Sacramento Proposal/Approval/Construction Thread - III - Page 23

Phillip · #**441** Posted **Mar 19, 2007, 6:33 PM**

Quote:

Originally Posted by bennywah

where circuit city is now on arden used to be the 3rd busiest good guys store in california (i used to work there)

The things I learn on this board! I was trying to remember what used to be in CC's new location and I couldn't; so thanks, bennywah.

I guess I liked the old location better because I could drive to it from Downtown witout having to go as far as Howe. That intersection of Arden & Howe with its traffic backups drives me crazy and now CC is in all that mess.

Brotha_Lynch · #**442** Posted **Mar 19, 2007, 7:35 PM**

Quote:

Originally Posted by Sacto

Good stuff, brotha_lynch. Now you need to do the same thing during day light with heavy construction activity...

Hell yea, I'm willing to get arrested for the sake of the forum. I'll take one for the team. lol

downtownserg89 · #**443** Posted **Mar 19, 2007, 8:49 PM**

Quote:

Originally Posted by Brotha_Lynch

Hell yea, I'm willing to get arrested for the sake of the forum. I'll take one for the team. lol

you beat me! i swear, yesterday i was at the site at around 3ish, and i was gonna ask if i could go up there for a "project for school" or something like that. well hope you get the shots.

bennywah · #**444** Posted **Mar 19, 2007, 8:54 PM**

^
I thought inov8 was going up there sometime soon, I know I read that somewhere, I could be wrong?

innov8 · #**445** Posted **Mar 19, 2007, 9:00 PM**

Quote:

Originally Posted by bennywah

^
I thought inov8 was going up there sometime soon, I know I read that somewhere, I could be wrong?

Yeah, I have been waiting patiently for clearance to post them from
the 621CM office... I should have them up tonight or tomorrow

downtownserg89 · #**446** Posted **Mar 19, 2007, 9:01 PM**

yeah i read that too, like the other week. someone's lagging!

friedpez · #**447** Posted **Mar 20, 2007, 12:53 AM**

Anyone have any info on Aura? Is the loan going before council tomorrow evening? Do the prospects look good?
I wish I could be here but I'll be on a plane to Seattle at that time ('leaving right after finishing up my last undergraduate college finals, ever!!)

creamcityleo79 · #**448** Posted **Mar 20, 2007, 12:59 AM**

Just wanted to pop in and say hi to everyone. We just got back from a wonderful week in Sac! We both had 1 job interview each and we both ended up (after those interviews) with REALLY great jobs...we're talking at least a 25-50% increase in pay for both of us combined. We also looked at 1 apt (in the Rosemont area) and ended up getting it. But, it's right across the street from a light rail station. So, one, or both, of us will be taking public transportation to work! Needless to say, it was a GREAT week! 2 weeks from tomorrow we drive back! We can't wait!

Schmoe · #**449** Posted **Mar 20, 2007, 1:02 AM**

^^

I think it was delayed. Par for the course.

TowerDistrict · #**450** Posted **Mar 20, 2007, 1:16 AM**

Quote:

Originally Posted by friedpez

Anyone have any info on Aura? Is the loan going before council tomorrow evening? Do the prospects look good?
I wish I could be here but I'll be on a plane to Seattle at that time ('leaving right after finishing up my last undergraduate college finals, ever!!)

It's on tomorrow's agenda...

Redevelopment Agency) Agreement: Aura Project (Continued from 3-13-07) [To Be Delivered]
Location: 601 Capitol Mall, Central Business District (District 1)
Recommendation: Adopt a Redevelopment Agency Resolution 1) authorizing the approval of an Owner Participation Agreement (OPA) and related legal documents with Aura at 601 Capitol Mall, LLC (Developer) including an Intercreditor and Subordination Agreement to provide a $10,000,000 loan for the construction of the project; 2) authorizing a borrowing for the project of $10 million from Bank of America secured by Merged Downtown tax increment funds ; and 3) certifying the EIR as adequate for purposes of Agency CEQA reviewing and adopting the CEQA documentation and determinations, including mitigation measures and findings of overriding considerations made by the City for the project. Contact: Leslie Fritzsche, Downtown Development Manager, (916) 808-5450, Economic Development Department.

urban_encounter · #**451** Posted **Mar 20, 2007, 1:18 AM**

Quote:

Originally Posted by friedpez

Anyone have any info on Aura? Is the loan going before council tomorrow evening? Do the prospects look good?

This is basically a rubber stamp (unless) Nassi hasn't nailed down his construction loans, and then it might tank...

If Nassi can't secure his construction loans by 3/31 then there will be no transfer of property from David Taylor anyway, regadless of what happens tomorrow.

