Business Journal: High Rise Proposed Near City Hall

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(Sacramento, CA)
Thursday, October 13, 2005

A Texas developer with the money to build now is the frontrunner for a site at 8th and I Sts., a stone’s throw from City Hall.

Sacramento County owns the half block, and put it on the market in July. The supervisors’ screening committee puts this 21-story proposal at the top of the list … and the Supervisors will consider it next week.

The Texas developer, D.H. Horton, had revenue of $11 billion last year. The well-heeled company envisions 295 condos, plus a smattering of office and retail space.

Several other condo high-rises for downtown Sacramento are already at different stages of development … although none have broken ground.