Tuesday, July 03, 2012

Renovated Hotel Berry

Hotel Berry, 729 L Street, Sacramento, CA 95814
Last spring, the 83-year-old Hotel Berry began renovations at a cost of $24.5 million to completely renovate and modernize the historic hotel. The depression-era six-story mixed use hotel had fallen into severe disrepair, but after being bought by Jamboree Housing Corporation in 2007 for $5 million, the agency was able to finance the project with $13.6 million in tax credit equity, $10.1 million in permanent financing from Sacramento Housing and Redevelopment Agency and $500,000 in federal weatherization funds. U.S. Bank provided $5.5 million in construction financing.

Hotel Berry, 729 L Street, Sacramento, CA 95814 - 1926
The historic hotel was built in 1929; the Berry was once a functioning hotel but has been used as low-income housing for single occupants since the 1960s. At that time, there were about 2,300 single-room occupancy apartments in the city. With 104 Single Room Occupancy (SRO) studios and a manager’s unit, the total cost break down per room is $240,000 per unit to renovate.  The hotel is scheduled for completion in the next 4 to 6 weeks and now called The Studios at Hotel Berry.

Hotel Berry, 729 L Street, Sacramento, CA 95814

Hotel Berry, 729 L Street, Sacramento, CA 95814 - 1926


Anonymous said...

At 240,000 per unit someone within this financing fiasco just got rich.

Suzy Frame said...

I love that even though they did do a lot of hotel renovations they were able to keep it somewhat authentic and make it sill a little vintage looking. They did a great job at touching it up and making it look great! It looks like a great and fun hotel to stay at! Me and my husband love staying at classic hotels such as this one!

Zwahlen Images said...

Hate to break it to you Suzy but the Hotel Berry is no longer a hotel even though Hotel is in the name. It's now for low income people. Monthly rent will be between $394 and $591... http://sacselfhelp.org/sshh/images/hotel%20berry.pdf

Computer Repair Portland said...

Love the pictures of the vintage sac buildings... And glad at least they are using these buildings for something other than scrap

Rick James said...

How long did it take to do the hotel renovations? I'm guessing that with something as big and old as this hotel it would take some time.