This is a prime opportunity to invest in a Broadway Corridor location where the city has already approved a $10M project designed to calm traffic, improve safety, and make Broadway more inviting for travel on foot and by bicycle. Funding for phase 1 already secured. This project comprises a two-mile stretch between 3rd Street and 29th Street in hopes to mirror the recent success of R St.
This development opportunity is also in close proximity to UC Davis Medical Center that has already identified two dozen acres on the Sacramento campus for developing Aggie Square, with Phase 1 of the project occupying just over eight acres at Stockton Blvd and 2nd Ave. This nearby development will create jobs while having a positive economic and social impact in Sacramento and beyond.
Central Sacramento is growing fast, and currently has 16,611 existing apartment units with an occupancy rate of 95.4%.
- Property Type
Land
- Submarket
- Total Acres
0.22
- Property ID
2125141
