Southern Land Co. who originally proposed a 32 story residential tower and 5 story office has now revised the plans to include a 26 story tower and a 14 story building. The shorter building is replaced by the 14 story building and the 32-story is now 26-story. The developer plans to release more details in the coming months and the start construction in the second half to 2023. I believe shorter towers have a better chance of being built in Sacramento, and history has shown us this. I will be both shocked and pleased to see this proposal built. Sacramento Business Journal
Wednesday, December 21, 2022
Tuesday, December 20, 2022
Mid-Rise Apt. Proposed Along American River
In the River District along the American River, residential towers
have been proposed with a total on 826 units. The development is proposed on
Burcut Drive off Richards Blvd. which is currently a warehouse area and is currently
a tough part of town to be in day or night. The location is right up next to
I-5 and the upper floors looking west will hear and see 10 lanes of freeway traffic
24/7.
This proposal named American River One would include two towers nearly 200 feet tall, a third tower 150 feet tall and another tower at 109 feet tall. No plans have been submitted to the city or cost estimate for construction.
Wednesday, December 07, 2022
Township 9 - Marketing Office/Biotech Lab space for lease
Township 9 is currently owned by 29th Street Capital. Phase C is on the south side of the site located at the light rail stop and runs along Richards Boulevard directly across the street from the 1.3MM SF State of California office complex slated to be delivered in 2025 and house 5,000 employees. The west half of the Phase C will be comprised of a 120,000 SF biotech office building.