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JV to Transform Vacant Lowe’s Into Oddie District

For purposes of redevelopment, Foothill Partners Incorporated in a joint venture with Belay Investment Group recently acquired a vacant 209,000-square-foot former Lowe’s Home Improvement in the high-growth market of Sparks, NV. The redevelopment project will be a R&D/flex campus called The Oddie District.

The Oddie District project site is located at 2450 Oddie Blvd. It is the largest vacant big-box building in the Reno/Sparks metro. Foothill will repurpose the building into creative office, flex-tech R&D, lab spaces, maker spaces, food and beverage offerings, and work-live studios for artists and entrepreneurs. Construction is scheduled to start late in 2021 with a planned opening date of its first phases in August 2022. The project has already signed two major tenants: The Generator, occupying 35,000 square feet and The Innovation Collective, which will occupy 12,500 square feet at The Oddie District. 


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Foothill Partners

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.