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City Council to Vote on New Development in Downtown

 
City Council to Vote on New Development in Downtown
Posted Tuesday, September 10th 2013 @ 2pm  by KFBK News

SACRAMENTO -- Downtown may finally see some long awaited development at the corner of N and 16th Streets in Sacramento.

At its meeting tonight, the Sacramento City Council will vote on whether to issue up to $30 million in bonds to build "The Warren" -- a mixed retail and housing project.

Plans call for more than 100 rental apartments, ground-floor shops and two levels of parking. The bonds would be repaid by the developers from Sacramento, San Francisco and Atlanta. Twenty percent of the units would be reserved for low-income tenants.

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