The College Square CFD was formed in 2005 in order to finance roadways, traffic signals, water mains, storm drainage facilities and governmental fees. The developer plans to construct a multi-family residential and office/commercial development.
The CFD includes approximately 52 acres. At build-out, there will be approximately 720 multi-family residential units and 270,000 square feet of office/commercial. The developer plans to construct the project in two phases.
Phase one covers approximately 38 acres and will include 484 multi-family residential units and 200,000 square feet of office/commercial space. The second phase is about 14 acres and will include 240 multi-family residential units and 60,000 square feet of office/commercial space. Phase one is projected to take four years and be completed in 2009-20010. The second phase is anticipated to be take six years and be complete in 2011-2012.
As of December 2006, the initial bond sale for the College Square CFD has not occurred. The bond authorization amount is $13 million.
| District Manager: | Contact Info: |
| City Treasurer's Office | 916-808-5168 |
[ City of Sacramento > Planning > Public Improvement Financing > District Information > Bonded Districts > College Square CFD No. 2005-01 ]