Major redevelopment underway at The Oddie District, transforming the former Lowe's center into a thriving retail hub.
Sparks, August 12, 2025
The Oddie District in Sparks is set to transform as construction begins on a massive retail redevelopment project to convert a vacant Lowe’s Home Improvement center into a 110,000 square-foot shopping and community hub. With completion expected by the end of 2025, this project aims to revitalize the Oddie Boulevard corridor, attracting a variety of tenants and fostering economic growth. Notably, approximately 70% of the retail space is already pre-leased, highlighting strong interest and momentum for the redevelopment.
Construction has begun on The Oddie District redevelopment in Sparks, converting a vacant Lowe’s Home Improvement center into 110,000 square feet of retail, office, light industrial and food/beverage space. Groundwork started on June 10, 2025, with construction work expected to be finished by the end of 2025 and tenant move-ins slated for early 2026.
The project is the region’s largest retail redevelopment and is led by Foothill Partners, with CEO Doug Wiele overseeing the work. Construction teams are installing new underground utilities and carving the interior into 30-foot-wide corridors to enable flexible subdivision into multiple rental units. The existing loading dock will remain in place for tenant deliveries.
Core construction milestones aim for completion by the end of 2025. Tenants are expected to begin moving in early in 2026. About 70% of the space is preleased, which reduces financing pressure for the developers and speeds the path to occupancy.
Announced businesses set to occupy space include Cartwheel Robotics, Mythic Gymnastics, CoffeeBar, FiftyFifty Brewing, and EmployNV. The west side of the building already houses The Generator in a 63,000 square-foot footprint, while an earlier Phase I completed in 2022 put The Generator into a 35,000 square-foot leased area in the former lumber yard.
The redevelopment focuses on a mix of light industrial and collaborative workspaces to support local tech and artisan communities, plus food and beverage options to help make the site a neighborhood hub. A former garden center will be repurposed as an open-air display area for Burning Man art pieces. There are also discussions around adding a 240-unit studio apartment project or quick-serve restaurant pads on an adjacent 3-acre parcel.
Truckee Meadows Construction is serving as the general contractor. Key subcontractors and architects involved include Leonard Electrical Industries, NDI Heating, Plumbing and Cooling, Frame Architecture, Nadel Architects, and L.A. Studio Nevada. This team will execute the utility upgrades, interior subdivisions and fit-out work needed to ready units for tenants.
Securing construction financing proved challenging for Phase II, as rising inflation narrowed lender options. After conversations with several banks, Foothill Partners secured financing with Heritage Bank of Nevada. The deal was supplemented by funding from Belay Investment Group, a firm connected to the California State Teachers Retirement System. Heritage Bank cited the growth potential of the region as part of the rationale for its support.
The redevelopment is seen as a pivotal move to revitalize the Oddie Boulevard corridor, boost local jobs, and draw new retail and light-industrial activity into the area. By blending maker spaces, tech-friendly workrooms, retail and food offerings, the project aims to increase foot traffic and create more community-facing uses where a big-box store once stood.
Phase I of the project wrapped up in 2022 with a 35,000 square-foot lease to The Generator in the former lumber yard area. Phase II expands the scope to the main Lowe’s footprint, transforming the larger building into multiple leasable spaces while keeping some logistical features such as the existing loading dock.
Construction crews will continue underground utility work and interior reconfiguration through the remainder of 2025. Leasing and tenant-buildouts will proceed into early 2026. Community members and prospective tenants can expect phased openings as spaces are completed and certified for occupancy.
The redevelopment converts a vacant Lowe’s into 110,000 square feet of mixed retail, office, light industrial, and food and beverage space, with new underground utilities and interior corridors to divide the space into multiple units.
Construction began on June 10, 2025. Major construction is expected to finish by the end of 2025, with tenant move-ins planned for early 2026.
Foothill Partners is the developer overseeing the project. Construction financing came from Heritage Bank of Nevada and additional funding from Belay Investment Group.
About 70% of the 110,000 square feet is preleased to a mix of tenants, which eases financial risk and supports faster occupancy.
Businesses announced for the site include Cartwheel Robotics, Mythic Gymnastics, CoffeeBar, FiftyFifty Brewing, and EmployNV. The Generator already occupies space on the west side of the building.
Potential plans include a 240-unit studio apartment project or quick-serve restaurant pads on a nearby 3-acre parcel. Those plans remain under discussion.
Truckee Meadows Construction is the general contractor. Other contractors and design partners include Leonard Electrical Industries, NDI Heating, Plumbing and Cooling, Frame Architecture, Nadel Architects, and L.A. Studio Nevada.
The existing loading dock will stay to serve tenants. The former garden center will be transformed into an open-air display for Burning Man art pieces.
| Feature | Detail | Status |
|---|---|---|
| Total area | 110,000 sq ft | Under construction |
| Construction start | June 10, 2025 | In progress |
| Expected completion | End of 2025 (construction) | Planned |
| Move-ins | Early 2026 | Planned |
| Preleased | Approximately 70% | Confirmed |
| Major contractor | Truckee Meadows Construction | Active |
| Financing | Heritage Bank of Nevada + Belay Investment Group | Secured |
| Planned uses | Retail, office, light industrial, food/beverage, art display | Design in place |
This report summarizes publicly available project details to inform the community about redevelopment activity at The Oddie District. Dates and plans are subject to change as construction and leasing proceed.
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