Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Development topic
No spam. Unsubscribe anytime.
Developer proposes 8-unit rehab of Holcomb Street credit union; board presses on affordability and overlay removal
Summary
A developer outlined plans to convert the former Reno Employees Federal Credit Union on Holcomb Street into eight apartments, prompting board questions about parking, ADA-accessible units, rent targets and a requested removal of the Wells Avenue overlay to allow eight units instead of four.
A developer proposing to convert a vacant former credit union on Holcomb Street into eight apartment units presented plans to the Ward 3 Neighborhood Advisory Board on Dec. 2, describing a full interior renovation, dedicated parking for each unit, and accessible ground-floor units.
Ryan, the applicant, said the building—previously owned by Reno Employees Federal Credit Union and later acquired following a merger with Great Basin—has structural bones that make renovation preferable to demolition. Current plans would create four two-bedroom/one-bath units (about 700 square feet each) and four one-bedroom/one-bath units (about 500 square feet each), with full kitchens and in-unit laundry. The applicant said four of the units will be accessible and that the project would provide at least one required handicapped parking spot and additional off-street parking (about 10 spaces, including guest parking) with an assigned space per unit.
Board members asked technical and policy questions: Forrest Keller asked why the Wells Avenue overlay removal was included and the applicant explained the request follows the rezoning to MDRD (to enable eight units rather than four). Valerie Tilson and Lauren Kroll pressed on affordability and whether any units would be reserved as low-income or for seniors; the applicant said the project is not pursuing low-income housing but is aiming for mid-market rents and would consider any guidance or incentives at the permitting stage.
The applicant said the timeline depends on permit review but that construction could start early next year with April–May move-ins as a target. Several members urged the project team to return with more detailed rental targets and to remain open to unit affordability options during the permitting process.
Outcome: This was a presentation and Q&A; no vote was taken. The board received the applicant’s materials and posed follow-up questions for future review.
