New Businesses come to Downtown Reno, Continuing Diversification
Innovative companies MyVR and Ground Up Construct open downtown offices.
Reno, NV (date July 30, 2018) – Basin Street Properties, a prominent Reno office building owner continues to see business diversify in Downtown Reno. In 2018, six new companies have come to Basin Street’s downtown buildings, taking 16,709 square feet of available space. The companies span different industries including vacation rental management software, construction trade technology and training, executive search and commercial and residential real estate.
“We continue to see our tenant base transform in downtown Reno,” said Scott Stranzl, Vice President of Leasing at Basin Street Properties. “While the traditional law, accounting and insurance firms continue to grow and thrive downtown, we’re also seeing the emergence of new technology and services companies like MyVR and Ground Up Construct. High caliber jobs in varied and emerging verticals are a great recipe for the continued, steady growth of our local economy.”
MyVR is a cloud-based, multi-channel management platform for vacation rental businesses. As the alternative accommodations market has grown rapidly, so has MyVR. MyVR recently opened offices at 200 South Virginia. “Our growth trajectory has allowed us to make the strategic decision to officially establish a second site apart from our San Francisco headquarters, with the goal of developing sales, customer support and customer success Centers of Excellence (COEs) in Reno as we scale,” said CJ Avilla, Senior Software Engineer at MyVR.
MyVR provides short-term property managers the ability to simplify and centralize the management of their multiple marketing channels (e.g. Airbnb, HomeAway, Booking.com, etc.) from a single dashboard, while also providing these businesses with their own online presence to grow their direct sales channel and automate daily tasks. MyVR’ s open platform also connects seamlessly to other best of breed applications and services – and that has resonated with customers and contributed to the company’s growth. Their app marketplace and open APIs make the power of an open platform accessible to property managers of all sizes and skills.
In late 2017, MyVR raised its first institutional funding round led by True Ventures, with participation from existing angel investors. This enabled MyVR to accelerate the build-out of their open platform and accelerate their pace of hiring.
“As a part of our continued growth, it’s our goal to grow the MyVR team in Reno,” said Avilla. “We’re actively recruiting customer support and success representatives, account executives, and sales development representatives for the Reno office.”
Ground Up Construct is a Workforce Accelerator. Their mission is to inspire, educate and offer job opportunities to trade professionals, through a web platform that facilitates the connection between potential employees and trusted companies from the construction industry
“Ground Up Construct is a tech company and we felt that being downtown gave us the right feel for the people we are looking to hire,” said Josh Munns, Partner at Ground Up Construct. “Plus, our space at 50 West Liberty is a great fit and was ready for us to begin working right away. As a tech start up we really wanted a clean and friendly environment to work in, as part of attracting top talent.”
“We just did a presentation at 1 Million Cups in Reno and had amazing feedback,” said Munns. “Our web platform will be launched in August and we also recently filmed promotional videos highlighting careers in construction for our social media campaigns. Things are moving quickly, and we’re excited about the direction and progress.”
Ground Up Construct will make additional hires in August once the platform launches. They will be hiring a sales team, inside support team and Master Trainers for construction education. Check out https://www.groundupconstruct.com/ for additional information.
Basin Street Properties owns and manages 723,646 square feet of Class A office in Reno and lead the redevelopment of the Kings Inn into 3rd Street Flats and the construction of the Courtyard by Marriott Downtown Reno. Dominic Brunetti, Scott Shanks and Lindy Deller of Dickson Commercial Group represented Basin Street Properties.
About Ground Up Construct
Ground Up Construct was created to bring attention and change to the construction industry. Partner and founder Josh Munns, as a subcontractor in the industry, has watched our craft workforce shrink as the narrative did not support the true success available in the trades. Along with an aging skilled trades workforce, our pipeline has deteriorated to a point that is causing strain on schedules and a rise on building costs. Ground Up Construct is focused on inspiring a new Skilled Trades Workforce and raise awareness to the careers that exist in this amazing trade. For additional information visit https://www.groundupconstruct.com/
MyVR is on a mission to build the most robust and easy-to-use software available to vacation rental owners and property managers. More than that, our goal is to build a powerful open platform for the alternative accommodations industry. Our platform approach opens the platform to outside developers and service providers who can build on top of the marketing and business operations functionality we provide. This helps ensure our customers will always have access to best in class products and services, connected to the software they use to run their business. This is a huge win for owners and property managers — they’re no longer stuck with archaic, legacy solutions with proprietary, vertically integrated systems that box people in, hold their data hostage, and limit the choice of features and functionality. As our developer community continues to grow, customers will increasingly have access to great technology solutions and services without ever needing to change software companies. For additional information, visit https://myvr.com/ .
About Basin Street Properties: Basin Street Properties, headquartered in Reno, is one of northern California’s and northern Nevada’s prominent developers, investors and managers of commercial properties. Basin Street has become widely recognized for its office, retail, multi-family and mixed-use developments. Founded over 40 years ago, the company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information, visit basin-street.com or contact Mike Williams, 775-954-2821, firstname.lastname@example.org.