Sacramento's Core Fills In

After years of trying to get more properties built for sale downtown, new urban infill projects are springing up in Sacramento's core.

1 minute read

September 26, 2007, 6:00 AM PDT

By Nate Berg


"New lofts, three-story row houses and condominiums conceived during the housing boom are nearing completion in neighborhoods ringing downtown."

"At least eight housing developments with about 500 units are either under construction or just completed in the central city. Across the Tower Bridge on the West Sacramento waterfront, another roughly 250 units either have hit the market or soon will."

"Unlike previous central city projects, nearly all of the new units coming on line are for sale, not for rent. Most were built without public subsidy."

"For years, city leaders pushed unsuccessfully for more homeownership downtown. But the finances didn't make sense for developers until the housing market boom pushed prices high enough to cover the extra expense of building on small, inner-city lots."

Tuesday, September 25, 2007 in The Sacramento Bee

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