Sacramento Proposal/Approval/Construction Thread - III - Page 30

TowerDistrict · #**581** Posted **Mar 27, 2007, 8:28 PM**

there is still much land aquisition to be done in order to start development. there are two concepts from last year that have been refined, and should be presented again. this project is only a couple months behind schedule, though it may seem like it's taken forever. and delays don't have much to do with the city, rather than other multitude of private companies and the federal and state organizations that all currently have control over what happens to the site. not to mention the clean up required of the site, the railroad tracks running through it, and the leveee it's sits behind.

quite frankly, i'm surprised it's progressing at all. I'll see what the developer thinks of their timeline now - but about 8 months ago, they planned on breaking ground by the end of this year.

I'm kinda intrigued by the race between the railyards, township 9 and the docks - which all seem to be hitting at the same exact time.

urban_encounter · #**582** Posted **Mar 27, 2007, 8:31 PM**

Quote:

Originally Posted by BrianSac

Sacramento, the "Can't Do City", "City of Puny Shoulders", "The Big Lazy"(borrowed from ozone), "The City that Always Sleeps".

"The city that always sleeps"...

northbay · #**583** Posted **Mar 27, 2007, 8:41 PM**

Quote:

Originally Posted by ozone

Did you really expect anything different from a trout nut at 6:23 in the morning?

funny as hell!

creamcityleo79 · #**584** Posted **Mar 27, 2007, 9:22 PM**

Just curious to know if anyone knows who is doing the construction that is going up in Rancho Cordova on International and Zinfandel. There seems to be some semi-urban townhomes/rowhomes or maybe just an apt complex going up there. At least they are putting housing in the middle of that stale business park area at all. From a distance it has been very very exciting to see the progress they have made in Rancho Cordova with revitalizing that new city. I expect big things from them in the future...well, big for a suburb!

sugit · #**585** Posted **Mar 27, 2007, 9:25 PM**

I nearly fell out of my chair laughing when I read this forwarded email to me.....shocking huh?

"Thank you all for your continued assistance and support on the K Street Streetscape Improvements project. As most of you know, when this item was pulled from the March 13th City Council agenda we had anticipated bringing the project back to City Council for consideration sometime in the first three weeks of April - we had set a new date of April 17th. However, since then we have started to explore alternatives to relocation of the Regional Transit (RT) platforms. We would like to hold another public meeting and present in a couple of public forum to solicit feedback and comments once these alternatives have been found feasible. As a result, we envision the project going forward for approval at a later date. We will work on scheduling public meeting(s) and on rescheduling the item for City Council, relevant to any new alternatives. Please stay tuned for confirmation of all upcoming dates, times and locations."

arod74 · #**586** Posted **Mar 27, 2007, 9:38 PM**

Quote:

Sacramento, the "Can't Do City", "City of Puny Shoulders", "The Big Lazy"(borrowed from ozone), "The City that Always Sleeps".

Those are great Briansac

. You just about made me — my pants. How about Sacramento, "Land of Missed Opportunity. Give us your poor, your tired, your huddled masses ....... and we will all house them around K street." This is alotta fun....

innov8 · #**587** Posted **Mar 27, 2007, 9:40 PM**

Geeze... the K Street Streetscape Improvement Project is a project where
nobody else is responsible for pulling the trigger to make it happen except the
City Council it's self... and they still don't have the balls to 'just do it' already.

SOS must have made an impression

creamcityleo79 · #**588** Posted **Mar 27, 2007, 10:10 PM**

Found my answer...in case anyone is interested...

http://www.beazer.com/findHome/communityChoice.asp?LocationID=19&MetroID=3&MapNum=5

goldcntry · #**589** Posted **Mar 27, 2007, 10:12 PM**

Quote:

Originally Posted by neuhickman79

Just curious to know if anyone knows who is doing the construction that is going up in Rancho Cordova on International and Zinfandel. There seems to be some semi-urban townhomes/rowhomes or maybe just an apt complex going up there. At least they are putting housing in the middle of that stale business park area at all. From a distance it has been very very exciting to see the progress they have made in Rancho Cordova with revitalizing that new city. I expect big things from them in the future...well, big for a suburb!

