HENDERSON (KTNV) — An apartment complex that has sat in total darkness for more than a year is now expected to be complete by April.
Developers are promising it will bring business, people, and excitement to downtown Henderson.
“There's just been some disruptions right,” said Tom Wucherer, with Strada Development Group.
The Watermark mixed-use complex was first announced in 2021 and promised to inject new life and foot traffic into the area.
However, the project came to a halt in December of 2023.
“The thing that worries me is that when you have developments like this that stay stagnant for a long time on Water Street, it becomes a black eye," Mikel Conrad, who owns a photography studio less than a block away from the site, previously told Channel 13.
WATCH for more on Conrad's thoughts on the project:
The seven-story high-rise was almost complete, but Channel 13 learned in December it’s nearly $16 million in debt due to liens filed against the property.
WATCH | One year later, Watermark Building in Henderson sits empty
Wucherer explained why construction stopped and why it took so long to start up again.
“We had delays and I apologize for the delay but we’re delivering everything that we were hoping and expecting,” he said.
It was more than a single thing. Wucherer explained the team dealt with supply chain issues, financial complications and other problems.
“There’s been a lot of things. Ultimately, it’s getting done,” he said.
However, the project is now back on track for an April completion date.
