the University of Colorado School of Law in 1979 and
began his development career with Jack Nicklaus
Development Company (JNDC). Over the next seven years,
JNDC developed 5 high-end, gated golf communities.
Reeves initially managed site selection and feasibility
analysis and then managed the day-to-day development of
Wynstone in suburban Chicago, the most successful
Nicklaus community to date. Reeves then consulted on a
variety of golf community projects. In 1997, formed the
Michael Jordan Golf Company with basketball star Michael
Jordan. �e company owned and operated a golf practice
center and 3 retail stores in Chicago. Reeves then became a
partner in Pasadera, a gated community with a Jack
Nicklaus signature golf course. After Pasadera, Reeves
assisted the Nicklaus organization in a variety of real estate
endeavors, and most recently developed �e Idaho Club
with partners Chip Bowlby and Tom Merschel.
Bradford Smith
Seasoned real estate developer with 40 years of hands on
experience in development design, county and city
approvals, land sales, on/off-site pro forma, budgets,
contracting and construction management throughout
Northern and Southern California. Smith’s vast
knowledge and multifaceted experience has proven to be
invaluable to four prominent developers, including
Signature Homes (division of Stuard Industries),
Donald Bren Company, Barratt Irvine and American
National Housing Corporation, where he held an
executive position and was directly responsible for the
bottom line. Smith holds a State of California General
Building Contractor’s License and a State of Nevada
General Building Contractor’s License. Attended
University of California at Irvine with Construction and
Construction Management as his major.
Brett Bates
Over 15 years experience in the construction and real estate
development industry, and has been a licensed CPA for 25
years. Mr. Bates has worked in the defense industry with
top secret FBI clearances and as a Finance and Tax Director
for a Fortune 500 company. Licensed general contractor in
the State of Nevada and has been the President and Owner
of multiple businesses, including a construction and real
estate development company, mortgage brokerage, real
estate brokerage, and six manufactured housing dealerships
throughout Northern Nevada and California. Bates
attended the University of Nevada, Reno where he obtained
a BS degree in Business Administration and an MBA with
an emphasis in finance.
Sherry A. Wagner
Previously the Vice President of Operations for
Monterey Development Group, and responsible for
entity formations, corporate insurance programs, human
resources, and company systems. As a Senior Manager of
Monterey Advisory Group, Wagner was responsible for
conducting reviews of developer’s accounting systems,
performing job cost audits, reviewing draw requests, and
managing the disbursement control procedures for
clients’ troubled projects. Previously, Wagner owned
Wagner Business Services, a company that provided
consulting services in the areas of accounting systems,
asset management, business planning, and investor
relations. Wagner was also the Operations Manager for
a securities investment company, and an Associate
Director for a large title company.
Information included in this document has been obtained from sources believed reliable. �is information is assumed correct and has not been confirmed. Any projections or estimates have been provided as example only and do not represent the current or future performance of this property and the Reno market as a whole. © 2015 Reno Land Development Company, Inc.
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