Hey Neukickman... I believe they are being built by Beazer Homes. Speaking as a Beazer owner, I recommend them...

...for your enemies.

Oh.. you beat me to it!

ltsmotorsport · #**590** Posted **Mar 27, 2007, 11:23 PM**

Quote:

Originally Posted by TowerDistrict

in regards to the brownstones article - this is one of the best idiot Bee comments in a long time....

It's always an adventure reading the comments on sacbee.com, but that was downright comical.

TWAK · #**591** Posted **Mar 27, 2007, 11:29 PM**

blimp at sac executive

bennywah · #**592** Posted **Mar 27, 2007, 11:37 PM**

^
isn't the last chance city loan meeting for aura today/night?

sugit · #**593** Posted **Mar 27, 2007, 11:44 PM**

It was moved to next week. His option to buy Lot A runs out on the 31st though. Your guess it as good as mine on the outcome of this...

urban_encounter · #**594** Posted **Mar 28, 2007, 12:39 AM**

Quote:

Originally Posted by sugit

It was moved to next week. His option to buy Lot A runs out on the 31st though. Your guess it as good as mine on the outcome of this...

I'm glad his option runs out on the 31st.

End the drama eitherway...

Though I'm guessing that when all is said and done, we'll find out that Nassi didn't have his financing locked up as he said he did.

It doesn't take much to figure out how I'm guessing this ends...

urban_encounter · #**595** Posted **Mar 28, 2007, 12:46 AM**

Quote:

Originally Posted by sugit

I nearly fell out of my chair laughing when I read this forwarded email to me.....shocking huh?

"Thank you all for your continued assistance and support on the K Street Streetscape Improvements project. As most of you know, when this item was pulled from the March 13th City Council agenda we had anticipated bringing the project back to City Council for consideration sometime in the first three weeks of April - we had set a new date of April 17th. However, since then we have started to explore alternatives to relocation of the Regional Transit (RT) platforms. We would like to hold another public meeting and present in a couple of public forum to solicit feedback and comments once these alternatives have been found feasible. As a result, we envision the project going forward for approval at a later date. We will work on scheduling public meeting(s) and on rescheduling the item for City Council, relevant to any new alternatives. Please stay tuned for confirmation of all upcoming dates, times and locations."

This is absolutely hilarious..........

It's offical; Sacramento is now offically Talkramento.

The city's new motto should read..

Welcome to Talkramento

Pull up a chair and let's talk for the next 20 years about your ideas, because city leaders have none of their own.

BrianSac · #**596** Posted **Mar 28, 2007, 12:56 AM**

Quote:

Originally Posted by urban_encounter

This is absolutely hilarious..........

It's offical; Sacramento is now offically Talkramento.

The city's new motto should read..

Welcome to Talkramento

Pull up a chair and let's talk for the next 20 years about your ideas, because city leaders have none of their own.

Urban Encounter,

now thats orginal, TALKramento, i like that.

Seriously, I really want Sactown to move up a notch to become a "2nd Tier National city, to use your words.

If Aura or Sac Towers dont get built I'm moving. It would just be too painful to know what could have been. Not to mention the lack of a first-class arena.

Where are the "Save the TowerS" people when you need them......Save the TowerS....Saca's Towers.

urban_encounter · #**597** Posted **Mar 28, 2007, 2:03 AM**

Quote:

Originally Posted by BrianSac

Seriously, I really want Sactown to move up a notch to become a "2nd Tier National city, to use your words.

If Aura or Sac Towers dont get built I'm moving. It would just be too painful to know what could have been. Not to mention the lack of a first-class arena.

Well said Brian...(Although moving might be a bit drastic unless you're moving somewhere that will have the option of highrise residential living and then I completely understand)..

I think one of the reasons why I still follow Talkramento (uhhh) Sacramento development so closely, is because i want to see it reach it's untapped potential. There so much character to build on and so many people there either don't care or don't realize it. I've never lived anywhere, where the people were as apathetic about the collective good of the region. Nor have i lived anywhere that talked and studied things to death the way Sacramento does.

