West 2nd District is a planned redevelopment project that would convert 17 acres of downtown Reno into high rises, retail, hotels, affordable housing, apartments and condominiums with a central park and other amenities. However, in an interview with the Las Vegas Review-Journal last week, Stephen Siegel, owner of the Siegel Group, said downtown Reno's $1 billion redevelopment project will never happen. Michael Crandall, senior vice president of the Siegel Group wrote in an email,"The buyers sent someone else to purchase the property from us, they did not want us to know it was them because they were concerned the purchase price would go up if we knew they were buying the properties as part of their billion dollar development."