Sacramento Proposal/Approval/Construction Thread - III

[Majin]

Wow that building looks ugly, oh well at least it will add density to the 16th street corridor.

[urbanadvocate]

Eek! that is frightful. Who designed it?

[Mr. Ozo]

1. The Warren was a waaay better name.

2. It's an ok design, completely unremarkable, nice urban form and decent density. Would be fine at a number of spots, say 20th and Capitol.

The issue is that this a waist of a prime corner so close to Capitol Park. The original design scaled higher as it went towards 16th.

Whatever....

3. I'm not sure it's actually possible to be as ugly as that rendering, I'm hoping it will end up looking better.

[Surefiresacto]

15-20 story hotel and/or residential along the river would be awesome. Umm, yes please.

Best Western sells to investors who see high-rise hotel in the future
Mark Anderson
Staff Writer - Sacramento Business Journal
Sep 8, 2014
http://www.bizjournals.com/sacramento/ne...ells-to-investors-who-see-high-rise.html

Local investors bought a small hotel next to the Sacramento River with the idea that it could become a high-rise property in the next decade.
The hotel is a modest economy property now, but it is in the midst of where development is expected to be in the next few years.
The partnership paid $6.1 million for the Best Western Sandman hotel, a 110-room hotel at 236 Jibboom St.

[enigma99a]

Originally Posted by Surefiresacto

15-20 story hotel and/or residential along the river would be awesome. Umm, yes please.

Best Western sells to investors who see high-rise hotel in the future
Mark Anderson
Staff Writer - Sacramento Business Journal
Sep 8, 2014
http://www.bizjournals.com/sacramento/ne...ells-to-investors-who-see-high-rise.html

Local investors bought a small hotel next to the Sacramento River with the idea that it could become a high-rise property in the next decade.
The hotel is a modest economy property now, but it is in the midst of where development is expected to be in the next few years.
The partnership paid $6.1 million for the Best Western Sandman hotel, a 110-room hotel at 236 Jibboom St.

Not going to happen.

[UnclearColt]

Originally Posted by enigma99a

Not going to happen.

Sadly, you're probably right.

[enigma99a]

Originally Posted by UnclearColt

Sadly, you're probably right.

Read the article and basically it is like... well in 5-10 years we will reevaluate after we try to get some funds. Then depending on what we are able to secure, we will see what the market is like and determine what the square footage will be. Basically it's a pipe dream at this point.

It is hard enough for legit proposals with strong ownership, funding and approvals in place to get off the ground.

[UnclearColt]

I do think that since the property is right next door to the Powerhouse site, the motel will be redeveloped within the next several years. I doubt it will be anything near 15-20 stories. Hell, I'd be surprised to see it approach even any of the midtown mid-rises underway.

[sacamenna kid]

If the Powerhouse ever gets built. Does anybody know when they really plan to break ground on that thing? Been stalling it seems forever.

[sacamenna kid]

Whatever happened to the Thiebault building they were going to put up on 19th and Capitol?

[UnclearColt]

Originally Posted by sacamenna kid

If the Powerhouse ever gets built. Does anybody know when they really plan to break ground on that thing? Been stalling it seems forever.

Last year, the plan was to start in early 2014:
http://www.bizjournals.com/sacramento/news/2013/09/03/powerhouse-science-center-construction.html

This is the last I've heard about it though:
http://www.bizjournals.com/sacramento/ne...ter-gets-financial-support.html?page=all

[ozone]

Originally Posted by sacamenna kid

Whatever happened to the Thiebault building they were going to put up on 19th and Capitol?

Do you mean the so-called Tribute building at the SW corner of 20th and Capitol Ave., the one with the huge Wayne Thiebaud on the side?

[wburg]

The Tribute Building site is still a parking lot. Considering that it (hopefully) is going to get a lot harder to create new parking lots in the central city, due to the elimination of a provision in city code for creating "temporary" lots, that lot may remain parking for a while longer, especially if parking structures like the one on 20th/21st get turned into new buildings.

[enigma99a]

JMA principal lays out plan for development outside arena

http://www.bizjournals.com/sacramento/ne...cipal-lays-out-plan-for-development.html

project will include a 16-story hotel, redevelopment of the western half of Downtown Plaza, and about a million square feet of commercial space.




Only 16 story hotel?

[fouroheight68]

Originally Posted by enigma99a

JMA principal lays out plan for development outside arena

http://www.bizjournals.com/sacramento/ne...cipal-lays-out-plan-for-development.html

project will include a 16-story hotel, redevelopment of the western half of Downtown Plaza, and about a million square feet of commercial space.




Only 16 story hotel?

I was recently recruited by a large general contractor to work on a 16 story hotel at the arena site. According to the contractor, they are shovel ready and are hiring immediately.

[fouroheight68]

Originally Posted by wburg

The Tribute Building site is still a parking lot. Considering that it (hopefully) is going to get a lot harder to create new parking lots in the central city, due to the elimination of a provision in city code for creating "temporary" lots, that lot may remain parking for a while longer, especially if parking structures like the one on 20th/21st get turned into new buildings.

I recently met with the developer directly (Mike Heller), and according to him it is shovel ready, with tenants lines up, and financing is just being wrapped up.

[Majin]

16 stories, that is really garbage. Hopefully the other developments will some real height, specially the residential.

[wburg]

Originally Posted by Majin

16 stories, that is really garbage. Hopefully the other developments will some real height, specially the residential.

Only 80 units of residential--how tall could it be? Assuming that those 80 units aren't included in the 16 story hotel building.

[Mr. Ozo]

The plans for the buildings that some on this forum called for tearing down.


http://www.bizjournals.com/sacramento/ne...vision-for-redeveloping-crystal-ice.html

“I’m very determined to preserve each and every aspect of these old buildings that I can”

"MARRS on Steriods"

[enigma99a]

Originally Posted by wburg

Only 80 units of residential--how tall could it be? Assuming that those 80 units aren't included in the 16 story hotel building.

It couldn't be mixed use? Condos on top?