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

Capitol Park Hotel Renovation

Capitol Park Hotel at 1125 9th St, Sacramento, CA
receiving a $58 million renovation

In late January the former Capitol Park Hotel at 1125 9th Street in downtown Sacramento began the renovation process turning the hotel into a shelter for homeless. In 2019 the Sacramento CityCouncil approved lending Mercy Housing California $13.37 million to buy the hotel. The  renovated building will have 134 studio apartments and expected to be completed in about 20 months. It's shocking what the cost to renovate the units will cost at $445,000 each. A total cost of $58 million to only house 134 people. If it stays on budget, the project will come to $1,100per square foot. Once the city, SHRA and Mercy Housing California convert the Capitol Park Hotel into a triage center homeless shelter, “the City will allocate $300,000 for overtime police presence in the area immediately surrounding the rehousing shelter,” according to council agenda documents.

Capitol Park Hotel at 1125 9th St, Sacramento, CA
receiving a $58 million renovation

The Capitol Park Hotel was originally built in 1912, the building has had many purposes over the decades including as a furniture store and warehouse, two separate hotels, and a business college. Known as the Capitol Park Hotel since the 1960s, it was constructed as two separate buildings connected on all but one of its floors.

Across the street there is a proposal for a 14-story Canopyby Hilton hotel.

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