Huge Redevelopment Project Coming to Sacramento
12,000 new homes could be coming to Sacramento over the next two decades -- part of a $5.3 billion redevelopment focused on the city's historic railyards.
Mixed use developments and more than 800,000 square feet of commercial space are on their way to the city, which is expecting to see a big jump in popualation in the coming years.
"The ambitious housing plans reflect the anticipated growth of Sacramento, a city of 481,097 people that is expecting 100,000 new residents in the next 20 years. Thomas Enterprises says it intends to build many of the first 400 residential units in mixed-use projects, with retailing at street level and housing on upper stories. In later phases, the plan calls for more units, this time in a mix of low-rise and high-rise apartment buildings."
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