Saturday, June 23, 2007

American Riverfront Development

A new project along the American River in the Richards Blvd area is being discussed.

Huge project stresses transit
A 65-acre residential and retail development is proposed for north of downtown railyard.
By Jim Wasserman - Bee Staff Writer
Published 12:00 am PDT Saturday, June 23, 2007

A plan for one of the largest downtown-area residential developments in decades is about to be considered at Sacramento City Hall -- and it's not the railyard.

A local development team -- Capitol Station 65 LLC -- wants to build nearly 3,000 condominiums, town houses and apartments on 65 acres just north of its better-known neighbor.

They're calling it Township 9, a $1.7 billion transit-oriented development plan that backers say will usher an urban lifestyle into an aging Sacramento industrial zone called the River District. Many compare the proposed development -- bounded by Richards Boulevard, North Fifth and North Seventh streets and the American River -- to those that helped redevelop older downtown-area neighborhoods of Dallas, Denver and Portland, Ore.

The project's ultimate goal: fewer cars and a pedestrian-friendly environment. In fact, the plan largely avoids widening roads. Among its key features is a planned light-rail stop at Richards Boulevard and North Seventh Street.

The riverfront project, with its urban mix of housing, retail and possibly offices, is set for an introduction Thursday to the Sacramento Planning Commission.