0820_AUG Comstock's Magazine 0820 August | Page 67

SPECIAL PROMOTIONAL SECTION El Dorado Hills Town Center East Kevin Nagle, president, The Nagle Company Type of Development: Mixed use Description: “Town Center East resembles a little city that has a variety of services where people can live, work and play.” Size: 125 acres Location: Latrobe Road and Highway 50, El Dorado Hills Start Date: 1995 Completion Date: Ongoing What impact do you predict this project will have on the local economy? “It has already had an extraordinary impact on the local economy. Over 3,000 tenant jobs are on-site and will continue to grow. You have Mom & Pops Chicken Shop opening in August or September. You also have the Stick House Mongolian BBQ opening up in the same time frame. These are two restaurants that are opening up in this challenging economic climate but we believe in the concept of (the El Dorado Hills Chamber of Commerce) and our ability to serve our tenants.” The A.J. at The Railyards Denton Kelley, Managing Partner, LDK Ventures Type of Development: Mixed use Description: With 345 units, “The A.J. will offer immediate access to light rail and bus, an abundance of parking, and over 5,000 square feet of ground floor retail with a mix of neighbor-serving tenants.” Size: About 2.9 acres Location: Sixth Street and Railyards Boulevard, Sacramento Start Date: Third quarter of 2020 Completion Date: Fourth quarter of 2022 What impact do you predict this project will have on the local economy? “Catalytic. The site once served as the western terminus of the Transcontinental Railroad. At the time, it was a hub of innovation, entrepreneurship and technology and was the largest employment center in the region. The A.J. jump-starts the entire Railyards (development) which is a unique urban development opportunity that will generate tremendous social and economic development impacts for the entire Northern California region.” 17 Central Sara Lebastchi, vice president of operations, D&S Development Type of Development: Mixed use Description: 111 residential studio and one-bedroom units with about 1,600 square feet of ground floor retail space Size: About 95,000 square feet Location: 1631 K St., Sacramento Start Date: Spring 2020 Completion Date: Fall 2022 What makes this project significant? “(It is) high density in a walkable location. Once completed, it will be one of a handful of residential buildings to be constructed using a 6-over-2 (podium construction) building configuration, making it one of the tallest light-framed wood buildings in the U.S.” 1717 S Street Karen Ulep, creative services and marketing manager, Capitol Area Development Authority Type of Development: Mixed use Description: 159 units and 11,376 square feet of ground floor commercial uses Size: 236,408 square feet Location: 1717 S St., Sacramento Start Date: Winter 2020 Completion Date: Late 2022 or early 2023 What makes this project significant? “It repurposes an empty and formally environmentally contaminated property into a significant residential mixed-use building. The project is dense and provides more housing to the R Street Corridor and the city. The affordable units will provide housing options for people working in the grid. The project helps to complete redevelopment of an important section of R Street Corridor.” August 2020 | comstocksmag.com 67