Reno City Center will also have a gym as well as entertainment set in a park-like setting, according to CAI. Retail offerings will include food options such as restaurants, a bar, coffee shop and grocery store. Once the project is finished, the remodeled building will feature about 530 market-rate apartments, 150,000 square feet of new office space and 78,500 square feet of retail. The hotel-casino was sold by VICI Properties and Caesars Entertainment for $50 million. The longstanding gaming icon in the heart of downtown Reno is set to undergo a transformation as a mixed-use property after its sale to Las Vegas-based real estate group CAI Investments. Say goodbye to Harrah’s Reno and hello to Reno City Center.