Railyard Development in Truckee Underway From Holliday Development and Dickson Realty

Holliday Development, Railyard Development, Truckee, Bay Area, Dickson Realty, The Railyard,

Holliday Development, Railyard Development, Truckee, Bay Area, Dickson Realty, The Railyard,

(Truckee, Calif.) – Holliday Development announced its decision to engage Kane Schaller, Co-owner and head of the California Leadership Team of Dickson Realty, to sell the residential units in the highly anticipated Railyard Development in Downtown Truckee. Joining Kane are partners, Jessica Ferguson and Megan Evans, also known as KJM. Extensive cleanup, ground moving and relocation of railroad tracks are already underway, heralding the beginning of the infrastructure relocation to accommodate the first phase of the project.

After 12 years of community and staff input, and the steadfast efforts of Holliday Development, The Railyard delivers on the promise of “Redefining Mountain Living,” a project designed to prioritize the local economy, secure workforce housing, maximize mixed-use space and develop additional walkable/bikeable options. It has been a long time mission and focus for Holliday Development and KJM to meet environmental and community needs while enhancing and promoting Truckee’s vibrant, world-class destination offerings. Initial interest has been received from local perspective buyers as well as from second homeowners from the greater Bay Area and Sacramento regions.

The partnership between Holliday Development and KJM of Dickson Realty is the culmination of a 2+ year collaborative relationship. Through the use of focus groups and market expertise, the objectives were to refine and improve the design, and pair smart development with the needs and desires of the Truckee community. Rick and Nancy Holliday of Holliday Development have been long-standing members of the Truckee community for more than 15 years, and are honored to have the opportunity to contribute back in such a meaningful way.

“I am proud to be able to put my name and the name of Dickson Realty behind this incredible opportunity for our community,” said Schaller. “I really feel it is nicely in-line with the values of our community and our needs. I have said before and firmly believe that the community will benefit from this far more than the developer will.”

The project encompasses a 75-acre development footprint extending east of downtown commercial row, north of the rail line to Reno and south of Glenshire Drive. The first phase includes 46 market rate residential units, 8 commercial units, a movie theater/performing art center combination, brew pub restaurant and space for Artist Lofts, a new affordable housing concept pioneered in Sacramento, to be built in Truckee by CFY Development. Submitted concurrently with the first phase is the plan for a Nugget Grocery Store within the “Balloon Track,” east of downtown. The project will maximize available land with efficient and environmentally-friendly building strategies, allowing the topography and natural landscape of the beloved backyard to be left untouched.

The Railyard comes on the heels of the “Truckee Tomorrow” public-private partnership initiative to rebrand the Truckee community with the tagline “Truckee. Basecamp for a Big Life.”; and elegantly complements those efforts led by the Truckee Chamber of Commerce, the Town of Truckee and the Truckee business community.

To learn more about residential units planned at The Railyard project and to become part of the future of the Truckee Railyard, contact KJM of Dickson Realty at 530.426.5263 or kjm@dicksonrealty.com.

West Coast Commercial Real Estate News