Resources Building $461 Million Renovation - Update

The Resources Building Renovation Project (Project) involves a tear-down of the 17-story 657,000-square-foot building leaving the building’s steel frame, then reinforcement/rebuild matching the current footprint, mass, and height. The Project would include code-required improvements, including seismic upgrade, installation of a building-wide fire sprinkler system, reconstruction of three 17-story exit stair towers, and replacement of asbestos-containing fireproofing. Antiquated mechanical, plumbing, electrical, security, and telecommunication systems will be replaced, completely upgrading all infrastructure systems. The Project will make the building safe while honoring the building's historic qualities.

The Resources Building at 1416 9th Street in downtown Sacramento

The Project goal is to achieve Zero Net Energy and Leadership in Energy and Environmental Design (LEED) Silver certification. Project delivery and Completion is anticipated in Spring of 2025, within 42 months of Notice to Proceed (NTP). Project will include exterior envelope replacement, including installation of new roof and insulation, window system, and building skin.

https://rbr.gilbaneco.com/

The Resources Building at 1416 9th Street in downtown Sacramento

The Resources Building at 1416 9th Street in downtown Sacramento

The Resources Building at 1416 9th Street in downtown Sacramento

The Resources Building at 1416 9th Street in downtown Sacramento

The Resources Building at 1416 9th Street in downtown Sacramento

The Resources Building at 1416 9th Street in downtown Sacramento

Capitol Park Hotel Renovation Almost Ready For Homeless

Capitol Park Hotel at 1125 9th St, Sacramento, CA
was originally built in 1912

The 110-year-old Capitol Park Hotel is starting to look livable, renovations of the historic building will finished soon and the Sacramento homeless will be able to move in. The local news has reported that the cost to renovate the building has gone up from the original $58 million to $64 million. Originally, the  per foot cost breakdown was $1,000 per square foot. If you look at just the per square foot cost, this is the most expensive residence in Sacramento county. The age of the building means the renovation is costing more than $445,000 per unit., but costs have gone up so this is now a low number.

Capitol Park Hotel at 1125 9th St, Sacramento, CA
was originally built in 1912

Capitol Park Hotel at 1125 9th St, Sacramento, CA
was originally built in 1912

Capitol Park Hotel at 1125 9th St, Sacramento, CA
was originally built in 1912

Legal Trouble For Capitol Annex

North entrance into the California State Capitol

A December court ruling has delayed the demolition of the existing Annex and construction of a new building, parking garage and visitor center by requiring the state Department of General Services to recirculate its environmental impact report for public input.

As reported by CapRadio, neither legislative leaders nor DGS have released a new timeline for the project or its received impact reports following the court ruling. The Annex portion of the Capitol was closed over a year ago and demolition has not begun.

Opponents of the planned $1.2 billion revamp of the California state Capitol Annex are calling for the state to reconsider the entire project. the state is projected to experience a budget deficit of more than $22 billion this year.

Materials on the north side of the State Capitol

Looking inside the 8 foot fence sounding the State Capitol

Looking inside the 8 foot fence sounding the State Capitol

East entrance of the State Capitol

East entrance of the State Capitol

East entrance of the State Capitol

Governor Newsom

The Wong Center

In the Railyards at the corner of 7^th and F Streets affordable housing for seniors is under construction. The project will have 150 units and a 400 square feet of community space. Construction began in June 2022, and occupancy is expected for early 2024. The project is estimated to cost $52 million, with $6.3 million of funding from the County and $7.3 million from the city.

The Wong Center, 530 7th St, Sacramento, CA 95814

The Wong Center, 530 7th St, Sacramento, CA 95814

The Wong Center, 530 7th St, Sacramento, CA 95814

The "Cypress" at 14th & N Streets

Back in October of last year the CADA site at 14^th & N Streets broke ground. The Cypress will be eight-stories with 98 residential units facing Capitol Park. Total costs are estimated at $49 million and expected to be completed in late 2024. Once completed, this will be a nice addition to the neighborhood.

The "Cypress" foundation being dug

The "Cypress" foundation being dug

The "Cypress" construction site looking west on N Street

The "Cypress" rendering at 14th & N Streets