Page 5 - Keystone Commons News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With Reno starting its recovery from the pandemic, the project is now back to full construction, Smith said. At the same time, it also faces a different set of challenges. At the top of the list is the increase in construction costs. The price of lumber, for example, is up 400% since March. The increased costs are especially being felt at the apartment portion of the project. If the high costs continue, it could potentially have an impact on rents. The 5th & Vine Apartments is located on the southeast corner of Keystone Commons and has about 300 units planned. “When you’re talking parts like wood and steel, it’s just crazy,” Smith said. 

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