Wednesday, May 14, 2008

City approves $2.2M to start Township 9 streets

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.

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Good news for sure. Township 9 is starting to lead the way with real construction and hopefully the Railyards will follow soon.

2 comments:

Joe S said...

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towerdistrict said...

That's comes as a big surprise to me. Almost all the small scale infill projects are in a holding pattern, and then here comes one of the biggest projects of all.

I'm just really curious to see what sort of architecture they work up for the area. We've had so much talk about TS9 and the Railyards, but barely a couple illustrations to go on. Can't wait to see this begin to materialize.