Reno luxury rental project set for July completion

Park Real Estate Partners and Compass Real Estate have unveiled The Residences on Winter Street, a 65-unit luxury apartment building at 126 Winter Street in Reno, slated for completion in July. The project aims to bring condo-style living, high-end finishes and amenity-rich rental housing to Northern Nevada’s growing urban core.

Why it matters: - The Residences on Winter Street is positioned as a new benchmark for luxury rental housing in Reno. - The project targets renters who want condo-style living without buying, a format more common in larger metro markets. - The building is designed to support Reno’s shift toward higher-end urban living near downtown and the Riverwalk District.

What happened: - Park Real Estate Partners LLC, in partnership with Compass Real Estate, announced The Residences on Winter Street. - The project is a 65-unit luxury apartment building at 126 Winter Street in Reno. - Completion is expected in July. - Compass Real Estate will lead leasing for the building. - CDC Designs of Costa Mesa, California, designed the unit interiors, common areas and amenity spaces.

The details: - Floor plans range from studio layouts to three-bedroom homes measuring nearly 1,400 square feet. - Each residence includes GE Café Series appliances with a matte white finish and brushed bronze hardware. - The building will be the first apartment building in Northern Nevada to offer induction range tops. - Interior finishes include soaring ceilings, expansive windows, under-cabinet LED lighting and quartz countertops. - Units also include full-sized in-unit washer/dryers and bedside USB and USB-C fast-charging stations. - Advanced soundproofing separates residences to support a quieter living environment. - Amenities include a top-floor Sky Lounge with an 800-square-foot outdoor deck overlooking the Sierra Nevada Mountains. - The building also includes an in-house golf simulator lounge. - The fitness studio will feature curated equipment, including Peloton bikes. - The private wellness spa will include a custom sauna and cold plunge circuit. - Dedicated work spaces will include private offices and conference rooms with full A/V connectivity. - Building technology includes ButterflyMX smart entry, secure package management and Brilliant smart home technology. - Storage options include private storage lockers, gear lockers for skis, kayaks and fishing gear, and a secure bike storage room with a repair workstation. - Pet amenities include an outdoor dog run and an in-garage pet-washing station. - Parking will be enclosed and gated, with EV chargers and a limited number of private garage spaces.

Between the lines: - The project reflects growing demand in Reno for higher-spec rentals with the look and feel of upscale ownership housing. - The amenity mix suggests the developer is targeting professionals, remote workers, outdoor enthusiasts and pet owners in one property. - George Graham, developer at Park Real Estate Partners LLC, said the project is intended to meet rising expectations for apartment living in Reno.

What's next: - Leasing will begin through Compass Real Estate as the building moves toward completion. - Interested renters can view availability and schedule private tours at the company’s website or by emailing residencesonwinter@compass.com. - The project is expected to open with a full package of residential, wellness, work and storage amenities once construction is finished in July.

The bottom line: - The Residences on Winter Street is Reno’s latest push into luxury urban rental living, with condo-style features and a dense amenity package aimed at high-end renters.