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.
ANTIOCH, CA-Jack Roddy and Wayne Pierce, developers of the popular Roddy Ranch Golf Club and a proposed housing project, have filed for federal Chapter 11 bankruptcy protection.
SAN JOSE- The plan is to leverage $544 million in city and Redevelopment Agency funds to obtain an additional $1.6 billion in federal, state and private funds for the development of 6,000 housing units.
SAN FRANCISCO-Glide Economic Development Corp. plans to use donations and grant funds to replace a strip club in a seedy area of San Francisco with 400 apartments, a 100,000-sf pavilion for conferences, rental space for nonprofit groups and retail shops.
CHICO, CA-The Ceres Plaza apartment complex was built in 1984 and is 98% occupied. The property consists of 36 studios, 40 one-bedroom units and 108 two-bedroom units.
PLEASANTON, CA-After five years of negotiations with the city, Ponderosa Homes reduced the number of single-family homes, included the senior apartment complex and agreed to sell six acres to the Pleasanton Presbyterian Church.
SACRAMENTO-Senate Bill 800 requires homeowners to allow developers to try to fix any construction problems before they can sue. Assembly members say that the new legislation will result in a large increase in affordable housing in California.
PLEASANTON-Vintage 99 Label and Tri-Valley Doors each purchase buildings in Livermore's new National Corporate Center, a 15-building industrial development along I-580 by Pacific Union Commercial Development.
SAN FRANCISCO-After reviewing the Final Presidio Trust Management Plan, which was released in May, the Presidio Trust board of directors unanimously signs off on the document.
ALAMEDA, CA-Developers in Alameda County and Contra Costa County may soon be hit with revised clean water regulations that could cost them up to $300 million per year. The regional water board will vote on the permit changes in October.