The decisions made Monday evening reflect a shift from working with DDR-OliverMcMillan to seeking new developers to boost downtown redevelopment. That deal fell through, and now it's ours to sell again. The parting is amicable, with DDR-OliverMcMillan retaining an interest in the new Riverside 12 movie theater, the anchor of redevelopment downtown. The San Diego developer has also agreed to continue working with the Reno Redevelopment Agency to make redevelopment successful downtown. Other exciting news Monday evening included the announcement that a wine bar is planned for one of the available spaces at the movie theater, and a police substation is planned for another.
Negotiations are also currently underway with a bait and tackle shop for another space.