Spreading out the urban core and enhancing the skyline with towers is a good idea in several ways; transportation, residential density, business creation and support, and a deepened tax base for stronger support of vital public resources, such as the Parkway.
This project in particular will see the Parkway as its major and closest recreational asset.
Bob Shallit: On the Horizon
High-rise condos planned near Cordova RT station
By Bob Shallit - Bee Columnist
Published 12:00 am PDT Monday, May 21, 2007
A local development company last year completed a renovation of the historic Sheepherder Inn on the edge of Rancho Cordova.
Now D&S Development is looking to dwarf that project -- and everything in its vicinity -- with two, 36-story condo towers right next to the "The Sheep," on Folsom Boulevard, east of Sunrise.
Plans recently were submitted for the 485-unit project that would feature 10-foot ceilings, two workout facilities and a swimming pool placed on a bridge connecting the two towers, with glass portholes on the pool bottom so swimmers can see people walking below them.
"We like to push the envelope and do projects that are unique and good for the community," says Bay Miry, an official with D&S, which has taken on numerous local residential and retail projects but nothing close to this scope.
Miry says he expects the approval process to take about two years. After that, construction will begin if the current housing slump has turned around.
It will, sooner or later, he says. "We'll be ready for the next cycle," he says.
The project -- called Point East Towers -- is being pitched as a transit-oriented development, linked to a light-rail station across the street.
The developers envision people buying units at a not-yet-determined discount to the high-rise condos being proposed downtown, then using light rail to commute to their jobs.
The proposal so far has been "well-received," says the county's principal planner, Tricia Stevens.
