Southern Land Company (SLC) and the Sacramento Kings have announced plans for a new mixed-use, luxury high-rise project located at Capitol Mall and 3rd Street in Sacramento. The project will represent the first high-rise rental residences in Sacramento.
The mixed-use project will feature approximately 28 floors comprising 225 luxury apartment homes and an 80,000-sf mass timber office building in a prime location just 0.2 miles from Golden 1 Center, home of the Sacramento Kings. The development will offer a unique live-work-play lifestyle to its residents.
Future residents will live close to myriad shopping and dining options as well as three million sf of office space. Residents will also enjoy direct access to Crocker Park located just across the street as well as Crocker Art Museum, one of the largest art museums in North America.
After acquiring the land, known as Lot X, from the City of Sacramento, the Kings began looking for a partner to bring the new project to life, finding that partner in SLC. SLC then bought the 2.56-acre site from the Sacramento Kings. The lot has long been used as a surface parking lot for people working in nearby offices.
Renderings of the project and more details about the project’s design and features will be available at a later date.
Related Stories
Multifamily Housing | Mar 28, 2021
Smart home technology 101 for multifamily housing communities
Bulk-services Wi-Fi leads to better connectivity, products, and services to help multifamily developers create greater value for residents–and their own bottom line.
Multifamily Housing | Mar 27, 2021
Designing multifamily housing today for the post-Covid world of tomorrow
The multifamily market has changed dramatically due to the Covid pandemic. Here's how one architecture firm has accommodate their designs to what tenants are now demanding.
Multifamily Housing | Mar 23, 2021
One Hundred Above the Park completes in St. Louis
Studio Gang designed the building.
Multifamily Housing | Mar 22, 2021
Waldorf Astoria Miami will become the tallest tower south of Manhattan
The supertall tower will include a hotel and residences.
Multifamily Housing | Mar 18, 2021
Mixed-use residence for UCLA medical students completes
Lorcan O’Herlihy Architects designed the project.
Multifamily Housing | Mar 15, 2021
First phase of Presidium Waterford breaks ground in Austin, Texas
O’Brien Architects and Dwell Design Studio are designing the project.
Luxury Residential | Mar 10, 2021
Luxury multifamily development opens at the front door of Charlotte’s South End neighborhood
Broadstone Queen City recently opened its doors to its first residents.
Multifamily Housing | Mar 10, 2021
9 smart connectivity systems for multifamily housing communities
Smart connectivity systems are starting to become a must-have amenity in multifamily properties—and not just for upscale urban rentals.
Multifamily Housing | Mar 9, 2021
Investor demand for multifamily real estate remains relatively strong despite COVID-19
Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.
Multifamily Housing | Mar 7, 2021
Deadline extended for Cover Photo of the next issue of MULTIFAMILY Design+Construction
Request from Editori of Multifamily Design+Construction for photos showing project amenities, for next issue of the magazine.
