“Seventh & H” SRO Rising

The tower crane for this “Seventh & H" SRO project has been a nice reminder that some developments are still moving forward in downtown. For about a month now, this crane has been on site preparing the foundation for the eight story 102 foot tall building. At the corner of Seventh & H Street, crews are also laying tracks for the Green Line, a light-rail route that eventually will bring passengers from downtown Sacramento to Sacramento International Airport. They are welding 40-foot rails into 400-foot sections to make up the 1.1 mile span from downtown Sacramento to Richards Boulevard.

The Gateway on Fremont Park

Tomorrow the Design Commission will look over this project in an advisory roll. CADA (which is exempt from requiring Planning and Design Review entitlements from the City) is requesting a review and comment in the form of Advisory Conditions for Approval.

This proposed building will accommodate 5,847 square feet of commercial space and 30 residential units. The proposed 30 units would include 11 one bedroom units and 19 two bedroom units ranging in size from 925 square feet to 1,535 square feet.

Zero-energy Homes Coming to R Street

With groundbreaking anticipated for May, this infill project located at 2500 R Street will feature 34 single-family homes with a LEED™ Platinum rating. Each home will contain a solar storage system using the latest in smart grid technology, solar generation and energy storage capability. The goal is to ensure each home generates as much clean energy as it uses, maximizing homeowner utility bill savings.

Pacific Housing Inc. (PHI), a California nonprofit dedicated to developing quality affordable housing, is developing the 2500 R Street project. PHI has selected Sunverge Energy which is located in Stockton as the primary renewable energy technology partner for this project. Here is a product data sheet offering more specifics about this energy solution called Sunverge Solar Integration System (SIS).

SRO Project Breaking Ground Soon

This $47 million projects planned for the northwest corner of 7th & H Street has now received all needed entitlements and necessary financing to move forward with construction this March. The project will be funded with $25 million in 9 percent Low Income Housing Tax Credits, $8,200,000 loan funded by Home Investment Partnership Program, a $6,859,695 capitol grant and $3,750,000 operating grant funded by Downtown Low Moderate Tax Increment Funds, and a land grant for the acquisition, construction and permanent financing of the 7th & H Project.

Developer and owner Mercy Housing California is a non-profit corporation dedicated to providing quality affordable housing with supportive programs to low-income persons in California. Together, Mercy Housing California and Rural California Housing Corporation have been responsible for the construction of more than 2,900 affordable single-family self-help homeownership units and 124 multifamily rental properties with a total of more than 7000 units. Their portfolio includes 18 properties in Sacramento County alone.

This 7th & H Street project will include 122 studios (325sf) and 28 one bed room (500sf) units as well as sixteen parking spaces, retail and health clinic on the ground floor. This eight story 102 foot tall building’s designed to replace other single room occupancy (SRO) units in downtown that are going to be replaced with other developments in the future.

Gateway on Fremont Park

A $15 million proposal by Sukna Global Holdings has been chosen by CADA to development the East End Gateway Site 4, which is located across from Fremont Park. Named Gateway on Fremont Park, the proposed 30 for-sale luxury condominiums include 5th floor penthouse units that include panoramic views of Fremont Park. The Gateway Development Project includes street level retail space and 30 covered parking spaces.

The five-story, mixed-use developments would also include a farm on the roof that could grow crops and breed fish to possibly be served in the ground-floor restaurant. Condo price would start at $370,000.The proposals scheduled to submit a preliminary financing plan by June 27, 2011, a design program by September 27, 2011 and evidence of financing by October 27, 2011.

7th & H Street SRO Proposal

Mercy Housing California of West Sacramento proposing affordable housing at the corner of 7th & H Street that will include 122 studios (325sf) and 28 one bed room (500sf) units as well as sixteen parking spaces, retail and health clinic on the ground floor. This eight story 102 foot tall building’s designed to replace other single room occupancy (SRO) units in downtown that are going to be replaced with other developments in the future.

There will be 3,900sf of retail space as well as 3,750sf health clinic, residential lobby, and a structured parking garage. 7th & H will also be designed to have a LEED-Silver standard and registered with the US Green Building Council. This project is the first mid-rise residential tower in the newly redefined Central Core District, and the first project to use the new Urban Design Guidelines. It located across the street from the County Jail and on an existing RT light rail line located along the north side of H Street, and a future RT line proposed on the east side of the 7th Street.

The project will require the Planning Commission approval of entitlements and to combine 5 existing parcels into one lot for the commercial condominium purposed. The Planning Commission is scheduled to hear this project on April 21st and then again on May 6, 2010 for Final action.