The Sacramento City Council Tuesday night will consider whether to approve a new cluster of apartment buildings on K Street.
The City Council is considering a project that would include 137 new studio, one-bedroom, and two-bedroom apartments just down the street from the site of the new arena.
Tyrone Roderick Williams is with the Sacramento Housing and Redevelopment Agency.
"It's a unique project that takes the existing commercial structures that are within the 700 block of K Street and really leaves the first-half or so of the buildings intact," he says. "And then in the rear of the building will rise six-story housing development that will be mixed-income."
The apartments would be available for tenants of all income levels.
Williams says, "This is a model that's been tried and true throughout the country but is breaking new ground here in Sacramento downtown."
The project also includes 51-thousand square feet of common space and retail.
Development was delayed for a year because of a disagreement over eligibility for redevelopment funds. The City and the State of California argued in court over the project's eligibility for redevelopment money once Governor Jerry Brown eliminated redevelopment agencies.
Construction is scheduled to begin early next year and will be completed by the end of 2016.
The project is expected to create 330 jobs.
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