Friedman plans to build 386 homes just south of Raley Field in West Sacramento, as part of the first phase of the so-called Bridge District.
The first homes in the district along the river between Highway 50 and Tower Bridge are expected to be in a five-story, 70-unit apartment complex.
The city has received $23 million in state funding to pay for streets and utilities, paving the way for the Bridge District —which could eventually include 2,300 housing units and 2 million square feet of offices during the next couple of decades.
Development of the district, originally called The Triangle, will cost about $2 billion and is about three-fourths the size of the Railyards across the river in Sacramento, one of the largest infill projects in the nation.
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Business Journal: New Homes For West Sacramento
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By
Ron Trujillo
Developer Mark Friedman has reached an agreement to begin the first phase of a massive project on the west side of the Sacramento River.
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Thursday, February 18, 2010