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Midtown Prepares for New Shopping Center

SACRAMENTO-Downtown Sacramento is booming and city officials are hopeful that a new $19.5 million retail and luxury apartment project will help midtown Sacramento catch up.

By Michelle Savage | Updated on September 05, 2002

SACRAMENTO-Midtown Sacramento may soon be home to a new $19.5 million shopping center and luxury apartment complex, which city officials hope will fuel redevelopment in the area.

Paul Petrovich, developer of the R Street Market, has acquired the last of seven parcels needed to build the four-acre, 76,000-sf complex, which will be anchored by a Tower Theater and Safeway. The retail center will include several shops and a restaurant. The apartment complex will consist of six luxury apartments. Petrovich plans to begin construction within the next two months, with the projected completion date set for next fall.

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