Hillpointe Acquired Reno Site for New Rental Project
The 358-unit development planned for Wedge Parkway will offer a mix of two-bedroom apartments and three-bedroom townhomes.
Updated on Oct. 14, 2026 in Apartments
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Developer Hillpointe has acquired a 32.5-acre parcel located at 18610 Wedge Parkway in Reno. The upcoming community, named Pointe Grand Cape at Southport, will feature 268 apartments and 90 built-to-rent townhouses.
Why it matters
The project expands housing inventory in Reno by adding a significant mix of rental units to the local market. By offering both apartments and townhouses, the development provides diverse living options for residents seeking proximity to local amenities.
The development spans 32.5 acres and will eventually include 358 residential units. The site consists of 268 two-bedroom apartments and 90 three-bedroom townhouses.
The players
Hillpointe
An investment and development firm specializing in the creation of large-scale, purpose-built rental housing communities.
The details
The site plan designates 12 buildings to house the apartment units, which are configured with two bathrooms each. The townhouses will offer three bedrooms and two-and-a-half bathrooms. Residents of the community will have access to shared amenities, including a clubhouse, swimming pool, hot tub, fitness center, a dedicated dog park, and a pickleball court.
Timeline
Grading for the project is scheduled to begin in the fourth quarter of 2026.
Full site work is set to commence in December 2026.
Vertical construction is expected to start in March 2027.
The first residential units are projected for delivery in January 2028.
Full completion of the project is anticipated in April 2028.
The Home Front
This project reflects a broader trend of integrating built-to-rent townhomes into multi-family developments to address shifting residential preferences. It marks a departure from purely vertical apartment complexes by offering a tiered housing model on a single residential site.
Local residents should monitor the progress of this project if they are considering future moves or interested in new rental inventory arriving by 2028. You can keep an eye on local development notices to stay updated on construction timelines that may impact traffic flow around Wedge Parkway.
The takeaway
The addition of these units will significantly increase rental capacity in the Reno area starting in 2028. Residents interested in new housing should track site work developments periodically to confirm the anticipated 2028 delivery schedule for the townhouses and apartments.
Further reading
For more on the local rental landscape, explore the Apartments section.
Source note: This article includes information reported by 301 Moved Permanently.
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