It's no secret, that I'm no longer holding my breath for Aura nor the Towers.. And while failure by those two projects wont make or break Sacramento, I do think that it will set the prospect of highrise residential housing, back in Sacramento another 10 years (at least).

I just seriously doubt that anyone else locally or nationally will step up and attempt to build something that failed so miserably, despite strong sales for Aura and decent sales for the Towers..

(Especially Aura).. Good gravy, if a tower 65-70% pre sold prior to the first shovel of dirt being turned, can't get financed or constructed in Sacramento, then residential highrises just aren't in Sacramento's future.

What would be the threshold for future lending requirements by banks?? 90%of the units presold???

How much would a developer have to charge to make a project pencil out?
Nassi said $400 a square foot in Sacramento, but I believe many of the units are selling for $600 a sf..

There's only so much that people are willing to pay to live in a highrise in Sacramento.

The fat lady hasn't sung yet on either project. Although the sound of silence, might mean that she's preparing to take the stage...

BTW a new arena in Sacramento (will never happen)...

The Kings will relocate in a few years.

Only then will people who opposed a new arena beign to understand, what an arena and team were worth to Sacramento.

sugit · #**598** Posted **Mar 28, 2007, 2:27 AM**

Quote:

Originally Posted by urban_encounter

I just seriously doubt that anyone else locally or nationally will step up and attempt to build something that failed so miserably, despite strong sales for Aura and decent sales for the Towers.

Actually, the head of Lambert Development out of SD said the East End Gateway project they have planned at 16th and L has become their top priority. It not as high end (or big) as the other two, but it still shows people are very interested in this city.

As I said easier, he stated that even though The Towers and Aura are having problems, the sales prices have caught the eye of lenders.

Even Catherdral Sqaure is still moving forward. They just went to Design Review for comment and review and the EIR is nearly done.

The Towers and Aura are as high end as high end can go, esp for this city. Nassi said he needs $400 a square to make a profit before construction prices when nuts. For a project like Aura (and Towers for that matter), with the intricate architecture, features and amenites, I'm sure that number is much higher now. I still think somehow at least one of these gets built. After that, I don’t think we see an ultra high-end condo project like these for a while. The more moderate projects, maybe in the 10-20 story range will be the norm. You guys know my take on that, as long as they are dense, mixed use and fill the streets with people, that's perfectly fine with me..and we keep seeing infill in midtown.

I remember people where complaining about 800J Lofts (still the only major housing project built in DT) being a waste and that Saca or Nassi would put up a 30 story building in a heartbeat, we now know that isn’t as simple as it sounds. At around 180 an acre, 800J is no sloutch on the density side.

In the meantime, at least we are seeing midtown really come into its own, even moving into parts of DT. The rest of DT is stilling crawling along though. Unfortunetly, we missed the highrise condo boom.

sugit · #**599** Posted **Mar 28, 2007, 2:40 AM**

Quote:

Originally Posted by BrianSac

Seriously, I really want Sactown to move up a notch to become a "2nd Tier National city, to use your words.

I've always thought the same. I just don't see "Tier 1" in the cards, but there is no reason this city can't be a upper 2nd tier city

greenmidtown · #**600** Posted **Mar 28, 2007, 2:54 AM**

Quote:

Originally Posted by BrianSac

Urban Encounter,

now thats orginal, TALKramento, i like that.

Seriously, I really want Sactown to move up a notch to become a "2nd Tier National city, to use your words.

If Aura or Sac Towers dont get built I'm moving. It would just be too painful to know what could have been. Not to mention the lack of a first-class arena.

Where are the "Save the TowerS" people when you need them......Save the TowerS....Saca's Towers.

their are many great things about this city that aren't dependent on luxury high-rises being built. many great European cities have few if any skyscrapers. Frankfurt is the 'Manhattan' of Germany with many skyscrapers but hardly anyone will claim they prefer it to Berlin. If we don't get these built Sac will still be a great city. The in-fill projects aren't slowing down and the vibe of this city will only get better as more urbanites fill those residences.