SLO
Jan 29, 2008, 3:55 PM
This is probably a shaky time to post these developments for Stockton, considering as of now it is still one of the hotbeds of foreclosure nationwide. I didnt see the 60 minutes episode, but saw a clip on yahoo just yesterday, had some good aerial video of downtown. The foreclosure news is glum, but there was no way for Stockton to sustain the prices they were seeing, unfortunately they are in for a major correction.
These two developments are upcoming from the Grupe Company, Stocktons most admired and successful developer. I dont suspect the slowdown will de-rail these plans, they are a long term player.
The first is a huge master planned community called Sanctuary which is somewhat infill within the urban boundaries of the city and up to protected Delta lands to the west.
http://www.sanctuarybygrupe.com/approvals.asp
The second is just some cool downtown loft/condos....
http://www.grupe.com/communities/southpointe/
City of Stockton - downtown projects/news
http://www.stocktongov.com/Redevelopment/pages/downtownprojects.cfm
New Sheraton Hotel/Condos
http://www.sheratonstockton.com/
Webcam - nearing completion
http://cos-netcam-2.ci.stockton.ca.us/home/JViewer.html
These two developments are upcoming from the Grupe Company, Stocktons most admired and successful developer. I dont suspect the slowdown will de-rail these plans, they are a long term player.
The first is a huge master planned community called Sanctuary which is somewhat infill within the urban boundaries of the city and up to protected Delta lands to the west.
http://www.sanctuarybygrupe.com/approvals.asp
The second is just some cool downtown loft/condos....
http://www.grupe.com/communities/southpointe/
City of Stockton - downtown projects/news
http://www.stocktongov.com/Redevelopment/pages/downtownprojects.cfm
New Sheraton Hotel/Condos
http://www.sheratonstockton.com/
Webcam - nearing completion
http://cos-netcam-2.ci.stockton.ca.us/home/JViewer.html