Showing posts with label Redevelopment. Show all posts
Showing posts with label Redevelopment. Show all posts

Wednesday, December 19, 2018

700 K Street - The Harlin

This is still hard to believe, after being K Streets most run down section for over 30 years the 700 block of K Street has been reborn. Both D&S Development and CFY Development are nearly finished with rehab and creating a mixed-use project right next to the Golden 1 Center. The final total cost to date is $60.1 million which is a 25% price jump from the original $48 million. This project added 137 apartment as well as ground floor restaurants and retail.
Development in the 700 block of K Street

The city of Sacramento has donated some of the parcels and will pay about a quarter of the $60.1 million cost through loans and grants. The city contributed $2.6 million and another $13 million in public money also came from affordable housing subsidies, both do not need to be paid back. That is a lot of free stuff, both the land and dollars were giving to the developer.
Development in the 700 block of K Street looking east

The soon to be Solomon's Delicatessen on 700 block of K Street

Development in the 700 block of K Street looking west

8th Street view of the Harden apartment behind the historic store fronts on K Street

7th Street view of the Harden apartment behind the historic store fronts on K Street

7th & L Street view of the Harden apartment rising behind the former bus station

8th & K Street view of the Harden apartment behind the historic store fronts on K Street


8th Street view of the Harden apartment behind the historic store fronts on K Street

Thursday, December 29, 2011

Court Rules to Kill Redevelopment Agencies

California's high court ruled today that California's redevelopment agencies can be dissolved by the legislature, but the state cannot force those agencies to make payments to other government funds,  Faced with a continuing budget shortfall, California legislators earlier this year passed a law dissolving local redevelopment agencies in an attempt to save money.

Another law, however, gave the agencies a chance to continue operating, on the condition that they pay $1.7 billion this fiscal year and $400 million each year thereafter to schools, transit and fire districts. The court also found that the dissolution law "is a proper exercise of legislative power." The funding law, however, violates the California constitution, it said in the ruling.

This ruling should stop work on several projects including 800 K Street that needs redevelopment funds to break ground.  and East End Gateway 2 and 3 in which CADA owns the land.

Saturday, September 10, 2011

Redevelopment Lawsuit Halts K Street Project

The SacBee’s reporting that David Taylor’s 800 K Street redevelopment plan has hit a snag with his exclusive right to negotiate the development deal lapsing last month. City officials say they can't restart talks until litigation over the state's attempt to overhaul redevelopment agencies resolved.

The redevelopment plans moved forward with Taylor’s team last July when the City Council asked his team to rebuild the 800 block. It also named a group headed by developer Bay Miry to redo K Street's 700 block.
Government funding for this project and others around the state halted earlier this year when Gov. Jerry Brown threatened to do away with local redevelopment agencies. Cities later sued, saying Brown's plan is unconstitutional. The state Supreme Court has blocked the agencies' shutdown while it reviews the suit.
The project for the 700 block of K Street is still moving ahead with construction scheduled to start early next year.

Tuesday, July 24, 2007

Township 9 Public Hearing with the Planning Commission

Township 9 is comprised of 4 districts. Transit Area, The Central Mixed-Use Area, Live/Work Townhouse Area, and Riverfront Area.These are from the Planning Commission Meeting Agenda for July 26th.

On July 26th Township 9 will go before the Planning Commission to review the mixed use of residential, retail, and office use of 65 acres. Rezoning of 37 acres has been requested from heavy industrial to residential mixed use zones. This is another sleeper project that when compete will meet all the urbanism principles of smart growth. Township 9 has proposed 2,981 dwelling units and 147,000sf of retail. In May of this year the proposal went before the City Preservation Commission and received approval to move forward with demolition of the existing structures on the site.