Quote:
Planning commissioners take first look at plan for downtown apartment towers
By Hudson Sangree
hsangree@sacbee.com
Published: Thursday, Jul. 24, 2014 - 11:16 pm
Last Modified: Thursday, Jul. 24, 2014 - 11:33 pm
Sacramento planning commissioners got their first look Thursday at a controversial plan to tear down 206 low-rise garden apartments and replace them with high-rise and midrise residential towers on a leafy superblock in the central city.
Read more here: http://www.sacbee.com/2014/07/24/658...#storylink=cpy
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You know, with all of the midtown midrise construction and all of the suburban fringe construction, I find it quite maddening that the highrise residential construction is so late to the game reguarding the housing comback.
There are probably 20 or so midrise construction going on or about to start in midtown and westsac, but it seems like any residential highrise is at minium 2 years+ away before even breaking ground?
Why were so many midrise and suburban projects ready to hit the ground running? Even the billion dollar arena was ready to get the ground running, yet these residential highrises, which are much cheaper, are lagging along?
I feel that with the natomas levees being certified next year, and with lots of midtown/west sac projects completed, there will be 10,000's of new units ALREADY built before any highrise gets close to breaking ground, and by that time it may be too late.