Articles tagged with: railyards
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Sacramento is planning for 15,000 homes north of its downtown, most of them on the site of a former railyard. The homes, condominiums and townhouses will be built in anticipation of future housing needs. Area planners project that continued high gas prices will discourage people from living in distant suburbs, where they will face long commutes.
The abandoned railyard is north of the state capital and main downtown business district. It is bordered by Interstate 5, the American River and the city’s Amtrak station. The 24-acre site would have some 12,000 …
Real Estate »
The state Department of Housing and Community Development is poised to award $47 million in state bond funds for the construction of roads and other needed infrastructure in the downtown railyard.
If Housing and Community Development Secretary Lynn Jacobs signs off on the award Friday, it will be the largest amount given to any of the nearly 50 projects around the state receiving money from Proposition IC, the housing bond passed by voters in 2006.
The infusion of money means design of key roads opening up the railyard to downtown will begin …
