Business Journal: New Plans For Arcade Creek
A high-profile property could be converted into homes and a commercial development over the next several years.
Tuesday, May 27, 2008
Property owner Ted Mitchell is looking to develop 55 acres along Arcade Creek in Citrus Heights, one of the largest remaining infill properties in northern Sacramento County. Mitchell, whose family has owned the land for several generations, has a nine-hole golf course and a mini-golf course on the property, but as business slows he is looking to develop the site. Under a still-developing plan, the land north of Arcade Creek would be used for moderately dense housing with low-rise condominiums, townhouses or single-family homes. The area south of the creek would have higher-density housing — apartments, condos or townhouses — and also possibly office space, a restaurant and a market. About one-third of the land would be reserved for open space. Citrus Heights’ business and city leaders are encouraged, saying the proposal could help jump-start other redevelopment projects in the area. Mitchell’s great-grandparents bought the land around Arcade Creek for $1,600 in gold coins in the mid-1860s.