The completion of the Moya Boulevard extension has marked a significant advancement in infrastructure for the North Valleys region of Reno, Nevada. This project, funded entirely by Dermody, aims to enhance safety, accessibility, and overall livability for both residents and businesses in the area.
The newly extended four-lane roadway connects Lear Boulevard to Military Road, unlocking over 900 acres of logistics and advanced manufacturing opportunities at the Reno AirLogistics Park. This development is poised to create job opportunities for the local skilled workforce, bringing employment closer to where many residents live.
John Ramous, Nevada Region Partner at Dermody, emphasized the company’s commitment to the region, stating, “Dermody has deep roots in northern Nevada and a long history of investing in our communities.” He further noted that this project illustrates the potential benefits of collaboration between public and private sectors in building infrastructure that serves the broader community.
Improving Safety and Efficiency
The Moya Boulevard extension includes enhanced safety features, such as improved drainage systems and dedicated turn lanes that cater to both commuter and commercial traffic. By investing in this roadway, Dermody aims to facilitate responsible and sustainable growth in the North Valleys.
This extension is particularly significant for the Reno AirLogistics Park, which is being developed as a live-work model. This concept allows companies to benefit from state-of-the-art logistics and manufacturing facilities while maintaining close proximity to a capable workforce. With over 9,000 families residing in the North Valleys, the project highlights how private investment can improve quality of life through smart growth strategies.
Ramous added, “From the beginning, our focus has been on creating opportunity and removing barriers to good jobs close to where people live.” He noted that the North Valleys have long been recognized as a hub for innovation and logistics, and the Moya Boulevard extension is a vital step in ensuring that community and economic growth are aligned.
Future Prospects for the Region
Once fully developed, the Reno AirLogistics Park will provide flexible facilities for distribution, e-commerce, aeronautics, and research and development, all conveniently located near the Reno-Stead Airport. With more than 70,000 households in the greater Reno-Sparks area and a skilled labor force of 100,000 within a ten-mile radius, the park offers a unique advantage by combining a qualified workforce with minimal commuting times.
Dermody is a privately-owned real estate investment, development, and management firm that specializes in logistics real estate. Founded in 1960, Dermody has developed over $10 billion in capital across various platforms nationwide, acquiring and developing approximately 110 million square feet of logistics and industrial facilities. The firm operates regional offices in multiple cities, including Atlanta, Chicago, and Phoenix, in addition to its corporate office in Reno.
This strategic investment by Dermody in the North Valleys not only enhances local infrastructure but also signifies a commitment to fostering economic growth and improving the quality of life for current and future residents. For more information about Dermody, visit their official website at www.Dermody.com.
