The owner of the Sands Regency hotel-casino is requesting a dozen incentives from the city of Reno as part of the downtown Neon Line project, including millions of dollars in discounts to purchase city-owned property and a large chunk of future tax revenue as part of a proposed new tax district.
The Reno Neon Line is an ambitious redevelopment project that aims to turn the West Fourth Street corridor into a tourist destination while adding new housing. Plans for the district that were included in the proposal to the city by Jacobs Entertainment include between 2,000 to 3,000 residential units; entertainment venues such as a 6,000-seat, open-air amphitheater; commercial retail; a plaza and green space; and several art installations that include Burning Man sculptures.