Home Front

A blog about the economy and the Sacramento-area real estate market.

March 2, 2010
Four proposals for K Street

Four development teams, including some of the area's most prominent developers, have submitted proposals to city officials for remaking the troubled 700 and 800 blocks of K Street in downtown Sacramento.

The proposals themselves will remain secret until March 15, but it's obvious that some radical overhauls could be on the table. One of the developers, Rubicon Partners, has made it clear in the past that it wants to open the K Street pedestrian mall to car traffic.

"The message we have is there's still a lot of interest in the development of K Street," city downtown development manager Leslie Fritzsche told The Bee's Bob Shallit today. "The fact that we have (attracted) such quality teams is significant."

The city has spent $40 million buying properties on K Street. After a hotel development project fell apart in December, the city put out new requests for proposals.

One team includes prominent developer David S. Taylor Interests Inc., which is partnering with Los Angeles real estate powerhouse CIM Group. CIM owns several properties in Sacramento already. Retailer Joe Zieden, who was originally going to redevelop the 700 block but got bogged down when his furniture store chain went into Chapter 11, is part of the Taylor team. So is Domus Development of the Bay Area.

The Rubicon team, which developed The Citizen Hotel, is partnering with St. Anton Partners and Joie de Vivre Hospitality, which operates The Citizen.

D&S Development, which was responsible for the housing and retail complex at 14th and R streets, is partnering with CFY Development, which created the Globe Mills senior housing project and a Stockton hotel.

Bridge Housing, an affordable-housing firm from San Francisco, is teaming with Bagatelos Development and Saca Development. Saca's most recent venture was the failed attempt to build twin condo towers on Capitol Mall.

About Comments

Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. If you see an objectionable comment, click the "report abuse" button below it. We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. Flagrant or repeat violators will be banned. See more about comments here.

What You Should Know About Comments on Sacbee.com

Sacbee.com is happy to provide a forum for reader interaction, discussion, feedback and reaction to our stories. However, we reserve the right to delete inappropriate comments or ban users who can't play nice. (See our full terms of service here.)

Here are some rules of the road:

• Keep your comments civil. Don't insult one another or the subjects of our articles. If you think a comment violates our guidelines click the "report abuse" button to notify the moderators. Responding to the comment will only encourage bad behavior.

• Don't use profanities, vulgarities or hate speech. This is a general interest news site. Sometimes, there are children present. Don't say anything in a way you wouldn't want your own child to hear.

• Do not attack other users; focus your comments on issues, not individuals.

• Stay on topic. Only post comments relevant to the article at hand. If you want to discuss an issue with a specific user, click on his profile name and send him a direct message.

• Do not copy and paste outside material into the comment box.

• Don't repeat the same comment over and over. We heard you the first time.

• Do not use the commenting system for advertising. That's spam and it isn't allowed.

• Don't use all capital letters. That's akin to yelling and not appreciated by the audience.

You should also know that The Sacramento Bee does not screen comments before they are posted. You are more likely to see inappropriate comments before our staff does, so we ask that you click the "report abuse" button to submit those comments for moderator review. You also may notify us via email at feedback@sacbee.com. Note the headline on which the comment is made and tell us the profile name of the user who made the comment. Remember, comment moderation is subjective. You may find some material objectionable that we won't and vice versa.

If you submit a comment, the user name of your account will appear along with it. Users cannot remove their own comments once they have submitted them, but you may ask our staff to retract one of your comments by sending an email to feedback@sacbee.com. Again, make sure you note the headline on which the comment is made and tell us your profile name.

hide comments

On October 14, The Sacramento Bee will temporarily remove commenting from sacbee.com. While we design the upgrade, we encourage you to tell us what you like and don't like about commenting on sacbee.com and other websites. We've heard from hundreds of you already and we're listening. Please continue to add your thoughts and questions here. We also encourage you to write Letters to the Editor on this and other topics.



Jim Wasserman on Twitter

Follow "jimwasserman" on Twitter

October 2013

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31