SACRAMENTO, CA - Officials broke ground on phase 1 of a major new apartment complex and retail space located in downtown Sacramento, according to Weidner Apartment Homes, the project’s Seattle-area-based developer and property manager.
When completed, the Sacramento Commons project will provide 436 new multi-family apartments and retail space located in the block bordered by 5th & 7th Streets and N and P Streets not far from the Golden One Center. When added to the 325 units at the existing Capitol Towers community, the development will total 761 apartments over the roughly 10-acre site
“We are excited to formally begin this project,” said Greg Cerbana, who is Weidner’s vice president for public and government relations. “We are looking forward to adding significant housing opportunities to the city’s downtown core.”
He commended Mayor Darrell Steinberg and Councilman Steve Hansen for their help in making this project a reality.
“For a project of this magnitude, it is essential to have the support of the city,” said Cerbana, who noted Sacramento Commons is the company’s first project in Northern California. “We are not only building this new addition, but we plan on both owning and managing the property for many years to come. We are committed to the Sacramento community.”
At today’s event, Weidner unveiled more details about the Sacramento Commons project, which will: Consist of two separate building that will be seven-stories tall; Stand 84-feet high; Offer approximately 8,000 feet of commercial space for restaurants, retail stores and services relevant to the residents and neighborhood; Boost the number of available housing units for working professionals; it increases the supply of housing and offers new amenities.
Cerbana estimated that the project will take about 32 months to complete.
“By 2022, we expect to have an exciting new residence for Sacramento’s urban professionals to live and work in the downtown core,” he said. “By boosting population density, Sacramento Commons will contribute to the city’s increasingly vibrant downtown and make it more convenient and environmentally friendly for workers in the capital city.”