Huge mall planned across from Wal-Mart
August 4, 2004
MINDEN – A 713,000-square-foot regional shopping center is being proposed for a parcel located directly across Highway 395 from Wal-Mart.
Riverwood is a proposal by AIG-Baker, the developers of the 300,000-square-foot Carson Valley Plaza in north Douglas County.
According to the developer’s Web site, http://www.aigbaker.com, Riverwood is expected to include three major department stores, a wholesale club, a multiplex theater along with other retailers and restaurants.
A phone call to the representative handling the AIG project, Jay Tamlin, was not returned but an announcement may be forthcoming when Douglas County commissioners meet at 1 p.m. today in Minden.
The former public land parcel was purchased by Carson City car dealers Michael Hohl and Dink Cryer from the Bureau of Land Management in August 2003 for $14.6 million.
News of the mall could ease concerns of Carson City officials who feared the auto dealers were planning to build an auto mall on the property, which is located in Douglas County. Tax collected from Carson City auto sales represents a big chunk of the city’s operating budget.
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Bonds for $5 million in sewer and water improvements to serve the area were approved by Douglas County commissioners.
Hohl and Cryer have agreed to negotiate with Carson City to find an auto mall site within city limits.
The attraction for AIG-Baker, according to its Web site, is that Carson City has a stable job base of 30.8 percent government employees. Aggressive recruiting of new manufacturing jobs by Douglas County and South Lake Tahoe’s 3.2 million visitors a year were reasons cited by the company for building the mall.