Downtown Housing: Just 84 homes a month, that’s all we ask…
Mayor Kevin Johnson wants 10,000 housing units downtown over the next 10 years. So we’ll need to average 84 homes a month to make that happen!
The DSP (Downtown Sacramento Partnership) also identified housing as a critical component of any effort to improve the urban core in their 2013 “3 Point Plan for Moving Sacramento Forward”, part of a broad assessment that identified the key initiatives necessary to support growth downtown.
A lot of housing proposals have come and gone and new ones are in the works; but what’s (still) missing in current development proposals are concrete plans to develop “moderately priced”, owner occupied housing in mid-range price points of $250,000 to $450,000 that will attract young families and young professionals, and empty-nesters that want to come back to Downtown.
Now the mayor has publicly recognized the need for housing in Downtown’s rebirth as reported by Tony Bizjak in the Sacramento Bee recently:
Repopulating downtown: The mayor set out this ambitious goal Thursday night: 10,000 new housing units in the next 10 years. Those people, he said, will be getting around via streetcars and light rail, not so much in cars. That way, the downtown will finally become a people place again. The downtown is getting its arena, and new businesses are emerging. “Housing is the missing component,” he said.
Downtown arena: A big topic in his last two speeches, the Kings and the downtown arena got only a few mentions this time around. The mayor said ESPN plans to air a documentary later this year on how the city kept the Kings and got a new arena built.
What do you think?
Category Local Events, Sacramento
Cathy Harrington is Lyon Real Estate’s director of marketing, overseeing the content on the Lyon Local blog, website and social media channels.