Business Journal: Saca Proposes New Condos
The City of Sacramento’s design commission will soon review a new plan for a 39 story condominium tower.
Friday, June 15, 2007
The site would be 10th and J in Sacramento’s downtown, and the developer behind the project is a familiar one. John Saca, who for several years tried but failed to put two 53-story condominium buildings on Capitol Mall, known as The Towers. Saca just transferred his interests in The Towers location to CALPERS, which will develop a new vision for that site with a different developer. Saca’s new, smaller endeavor would be called The Metropolitan. It would be the tallest building on the downtown skyline. Saca says he has the resources lined up to build it. The design commission will review it next week.