heh.. what an exciting an depressing thread rolled into one!
And goddamn... I never knew the City fielded proposals like that for Lot A! Thanks for posting innov8!!!
here's my first contribution with info pulled from sugit's post @ skyscrapercity, on April 15th, 2005 (scan from the Biz Journal, by me):
Quote:
4.5 Million Sqaure Feet in Total
- 28 Story - 550 Room Hotel
- 40 Story - Office Tower
- 26 Story - Residentul
- Exhibition Center - 1.2 Million SF (will "dwarf" the DT convention center)
- Retail, dinning, shopping - 220K SF
- Trade and Finace College - 120K SF
- Internation Shipping Center - 100K
- 2000- Seat Cultural Center and amphitheaer
- Setzer Meseum, 20K SF
- 9000 New Jobs, 1/3 will be from "any country that wants to partcipate"
Architects are Hornberger+ Worstell (couldn't find anything on the website)
The possbile locations are:
- Triangle in West Sacramento
- Land near Arco Arena (I-5 and I-80)
- Natomas
- Railyards
- 3rd and Broadway
- Richard Blvd
Developers say they have raised 900M from investors in Hong Kong, but need additional investor for about 2-10M to carry the project through the entitlement process...Hong Kong investor will not give money until that part is complete
Lot of skepticism among local developers that were approced for money. Some thing it's a "pipedream" (that was kinda my thought too)
WHY SACRAMENTO?
- CA is the largest Asian trader
- Central Location in CA
- Lower Construction Costs than SF, LA or Seattle
- More affordable and better commutes that make it easier to attract foreign talent
They expect entitlements to take 3 years and hope to be open in 2010
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