The A.J. Residential Project in the Railyards

The A.J. residential project in the Railyards

The A.J. is the first residential project at the Railyards to begin construction. It broke ground in August 2020 and is set for completion by Winter 2022. Located at the corner of Railyards Boulevard and 6th Street, the first Railyards mixed-use residential project, The A.J., will consist of 345 residential rental units, 69 of which will be affordable units, and 5,000 square feet of ground floor retail.

The A.J. residential project in the Railyards rendering

Richards Boulevard State Office Construction

1.3 million sq. ft. state office buildings development that will house several state departments. Currently the fourth mid-rise is rising with the other three buildings have topped out. Completion expected in March 2024.

Richards Blvd. State office construction

Richards Blvd. State office construction

Richards Blvd. State office construction

Sacramento County Courthouse Construction

The Sacramento County Courthouse construction project appears to be poring two concrete elevator shafts and are currently on the 3rd or 4th floors. Construction began in November 2020 and is estimated to complete in January 2024.

Sacramento County Courthouse elevator shafts construction

Sacramento County Courthouse construction looking west

Sacramento County Courthouse construction looking eest

Sacramento County Courthouse construction looking west

Sacramento County Courthouse construction looking south

Sacramento County Courthouse elevator shafts construction

Sacramento County Courthouse elevator shafts construction

Sacramento County Courthouse elevator shafts construction

Sacramento County Courthouse elevator shafts construction

Sacramento County Courthouse construction looking west

Sacramento County Courthouse construction looking east

Railyards Sacramento County Courthouse Richards Blvd state office Panorama

Draft EIR For Broadway Bridge Project

Both the City of West Sacramento and Sacramento are proposing to construct a new bridge over the Sacramento River south of the Pioneer Bridge (US 50). The proposed Broadway Bridge includes the de-industrialization of West Sacramento’s Pioneer Bluff including the relocation of the Union Pacific Railroad line, acquisition of decommissioning of Shell Oil Facility and Wastewater Treatment Plant. The estimated bridge construction cost is currently $278 million, but that will most likely rise as these things do until a contractor is chosen and date is set to begin. The total length of the project is one mile from 5^th Street in Sacramento to Jefferson Blvd. in West Sacramento. The new bridge will also have a movable bridge span to allow larger boats to pass through the area. After scanning the EIR and other related documents, it appears construction might be completed between 2025 and 2030. The comment period is from July 7 to August 23, 2021 at mccoyj@cityofwestsacramento.org.

https://www.cityofwestsacramento.org/home/showpublisheddocument/12395/637611973413427204

https://www.cityofwestsacramento.org/government/departments/capital-projects-and-transportation/projects/broadway-bridge-projects

http://www.cityofsacramento.org/Community-Development/Planning/Environmental/Impact-Reports

Colliers Sacramento Office Snapshot: Q2 2021

If you enjoy seeing a few cranes dot the Sacramento skyline, soak it up now while the market corrects. Below are some highlights from Colliers International Sacramento new quarterly report.

Colliers reports mentions that the market has seen 1.65 million square feet of occupancy loses since Q2 2020 as companies continue to adapt to remote work and hybrid models. Historic comparisons had the over all vacancy rate in Q2 2020 at 13.4% and todays in now 16.3%. The State of California , Sacramento's largest office occupier, still has roughly three-fourths of it's 230,000 employees working from home. In addition, the State is vacating large blocks of leased space to move into new construction or to consolidate it's office real estate. 

There are a few positive developments, the Sacramento Kings gifted 35 acers to California Northstate Hospital to construct a major teaching hospital that could bring 3,000 jobs to the vacant Sleep Train Area site. There is also the outsourcing technology company HCL plans to bring 663 new jobs to the Sacramento area over the next four years. To read the full office market repot by Colliers Sacramento by Bob Shanahan click here.