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Business Journal: River One Planned In West Sacramento; Build-A-Bear At Florin Walmart; Insomnia Cookies At Downtown Commons
Condos, Hotel Planned For West Sac’s Bridge District
The owners of West Sacramento-based grocery store chain Raley's are involved in an ambitious plan to put condominiums, retail stores, restaurants and a hotel on eight acres of undeveloped land between the Tower Bridge and the Ziggurat building. Development firm Fulcrum is also behind the project. The Sacramento Business Journal's Sonya Sorich says they're calling it River One.
"This project will fill a portion of an area called Raley's Landing,” says Sorich. “Fulcrum recently formed a partnership with Mike and Julie Teel of Raley's to explore options for the property. Land for this project is owned by a joint venture of Fulcrum and Mike and Julie Teel."
The project would include 57 condos, space for retail, bar and restaurant businesses and a nearly 200-room boutique hotel. It would be the first hotel in West Sacramento's Bridge District. The goal is to have the development completed in 2022.
Florin Towne Center Walmart To Include Build-A-Bear
Walmart is trying something a little different at one of its Sacramento area stores. They're opening a Build-A-Bear Workshop inside their Florin Towne Centre location later this year. Build-A-Bear is well-known for their stores inside shopping malls where customers make stuffed animals. Sorich says the idea is to bring an experience-oriented shopping element into Walmart stores, as a way to compete with online sellers ...
"... but it also marks a shift in strategy that we might be seeing for some traditional mall retailers. As some malls struggle, we might see more retailers form partnerships with big box stores and not rely on mall traffic as much."
Not too long ago, Build-A-Bear started opening sites inside some Walmart stores as part of a pilot program ... including Walmarts in Stockton and two other California cities.
Late Night Cookies Coming To Downtown
Insomnia Cookies - a chain of bakeries that specializes in delivering warm cookies - is opening a site in Downtown Sacramento.
"Representatives from Insomnia say the new Sacramento store will deliver cookies until 3 a.m. daily," says Sorich.
The bakery would be at Sacramento’s Downtown Commons, according to online leasing materials … which also show that Chipotle Mexican Grill plans to open a spot in the area. Chipotle has several Sacramento-area stores, but this will be the second local site for Insomnia Cookies. Both possible additions could open later this year.
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