tag:blogger.com,1999:blog-14666781.post116595052958766291..comments2023-08-24T02:17:49.104-07:00Comments on LivingInUrbanSac: Interesting Infill ProjectGAhttp://www.blogger.com/profile/13714870590167707217noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-14666781.post-1168284239922269542007-01-08T11:23:00.000-08:002007-01-08T11:23:00.000-08:00Do you know what application was used to make the ...Do you know what application was used to make the HDR photos?<BR/><BR/>Richard Paine<BR/>rmp31@surewest.netAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166644160384640132006-12-20T11:49:00.000-08:002006-12-20T11:49:00.000-08:00Hey thanks for the low-down..er..heads-up on this ...Hey thanks for the low-down..er..heads-up on this project. It looks great. For some reason I thought it was an old advert for the already built K/16th Lofts down the street. I'll be glad to see site filled in as it is across the street from the Old Gov. House.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166154693104835812006-12-14T19:51:00.000-08:002006-12-14T19:51:00.000-08:00TD - I don't think there are any units set aside f...TD - I don't think there are any units set aside for low income. Unless you are referring to the income level that would qualify for the pricing of the units as being in the LI and VLI levelGAhttps://www.blogger.com/profile/13714870590167707217noreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166152898731341772006-12-14T19:21:00.000-08:002006-12-14T19:21:00.000-08:00"We have tons of condo space being built right now..."We have tons of condo space being built right now, but how many of the completed projects are even filled yet?"<BR/><BR/>There are no new condo projects completed yet (unless you include 500N Street). The closest to being finished is the Marriot's 30 condos.<BR/><BR/>If you are maybe including rentals are well, The high profile ones, O1 Lofts at 16th and K was almost leased out when I first GAhttps://www.blogger.com/profile/13714870590167707217noreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166148654753994632006-12-14T18:10:00.000-08:002006-12-14T18:10:00.000-08:00"i don't get this view of developers "selling us" ..."i don't get this view of developers "selling us" on loft living. it's their land and their product, and your money and your call."<BR/><BR/>OK, I guess so...whatever. My point is that the speed at which these things are being built is not commensurate with the speed at which people are moving into the downtown-midtown area. While the number of people living in downtown Sac is supposed to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166139100443185672006-12-14T15:31:00.000-08:002006-12-14T15:31:00.000-08:00Because that's the city policy: Infill condo proje...Because that's the city policy: Infill condo projects in the central city do not need to provide any low-income (LI, VLI or ELI) units. There won't be any in the Trammell Crow project, the 21st and T project, or at any of the other downtown condominium projects I have seen. I didn't see any mention of low-income units in the staff report for this project, and normally such things are highlighted Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166131679007456762006-12-14T13:27:00.000-08:002006-12-14T13:27:00.000-08:00oops - i guess i'm reading it wrong then.. why is ...oops - i guess i'm reading it wrong then.. why is urban-infill not subject to affordable housing laws? i had just punched up numbers going of the mandatory 15% for low and 3% extremely low. my mistake.<BR/><BR/>also, doesn't the Trammel Crow project plan for two-story townhomes lining the S treet side? i thought that was at least the attempt to better integrate itself in the neighborhood?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166129360496438682006-12-14T12:49:00.000-08:002006-12-14T12:49:00.000-08:00towerdistrict: 8 units LI/VLI plus 2 units ULI? Ou...towerdistrict: 8 units LI/VLI plus 2 units ULI? Outstanding! That alone makes it very different from a lot of the projects coming through the pipe: pretty much none of the condo projects coming through have ANY low-income components (urban infill projects don't have to have a low-income segment.)<BR/><BR/>As far as how well urban living "tests," quite frankly it has a long history: downtown Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166122811627006942006-12-14T11:00:00.000-08:002006-12-14T11:00:00.000-08:00well no matter your perspective, the bottom line i...well no matter your perspective, the bottom line is that 8 of the 48 units will be made available to low-income buyers, with an additional 2 for extremely low-income (under $17,000).