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Business Journal: Midtown Micro-Unit Housing Project Nearly Finished; Aerojet Selling More Rancho Cordova Property; Country Club Adding Retail Space

Dennis McCoy / Sacramento Business Journal

Midtown Sacramento's smallest housing units are nearly ready. The 11-story building — called 19J — includes 175 apartments with units as small as 300 square-feet.

Dennis McCoy / Sacramento Business Journal

Micro-Unit Apartment Building Nearly Finished In Midtown

If you're looking for a place to live in midtown Sacramento, a new housing project is almost ready at 19th and J streets. But you might have to downsize. The 11-story building, called 19J, includes 300-square-foot "micro-units." The Sacramento Business Journal's Sonya Sorich says the micro-units will come furnished.

"A space along the wall will house a wall-bed that's pulled down for sleeping, and also creates a small couch,” says Sorich. “Kitchens are a little different in the smaller units. Tenants will have two stove burners, a mini refrigerator and a microwave oven, but not a full oven."

The project's developer says rents will start at less than a thousand dollars.

Aerojet Selling Off More Sacramento Area Property

On the heels of announcing plans to lay off nearly 200 Sacramento area workers, Aerojet Rocketdyne is gradually reducing its presence in Rancho Cordova. Sorich says the rocket builder put 800,000 square-feet of office, warehouse and industrial space on the market.

"It's also selling Easton Place, an approved but never built housing community between Rancho Cordova and Folsom," says Sorich.

The two sites are being marketed to builders and developers. And even though Aerojet is reducing its presence in Rancho Cordova, some local leaders think this could actually create an opportunity for economic development and make large spaces available for new employers and expanding companies in a tight real estate market.

Country Club Plaza Wants To Add More Retail Space

The Country Club Plaza shopping mall in Sacramento at Watt and El Camino avenues wants to add new retail space. Sorich says a proposal going before Sacramento County's planning commission could mean more construction at the site.

"Next week the planning commission will review a proposal to add four new stand-alone buildings on what's now the mall's parking lot. Two of those are expected to house multiple tenants, while the other smaller buildings would have drive-thrus."

No tenants have been confirmed yet. The mall's operations manager says the plan also calls for additional tweaks to landscaping and asphalt on the property.

Steve Milne

Morning Edition Anchor & Reporter

Steve is the Morning Edition anchor for Capital Public Radio. He covers stories on a wide range of topics including: business, education, real estate, agriculture and music.  Read Full Bio 

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