Sacramento Riverfront Project Approved

The City of Sacramento has approved a specific plan for the 29-acre Docks site along the Sacramento River, across Interstate 5 from downtown.

The City Council unanimously chose Option B, which allows about 1,000 residential units, 200,000 square feet of office space, mostly in a few towers. The plan further includes about 40,000 square feet of retail development, a large park and the extension of a riverfront promenade from Old Town (see CP&DR Places, August 1, 2009). The city also extended for 4 1/2 months an exclusive negotiating agreement with a team of developers led by Darius Anderson's Kenwood Investments.