Sacramento Business Journal
The Sacramento City Council on Tuesday voted to approve $2.2 million in transportation improvement funding for North 7th Street.
The street will be the primary access road for Township 9, a mixed-use redevelopment project the city has designated as its top priority for state Proposition 1C infill housing funds. The first phase of Township 9 is slated for 752 residential units, 139 of which would be affordable units, and 42,000 square feet of retail.
When the city put Township 9 forward for $30 million in Prop 1C funding, it pledged to make $2.2 million available for North 7th Street improvements.
Capitol Station 65 LLC, the developer of Township 9, plans to begin construction on the project this year to deliver the first housing units in 2010.
Good news for sure. Township 9 is starting to lead the way with real construction and hopefully the Railyards will follow soon.