<BR/><BR/>i don't get this view of developers "selling us" on loft living. it's their land and their product, and your money and your call. if you don't like loft-style housing, then it's simply not for you - maybe Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166121965434333412006-12-14T10:46:00.000-08:002006-12-14T10:46:00.000-08:00Ok, so Midtown Sacramento is not Midtown Manhattan...Ok, so Midtown Sacramento is not Midtown Manhattan, but you can't buy a shoe box in Manhattan for $160K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166116787763606802006-12-14T09:19:00.000-08:002006-12-14T09:19:00.000-08:00I have to admit that I am also getting a bit skept...I have to admit that I am also getting a bit skeptical about this loft thing too. Without sounding too cynical, this "modern living" approach to midtown/downtown sounds fishy, since it really isn't well tested in this market. We have tons of condo space being built right now, but how many of the completed projects are even filled yet? <BR/>Remember, builders have sold many of us on "open Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166056345514985012006-12-13T16:32:00.000-08:002006-12-13T16:32:00.000-08:00"Affordable housing" is always a matter of perspec..."Affordable housing" is always a matter of perspective, though: even a $160,000 unit would run around $800-1000 a month for mortgage payment, plus maybe about $300 for HOA fees. That's an affordable range (about 1/3 of income) for someone making $40K-50K a year (current "low-income" threshold for Sacramento County is $36,600 a year.)<BR/><BR/>The whole "Urban Loft Living" set of catchphrases is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166050513166288972006-12-13T14:55:00.000-08:002006-12-13T14:55:00.000-08:00That's very very interesting. If their goal is bui...That's very very interesting. If their goal is building affordable housing in Sacarmento that they can still make a profit at, I hugely in favor of it.<BR/><BR/>If they think they can rip people off with inflated prices for a virtual closet, I am hugely against it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166049201965063812006-12-13T14:33:00.000-08:002006-12-13T14:33:00.000-08:00We do see the term "loft" used loosely here in Sac...We do see the term "loft" used loosely here in Sac, but every other city in the US uses same loosely used loft term. It's a cultural urban living fad right now. <BR/><BR/>Even in the cities you mentioned that have real lofts, there are many other projects that bill the units as lofts when they really aren't. It's not unique to Sacramento<BR/><BR/>The only true loft project I see right now is GAhttps://www.blogger.com/profile/13714870590167707217noreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166048050061086032006-12-13T14:14:00.000-08:002006-12-13T14:14:00.000-08:00"Loft" gives illusions of living in an UNDIFFERENT..."Loft" gives illusions of living in an UNDIFFERENTIATED LARGE high ceiling space in the upper floors of an industrial or warehouse building, with large industrial windows, heavy timber, masonry or concrete construction, where one arrives at their floor by the old fashioned elevator industrial elevator with the pull-up wooden slat door, typical of Artists Studios in NY City, LA or SOMA. <BR/><BR/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166047811227644542006-12-13T14:10:00.000-08:002006-12-13T14:10:00.000-08:00They have mini-condos like this in Belltown in Sea...They have mini-condos like this in Belltown in Seattle, I think they may be a little bit smaller. Some folks seem to enjoy them. And for the rents in that area, I think the prices are fairly reasonable (around the range that you mentioned).<BR/><BR/>Also, Maxwell Gillingham-Ryan (of ApartmentTherapy.com) and his wife Sarah live in a teensy place in NYC (Brooklyn, I think) with their new baby. I Mayahttps://www.blogger.com/profile/08833614482696966447noreply@blogger.comtag:blogger.com,1999:blog-14666781.post-1166038922926934492006-12-13T11:42:00.000-08:002006-12-13T11:42:00.000-08:00Usually the smaller the unit is, the higher the pr...Usually the smaller the unit is, the higher the price per square foot. Probably going to be more like $600/sfAnonymousnoreply@blogger.com