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Water Street Complex to Be Completed

A big project in downtown Henderson that stalled and went bankrupt is now poised to be completed this year, after the developers landed nearly $28 million in new funding. The Watermark, a seven-story complex on Water Street, is scheduled to be finished by the end of May, said Tom Wucherer, a partner with project developer Strada Development Group. Plans call for 151 apartments and more than 30,000 square feet of commercial space in the $65 million project, located across from the America First Center ice rink. Henderson’s once-sleepy downtown corridor has seen waves of construction, new eateries and more foot traffic in recent years, with the Watermark standing out as an especially big bet on the area. “When you look at our project, it absolutely fits in with the future of Water Street,” Wucherer said.