K Street Development Project Concepts
In February 2010, the City of Sacramento received four project concepts to develop a transformative mixed-use project aimed to further revitalize the JKL Street Corridor. Four development teams submitted their concepts for the redevelopment of three opportunity sites along the 700 and 800 blocks of K and L Street.
Background Information
Phase 1 Environmental Site Assessment K Street Corridor
700 and 800 Blocks of K and L Streets RFQ
Project Concepts
Concept Proposal 1 Downtown Mixed Use Development 700 and 800 Blocks of K and L Streets (Bridge Housing, Saca Development and Bagatelos Development, LLC)
Concept Proposal 2 700-800 K Street, LLC (David S Taylor Interests, Inc., the CIM Group, Domus Development and Zeiden Properties)
Concept Proposal 3 Promenade on K Street (D&S Development, Inc. and CFY Development Inc.)
Concept Proposal 4 The AuthentiCity (Rubicon Partners Inc., St Anton Partners, and Preferred Capital Advisors)
Development Objectives
In October 2004, the City hosted a design charrette to garner community feedback in an effort to create a vision for the J and L Street areas between 7th and 13th streets. The JKL Corridor visioning process recommended strategic attention be given to key development opportunity sites within the K Street corridor, one of which is the 700 and 800 blocks of K Street. The development objectives for this opportunity site include:
- Further the vision for the JKL Corridor by bringing a significant ground floor retail, housing, and commercial uses to the 700 and 800 blocks of K Street
- Create a transformative high-quality development that both enhances and defines the Downtown skyline, while also aiding in the revitalization of Downtown by creating a project that helps re-establish Downtown as a regional destination
- Provide unique and distinctive restaurant and retail uses that benefit residents and visitors in the Central Business District and contribute to the vitality of the community
- Create a development that is financially and economically viable
Key Milestones
RFP Responses Due - February 26, 2010
Development Team Interviews - March 25, 2010
Agency/City Council Development Team Selection - June 2010
Contacts
If you have questions, please feel free to contact Beth Tincher at (916)808-7730, or via email at btincher@cityofsacramento.org.
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