The Oddie District

What it is

The Oddie District is a 232,000 SF conversion of a former Lowe's at 2450 Oddie Boulevard in Sparks into a maker, innovation, food-and-beverage, and retail campus by Foothill Partners with Belay Investment Group. It officially opened on October 1, 2026, after a $32 million investment, per News 4.

Two figures circulate for its size, and both are right. The 232,000 SF figure is the whole building, per News 4's opening coverage, our June 2026 tracker, and our Q2 2026 market report. The 110,000 SF figure in our Q1 2026 report matches the retail space described in the Nevada Appeal's August 2025 construction report. Truckee Meadows Construction is the general contractor, per that report. The tenant roster is per the developer's announcements. Tracked on our What's Coming to Reno hub.

Status as of October 2026

Delivering. The Oddie District held its official opening on October 1, 2026, with a ribbon burning in place of a ribbon cutting, a nod to the region's Burning Man roots, per News 4. Twenty-two businesses were operating on site at the opening, with more than 350 active members in the makerspace, while construction continues on the rest of the building.

Per the developer, via our Q2 2026 report, the first tenants began moving in during June 2026 with the project reported at roughly 70% preleased. We list it as Delivering while space is still being built out and turned over; it moves to Delivered when construction is complete.

Sparks vacancy was an estimated 3.8% in Q1 2026, per our Q1 2026 report, and an estimated 3.5% in Q2, per our Q2 2026 report, which called Sparks the submarket that improved the most in the quarter and credited Oddie District lease-up with leading the estimated +55,000 SF of metro net absorption.

Timeline

• June 10, 2025: Construction begins, per the Nevada Appeal.
• Q1 2026: Approximately 70% preleased ahead of a summer opening, with CoffeeBar, FiftyFifty Brewing, Mythic Gymnastics, Cartwheel Robotics, and EmployNV confirmed, per the developer via our Q1 2026 report.
• June 2026: First tenants move in, per the developer via our Q2 2026 report.
• Fall 2026: Common-area food and beverage, CoffeeBar and FiftyFifty Brewing among them, target openings, per the developer via our Q2 2026 report.
• October 1, 2026: Official opening, with 22 businesses operating on site, per News 4.
• November 2026: National Technical Institute opens an 8,000 SF campus, per Northern Nevada Business Weekly.
• Full build-out and the planned 300-seat venue: TBD.

Who is in

Tenant	Size	Source
CoffeeBar	Not disclosed	Developer
FiftyFifty Brewing	Not disclosed	Developer
Mythic Gymnastics	8,000 SF	Developer
Cartwheel Robotics	20,000 SF	Developer
EmployNV	20,000+ SF	Developer
National Technical Institute	8,000 SF, November 2026	Northern Nevada Business Weekly
300-seat food and entertainment venue	Operator not disclosed	Developer

Twenty-two businesses were operating on site at the October 1 opening, per News 4; the table lists the tenants named publicly. National Technical Institute, an accelerated vocational trade school, is the newest addition and its second Nevada location, per NNBW. The Oddie Commons leasing flyer showed nine spaces of roughly 1,100 to 2,300 SF as of September 16, per our tracker update; confirm availability with the listing broker.

What it means for tenants, owners, and investors

Tenants. Ian Cochran's view: for a restaurant operator who wants to be in a built-in-audience project without paying South Reno rent, this is the one to look at this fall. New construction needs $4.00 to $5.00 per square foot per month, per brokers cited by the Nevada Appeal, so projects already underway, the Oddie District among them, are the last relatively affordable new space this cycle. Bring a concept that works in 1,100 to 2,300 SF, and read our restaurant space guide first.

Owners. Ian Cochran's view: the Oddie corridor was written off as a value location for years, and this project will reset what landlords there can ask. Our Q2 2026 report called it the clearest example this cycle of a dark big box converted into a mixed-use draw rather than backfilled with another discounter; a draw helps every center nearby. See our Sparks retail guide.

Investors. Ian Cochran's view: Sparks corridors, Prater Way and the Oddie District in particular, are absorbing tenants at rents that still trail South Reno by a wide margin, and that spread is the opportunity. Per our Q2 2026 report, stabilized multi-tenant Reno retail trades near a 6.0% to 6.5% cap rate; look nearby before lease-up finishes and pricing reflects it.

Sources

• News 4, October 2026: official opening, $32 million investment, 22 businesses operating, and makerspace membership
• Nevada Appeal, August 19, 2025: construction start, retail square footage, and general contractor
• Foothill Partners / Belay Investment Group developer announcements, via our Q1 2026 report, Q2 2026 report, and June 2026 tracker
• Northern Nevada Business Weekly, National Technical Institute campus, via our September 9, 2026 openings roundup and September 16, 2026 tracker update
• Oddie Commons leasing flyer, as of September 16, 2026, via our September 16 tracker update
• Retail Reno Q2 2026 report, August 14, 2026
• Retail Reno Q1 2026 report, June 2026
• Nevada Appeal, new-construction rents cited by brokers, via our September 16 tracker update