A lot of things still have to happen and I'll probably remain skeptical about this project until they sign the I beam for the topping out ceremony.

downtownserg89 · #**452** Posted **Mar 20, 2007, 3:04 AM**

Quote:

Originally Posted by neuhickman79

Just wanted to pop in and say hi to everyone. We just got back from a wonderful week in Sac! We both had 1 job interview each and we both ended up (after those interviews) with REALLY great jobs...we're talking at least a 25-50% increase in pay for both of us combined. We also looked at 1 apt (in the Rosemont area) and ended up getting it. But, it's right across the street from a light rail station. So, one, or both, of us will be taking public transportation to work! Needless to say, it was a GREAT week! 2 weeks from tomorrow we drive back! We can't wait!

missed ya!

buckfmsac · #**453** Posted **Mar 20, 2007, 3:13 AM**

Quote:

Originally Posted by urban_encounter

This is basically a rubber stamp (unless) Nassi hasn't nailed down his construction loans, and then it might tank...

If Nassi can't secure his construction loans by 3/31 then there will be no transfer of property from David Taylor anyway, regadless of what happens tomorrow.

A lot of things still have to happen and I'll probably remain skeptical about this project until they sign the I beam for the topping out ceremony.

ahh yes, more drama please

friedpez · #**454** Posted **Mar 20, 2007, 3:43 AM**

^ Yeah, I hear ya on that!

Grimnebulin · #**455** Posted **Mar 20, 2007, 3:57 AM**

Quote:

Originally Posted by neuhickman79

Just wanted to pop in and say hi to everyone. We just got back from a wonderful week in Sac! We both had 1 job interview each and we both ended up (after those interviews) with REALLY great jobs...we're talking at least a 25-50% increase in pay for both of us combined. We also looked at 1 apt (in the Rosemont area) and ended up getting it. But, it's right across the street from a light rail station. So, one, or both, of us will be taking public transportation to work! Needless to say, it was a GREAT week! 2 weeks from tomorrow we drive back! We can't wait!

Congrats on the jobs and welcome back!

Grimnebulin · #**456** Posted **Mar 20, 2007, 3:58 AM**

Quote:

Originally Posted by buckfmsac

ahh yes, more drama please

It wouldn't be Sacramento is there weren't any drama, now would it?

Web · #**457** Posted **Mar 20, 2007, 4:06 AM**

What Mo Mohanna is not involved in this one. Wow.

7th to 8th on K st is pretty empty now......hope something happens soon or I suspect a fire......

downtownserg89 · #**458** Posted **Mar 20, 2007, 5:26 AM**

Quote:

Originally Posted by Web

or I suspect a fire......

hahahahaha!

econgrad · #**459** Posted **Mar 20, 2007, 10:06 AM**

I am really late in the Arden area being Urban or Suburban, but I was recovering from Saturday night. A volunteer fire fighter gave me and my friends free drink coupons at Brew It Up..thats what I remember happened anyway. OK :

Arden area is not Urban, it is suburb. Further more, GASP! East Sac, fab 40's, are also Suburbs... I know..I know..this may upset some of you. But guess what, Oak Park, Tahoe Park, Fab 40's, East Sac, etc are all Suburbs. They are all about as dense as Carmichael and Fair Oaks. Detached houses with yards, with a few apts mixed in. Midtown is considered more urban, because the amount of Apts and multi-use attached living far outnumbers the detached homes. I remember Urban Development at CSUS, wish I could find my book and the exact economic definition on what makes an area Urban, but its pretty obvious most of the time: More buildings over 2 stories, more attached dwellings, more high density than not. Just my 2 cents....

PS: YAY! FOR AURA!
PPS: Does anyone else think the new hotel/Condo high-rise on K Street is kind of...ugly? Or Plain? Maybe it will look a little different when fully done..
PPPS: Thanks for the Capital Grand Tower info, that would be so sick if built.

creamcityleo79 · #**460** Posted **Mar 20, 2007, 6:03 PM**

I see what you're saying about Arden-Arcade, Tahoe Park, Land Park, etc being suburban. But, when you think of classic suburbs in America, a community that is fairly dense does not come to mind. Let me give you an example...Arden-Arcade has a density of 5,084.9/mi². A similar suburb in Milwaukee called West Allis (it's actually considered an inner ring suburb) is 5,397.6/mi². West Allis is an extremely dense suburb that has very much the same look and feel as much of Milwaukee. There's not much of a difference there. But, if we look at suburbs further out, such as Carmichael, we start to see the BIG differences. The pop density of Carmichael is 4,622.2/mi². It's equivalent suburb in the Milwaukee area is Wauwatosa, WI. That suburb is (again considered an inner-ring suburb) 3,570.5/mi². I guess it depends on what you define urban as. Many "urban" places around the country are set up in an urban way; but, have the density of a suburb. On the other hand, many "suburban" places have the density of an urban city and even moreso, in some cases.